You can't count it like that. That's way to simple.
Trust is the most important thing for a currency. And Trust go completely crushed yesterday. The biggest Western exchange lost the majority of their coins. Why would any new money keep floating into any exchanges now?
Trust is the most important thing for a currency. And Trust go completely crushed yesterday. The biggest Western exchange lost the majority of their coins. Why would any new money keep floating into any exchanges now?
Trust in bitfinex got crushed, not in the currency itself.
There a lot of other exchanges, some even older than bitfinex.