If Premine were valued equal to Bitcoin:
500,000 VS 21,000,000 coins
1 Premine = 42 BTC
10 Premine = 420 BTC
50 Premine = 2100 BTC
100 Premine = 4200 BTC
1000 Premine = 42000 BTC
If 1 BTC = $927
1 Premine = $38,934
5 Premine = $194,670
10 Premine = $389,340
100 Premine = $3,893,400
1000 Premine = $38,934,000
Percentage of total coins
50 = 0.01%
500 = 0.1%
5000 = 1%
50000 = 10%
500000 = 100%
In an alternate reality where everyone was using Premine as well as BTC. I wanted to use a relative example to show how a coin with a low total number could potentially be valued. This is purely theoretical. Numbers based on Premine being 500,000, but it's actually a bit less than that. Closer to 499,000. Not an example to in any way hype up the coin. Just as a relative example. If Premine had the exact market cap of BTC, then 1 Premine is, for all intents as purposes, equal to 42 BTC.
1 BTC would then be equal to 0.047 PMC. Or there abouts.
This a theory, ok, but a BTC market cap is unthinkable(for now).
If we look at market cap of coins more comparable I think that RPC or eTok would be right.
In this moment RPC have a market cap of $ 173,715 with 20,327 RPC out and a value of $8.55. When all the 2,100,000 coins out, with current price, hypothetical market cap would be about 19 million USD.
This hypotetical market cap isn't far from reality if we think that a comparable market cap now is the same for coins like quark,protoshares...
On the other hand eTok have a smaller market cap with $ 103,597 with 240,034 ETOK(but for me are less) out and a value of about $0.40. When all 800,000 coins out, hyp. market cap of 320,000 USD that is pretty low instead of a limited amount of coins.
RPC and eTok are on two different side but if PMC would be beetween them, then we think that a value of $3-$4 isn't too difficult to reach(market cap beetween 1,5-2 millions USD)
But we don't have any term of comparison with these because PMC are already all out and for me a pool would be nice. Many coins' value depends on the difficulty to mine and not only on the scarcity.
Set up a pool could be a great way to understand how much is difficult to mine this coin and the value is going to skyrocket.
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