Post
Topic
Board Announcements (Altcoins)
Re: Network Attack on XVG / VERGE
by
bisti
on 07/04/2018, 12:19:22 UTC
i think you are missing the all point here, do you know how a price coin is calculated? The market cap is calculated by multiplying the circulating supply of a cryptocurrency by the coin price. It makes absolutely no sense at all saying that once we reach the market cap limit the price will sink. How can a price sink when you are not injecting more coins into the market therefor making the competition for them higher this is comon sense and basic rule of supply/demand. Every single coin in the market will reach this point except the ones that have infinite supply where i don't see how they can survive in the future when they are litereally flooding the market with billions of coins making the price less competitive, they require a constant flow in of money to buy that supply to keep the price up.
Oh ok in that case it's ok. The biggest and first - Bitcoin - after so many years is on 16,9 out of max 21 market cap.

But hacked coin without a real DEV is losing millions every day and they reached 15 out of 16,5 market cap, thats no problem. Is that what are you saying?