Ripple reaches second place by marketing capitalization

[grarpamp]

On Fri, Dec 29, 2017 at 8:21 AM, Georgi Guninski <guninski at guninski.com> wrote:
> What should investors know before investing in XRP?

https://wikipedia.org/wiki/Ripple_(company)
https://wikipedia.org/wiki/Ripple_(payment_protocol)

$100M Bank funded, massively Corporate and Government partnered,
inflationary, non-p2p centralized gateways, trackable, censorable, selling
their own premine / printing, digital fiat / fiat transport, etc.

Some people are saying those things, users should research.

> https://coinmarketcap.com/

Market Cap = current quantity * current price, not necessarily
what amount of work / value was actually historically exchanged
into it.

Given a fixed 2M unit 100% preprinted coin stored and readied for
sale in a warehouse, 1M units bought on day one for 1 cow total,
then the other 1M units bought 10 years later for 1 cow each,
does not make 2M cows worth, it makes 1M cows + 1 cow.

Try one possibly better approximation for BTC, what do you get?
mkt cap = sum(each block of coins mined * its historical price)