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RE: Debate Time #1 - AKA The Knowledge Bank

in #debate7 years ago

But, low entry price is irrelevant in the crypto world. Market capitalization matters, but I believe market capitalization is still very in-accurate as it measures the total circulating supply, but in the case of Bitcoin, 23% of the total Bitcoin circulation is reportedly lost. Not to mention if the CEO of Ripple decided to sell off his XRP, the markets would tank, people would panic.

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Very true, once the panic sells start to roll it’ll be chaos from there. Market cap isn’t 100% as a means of determining value, you’re right.