Bitcoin Forum

Other => Beginners & Help => Topic started by: canicrypto on January 31, 2018, 04:16:37 PM



Title: Circulating supply
Post by: canicrypto on January 31, 2018, 04:16:37 PM
Hello Bitcoin community i have a wery noob question i would like to know whats the proper math for calculating circulating supply if i am interested in an ICO and i know that they sold Y on the presale and they have a X as hardcap and their token price is A   
Thank you !  ???


Title: Re: Circulating supply
Post by: ikilledcobain on January 31, 2018, 05:20:58 PM
I'm not sure if you can calculate circulating supply just based on the ICO numbers, the total supply, and price. If they're on coinmarketcap they'll have the numbers - although they're not always up to date. You'd probably have to rely on information from the token creators themselves.


Title: Re: Circulating supply
Post by: canicrypto on January 31, 2018, 05:26:41 PM
Thank you for answer i know what you mean or i guess we cant get exact numbers but when i ask they dont allways answer on their telegram chanel, and i guess there is a way to find it out from what you know numbers since others predict too i just dont know whats the math ..


Title: Re: Circulating supply
Post by: mrsamuelmills83 on January 31, 2018, 07:01:55 PM
Hello Bitcoin community i have a wery noob question i would like to know whats the proper math for calculating circulating supply if i am interested in an ICO and i know that they sold Y on the presale and they have a X as hardcap and their token price is A   
Thank you !  ???
As "ikilledcobain" said, you cannot calculate the circulating supply from the ICO's and that's because unsold tokens usually gets burned or sent to an asset contract or similar, and they often offer a lot in bounty, and also someone earns tokens for doing promotions. So it's not easy to calculate.