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Ask HN: What is PACoin?

3 点作者 gpickett00大约 7 年前
According to https://coinmarketcap.com/ it's the #3 cryptocurrency behind Bitcoin and Ethereum.

2 条评论

SirLJ大约 7 年前
The market cap means exactly nothing in the case of tokens.<p>Anyone can create the gazillion coin, give some to small exchange to list it, make few transactions between 2 wallets and you&#x27;ll have a &quot;market cap&quot; for all tokens in the gazillions...<p>But just try to sell let&#x27;s say 5% of all bitcoins and see what the &quot;real&quot; price is going to be relative to the &quot;market cap&quot;
mtmail大约 7 年前
&quot;Just reaching out to note that [coinmarketcap] has [paccoin] ranked as #3 but is apparently using old pac as the multiplier which is incorrect.&quot; <a href="https:&#x2F;&#x2F;www.reddit.com&#x2F;r&#x2F;paccoin&#x2F;comments&#x2F;838i99&#x2F;cmc_3_ranking_incorrect_multiplier&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.reddit.com&#x2F;r&#x2F;paccoin&#x2F;comments&#x2F;838i99&#x2F;cmc_3_ranki...</a>