BTW Im on the Bitcore camp and Im pissed off like most of you that they only show 1.9M in circulating supply. But unlike most trolls here, I try to understand what is their rationale. I dont buy the conspiracy theory and I dont think they are stupid.
Thank you for that profound advice. All I try to say is that their "point of view" means in the end, the distribution via BTC snapshot import will never count toward the market cap. And this, I think is just wrong. And because of that I allow myself not to call that "point of view". Maybe I'am to harsh with my wording, but I never troll around.
No its not that the Nov 2 snapshot distribution will never count, as in the 1.9M some of it is included. In fact the BTX quantity that is accounted in the 1.9M is the quantity that was redeemed by BTC holders. As more people redeem their free BTX, it will be included in the circulating supply.
They use the public float accounting method to calculate the market cap. In their official definition, this is what they say:
"We've found that Circulating Supply is a much better metric for determining the market capitalization. Coins that are locked, reserved, or not able to be sold on the public market are coins that can't affect the price and thus should not be allowed to affect the market capitalization as well. The method of using the Circulating Supply is analogous to the method of using public float for determining the market capitalization of companies in traditional investing."At the moment we can change nothing so ... let's ignore this, or what is you suggestion?
I see CMC is one of the most referred/viewed website (even at the bitcore.cc site [bottom]) for investors looking at market caps, volume and change.
So I think it's important to make clear statements what is right and what is wrong.
Agree enough said on that topic.
Only the dev team can solve this issue with cmc.