Quote from: Amnvex on January 10, 2018, 05:02:43 AM

Quote from: vaperooo on January 10, 2018, 04:24:38 AM

Quote from: jmik on January 10, 2018, 01:50:44 AM

Quote from: findshakil on January 10, 2018, 01:27:16 AM

Total Supply 10 billion

Quote form the first page

Total supply of this coin ?

We use POS, and the total amount of SwftCoin is 10 billion.

So 10 billion coins, with current trade price of ~US$0.08 = 800,000,000 current market cap? Good luck with that.

Good luck with what?? Sustaining the price of $0.08?

He's a troll. He doesn't know / understand how this stuff works. Ignore him. This coin has a minimum 100x potential if it develops fully and is able to keep on being developed to encompass the whole market as an alternative exchange.

Quote from: jmik on January 10, 2018, 01:50:44 AM

Quote from: findshakil on January 10, 2018, 01:27:16 AM

Total Supply 10 billion

Quote form the first page

Total supply of this coin ?

We use POS, and the total amount of SwftCoin is 10 billion.

So 10 billion coins, with current trade price of ~US$0.08 = 800,000,000 current market cap? Good luck with that.

Wow, another n00b who thinks market cap and amount of coins is relevant in the wrong way. Here, let me enlighten you:

XRP (Ripple) number of coins: 38.59B; current coin price: ~$2 USD; market cap: 76.40 bn
TRX (Tronix) number of coins: 65.74B; current coin price: ~$0.11 USD; market cap: 7.64 bn
XVG (Verge) number of coins: 12.79B; current coin price: ~$0.17 USD; market cap: 2.24 bn
ADA (Cardano) number of coins: 31.11B; current coin price: ~0.75 USD; market cap: 23.73 bn

These are just some examples of coins with even more total supply. You don't understand the relevancy of market cap. Just because BTC has a market cap of 1 trillion doesn't mean anything--it's all about demand and supply. Assuming all coins of BTC can be sold for something like $15k, sure, you'll arrive at the current cap of $242.63B, but the problem is that the market is dynamic and market cap does not actually explain how much fiat currency has been put into bitcoin. Volume is a much better indicator for amount of fiat going in/out (or use TA [technical analysis] to figure out money flows).

Do your research, fool. I bet you've got weak hands, too. Sell off all you got so we can get your supply.

Here, something informative for your weak mind: http://cryptogurus.com/guides/price-or-market-cap/

I am betting that you're probably one of those people who chronically loses money in the market or doesn't ever make any because you don't understand how it works. FYI, I hold many dozens of thousands of SWFTCoin because I believe in the technology and its utility, and have no intentions whatsoever to sell at all--I would trade this over fiat any day. I used to have ADA but sold when it was just $0.06. You know why? Because I thought: total supply too high. Then I did my research and unphucked myself and realized that's not how you measure a coin's value.

Good luck--you seem to need it.

I'm not a troll just because I think SWFT's market cap is overvalued. I appreciate you trying to educate me, vitriol excluded, and I acknowledge that market cap isn't the be all and end all valuation of a coin. But won't you acknowledge as well that starting off at 800MM might hamper SWFT's growth somewhat? Verge, Tronix and Cardano are all considered overvalued as well. By these very numbers, a mere 4x increase in SWFT to ~$0.35 would put it in the Top 20 coins.

Does that make sense to you this early in it's life? Coins need room to grow. It's a competitive market out there.

jmik

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