Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
Este Nuno
on 03/08/2014, 20:12:09 UTC
What is the fully diluted market cap at present?

(18.4 billion * coin price)

It's 1.84 billion total.  Half mined after 10 years.  I don't feel including the 2nd half is important, but understand you may be thinking very long-term.

BTC0.0000668 * 1840000000 XCN = BTC122,912

Okay even if we include the 10 years only, BTC60k sounds a little steep, about the price of Monero.

How would you even sell this to regular people? What do you say? "It's like Bitcoin but it takes less space on your hard drive if you decide to actually download the blockchain."? Is that the elevator pitch? At least with XMR you can tell the average person that the FBI/NSA ect can easily tell what you're buying with Bitcoin and not so easily with XMR.

I don't mean to sound too negative here or disparage new technology. But this market never ceases to amaze me with it's hype.