With a price of 0,051 btc per GByte Byteball is number 9 on coinmarketcap with a total marketcapitalisation of 51.000 btc.
i don't understand that coinmarketcap calculates the marketcapitalisation by 100.000 Gbytes. That's the first round distribution number. The fact that the others are not distributed does not mean they do not exist. Total existing supply is 1 million Gbytes.
I hope people do realize that they are buying a top 10 coin.
titan20, there are also 21 million bitcoins but its also not entirely distributed yet. Coinmarketcap calculates marketcapitalisation by coins that was
already distributed. e.g. 16,131,025 BTC and not 21 million BTC.
Well, the big difference is Bitcoin is POW taking how many years to bring all the coins in to circulation.
Byteball is POS. The lead developer can bring all coins in to circulation tomorrow.
And if everything goes to plan i think all coins are in circulation within a year. So the marketcapitalisation is relatively enormous. This is a very successful coin but also very expensive one
There is no difference which method is used: POW or POS.
The lead developer can bring all coins in to circulation tomorrow.
Also in bitcoin that would be theoretically possible. BTW after all distribution bitcoin will be also POS.
if everything goes to plan i think all coins are in circulation within a year
Nobody know that, maybe first in 2020, who knows.
This is a very successful coin but also very expensive one
No. If the marketcapitalisation increases till one billion than the price is now incredibly cheap.