Because market cap is an awful way to measure a cryptocurrency's "value" or "market size" - if I create FooCoin, mine a million FooCoins and then sell you one f

Because market cap is an awful way to measure a cryptocurrency's "value" or "market size" - if I create FooCoin, mine a million FooCoins and then sell you one for $10 then the market cap is $10 million, but clearly only $10 worth of activity has occurred. The daily volume of BTC is somewhere between $3bn and $25bn depending on how much fake volume is being reported by shady exchanges. And it might be far less because that will include things like transfers between wallets, payments and exchanges from and to fiat currencies and other cryptos. But even at the high figure there Satoshi's coins are worth twice as much as is traded every day, meaning that selling 10% of their stash would be between 20% to 150% of everything traded in a day and would tank the price drastically. Just a few days ago the price of BTC dropped 23% in one day after a mining pool sold off only 3,633 coins in one go: https://www.cityam.com/bitcoin-price-crashed-here-is-what-comes-next/ https://www.cityam.com/bitcoin-price-crashed-here-is-what-co... Satoshi has 300 times as many coins as that...