 Show Posts
|
|
Pages: [1]
|
Obviously someone was willing to pay 0.1 ETH per PPT token, see (in the middle):  Price should stay at that level. ;-) |
|
|
|
Something's going on...  |
|
|
|
What was the ICO price? (in ETH)
0.0011 PPT/ETH plus 2% - 20% bonuses. |
|
|
|
Hey guys, Hitbtc exchange its trading SNC ico, you can buy SNC at low price   It's trading at x2 of the ICO price, which is great! Can someone please explain me why someone would want to buy SNC for more than twice the price on an exchange while the ICO is still running and he could buy it from the ICO as well, cheaper?  |
|
|
|
Either way, the most truthful and most positive way is to base the market cap on 100 million total supply, NOT on the tiny circulating supply. Don't make the foolish mistake of trying to impress the wrong audience.
As with all the other coins at coinmarketcap.com, the market cap is always calculated with the circulating supply, not the total (or in some instances pre-mined) supply. Citing from the FAQ:' What is "Market Capitalization" and how is it calculated?Market Capitalization is one way to rank the relative size of a cryptocurrency. It's calculated by multiplying the Price by the Circulating Supply. Market Cap = Price X Circulating Supply. What is the difference between "Circulating Supply", "Total Supply", and "Max Supply"?Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public's hands. Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned). Max Supply the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. Why is the Circulating Supply used in determining the market capitalization instead of Total Supply?We've found that Circulating Supply is a much better metric for determining the market capitalization. Coins that are locked, reserved, or not able to be sold on the public market are coins that can't affect the price and thus should not be allowed to affect the market capitalization as well. The method of using the Circulating Supply is analogous to the method of using public float for determining the market capitalization of companies in traditional investing.' Source: http://coinmarketcap.com/faq/ |
|
|
|
Price: $ 55.60 Total Supply: 100,000,000.00 VERI Market Cap: $ 5,560,000,000.00 Sounds like a legit Air Castle Correction: Price: $ 45.94 Circulating Supply: 1,953,438.05539709 VERI Market Cap = Price * circulating supply = $ 89.7 mio As I estimated before, VERI is already in the top 40 coins by market cap. |
|
|
|
Outstanding tokens are: 1,953,438.05539709 there are not two hundred million in circulation, nor are there 100 million circulating.
It's still unclear where this number is coming from or where it's being published. |
|
|
|
VERI now listed on coinmarketcap.com at $59.10
As I said, they can't seem to find the number of circulating supply (I couldn't find it as well) which is required to calculate the market cap and insert Veritaseum into the list of coins, sorted by market cap. It's strange that this number of circulating supply is basically unknown or not reported anywhere. |
|
|
|
Thank you. I have used the "Request Form" at the bottom of CoinMarketCap to send through a request.
The in and out numbers for the contract are transfers, the circulating supply is 1,948,938.05539709. Also my sig will track the median price on etherdelta, with lower and upper hinges. Since etherdelta is an distributed exchange, you can take any offer you want. Someone is putting outrageous high and low orders. Where did you get that number from? |
|
|
|
The only thing that's missing in the listing of Veritaseum on coinmarketcap.com is the number of circulating supply: http://coinmarketcap.com/assets/veritaseum/Without this number, the market cap cannot be calculated. According to this site, there are 2,558,654 VERI total in and out: https://ethplorer.io/address/0x8f3470a7388c05ee4e7af3d01d8c722b0ff52374#pageSize=100&tab=tab-holdersIf this number represents the actual circulating supply (in contrast to the total supply of 100,000,000 VERI), then the market cap would be ca. $ 128 million at current price levels (ca. $ 50 USD). This would catapult VERI immediately into the top 40 coins at coinmarketcap.com. Can anyone tell coinmarketcap the actual number of circulating supply of VERI so that they can correctly calculate the market cap and list it in the top40 range? This would also raise awareness of Veritaseum as the top 100 frontpage list is frequently visited by lots of people that may not have heard of Veritaseum yet. |
|
|
|
Here's another reference to Veritaseum which, in Clif High's opinion, has the potential to become the next big thing after bitcoin, even though it's started later than bitcoin. It is being compared to Google vs. Yahoo: Even though Yahoo came first in the advent of the internet (as with bitcoin in cryptospace), you were able to make fortunes if you invested early in Google (as with Veritaseum), which was founded some years later. Here's the clip (minute 20:26 - 22:44): https://youtu.be/qezrH2c5N3c?t=1226 |
|
|
|
If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.
In the ICO, the price actually was around $7 dollars or lower ($5.5 or lower depending on the timing and recent ETH price). Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.
If in one or two years ETH goes to $1000 or above and stratis fails, then 10k invested in ETH at $100 would have been the better choice. |
|
|
|
what do you mean by easy? Paying 6 or 7 sats lol
I mean the easy workflow of that exchange. Well, the price is what it is today, but it was cheaper some days ago there. |
|
|
|
Hi everyone, in this video at minute 8:00, Clif High gives a great explanation and the vast potential of Veritaseum, and he seems quite excited about it: https://youtu.be/R8snogdLWSI?t=481 |
|
|
|
|
