Re: [ANN][SUB1X| 🚀The Lowest Supply Masternode Coin🚀 | ZEROCOIN | 1000%+ APR
You claim that only because you have a low supply SUB1X will be worth a lot? Have a look at Project-X on CMC. 0,07826400 circulating supply and a total capitalization of $3.646. Maybe low supply is irrelevant?
Yeah I know this project they started out with one coin and the price is getting higher and higher so low supplies does do a lot marketing does the rest. Or at least helps it further
And of course having a nice team that is really responsive and active also helps a lot. And of course not forget a active community.
Did you even have a look at the project I am talking about? It essentially is worth nothing and it has low supply, which is what is believed to be an indicator for increasing prices in the future, but it is of course not. Low supply doesn't do a lot if the rest sucks.
I have, thank you
Yes you can thank me because I will save you some money by showing you that low supply will get you nowhere. It is perhaps the least important detail of a coin.
Can you explain / share your thoughts about the low supply
why u consider it the least important detail on Crypto Land.. Supply is irrelevant. It doesn't matter if you have a lot of coins at a very low price or less coins at a high price. If you own a percentage of the network the value you hold is the same if number of coins times price are equal for both networks.
This may ease some of your concern about coin supply distribution.
http://explorer.sub1x.org/richlist
The top 100 wallets own 30.36% of the current supply.
Wallet Rank 15 holds the balance of the superblock for proposal #5
Wallet Rank 8 holds the balance of the superblocks created by the bounty program proposal #4
I would never trust these distribution statistics as you never know whether one person has several wallets and still owns the majority of the supply even though your graphic might suggest otherwise. That's not only the case for your coin but for others as well.
That is very true. I can not tell for a fact that there is no one doing what you said above. There will be whales in every coin network including BTC, ETH, LTC & BCH. Does this mean that you do not hold any of these coin network assets?
What i can tell you is that the only wallets that are owned by the development team are the 2 that I listed. I have also personally requested that these coins be locked in their wallet inputs so that they do not effect the PoS rewards for the rest of the network. Due to operator error they have received a handful of staking rewards but they equate to less than .35 of a coin.
distribution is always a difficult topic. You cant know for sure who's the biggest holder or which wallets are connected, which is especially interesting when you have a project with masternodes like this one.
When the SUB1X Portal launches we will have a better understanding of the coins distribution as one of the requirements will be an operating Masternode. It wont show us the full distributions but it will give us an idea of how many communities members hold the nodes.