Post
Topic
Board Altcoin Discussion
Re: Monero Economy
by
GreekBitcoin
on 06/05/2014, 17:02:31 UTC

My correction of Anotheranonlol claim from the other thread :

and now the final market cap is 45,000 btc or ~ $19million based on orders here right now Huh
blablabla

No.

18400000 MRO x 0.00175 BTC = 32200 BTC ~ 13.9 Millions.

Above Darkcoin, its competitor. Above Blackcoin (that is overpriced). Under Namecoin & Mastercoin.

The price of Monero perfectly match its market.



Current and only interesting marketcap is:
bc_height 27654

27654 * 17.7 (approx) = 489 475 MRO

489 475 * 0.00175 BTC = ~ 856 BTC
856 * 430 USD = 368 080 USD




This. And actually 0.00175 is max price. So it is actually less. I cant understand why we need to consider max coins 8 years before we reach max coins.