Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | Launched | scrypt | PoS | No premine
by
jtpeters
on 27/02/2014, 18:08:46 UTC
[snips]

And add to that, someone could literally buy out the entire 100,000,000 supply at current prices and market cap. At 2500 satoshi that would require $2.5M USD, and there are plenty of single whales out there capable of doing it, let alone groups.

I thought there were only about 48MM coins now? (10,000 x 4759) That would be a market cap of USD $700,000 or so