Post
Topic
Board Altcoin Discussion
Re: free powtoken over facebook does it have a future?
by
dababe
on 14/03/2018, 08:04:51 UTC
The distribution model is good as a concept, but I am not sure that it has been executes in the best possible way. Some people got too much in the beginning.

First movers in bitcoin back in 2009 got too much in the beginning too.

First movers in everything ALWAYS get an advantage.

If you are concerned about the coin supply, then say so.  But most people expressing concerned about the coin supply of any coin believe in the myth that coin supply dictates price. No it doesn't. There is a simple mathematical formula for marketcapitalization: MarketCap = PRICE * CIRCULATING COIN SUPPLY  
Thus
PRICE is NOT dependent upon circulating coin supply nor total coin supply

When I buy coins, I don't say "Hmmmm... I wonder what the coin supply is". That is at the bottom of my list of parameters for consideration.

And when it is FREE, I have one parameter. Will they give me a LOT of them?  Cheesy Cheesy