Topic: The ALT currency FTC CNC, collaspsing BTC? - page 2. (Read 3779 times)
most of the alt coins will be worth 0 in the future so yes you can make a lott of money "gambling" picking which one will go up and which one will go down
This has been a long predicted thing, although I don't think it is that dramatic.
I think that the effective market cap of alt-chains tends to follow a geometric series just like the block reward does. For the sake of the argument say that LTC is capped at 50% of BTC, NMC at 25% and *whatever else coin*, be it FTC 12.5%. So in the end the total increase of inflation wouldn't increase past 100%
That may of course not be the case with crypto-currencies which aren't *coins*, like XRP, or some yet-to-invented concept which might offer a significant advantage over bitcoin and isn't based on a fork of the Bitcoin software.
I think that the effective market cap of alt-chains tends to follow a geometric series just like the block reward does. For the sake of the argument say that LTC is capped at 50% of BTC, NMC at 25% and *whatever else coin*, be it FTC 12.5%. So in the end the total increase of inflation wouldn't increase past 100%
That may of course not be the case with crypto-currencies which aren't *coins*, like XRP, or some yet-to-invented concept which might offer a significant advantage over bitcoin and isn't based on a fork of the Bitcoin software.
It appears that BTC may be inflated this way
fixed.
There is little to no use except for speculating for the Alt Coins atm, but I guess they sip a bit of Bitcoin's value.
more than a bit!!!!
It appears that BTC may be inflated this way
fixed.
There is little to no use except for speculating for the Alt Coins atm, but I guess they sip a bit of Bitcoin's value.
4 Mill BTC made in 2 weeks....?
In the last week for so we have seen FTC and if the last two days CNC
FTC has achieved 0.005 BTC already and CNC looks to do at least this, and between them there are circa 800,000,000
Accordingly we can work out the dilutes BTC, in very broad brush strokes
360000000 0.005 1800000 1.8 million BTC
462000000 0.005 2310000 2.31 million BTC
822000000 0.01 4110000 4.11 BTC
100
21 25.11
0.836320191 83.63201912 <----21M/25.11 M
Thus effectively dropping BTC value by 17% !!!, which is quite close to the drop in the last 2 days
and because of the vast number of coins each 0.001 rise has a massive effect.
It appears that BTC may be diluted (inflated this way) this way
In the last week for so we have seen FTC and if the last two days CNC
FTC has achieved 0.005 BTC already and CNC looks to do at least this, and between them there are circa 800,000,000
Accordingly we can work out the dilutes BTC, in very broad brush strokes
360000000 0.005 1800000 1.8 million BTC
462000000 0.005 2310000 2.31 million BTC
822000000 0.01 4110000 4.11 BTC
100
21 25.11
0.836320191 83.63201912 <----21M/25.11 M
Thus effectively dropping BTC value by 17% !!!, which is quite close to the drop in the last 2 days
and because of the vast number of coins each 0.001 rise has a massive effect.
It appears that BTC may be diluted (inflated this way) this way
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