1- I love coins and tokens! I really do, and I own many of them, other than #Bitcoin. However, PLEASE stop using MarketCap as an indicator.
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Replying to @CharlieShrem
2- Case in point. I owned 1% of a $30M MarketCap token. $300,000 right? No. Order books were only 20 BTC deep.
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Replying to @CharlieShrem
3- I market sold $20,000 worth of tokens, yet wiped off $15 million off the market cap. Theoretically speaking, of course.
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Replying to @CharlieShrem
All these are 100% fair criticisms. I know a few startups with $10mm+ illiquid crypto on bal sheet. Yet, it's an unavoidable metric...
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Replying to @jgarzik @CharlieShrem
What's a better solution? How about "liquidity cap" - mkt price * 30 day lq mov avg
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Replying to @CharlieShrem @jaxx_io
Monetize that data! :) "The Jaxx index"
2 replies 0 retweets 7 likes
make it so! i’d gladly pull out my 401K out of the S&P Index and move it to the #JaxxIndex 
9:42 AM - 8 Jun 2017
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