Cryptocurrency Market Cap = BS

One thing I like about PoW cryptocurrency is that trust isn't required. Unfortunately the information about it still requires a lot of verification and still can't be trusted. Just a few moments ago I had the pleasure of seeing a #news Tweet about #Ethereum "gobbling up" the cryptomarket. It was from RT and is shown in the picture below.

source: twitter.com/RT_com/status/885860851919540224

Let's see how it's going in the world of #Bitcoin vs #Litecoin vs #Ethereum...

Needless to say, that "gobbling up" is headed to the grave. But why would they write such an article? It's simply because the flawed calculation of market cap. It's literally in the first few sentences from the article.

Bitcoin went from 300 USD to 3000 USD in just a matter of months... More on the issue @ https://steemit.com/bitcoin/@wheelchairjuice/blockchain-isn-t-the-answer