rapidfire187
Sr. Member
 Offline
Activity: 252
Merit: 250
!!!INCAKOIN!!!
|
 |
December 07, 2013, 12:38:24 AM |
|
To reach $1? With the supply of 88,226,595,341 IFC, you would need a market cap of over 88 Billion, have fun trying to achieve that.
With a Global Economy roughly at 470 Trillion I see IFC reaching 1USD a piece very feasible. Especially when you have a cryptocurrency which is a verifiable fund. |
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
kashish948 (OP)
Legendary
Offline
Activity: 1596
Merit: 1000
|
|
December 07, 2013, 02:22:51 AM |
|
To reach $1? With the supply of 88,226,595,341 IFC, you would need a market cap of over 88 Billion, have fun trying to achieve that.
With a Global Economy roughly at 470 Trillion I see IFC reaching 1USD a piece very feasible. Especially when you have a cryptocurrency which is a verifiable fund. thank you! i dont know why people are so obsessed with "MARKET CAP". did the current btc cap seem possible to these guys just a year ago? |
|
|
|
|
dadon
Legendary
Offline
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
|
|
December 10, 2013, 06:00:29 AM |
|
cryptos are going to go off and ifc will be one of them, just keep working hard, and improve website for god's sake
|
|
|
|
|
sidhujag
Legendary
Offline
Activity: 2044
Merit: 1005
|
|
December 10, 2013, 06:02:54 AM |
|
U will have better luck with devcoin reaching $10 like the devcoin girl said months ago.
|
|
|
|
|
|
roozifus
|
|
December 10, 2013, 06:56:17 AM |
|
To reach $1? With the supply of 88,226,595,341 IFC, you would need a market cap of over 88 Billion, have fun trying to achieve that.
With a Global Economy roughly at 470 Trillion I see IFC reaching 1USD a piece very feasible. Especially when you have a cryptocurrency which is a verifiable fund. thank you! i dont know why people are so obsessed with "MARKET CAP". did the current btc cap seem possible to these guys just a year ago? People are obsessed with market cap because it's actually a useful metric as opposed to the price of an unit. For example suppose I have a crypto with 100,000,000,000,000,000,000,000 coins, by the logic in the this thread if it's almost as good as bitcoin it could reach a price of 1c per coin?? NO!!, that's ridiculous, that would mean that all the coins together would be worth $1,000,000,000,000,000,000,000! I mean it is technically possible for IFC to reach $1 per coin, but for that to happen tens of trillions of dollars would have to be pumped into crypto currencies and every other coin would be about $10 - $10000 each, because just about every other crypto has less coins than IFC so each coin is worth more. This is why everybody uses market cap for comparisons. |
|
|
|
|
kashish948 (OP)
Legendary
Offline
Activity: 1596
Merit: 1000
|
|
December 17, 2013, 12:35:33 AM |
|
To reach $1? With the supply of 88,226,595,341 IFC, you would need a market cap of over 88 Billion, have fun trying to achieve that.
With a Global Economy roughly at 470 Trillion I see IFC reaching 1USD a piece very feasible. Especially when you have a cryptocurrency which is a verifiable fund. thank you! i dont know why people are so obsessed with "MARKET CAP". did the current btc cap seem possible to these guys just a year ago? People are obsessed with market cap because it's actually a useful metric as opposed to the price of an unit. For example suppose I have a crypto with 100,000,000,000,000,000,000,000 coins, by the logic in the this thread if it's almost as good as bitcoin it could reach a price of 1c per coin?? NO!!, that's ridiculous, that would mean that all the coins together would be worth $1,000,000,000,000,000,000,000! I mean it is technically possible for IFC to reach $1 per coin, but for that to happen tens of trillions of dollars would have to be pumped into crypto currencies and every other coin would be about $10 - $10000 each, because just about every other crypto has less coins than IFC so each coin is worth more. This is why everybody uses market cap for comparisons. Current price of IFC: 0.00004194; to reach 1$ it has to multiply 23,843.58607534573 times. BTC was about 0.01$ and now it reached about 1200$; MULTIPLED 120,000 times! So quite clearly you don't need trillions of dollars to be pumped in! And to reach 1$, IFC has to rise 5 times less than what BTC had to, to reach 1200$ |
|
|
|
|
therik
Newbie
Offline
Activity: 24
Merit: 0
|
|
December 26, 2013, 11:30:04 PM |
|
Glad that i bought IFC: from what i can see it's one of the only coins that have a very stable growth with nice peacks as today + 45%.
Nice one IFC.
|
|
|
|
|
|
itf991
|
|
December 26, 2013, 11:39:34 PM |
|
Not sure if you're trolling or just stupid. You can buy stuff in real world with Bitcoin, it has huge publicity, even my neighbors keep asking about it. What does IFC have to offer to be worth 8x more than BTC?
A more natural number scaling for human psychology. That is very important. For example a lot of germans stil "think" in D-Mark than in "Euro", especially the older people 30+.... Exactly!!! just imagine paying 0.04984564 btc for a tablet or like 200 IFC! +1 In the near future bitcoin wont be used for daily trade. I believe due its value going to be just like diamond. As been mentioned above ppl don't like silly numbers therefore we gonna need IFC to be there.  |
|
|
|
|
|
tabnk
|
|
December 26, 2013, 11:58:37 PM |
|
|
|
|
|
|
therik
Newbie
Offline
Activity: 24
Merit: 0
|
|
December 27, 2013, 12:03:12 AM |
|
While IFC has good possibilities to become a very usable crypto, BTC indeed is looking always more, and it's mostly that atm, as an investment asset.
|
|
|
|
|
NUFCrichard
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
December 27, 2013, 12:07:39 AM |
|
Current market cap is 6.5 mil from a total crypto market of about 10 billion. 0,065%.
If it is to be 888billion the total crypto would be 1366trillion. Obviously it could rise but a a percentage of crypto, it seems very unlikely $1 will be reached.
Market cap is all that matters, the per coin price is irrelevant. Look at penny stocks that dilute there shares time and time again.
|
|
|
|
|
hilariousandco
Global Moderator
Legendary
Offline
Activity: 3794
Merit: 2616
Join the world-leading crypto sportsbook NOW!
|
|
December 27, 2013, 06:56:51 PM |
|
Current market cap is 6.5 mil from a total crypto market of about 10 billion. 0,065%.
If it is to be 888billion the total crypto would be 1366trillion. Obviously it could rise but a a percentage of crypto, it seems very unlikely $1 will be reached.
Market cap is all that matters, the per coin price is irrelevant. Look at penny stocks that dilute there shares time and time again.
Dogecoin has become the new Infinitecoin. Seen a few people saying if only dogecoin can become worth a dollar etc... |
|
|
|
play93
Newbie
Offline
Activity: 45
Merit: 0
|
|
January 04, 2014, 10:33:38 PM |
|
Current market cap is 6.5 mil from a total crypto market of about 10 billion. 0,065%.
If it is to be 888billion the total crypto would be 1366trillion. Obviously it could rise but a a percentage of crypto, it seems very unlikely $1 will be reached.
Market cap is all that matters, the per coin price is irrelevant. Look at penny stocks that dilute there shares time and time again.
Dogecoin has become the new Infinitecoin. Seen a few people saying if only dogecoin can become worth a dollar etc... LOL. Dogecoin and Infinitecoin will both NEVER hit $1. If i would choose one of the cheaper coins to hit $1, I would guess Earthcoin. But good luck on getting there. |
|
|
|
|
|
ltcifc
|
|
February 13, 2014, 11:25:47 AM |
|
Infinitecoin is going strong. Its steady growing every day.
|
|
|
|
|
Mordillo
Member
Offline
Activity: 70
Merit: 10
|
|
February 13, 2014, 11:56:51 AM |
|
Current market cap is 6.5 mil from a total crypto market of about 10 billion. 0,065%.
If it is to be 888billion the total crypto would be 1366trillion. Obviously it could rise but a a percentage of crypto, it seems very unlikely $1 will be reached.
Market cap is all that matters, the per coin price is irrelevant. Look at penny stocks that dilute there shares time and time again.
You posted that approx. 1 month ago. New situation: Current market cap for IFC is $10,086,993 and the total crypto market cap is $8,824,261,901 Amazing, huh? IFC gains power but most people don't even see it. That's good for those who buy without making a hype. |
|
|
|
|
|
Hampuz
|
|
February 13, 2014, 12:00:00 PM |
|
Current market cap is 6.5 mil from a total crypto market of about 10 billion. 0,065%.
If it is to be 888billion the total crypto would be 1366trillion. Obviously it could rise but a a percentage of crypto, it seems very unlikely $1 will be reached.
Market cap is all that matters, the per coin price is irrelevant. Look at penny stocks that dilute there shares time and time again.
You posted that approx. 1 month ago. New situation: Current market cap for IFC is $10,086,993 and the total crypto market cap is $8,824,261,901 Amazing, huh? IFC gains power but most people don't even see it. That's good for those who buy without making a hype. It's funny cus its true  |
|
|
|
|
|
