BITTREX:XLMUSD   Lumen / US Dollar (calculated by TradingView)
expecting to hit $15 to $20 1H2019
We're not looking at market caps or total supplies, are we? We appear to be dreaming.
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Pickingark grantiedoodle
@grantiedoodle,

Price depends on ask versus demand. If there are 1 million oranges, but only 1 is being sold, price can sky rocket even still. Multiplying price with total existing oranges would not be a good representation of the value of oranges in that case though.. Marketcap and total supply are just a number, that doesn't say much when looked at without context.
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grantiedoodle Pickingark
@Pickingark

Thanks. I'll remember to pass that information onto my University Economics professor. I'll bet he hasn't heard of supply vs demand before. What you're suggesting would imply Stellar having majority market shall. I could give you the numbers if you like?
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Pickingark grantiedoodle
@grantiedoodle, sorry, didnt want to be condescending. The point I tried to make is that Marketcap as is used in economics normally is used for stocks that earn dividend. The dollar and euro don't have marketcaps for example because their price isn't derived from dividend.
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