BitShares Forum

Other => Graveyard => KeyID => Topic started by: clayop on October 03, 2014, 10:01:25 pm

Title: Market cap prediction based on PTS price change
Post by: clayop on October 03, 2014, 10:01:25 pm

I calculated DNS market cap for fun.

The calculation is,
(Max PTS price between 8/1~21 - PTS price at 8/1) * amount of PTS / proportion of PTS in DNS

That is,
(0.0089 - 0.0065) * 1,700,000 / 0.4 = 10200 BTC (approx.)  -> 204 satoshi per DNS

This did not consider VOTE. But I believe DNS will rise up to my calculation.

Title: Re: Market cap prediction based on PTS price change
Post by: cube on October 04, 2014, 06:47:00 am

Quote from: clayop on October 03, 2014, 10:01:25 pm

I calculated DNS market cap for fun.

The calculation is,
(Max PTS price between 8/1~21 - PTS price at 8/1) * amount of PTS / proportion of PTS in DNS

That is,
(0.0089 - 0.0065) * 1,700,000 / 0.4 = 10200 BTC (approx.)  -> 204 satoshi per DNS

This did not consider VOTE. But I believe DNS will rise up to my calculation.

Interesting.

How do you derive the figures for "amount of PTS / proportion of PTS in DNS"?

Title: Re: Market cap prediction based on PTS price change
Post by: clayop on October 04, 2014, 05:29:56 pm

Quote from: cube on October 04, 2014, 06:47:00 am

Interesting.

How do you derive the figures for "amount of PTS / proportion of PTS in DNS"?

Based on the DNS allocation, 40% for PTS

https://bitsharestalk.org/index.php?topic=6753.0

Now the price is around 200-300 satoshi. Go to 3000!

Title: Re: Market cap prediction based on PTS price change
Post by: cube on October 04, 2014, 09:14:43 pm

Quote from: clayop on October 04, 2014, 05:29:56 pm

Based on the DNS allocation, 40% for PTS

https://bitsharestalk.org/index.php?topic=6753.0

Now the price is around 200-300 satoshi. Go to 3000!

I see.  Thanks for the explanation.

Title: Re: Market cap prediction based on PTS price change
Post by: clayop on October 05, 2014, 12:21:16 am

OMG. The price is twice than as expected. I should have applied "Bitshares Premium" = x2~x10

Let's go to 2000 satoshi.

Title: Re: Market cap prediction based on PTS price change
Post by: Shentist on October 05, 2014, 06:29:41 am

trading on BTER is available

https://bter.com/trade/DNS_BTC

price is 2 time as expected

0.00000395