Quote from: crypt0hash on January 30, 2017, 02:40:44 AM

Quote from: titan20 on January 29, 2017, 03:28:30 PM

Quote from: crypt0hash on January 28, 2017, 11:34:04 PM

Quote from: titan20 on January 28, 2017, 09:41:07 PM

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.

Quote from: titan20 on January 29, 2017, 03:28:30 PM

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.

Quote from: titan20 on January 29, 2017, 03:28:30 PM

if everything goes to plan i think all coins are in circulation within a year

Nobody know that, maybe first in 2020, who knows.

Quote from: titan20 on January 29, 2017, 03:28:30 PM

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.

Well that's also a way to look at it. But one thing i don't understand. How could all bitcoins be released in one day. Are you thinking of a hard fork or quantum computing which would solve all blocks in no time?