Re: [ANN] BlackCoin (BC) | Launched | scrypt | PoS | No premine
[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.
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
Well, I was referring to after all PoW coins have been mined. But yes, you are right.
Hopefully after all coins have been mined each coin will be worth more than 2500 satoshi
The the VOID!