Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
Este Nuno
on 04/07/2014, 16:56:03 UTC
Explain this to me: Why is it that the market doesn't trust Monero if it has so solid fundamentals? Why is it that 100% instamined PoW/PoS hybrids appear out of nowhere, and just by being based on the Bitcoin codebase are able to out-perform the marketcap of Monero in a few days or weeks? This shouldn't even be possible.

4    Darkcoin   $ 34,537,954   $ 7.78   4,439,477 DRK
11    Bytecoin (BCN)   $ 8,974,931   $ 0.000057   156,920,284,106 BCN      
13    VeriCoin   $ 7,597,613   $ 0.283679   26,782,417 VRC
15    XC   $ 6,451,500   $ 1.17   5,515,507 XC
17    Monero   $ 5,080,622   $ 2.72   1,867,647 XMR

It is more helpful to compare the marketcaps with the total # of coins, which puts for example XMR in the $50M range, far above BCN.

Total number of coins to ever be minted? Why is that more helpful than the standard market cap calculation?