Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: No_2 on May 07, 2013, 10:36:30 AM



Title: Total Altcoins Mined & Reading Dustcoin Alt Coin Info.
Post by: No_2 on May 07, 2013, 10:36:30 AM
Two Questions:

    1. With reference to this table of statistics for altcoins:

    http://dustcoin.com/mining

    Today it states the Marekt Cap. BTC for Namecoin is '48059'.

    How is this figure derived?

    2. Is there a resource that lists all the altcoins in existence as cryptocoinexplorer.com (http://cryptocoinexplorer.com) does not seem to list them all.


Title: Re: Total Altcoins Mined & Reading Dustcoin Alt Coin Info.
Post by: Fallout on May 07, 2013, 10:48:00 AM
to 1:

There are 109520 Blocks of NMC mined
Each Block gives 50 NMC ... so there are : 5476000 NMC
Each NMC is worth .00869325 BTC
So all NMC are worth .00869325 * 547600 = 47604,237 BTC = Market Cap.


Title: Re: Total Altcoins Mined & Reading Dustcoin Alt Coin Info.
Post by: FuzzyBear on May 07, 2013, 11:29:16 AM
to 1:

There are 109520 Blocks of NMC mined
Each Block gives 50 NMC ... so there are : 5476000 NMC
Each NMC is worth .00869325 BTC
So all NMC are worth .00869325 * 547600 = 47604,237 BTC = Market Cap.

hasn't taken into account the destroyed coins when a .bit domain is registered, but these are minor number differences


Title: Re: Total Altcoins Mined & Reading Dustcoin Alt Coin Info.
Post by: Fallout on May 07, 2013, 11:32:38 AM
I think the question was more aimed on how the value of market cap. is derived in general. NMC is a bit special, because the main use is not as a currency ;)


Title: Re: Total Altcoins Mined & Reading Dustcoin Alt Coin Info.
Post by: No_2 on May 08, 2013, 01:57:21 PM
I think the question was more aimed on how the value of market cap. is derived in general. NMC is a bit special, because the main use is not as a currency ;)

Yes: that was my other question of my two I'm really not clear on where that figure of 'Market Cap BTC' comes from.

Thanks for the other answers guys!