Post
Topic
Board Altcoin Discussion
Topic OP
Bitcoin Reserve - $10T Market Cap
by
Lock_Tightt
on 23/07/2024, 23:48:01 UTC
I'm told by my developers I can list my new altcoin, BitcoinRESERVE at any listing price. What do you think about if I listed it at $1,000,000? It would be a truly stable coin and possibly merit use as the world's reserve currency, without affecting Bitcoin. It would sit atop Bitcoin on any coin ranking with market cap of $10T with only 10M coins and rule the cryptocurrency world forever. 1 satoshiRES would be worth ~$.01.

Or $10,000,000? And 1 satoshiRES worth $.1?

There is also the notion of listing BitcoinRESERVE at, say, $1,000,000,000. 10M coin Market Cap $10,000,000,000,000,000,000 ($10 Quadrillion). 1 satoshiRES would be worth $10.

In your opinion, are any of these a preferable option? There's no way the price would ever drop in a standard pattern. People buying Bitcoin RESERVE in small amounts, placing a large number of orders, locks in the price through supply and demand...