Quote from: wojak on September 26, 2017, 04:43:28 PM

Quote from: contraband on September 13, 2017, 04:04:03 PM

Quote from: JakeCrypto on September 13, 2017, 02:37:06 PM

$0.01 per coin with a 21,000,000,000 supply

The ICO price puts its marketcap at $210,000,000 and if we look at coinmarketcap.com then you can see that would put Electroneum in position 31 between Golem and BAT...

5x gains would put it at p11 above OmiseGO

10x gains would put it at p7 above NEM

100x gains would put it at p3 above BCH and not far behind ETH

1000x gains would put it p1 with a marketcap 3.3x larger than Bitcoin

Come on guys you might make some gains but lets be realistic, in the current bear market I can see this dropping below ICO price. There are a lot of promising projects below p31 marketcap and I don't see what make Electroneum so much more valuable.

Actually that is not the way it is figured out because the LARGE MAJORITY of the coins are for mining.

6 billion in the crowdsale
15 billion in the ICO

Zero premine for devs

So, the way you would figure it out is you would take the 6 Billion in circulation and add in whatever is mined after Nov 1st the launch, and that is how you would corrrectly figure the Marketcap.

But yes Electroneum will beat all those coins thru the years we would like you think.

Ok I dont get it. To have $0.01 price you need to have $63 000 000 cap. Currently there is $3126462. If you will not get 63bln and enter to exchanges, what will be the price? Lower then $0.01?

to get 10x it needs 630 000 000 cap
to get 100x it needs 6 300 000 000 cap
to get 1000x it needs 63 000 000 000 cap

but it is only for crowdsale, then with 15 billion
to get 10x it needs 2 100 000 000 cap
to get 100x it needs 21 000 000 000 cap
to get 1000x it needs 210 000 000 000 cap

and values bigger than 100x seems pointless, 1ETN higher than $0.01 may be useless in microtransactions

That market cap calculation is flawed. Market cap is determined by the price of the coins in circulation times the price of one coin. NOT the total amount of coins times the price of one coin.

The price as it will be listed on exchanges i believe will be $0.01 and if the ICO ended now, there would be a 450 million coins times $0.01 market cap, not counting what will be mined from now on and forward.