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Topic
Board Altcoin Discussion
Topic OP
Some thoughts on investing in datacoin: potential money-maker or not?
by
nobodysbusiness
on 03/03/2014, 02:17:33 UTC
I've been watching the price of datacoin drop lately, and I've been thinking about investing. I've already invested in MemoryCoin (MMC) and datacoin seems to be at a similar price-point right now. Some analysis:

With MMC, there's 10 Mil coins before 2% inflation kicks in, so if you wanted 1/10000 of the initial 10 Mil, it would cost about $100.

However, I found this thread on datacoin:
https://bitcointalk.org/index.php?topic=358592.0

It says that there will be 2 Billion max datacoins, so buying the same 1/10000 of the coins would cost about $17000. Something doesn't add up...

Is the max coins figure from the above thread incorrect? Or will the max coins not be hit for centuries?

Maybe there's someone on this forum that can advocate for datacoin and explain the situation...