Value of bitcoins in circulation hits record high of $14bn

[grarpamp]

Not really anonymous, more elements like darknets, p2p exchange,
etc is needed for that. Even different coin tech such as zcash.
And adding coin to market drops market price, thus market cap.

A better market cap metric might be the current net sum of all
historical BUY-IN's and SELL-OUT's of the currency since its
inception at the 'quantity x price' at which each transaction at
that time occurred. Perhaps adjusted to reflect relative x-flation
to a chosen fiat using some purchasing power index. Adding
some days-destroyed method to compensate current value
for long term hold is interesting too.
IN/OUT central/p2p exchange data isn't published.
So the next best is sum of 'coin generation x price' at that time.

No?