Dan Romero
@dwr.eth
The price of a crypto asset matters if you own it already. It doesn't matter if you don't own it. It's downstream of market cap.
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Dan Romero
@dwr.eth
Where is the price?
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kugusha 🦋
@kugusha.eth
is this the best example though?
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Dan Romero
@dwr.eth
it's a secondary example to the first image which is the best example price tells you nothing about xrp / sol / doge
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kugusha 🦋
@kugusha.eth
historic price chart is ideal. “Naked”mcap with no price doesn’t matter either
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Dan Romero
@dwr.eth
market cap by itself is certainly useful you are instantly able to compare it to any other asset (non-crypto!) you know the market cap of. market cap communicates opportunity cost / likelihood of future gain
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kugusha 🦋
@kugusha.eth
don’t you want to know both - mcap + price? the user interface is abundant, I’m sure both figures could fit in one page and provide a stronger signal together
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Dan Romero
@dwr.eth
read the original argument price is useful if you already have a position in the asset learning about an asset you don't have a position so your comparison is to other assets, which is market cap
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