Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!
by
d34g13
on 17/08/2014, 15:09:56 UTC
Ok now that I enjoyed the ride, let's do some simple math.  1500btc @ 500usd = 750,000USD.   so 15% of Syscoin is worth 750,000USD. Therefore 100% of Syscoin is worth 6.67 * 750,000USD = 5M marketcap.  Do you really think that a coin that launches with a litecoin wallet is worth 5M marketcap?

you forgot the time axisis - new coins issued only require 1 btc of buysupport to keep price stable - read the front page ... please