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RE: Valuing Steem: Why Steem and Steem Power are Good Investments.

in #business8 years ago

Youre misunderstanding the concept of market capitalization. As its used in terms of a company (like reddit) it just means the total value of a company's stock. Yes, they're somewhat analogous, but at the end of the day the market cap for a company's stock and the market cap for a cryptocurrency are apples and oranges.

You're not the first person ive seen make this mistake.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.030
BTC 67315.59
ETH 2604.26
USDT 1.00
SBD 2.71