- Total coins will be around 18,406,979,840 coins
i think this is the problem why the price is so low
Hypothetical: If this were to become the defacto global gambling coin. There are about 7.046Billion people on earth, if there were only 1 out of 10,000 of those 7.046B that wanted to use this coin to gamble with that would only allow each of those people an average of about 26K LOT each, that does not account for Casinos that would need to keep a reserve and people that would hoard the coins and the untold number of coins that get lost with crashed hard drives, etc, etc. Personally I think the total number minted coins over the generation period (did someone calculate this the other day at 5 or 8 years?,) is about right if we are shooting for a global gambling coin.
The coin is only about 5 weeks old, I think the price at this age is actually pretty good. There are just too many people that have a get rich instantly idea in their heads and this is just not going to happen.
The coin is making its way as I would expect.
We the holders of this coin are the ones that have the most to lose if we do not actively promote the coin, you have to work hard to make something successful. Don't just sit there doing nothing and expect someone else to make you money. I have personally mined about 1M Lot with my 500Kh/s card and I have purchased another 11M Lot over the last few weeks because I know that this coin will make it and I have a lot of faith that it will do good. If I had more BTC I would definitely buy more.