the value of a coin can only be valued at coins in existence, how can you value a coin at 10,000btc when there will not be 2billion coins on launch. its is clearly there. mac btc on ipo is 1500btc. so on launch the value of our coin will be 1500btc or less. the rest will be mined over the years. if you can't do simple maths please do not post about market caps
It actually makes sense. I guess everything depends on miners then. If they mine fast they might dump lower than IPO price. If they mine slowly they'll be selling higher.
it's a business evaluation; nothing about market cap at all. total valuation looks at to see if the IPO asking price is fair, we are not talking about future market cap. we look at the 10,000 BTC at 100% to see if this is a fair asking price.
IT IS NOT A 6 million market cap right off the batt
in a business evaluation your right, but the fact is this on launch the valuation of the coin is $944k. if you want to value the coin at 10k btc based on business that would be after 20years when all coins exist. i understand your saying 15% of all coins then multiply etc, but the fact still remains, valuation of the coin will be $944k on launch. if you think the valuation of the coin is lower then thats you. we have 7 btc being mined a day hardly anything. as for people selling unless they buying in now to sell at loss then thats them. don't forget dev is releasing everything on ann on launch, it is not all promises so if you still think even with what we will have the coin is not worth 10k btc then can't say more.
when i invest in the coin im looking at the current market cap.