Post
Topic
Board Tokens (Altcoins)
Re: [SwftCoin][Pre-ICO][Airdrop] Cross-Blockchain Solution is here ! SwftCoin
by
Amnvex
on 10/01/2018, 07:44:07 UTC
Total Supply 10 billion

Quote form the first page

Total supply of this coin ?
          
We use POS, and the total amount of SwftCoin is 10 billion.

So 10 billion coins, with current trade price of ~US$0.08 = 800,000,000 current market cap? Good luck with that.

Good luck with what?? Sustaining the price of $0.08?

He's a troll. He doesn't know / understand how this stuff works. Ignore him. This coin has a minimum 100x potential if it develops fully and is able to keep on being developed to encompass the whole market as an alternative exchange.

Total Supply 10 billion

Quote form the first page

Total supply of this coin ?
          
We use POS, and the total amount of SwftCoin is 10 billion.

So 10 billion coins, with current trade price of ~US$0.08 = 800,000,000 current market cap? Good luck with that.

Wow, another n00b who thinks market cap and amount of coins is relevant in the wrong way. Here, let me enlighten you:

XRP (Ripple) number of coins: 38.59B; current coin price: ~$2 USD; market cap: 76.40 bn
TRX (Tronix) number of coins: 65.74B; current coin price: ~$0.11 USD; market cap: 7.64 bn
XVG (Verge) number of coins: 12.79B; current coin price: ~$0.17 USD; market cap: 2.24 bn
ADA (Cardano) number of coins: 31.11B; current coin price: ~0.75 USD; market cap: 23.73 bn

These are just some examples of coins with even more total supply. You don't understand the relevancy of market cap. Just because BTC has a market cap of 1 trillion doesn't mean anything--it's all about demand and supply. Assuming all coins of BTC can be sold for something like $15k, sure, you'll arrive at the current cap of $242.63B, but the problem is that the market is dynamic and market cap does not actually explain how much fiat currency has been put into bitcoin. Volume is a much better indicator for amount of fiat going in/out (or use TA [technical analysis] to figure out money flows).

Do your research, fool. I bet you've got weak hands, too. Sell off all you got so we can get your supply.

Here, something informative for your weak mind: http://cryptogurus.com/guides/price-or-market-cap/

I am betting that you're probably one of those people who chronically loses money in the market or doesn't ever make any because you don't understand how it works. FYI, I hold many dozens of thousands of SWFTCoin because I believe in the technology and its utility, and have no intentions whatsoever to sell at all--I would trade this over fiat any day. I used to have ADA but sold when it was just $0.06. You know why? Because I thought: total supply too high. Then I did my research and unphucked myself and realized that's not how you measure a coin's value.

Good luck--you seem to need it.

I'm not a troll just because I think SWFT's market cap is overvalued. I appreciate you trying to educate me, vitriol excluded, and I acknowledge that market cap isn't the be all and end all valuation of a coin. But won't you acknowledge as well that starting off at 800MM might hamper SWFT's growth somewhat? Verge, Tronix and Cardano are all considered overvalued as well. By these very numbers, a mere 4x increase in SWFT to ~$0.35 would put it in the Top 20 coins.

Does that make sense to you this early in it's life? Coins need room to grow. It's a competitive market out there.

Uhm... well, let's see... I got in @ 50 satoshis, sooooo... also, SWFTC has a real utility to it, not just some sh!t coin (there's a coin called that, btw) where people speculate for who knows what reason. Furthermore the more people use SWFTC platform to trade, the more they buy it, which increases its price and also decreases the trading fee proportionally (you wouldn't be charging 800 SWFTC for 1 BTC to 1 ETH trade if 800 SWFTC suddenly went up 5x in value).

And ADA, TRX, and XVG aren't overvalued. Have you read their whitepapers? If any of them are overvalued, that'd be XVG which has whales who are sitting on millions of coins. I have no idea how you came to that conclusion about TRX or ADA, though. None whatsoever. I imagine you're sitting on crypto millions, right, and you understand the markets that well? Do you run a website and advise people on crypto investing? Because I do. In fact, I am part of an exclusive group that does TA and market analysis as well as information processing for figuring out what to buy or sell and when. Are you? Do you have that knowledge? If not, who are you to say what is overvalued? You're probably like Jamie Dimon who thinks Bitcoin is a bubble that's gonna pop and is a fraud/ponzi. Why do you even come to these forums if all you have to say on this topic is how everything in the market is overvalued? Jezus. Really sounds like you need to get off the internet and stop bothering with cryptos altogether.

Oh, and don't forget something else: Cardano's rise to its current price was a LOT faster and was pumped a LOT more than SWFTC. Go look at charts and see what I'm talking about.

Really, no offense, you just come off as a Wall street investor or some traditionalist. It's the way you type. And no one likes your kind. Go invest into MSFT or AMZN stock, gramps.