What am I missing guys, total supply is supposed to be 900 milion. Total volume on cryptopia alone for LTC is already 25 billion.
Well you are going to shit your pants.
Because the total supply of this coin is 746,848,471,512 EMB as of block 226766. That is right 746 BILLION and growing about a billion every few hours.
https://www.coinexplorer.net/embBut interestingly enough, the FIRST explorer link on CMC goes to the explorer hosted on THEIR website which reports 9 Billion: explorer.embercoin.io
THIS IS THEIR HOSTED EXPLORER!!!But there is also a link on their website that says: "Official Explorer" that links to the 746 billion explorer.
On CMC during the pump, the total coins, which was NEVER publicly corrected or denied, STILL, advertised a cycling inventory of 92 BILLION. But it actually was 720 Billion (8x greater) How do you think THAT would effect the price?
Seriously, and you all think that they will run this burn with ANY precision?
Yes, I have been railing on about these guys for awhile, and Chartis actually looks like an interesting idea for a project. But this project has been going for over a year and they have YET to actually build anything that a bunch of janky wallets to support an out of control staking system. Just rolling through this forum alone I count 4 very different use cases and as of yet, they have not delivered any of them in any capacity. It is all about the staking. Now they need a parachute out and abandon embercoin. Why again are people trusting someone to build something so incredibly precise as geolocation when they cannot even clearly manage their own information sources to give accurate and VISIBLE information.
Insist on specifics. At least get them to PUBLICLY announce their circulating supply correctly and without any ambiguity. Ask anyone what the total supply is and you will get a multitude of answers, this is unheard of in this space. If the entire community does not know what the "general" amount of supply exists, how can they properly evaluate the price?
Oh, and WHEN do you think that the coins will get BURNED? Remember, this supply is increasing at an incredible rate. How do people feel about holding a few million now?