how are people valuing this at 10,000 BTC market cap. multiply coins in circulation by price. 2 billion coins do not exist yet and they will not on launch either so why are people mutliplying max coins by price. im failing to understand. BTC has 21million coins max does that its market cap right now should be 16billion dollars.
the value of a coin can only be valued at coins in existence, how can you value a coin at 10,000btc when there will not be 2billion coins on launch. its is clearly there. mac btc on ipo is 1500btc. so on launch the value of our coin will be 1500btc or less. the rest will be mined over the years. if you can't do simple maths please do not post about market caps
It actually makes sense. I guess everything depends on miners then. If they mine fast they might dump lower than IPO price. If they mine slowly they'll be selling higher.
it's a business evaluation; nothing about market cap at all. total valuation looks at to see if the IPO asking price is fair, we are not talking about future market cap. we look at the 10,000 BTC at 100% to see if this is a fair asking price.
You may be right.
I've got two questions though.
1. What will happen to unsold coins.
2. Someone said Moolah is 2 days old. Is that true? Can we trust them our money? Is it possible someone created the website to make IPO looks legit?
I'll be happy to answer almost all questions.
1. They will only mine what was sold.
2. Moolah just relaunched and they are in this thread answering questions too. They have been around for awhile and are registered in 2 locations (USA being one of them). Feel free to look into Moolah some more if you are still uneasy.