The revenue shares now value mcxnow to 60000 BTC, bubbles are fun!
60k btc is alot of money, how many shares are there again100k shares would make company market cap of 48k btc or $6.67m
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How are you trying to find the current market value of these shares. I have a feeling they are absurdly over priced.
Alot of shares are over valued nearterm. The estimate of growth is what makes them appear expensive. So I dont know if thats justified.Lets say this is the annual turnover
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So from my calculations it will take 2.5million BTC in trade value to return 0.1 btc.
2.5 million x 0.004 in trade fees = 10000 btc x 0.00001 per share = 0.1 btc.
2.5 million x 0.004 in trade fees = 10000 btc x 0.00001 per share = 0.1 btc.
Thats 6849 BTC processed a day or equal trade in other coins. It would value the company about 4.8 PE which is quite reasonable so can they realise that amount of trade.
Also there is the issue of costs, all shares are equal but it would be unusual for an owner of the majority to just cover out of pocket
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mcxNOW has begun redistributing 25% of all profits directly to its users
So this is a cost. Its then 7500 BTC between owners and its still ignoring other company costs. So thats 6.4 PE projected and if the above figure was right its about double that now 13 PE isnt a bubble quite yetCode:
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