Total market cap of a coin doesn't mean that amount of money goes in

in market •  7 years ago 

If I create a token with 1 billion supply and I sell only one for $1 and I keep 999,999,999 tokens, the total market cap will be $1 Billion and only $1 has been put in.

source

@jwolf.

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haha .....
Funny

what's so funny?

Thanks for information, good post....

Very nice i like it
That's really great

This is why I don't like math!!

Lol. You are right

doing the maths feel like
maths.gif

Hmm, I don't really understand the market. How does it even work.

In a real deal for $ 1, this result is obtained.