This example i have used during the slow times in XJO world. Please view it on desktop (non mobile) site, as page formatting can come out of the order.
Now in this example i am using the case scenario IF JouleCoin stays at 40 satoshi and has no movement, But the BITCOIN price keeps going up, how will that effect the Joules Market Cap.
Now 2000 is in bold because that was the aprox price of bitcoin when i was writing the post. Hard to imagine that we are at 7500+/- headed to 10 000+ mark.
And the 10,000 xjo, 50 000 xjo......is simply to show you how much the value was if someone had 10k or 50k in Joules .....
So it reads the BOLD LINE
At 2000 usd a bitcoin and xjo price at 40sat, price of 1 XJO would be 0.0008 usd. Market Cap of the coin would be 25K. If a person has 10k XJO then the value of that holdings would be 8 usd. if person has 50k xjo then it would be worth at 40usd.......
Hope this makes more sense
Yes it does. Thank you for the detailed description.
It looks like XJO is ripe for accumulation.