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 =
BTC122,912Okay 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.
Yeah, I'll say it's a hard sell to anyone other then the small percentage of cryptoenthusiasts who looks really look at the deep technical aspects and the future problem they may hold. The lack of anonymity is already a very growing concern among even the bigger BTC-crowd and that will only grow until a good enough solution is presented. The blockchain size is not a really a huge concern yet.
But other than that, I'm still using leftover CPU-power to mine it. The problem will have to be addressed eventually one way or another. It's just that I think BTC will solve it without a need for being taken over by an alt coin..