The OP shouldn't say the money supply is 200+ M coins if that supply won't be reached for 180 years. It's unreasonable to have 200+ M in there because it shouldn't factor into anyone's calculations. No one is buying GE stock based on 180 year projections. They certainly shouldn't be using 180 year projections to value altcoins.

I don't keep up with the BTC price, but as you note the "200+" is patently wrong and should be corrected.

I bought BLOCK with SWIFT and it gave me an exchange of 0.000133.

That was close to the trading price at the time, but nowhere close to the recent average. SWIFT dumped like crazy yesterday. Why was the price not an average based on history as promised.

If SWIFT had pumped would it have been more valuable? There really seems to be something wrong here. I've seen others complain but were ignored.

Also, this ignores the 10% discount, which couldn't have been applied.

Damnit, I had to stay up until an ungodly hour to buy BLOCK.

You can't sleep in crypto.

The OP needs updating, because it should be something like 19.23 M coins at launch.

If the BTC price is $400, this makes the market cap $7.7 M at the 1000 BRO/BTC pricing.

The 200 M+ total coins is probably the money supply after several years of staking.

Buy at the bottom. Don't worry about recovery. Turn the graph upside-down if it makes you feel better.

Nope. Too late. 327467 is the last at 6600 and it's been mined already.

Update the OP with the new number!

I don't know if you are trying to fud or what, but the total number of coins haven't changed. The 5.5 M you quote needs to be added to 7 M that would have been mined. The new deal is better.

Nice wallet.

When is the ITO live?

I couldn't seem to find the block reward. Is it posted somewhere?

I'm here to help you guys understand Bob's moves right now.

If you appreciate the insight, send swift here: bKK8vAFmMVHZqVY93u3RBWHrrWYMBGTThU

Be reminded, I don't need to know anything about Bob except his post history and publicly available market information to tell you what is happening.

Bob is not out of swift. He's probably more loaded on swift than any other coin. How do I know? Bob doesn't post on threads where he doesn't have holdings. It's not worth his time. He's rich, remember? And time is money.

Now, what's he doing with swift? Well right now he and his team are purposefully pushing the swift price artificially low. Why would he do that? The reason should be obvious: to buy. But is Bob buying to pump or what? Not necessarily. He's not buying to pump. He might pump with the leftovers. He's buying to get into blocknet:

"For pricing, we'll pick prices of Blocknet tokens at the start time of the ICO based on a recent average (exact algorithm TBD). Then we'll deduct 10%, and put up a sell wall there."

The recent average takes into account more than the few hours that swift has been dumping. He's going to buy cheap swift and convert them to expensive blocknet. When he is unable to buy blocknet with swift, you will see the price rise again to some market-determined level. He may pump from there or not.

With this information in hand, you should be able to time the bottom of this dump. I'll leave figuring that out to you.

Now, let me make another prediction: there will be plenty of suckers to keep dumping coins into his bots until he flips those coins for a lot of profit.

Make this about 2 days instead of 7 and then it starts to make sense. This ICO is already something like a week old.

There was a 2x bonus. That was yesterday's announcement.

If there is an extension of the 6000 BRO/BTC period beyond tomorrow at 7 pm PST, please make an announcement here.

If we make multiple payments to the ICO separated in time, will the Bergstake be split among those payments, or lumped?

It's implicit that they are coming to the crypto community for seed money. It's a high risk, but if you look at their ICO structure, potentially high reward.

I don't know how NXT works. But if the investment proportionality comes in at the block reward, then the way I describe is the way to do it.

Making the chances to sign a block based on the size of the Bergstake share works just as well. The only problem is that small-time-investors will be split into two groups: lottery winners and also-rans.

The ICO effectively extends until all the coins allotted for it have sold. If they don't tier pricing until those coins are gone, then the only investment strategy is wait and see. But with a wait and see market, funds never become available to achieve the development goals. People end up waiting to see for ever and the project never releases.