Is the marketcap of Steem calculated wrong?
As far as i know only 3.000.000 Steem are in circulation at the moment. And if everyone is powering down 1/104 of the vesting shares would be available. Why does Coinmarketcap even consider to calculate the Vesting share into the marketvalue of Steem?
Ok, they are mined, but they are not available. It is like to calculate the coming Bitcoins in 1 year into the marketcap.
This inflates the marketcap a lot and is misleading the "true" value of Steem at the moment. If i can't sell it at least i should calculate with the value right now and not for something i can't sell.
What are your thoughts?
Interesting post. Well done :)
Hi! This post has a Flesch-Kincaid grade level of 5.1 and reading ease of 84%. This puts the writing level on par with Jane Austen and JK Rowling.