Quote from: BldSwtTrs on May 22, 2014, 08:15:02 PM

Quote from: wachtwoord on May 22, 2014, 08:11:00 PM

Quote from: Ultros on May 22, 2014, 07:55:00 PM

Quote from: aminorex on May 22, 2014, 07:42:01 PM

MRO

First time I ever heard about MRO was in one of your posts on this thread. Great discovery I made thanks to you.

Monero (what MRO stands for) will have a max supply of 18.446 million MRO. So a relation with Bitcoin of 0.878. With a current price of $1.73 we can normalize to $1.52 if MRO had a 21M supply like Bitcoin.

In other words, the current exchange rate implies that 520/1.52 = 342 Bitcoin is only 342 times more valuable than MRO right now. This multiple seems way too low for me (>1:10,000 seems more correct) so at least relative to Bitcoin MRO is vastly overpriced in my opinion.

There is less than 1 million MRO and 12,8 million BTC out there. So you can add tenfold to your calculation.

There is 18.446M MRO and 21M BTC the fact that they have not been mined yet is irrelevant as we know they're there. The whole market cap calculation in crypto land has been inherently flawed across the board. Market cap is calculated by multiplying total supply with current price.