Post
Topic
Board Altcoin Discussion
Simple Price prediction Formula am i right ?
by
otaner142
on 11/11/2017, 20:28:57 UTC
So for example is i want to predict the future of lets say LTC i would do the following

- Pick a any date and Note the MKT Cap and Price
- Then Assume a Future MKT cap and Multiply it by the Price of the coin in the Date
- Then divide it by the MKT Cap of the Date
- Just a rough estimate of what the coin price might look like with a different MKT Cap

SO THE EXAMPLE GOES LIKE THIS (NOT ACTUAL LTC NUMBERS ) ------  10,000,000 = 0.06
                                                             32,555,555 = X    

---------------------------------------------   32,555,555 times 0.06 = 1,953,333

--------------------------------------------- 1,953,333 divided by 10,000,000 = 0.19 cents (new coin price with predicted MKT cap)

This is just a rough estimate, i also have to take in consideration the total supply and circulating supply , those actually determine the price of the coin a bit better in my opinion. Low Supply With high circulating supply increase the value of a coin.