The minimum price of Monaco should be (9,814,825 x 243,212,991=) $24.78.
Monaco is way under valued. The floor for Monaco should be $24.78 minimum.
The Visa Deal Doesn't matter. What does Dodge Coin offer besides its name.
Dodge Coin's market cap is $243,212,991, yet Dodge Coin has a circulating supply of
(110,922,445,572 Dodge coins.) A $243,212,991 market cap puts Monaco at $24.78.
People who say other wise, just want cheap coins ! Buy hold repeat !
Don't forget that total supply is 30M
As put in the whitepaper, 10M may never be released, but the other 10M (team, investors etc...) will be released soon.
Hence, redo your maths with 20M supply...
i don't understand your calculation...
it's only based on dodgecoin marketcap?
how is that close to a scientific approach?
Dodge was there since 2013 it made it's own way to become a tip token, his history and marketcap come from a period from where lot's of thing as evolved you should not based your calculation on it...
Isn't the remaining total supply distributed to the Monaco team. I really doubt they would dilute the float.
In common stock (I'm pretty sure) it's illegal to issues shares and then dilute the float. My understanding from business law is it's illegal to dilute the shares of stock after payment for services rendered, so I would imagine it's illegal to host an ICO And then dilute the coins after issuing them; Also if the team was going to act out such a scam wouldn't they buy back a lot the coin first to artificially inflate the price first.
Bieng that Monaco's team is educated, I feel they wouldn't issue shares and then dilute them.
My guess is they will not touch them until Monaco reaches a 1 to 4 billion dollar market cap like Monero or Litecoin and when they do, you will not even notice.
Basically, the Monaco team will never sell a percentage high enough to effect the price in such a negative way; However, I feel the Monaco team should release a statement regarding how they intend to use them, so people don't take advantage of other's by scaring away potential investors, perhaps I will email them.
My personal opinion (not legal advice) is that there are people trying to scare potential investors because they
daytrade the coin. I don't feel it's legal to dilute at any time the coin and the Monaco team are educated business leaders. They will probally follow securities law since Cryptos are similar. It's just smarter to sell a the coins in a away that it doesn't effect the Market cap more then a few percantage points in a given, day, week, month or years.
Disclaimer: This is not advice just my personal opinion. Plus I use stop losses.
Stupid seb, Sorry I don't have the whole day to sit here explaining every scenario, but Dodge Coin was based on a grass roots marketing approach. Monaco will be based on marketing as well, and Monanco has the potential to reach a majority of Bitcoin and Eutherum users, unlike its competitors.
Ok will take a look when I get a chance Seb Thx.