Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
lovely89
on 05/09/2016, 09:28:43 UTC
How many iota(Ti) is currently in circulation?
There are 2780 Ti in total.

2.780 Peta Iota
1 Peta Iota = 1000 Tera Iota
1 Tera Iota = 1000 Giga Iota
1 Giga Iota = 1000 Mega Iota
1 Mega Iota = 1000 Kilo Iota
1 Kilo iota = 1000 iota

Currently Giga iota of Giota or GI is most commonly used for measurement. Price seems to be around 0.0125 - 0.015 btc per GI.

Let's say the asking price is 0.015btc/GI for now, the market cap is around 2.780 (Peta Iota) * 1000 (Tera Iota) * 1000 (Giga Iota) * 0.015btc/GI = 41700btc = ~25433664USD (25.4mil USD). Is that right?

That's right. You have to ask yourself if iota market is going to be above or below dogecoin on release. I made my decision. Smiley