Quote from: con4n007 on January 12, 2018, 12:51:14 AM

Quote from: Smarttcrypto on January 12, 2018, 12:29:21 AM

At the curren Hextracoin price the market cap is about 50 Million USD. At the end of January the 100k+ investors and the hextracoin gold investors will be able to withdraw their money (or not). I'm pretty confident that the amount that they should get in Hextracoin exceeds the market cap. What do you think will happen? I can't really see serious investors buy the coin at the moment when hextracoin basically freezes everything. I wasn't able to convert my interest into coins, I guess they just ran out of coins.

Lol the current supply is 10m out of 29m coins. So theres now ay they run out of coins

Yeah but they don't have the left out 29m coins. These are created by the miners over time and the time is fixed. Hextracoin has about 350k Facebook followers if you would assume each of them has an average payment of $200 due at the end of January (from Hextracoin Gold + Interest + 60 day loans made in November) that would sum up to 70 Million USD. So they would be screwed at the current price of 5 USD*10 Million Coins= 50 Million USD Market cap of all coins. With their price setting they will have a minimum price of 15 USD by then which translates to a market cap of 150 Million by then which means they could pay the investors in Hextracoins if they hold 50% of the total supply themselves by then. I don't really agree with their communist policy of dictating prices in a financial market.

https://www.youtube.com/watch?v=MsTFfDEp5eY&t=3s