Good evening . Does anyone have any predictions? What do you think, how many CLO will be in December? Will the income depend on this?
A block is formed roughly every 15 seconds and in each block contains 600 CLO.
There are 86400 seconds in a day so:
86400 / 15= 5760
5760*600= 3,456,000
So right now there are 3,456,000 CLO created each day. 20% of that goes to the treasury fund, 10% of that goes to the staking fund.
3,456,000 * 20% = 691,200
3,456,000 * 10% = 345,600
691,200 + 345,600= 1,036,800
2,419,200 Actual CLO are created and distributed to the miners daily besides the CLO reserved for the funding mechanism.
~150 days until December 2018....3,456,000 * 150 = 518,400,000 created until then
518,400,000+456,258,253(current supply) = 974,658,253
So nearly 1 Billion coins in mined by December, around that time they will enable the cold staking mechanism which IMO is the MOST important aspect of this project. It is what makes it unique and sets it apart from others.
Let's speculate that by that time, with a little hype and marketing the market cap of CLO gets to 120 million (~16x what it is now), that would put each CLO at .12c (12x what it is now) and that is if the price of bitcoin stays the same, if bitcoin goes up the price of each CLO could be even more.
Could be a lot of upside with this project.
I think this is a large number. The price will not be very high.
Ripple have more coin than clo, and now the price about 0.5 USD. Clo can reach 3 USD of have same market cap as xrp
Ripple essentially has unlimited supply unlike many other cryptos...highly unlikely that CLO could reach the same amount in market cap unless crypto literally explodes. CLO at least has a fixed supply.
If the point of the road map associated with the storage of files is justified, then the capitalization will exceed the value of this unfinished coin. I can argue with you.
I don't even understand what you are trying to say?
You trying to argue that CLO will get to a higher mkt cap than ripple?
Are you just a bot posting nonsense???
Can we make a bet? Are you ready to risk money to confirm your forecast? I'm ready. CLO bears the benefit of a real product, and XRP is useless shit.
Sigh
....I can't help but just shake my head at this forum anymore. Can you contribute anything other than just 2-3 sentences of just irrelevant statements or pointless questions? I don't really care for XRP, never have but it's not useless. 17 billion dollars of mkt cap agrees with me it's not useless. Countless banking POC (proof of concepts) also agrees it's not useless.
Callisto is great ya, it will provide a platform with a novel staking mechanism that has not been seen before and provide a service to the crypto community that will also give it value (even though its not the first to market with smart contract auditing). By November when staking initializes, or when they get listed on big exchange, price could increase significantly.
It's better to be honest and transparent about what investing in Callisto offers rather than just outlandish shilling.
Anyone with any sense of these markets will know that no coin that is 4 months old and has a market cap of less than 10 million has any chance of EVER over taking the 3rd highest crypto-currency in market cap. If that is what you are proposing will happen than ya ill take your bet, go to augur right now and create a market that says Callisto will over take XRP in market cap and i will drain my entire portfolio on shares that it won't.