Want to get Infinitecoin to 1$? | Bitcointalksearch.org

Hampuz

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Quote from: Mordillo on February 13, 2014, 07:56:51 AM

Quote from: NUFCrichard on December 26, 2013, 08:07:39 PM

Current market cap is 6.5 mil from a total crypto market of about 10 billion. 0,065%.
If it is to be 888billion the total crypto would be 1366trillion. Obviously it could rise but a a percentage of crypto, it seems very unlikely $1 will be reached.
Market cap is all that matters, the per coin price is irrelevant. Look at penny stocks that dilute there shares time and time again.

You posted that approx. 1 month ago.

New situation:

Current market cap for IFC is $10,086,993 and the total crypto market cap is $8,824,261,901

Amazing, huh?

IFC gains power but most people don't even see it. That's good for those who buy without making a hype.

It's funny cus its true

Mordillo

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Quote from: NUFCrichard on December 26, 2013, 08:07:39 PM

Current market cap is 6.5 mil from a total crypto market of about 10 billion. 0,065%.
If it is to be 888billion the total crypto would be 1366trillion. Obviously it could rise but a a percentage of crypto, it seems very unlikely $1 will be reached.
Market cap is all that matters, the per coin price is irrelevant. Look at penny stocks that dilute there shares time and time again.

You posted that approx. 1 month ago.

New situation:

Current market cap for IFC is $10,086,993 and the total crypto market cap is $8,824,261,901

Amazing, huh?

IFC gains power but most people don't even see it. That's good for those who buy without making a hype.

ltcifc

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Activity: 344

Merit: 250

Infinitecoin is going strong. Its steady growing every day.

play93

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Quote from: hilariousandco on December 27, 2013, 02:56:51 PM

Quote from: NUFCrichard on December 26, 2013, 08:07:39 PM

Current market cap is 6.5 mil from a total crypto market of about 10 billion. 0,065%.
If it is to be 888billion the total crypto would be 1366trillion. Obviously it could rise but a a percentage of crypto, it seems very unlikely $1 will be reached.
Market cap is all that matters, the per coin price is irrelevant. Look at penny stocks that dilute there shares time and time again.

Dogecoin has become the new Infinitecoin. Seen a few people saying if only dogecoin can become worth a dollar etc...

LOL. Dogecoin and Infinitecoin will both NEVER hit $1.
If i would choose one of the cheaper coins to hit $1, I would guess Earthcoin.
But good luck on getting there.

hilariousandco

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Quote from: NUFCrichard on December 26, 2013, 08:07:39 PM

Current market cap is 6.5 mil from a total crypto market of about 10 billion. 0,065%.
If it is to be 888billion the total crypto would be 1366trillion. Obviously it could rise but a a percentage of crypto, it seems very unlikely $1 will be reached.
Market cap is all that matters, the per coin price is irrelevant. Look at penny stocks that dilute there shares time and time again.

Dogecoin has become the new Infinitecoin. Seen a few people saying if only dogecoin can become worth a dollar etc...

NUFCrichard

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Current market cap is 6.5 mil from a total crypto market of about 10 billion. 0,065%.
If it is to be 888billion the total crypto would be 1366trillion. Obviously it could rise but a a percentage of crypto, it seems very unlikely $1 will be reached.
Market cap is all that matters, the per coin price is irrelevant. Look at penny stocks that dilute there shares time and time again.

therik

newbie

Activity: 24

Merit: 0

While IFC has good possibilities to become a very usable crypto, BTC indeed is looking always more, and it's mostly that atm, as an investment asset.

tabnk

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+!

itf991

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Merit: 251

Quote from: kashish948 on December 04, 2013, 01:47:46 AM

Quote from: X68N on December 03, 2013, 11:41:03 PM

Quote from: 0men on December 03, 2013, 08:11:48 PM

Not sure if you're trolling or just stupid. You can buy stuff in real world with Bitcoin, it has huge publicity, even my neighbors keep asking about it. What does IFC have to offer to be worth 8x more than BTC?

A more natural number scaling for human psychology. That is very important. For example a lot of germans stil "think" in D-Mark than in "Euro", especially the older people 30+....

Exactly!!! just imagine paying 0.04984564 btc for a tablet or like 200 IFC!

+1

In the near future bitcoin wont be used for daily trade. I believe due its value going to be just like diamond. As been mentioned above ppl don't like silly numbers therefore we gonna need IFC to be there. Wink

therik

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Glad that i bought IFC: from what i can see it's one of the only coins that have a very stable growth with nice peacks as today + 45%.
Nice one IFC.

kashish948

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Quote from: roozifus on December 10, 2013, 02:56:17 AM

Quote from: kashish948 on December 06, 2013, 10:22:51 PM

Quote from: rapidfire187 on December 06, 2013, 08:38:24 PM

Quote from: Lauda on December 03, 2013, 05:37:50 PM

To reach $1? With the supply of 88,226,595,341 IFC, you would need a market cap of over 88 Billion, have fun trying to achieve that.

With a Global Economy roughly at 470 Trillion I see IFC reaching 1USD a piece very feasible. Especially when you have a cryptocurrency which is a verifiable fund.

thank you! i dont know why people are so obsessed with "MARKET CAP". did the current btc cap seem possible to these guys just a year ago?

People are obsessed with market cap because it's actually a useful metric as opposed to the price of an unit.

For example suppose I have a crypto with 100,000,000,000,000,000,000,000 coins, by the logic in the this thread if it's almost as good as bitcoin it could reach a price of 1c per coin??

NO!!, that's ridiculous, that would mean that all the coins together would be worth $1,000,000,000,000,000,000,000!

I mean it is technically possible for IFC to reach $1 per coin, but for that to happen tens of trillions of dollars would have to be pumped into crypto currencies and every other coin would be about $10 - $10000 each, because just about every other crypto has less coins than IFC so each coin is worth more.

This is why everybody uses market cap for comparisons.

Current price of IFC: 0.00004194; to reach 1$ it has to multiply 23,843.58607534573 times.
BTC was about 0.01$ and now it reached about 1200$; MULTIPLED 120,000 times!

So quite clearly you don't need trillions of dollars to be pumped in!
And to reach 1$, IFC has to rise 5 times less than what BTC had to, to reach 1200$

roozifus

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Quote from: kashish948 on December 06, 2013, 10:22:51 PM

Quote from: rapidfire187 on December 06, 2013, 08:38:24 PM

Quote from: Lauda on December 03, 2013, 05:37:50 PM

To reach $1? With the supply of 88,226,595,341 IFC, you would need a market cap of over 88 Billion, have fun trying to achieve that.

With a Global Economy roughly at 470 Trillion I see IFC reaching 1USD a piece very feasible. Especially when you have a cryptocurrency which is a verifiable fund.

thank you! i dont know why people are so obsessed with "MARKET CAP". did the current btc cap seem possible to these guys just a year ago?

People are obsessed with market cap because it's actually a useful metric as opposed to the price of an unit.

For example suppose I have a crypto with 100,000,000,000,000,000,000,000 coins, by the logic in the this thread if it's almost as good as bitcoin it could reach a price of 1c per coin??

NO!!, that's ridiculous, that would mean that all the coins together would be worth $1,000,000,000,000,000,000,000!

I mean it is technically possible for IFC to reach $1 per coin, but for that to happen tens of trillions of dollars would have to be pumped into crypto currencies and every other coin would be about $10 - $10000 each, because just about every other crypto has less coins than IFC so each coin is worth more.

This is why everybody uses market cap for comparisons.

sidhujag

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U will have better luck with devcoin reaching $10 like the devcoin girl said months ago.

dadon

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Pecvniate obedivnt omnia.

cryptos are going to go off and ifc will be one of them, just keep working hard, and improve website for god's sake

kashish948

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Quote from: rapidfire187 on December 06, 2013, 08:38:24 PM

Quote from: Lauda on December 03, 2013, 05:37:50 PM

To reach $1? With the supply of 88,226,595,341 IFC, you would need a market cap of over 88 Billion, have fun trying to achieve that.

With a Global Economy roughly at 470 Trillion I see IFC reaching 1USD a piece very feasible. Especially when you have a cryptocurrency which is a verifiable fund.

thank you! i dont know why people are so obsessed with "MARKET CAP". did the current btc cap seem possible to these guys just a year ago?

rapidfire187

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!!!INCAKOIN!!!

Quote from: Lauda on December 03, 2013, 05:37:50 PM

To reach $1? With the supply of 88,226,595,341 IFC, you would need a market cap of over 88 Billion, have fun trying to achieve that.

With a Global Economy roughly at 470 Trillion I see IFC reaching 1USD a piece very feasible. Especially when you have a cryptocurrency which is a verifiable fund.

kuverty

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Quote from: DeathAndTaxes on December 06, 2013, 07:43:57 PM

Quote from: kashish948 on December 04, 2013, 01:47:46 AM

Quote from: X68N on December 03, 2013, 11:41:03 PM

Quote from: 0men on December 03, 2013, 08:11:48 PM

Not sure if you're trolling or just stupid. You can buy stuff in real world with Bitcoin, it has huge publicity, even my neighbors keep asking about it. What does IFC have to offer to be worth 8x more than BTC?

A more natural number scaling for human psychology. That is very important. For example a lot of germans stil "think" in D-Mark than in "Euro", especially the older people 30+....

Exactly!!! just imagine paying 0.04984564 btc for a tablet or like 200 IFC!

or 49 mBTC.

This is what I would have said.
Vendors should really start using mBTC! If things were to work like that in reality (Why 8x more valuable? Because 'a more natural number scaling...'), then one bitcoin could easily be worth a 100 k$. Also, that just might be the case also I still kind of think it's unlikely that BTC hits 100k ever

DeathAndTaxes

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Gerald Davis

Quote from: kashish948 on December 04, 2013, 01:47:46 AM

Quote from: X68N on December 03, 2013, 11:41:03 PM

Quote from: 0men on December 03, 2013, 08:11:48 PM

Not sure if you're trolling or just stupid. You can buy stuff in real world with Bitcoin, it has huge publicity, even my neighbors keep asking about it. What does IFC have to offer to be worth 8x more than BTC?

A more natural number scaling for human psychology. That is very important. For example a lot of germans stil "think" in D-Mark than in "Euro", especially the older people 30+....

Exactly!!! just imagine paying 0.04984564 btc for a tablet or like 200 IFC!

or 49 mBTC.

kashish948

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Activity: 1596

Merit: 1000

Quote from: Kergekoin on December 06, 2013, 11:34:14 AM

IFC could do wonders if better pools and better support will come.
Actually support side looks to be improving a lot already.

Reaching 1$ per 1 IFC is like 100 times too optimistic, but 1 cent for 1 IFC can easily happen.
Personally i like that coin a lot.

it would be number 2 in market cap at 0.01$ Cheesy

hilariousandco

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Quote from: Kergekoin on December 06, 2013, 11:34:14 AM

IFC could do wonders if better pools and better support will come.
Actually support side looks to be improving a lot already.

Reaching 1$ per 1 IFC is like 100 times too optimistic, but 1 cent for 1 IFC can easily happen.
Personally i like that coin a lot.

Me too, I've got a few thousand of them Grin

Topic: Want to get Infinitecoin to 1$? (Read 3477 times)