Quote from: Baelder on October 15, 2017, 10:39:34 PM

Quote from: VampiricElder on October 15, 2017, 10:20:56 PM

Quote from: Packers1985 on October 15, 2017, 10:15:26 PM

Quote from: VampiricElder on October 15, 2017, 09:43:40 PM

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Quote from: VampiricElder on October 15, 2017, 09:02:01 PM

The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each

Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ?

I worked it out..

120,000,000 ÷ 600,000,000 = 18 cents

Then use the 18cent price for the burn

120,000,000 ÷ 80,000,000 = $1.50

Now imagine if Flik reaches 50 cents before the burn..

$300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close

I dont see anyone buying this after the burn. So do you think this value counts?

Yes because they have a roadmap, the price will keep going up from there

So what does it really mean to burn that much of them?
What will happen?

Burning means; coins are sent to an address that is guaranteed to have no known or discoverable private key, which means that those coins can never be used again.