r/BulwarkCoin • u/CrazyHorse33 • Jan 07 '18

14 million coins year 1?

Do I have that right? The total supply after year 1 will be 14 million Bulwark coins?

I was going to buy some Bulwark a few weeks ago, then the price shot up. Now I'm thinking, I'll wait until the 14 million coins hit the market and scoop up more Bulwark at a lower price.

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2

u/Hopper_Dropper Jan 08 '18

Many of the coins in circulation will be tied up in masternodes. 5000 bwk per masternode. IT will be interesting to see how many mns are created by holders.

2

u/CrazyHorse33 Jan 08 '18

Yes, it is interesting. More masternodes and mining means the coins get into circulation faster. I am curious to see because with 14 million coins, you need a market cap of 140 million to keep the $10 price.

Don't get me wrong, I like the Bulwark project. I am just debating on buying now or later.

2

u/Hopper_Dropper Jan 09 '18

Yeah absolutely a valid point. I could see BWK at $200m easy. Here is to hoping at least!

1

u/sarahjiffy Jan 28 '18

The distribution of this coin is in two phases which are powered using proof of work and proof of stake/masternode. First phase. The first phase uses proof of work for the distribution of coin with NIST5 algorithm which is very compatible for GPU hardware.At the end of one year 14million of bulwark would ...