Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] Syscoin - Business on the Blockchain
by
JessicaMILFson
on 01/07/2014, 05:01:22 UTC
So, this means....that there is 22,118,400 million coins released in the first 15 days, then 49,766,400 in the next 45 days? Then, 143,769,600 for another 180 days...


Making the total at 240 days = 215, 654,400 coins?

That's such a large number of coins, which makes it very difficult to achieve a >$1/coin market capitalization. It's deflationary, which I like. But it's not scarce enough to achieve >$1/coin valuation. Plus the increase amount of coins that can be possibly dumped, especially by those with the scrypt asics.

Also, 8% = 160,000,000 million premine?

Is this correct?