Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
prophetx
on 16/01/2015, 14:06:05 UTC
LTC - A complete useless altcoin - 54,000,000 marketcap
PayCoin - Such a bad joke on greedy people - 46,000,000 marketcap

Ethereum - ~6,600,000 marketcap

nuff said



Totally agree - Etheruem will be able to handle quite a lot of dilution from mining whilst still looking reasonably priced compared to those. I'd also add Stellar - a fairly shoddy fork of Ripple with nothing unique apart from the fact that its mainly distributed to fraudsters who set up multiple facebook accounts for the giveaway - at $17,000,000

this is not correct, there are about 60 Million Ether, the current ethercoin represents 1 million of them, valued at about $1 or so.  thus the market cap of Ethereum, using the value of the proxy ethercoin, is $60 Million, not $6 Million.