As I read in the white paper there are 21.000.000.000 Electroneum coins in total (not all mined yet but at the end, there will be that many coins). That is x1000 of the max. number of Bitcoins (21.000.000).
Leaving the bonus out (currently 40% but it will not be available anymore in some time) the price of 100 coins is $1 during the ICO. So $0.01 per coin.
Ok, let's do the easy maths:
21.000.000.000 coins in total x $0.01 is a total market cap of $210.000.000 for all coins (incl. the not yet mined ones and leaving out the bonus).
The current market cap of Bitcoin is $65.000.000.000. So if you want Electroneum to x1000, the new market cap of all coins ($210.000.000.000) would be much higher than the one for Bitcoins. This is not very probable. Even x10 is very ambitious but let's see what the future brings.
Topic: Electroneum (Read 337 times)
The supply will be mined over the years. A lot of years. If ICO ended tomorrow there would be only 402m supply. Not even a billion. I don't think high supply will be that much of a problem at the beginning etc.
the supply is too big... where is the revenue of mining a coin that will not skyroket (x10, x 100, x1000)?
Even if you can mine playing games, the supply and Market cap are so big that it can not skyroket in my opinion
My opinion
Even if you can mine playing games, the supply and Market cap are so big that it can not skyroket in my opinion
My opinion
Jump to: