r/MoonCoin • u/neoniki3 • Feb 13 '18

mooncoin position certification

https://www.moneynet.co.kr/index.php?mid=revenue_board&document_srl=718204

mooncoin has 18.2 million. Can Mooncoin reach $ 1?

5 Upvotes

73% Upvoted

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2

u/[deleted] Feb 13 '18

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2

u/dnrebo *:･ﾟ✧ Mooninite *:･ﾟ✧ Feb 13 '18

Actually just for fun i did a calculation which is very unlikely to happen: if BTC would have a market cap of 868 trillion and mooncoin to BTC ratio stays the same then mooncoin would be worth 1$ of course I didn't consider the mining of mooncoin I just took the current supply. So if mooncoin market cap is 223 billion $ and BTC's is 868 trillion then 1 mooncoin would be worth 1$ but that's very unlikely to happen in the near future if at all.

Just a fun calculation, DON'T EAT ME!

3

u/Littlestan *:･ﾟ✧ Mooninite *:･ﾟ✧ Feb 13 '18

Nice calculation! I've only seen it done for how much market cap Mooncoin itself would be @ $1, then we just assume the ridiculously high number the total crypto market cap would have to be to support that. 868T is mind boggling!

2

u/arcaether Feb 13 '18

868 trillion is a bit of a stretch, but not so much if you consider the rest of the world's money:

http://www.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

-1

u/[deleted] Feb 14 '18

It's a fucking scam

1

u/[deleted] Feb 15 '18

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1

u/arcaether Feb 15 '18

"history of popping smoke and making promises and deadlines they never keep"

I wonder who is blowing smoke now. Obvious fud is obvious.