Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!
by
mlord1010
on 17/08/2014, 15:12:00 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

You are hilarious.  Time axis is the biggest joke about crypto.  You are guaranteeing that the price will go down over time.  This coin will never be worth 5M marketcap, so your coin will never go above ICO price.  Need proof? Look at Doge..