Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DCN] Deepcoin secure hashing (CPU/GPU) New algo/ No premine/ No IPO/ PoW
by
marada
on 15/09/2014, 14:00:29 UTC
Very expensive for 99m coins

The total coin number is not the only factor building the price.

BTC - 21 mln coins
LTC - 84 mln coins
FTC - 336 mln coins

Unlike POS coins that are backed with a week of mining this is pure POW coin.
It's value (cost of acquiration) is backed with total period of the coin existence.