Quote from: Stratobitz on July 06, 2014, 07:42:12 AM

Quote from: BrewCrewFan on July 06, 2014, 06:53:29 AM

Quote from: Stratobitz on July 06, 2014, 06:45:43 AM

XC is going to fall hard. Way overinflated - there are no buy orders (perhaps $25,000-$30,000 worth of actual real buy orders). There are 5.5 million coins. I'd say anyone holding more than a 100000 XC would have a near impossible time selling them at anywhere near these prices.

Again there a millions XC in circulation.

Strato

How many BTC are in circulation? LTC?

STFU.

You make it sound like there is 50 million out there... when in fact I believe reality outside of troll world there is under 6 mil XC.

My post specified the exact number of coins. 5.5 Million.

All I was arguing is that if anyone decided to "try" to sell a decent amount they couldn't.

Here's fact: You couldn't sell 200,000 coins if you tried. Its out of the order book, meaning price goes to zero. And that's only 3.5% of the the coins in circulation.

Lastly, the above wouldn't happen. Just saying it's thin. A 1% Sell Off crashes the price 25%. Use the trade estimator on https://bitcoinwisdom.com/markets/mintpal/xcbtc

Strato

TBH it feels like you are trying to start FUD on the day before a major release.. Take a look at DRK or any other coin. Could you sell 200,000 DRK?