- Joined
- Oct 16, 2013
- Messages
- 485
Rep Bank
$605
$605
User Power: 37%
Can anyone comment on this formula to get a gauge on a coins value? I know it's not precise, but it was way over on one's current value, way under on another, and somewhat close to Mint. (Total BTC Supply ÷ Total Altcoin Supply) ÷ 5000to10000
All this formula does is standardize the price of the altcoin taking into account differing supply caps, and then it says, let the value of the coin's total market cap be 1/5000 to 1/10000 that of BTC's. So taking BTC's current market cap and a value of 7500 as the denominator, that means that it is calculating a coin value based on a $1M market cap.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today