Bitcoin Forum
November 04, 2024, 12:59:20 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [MCN] MonetaVerde CryptoNote based Merged mining CPU only on: July 29, 2014, 05:29:55 AM
Hi, I have a question about Moneta Verde. Next to 'Total Supply' is listed 'Infinite.

I am not a miner, maybe that is a good thing for miners. But as a small investor it concerns me a little. Of course no one would buy a coin whose actual supply is infinite, so I think rather the supply "undefined" or "variable with market conditions".

Moneta Verde is a nice altcoin in my opinion. Above all it seems to have been developed ethically and with some thought. But before I invest too much (lol, market capitalization is near zero right now) it would be nice to have a realistic maximum number of coins that could exist.

Currently there are approximately 1.5 million MCN in circulation. Can a person say with reasonable certainty that in one year there will be < 1 billion? Or perhaps < 100 million?

I understand that supply varies with demand, and consider that one of the coin's strongest points, but a realistic ceiling on supply, even an educated estimate, would be helpful.

Thanks.

There will probably be 40 to 50 million mcn by 2015 years end. If cn coins become popular perhaps 200 million or more.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!