BitShares Forum

Main => General Discussion => Topic started by: bytemaster on October 22, 2014, 03:32:14 pm

Title: BTS Market Cap - $63M
Post by: bytemaster on October 22, 2014, 03:32:14 pm

Now that an announcement has been made we can estimate BTS market cap as  $51M / 0.8 = $63M once the new shares are added to the supply coin market cap uses.

Title: Re: BTS Market Cap - $63M
Post by: bluebit on October 22, 2014, 03:33:52 pm

Quote from: bytemaster on October 22, 2014, 03:32:14 pm

Now that an announcement has been made we can estimate BTS market cap as  $51M / 0.8 = $63M once the new shares are added to the supply coin market cap uses.

what does 0.8 stand for?

Title: Re: BTS Market Cap - $63M
Post by: bytemaster on October 22, 2014, 03:34:19 pm

Quote from: bluebit on October 22, 2014, 03:33:52 pm

Quote from: bytemaster on October 22, 2014, 03:32:14 pm

Now that an announcement has been made we can estimate BTS market cap as  $51M / 0.8 = $63M once the new shares are added to the supply coin market cap uses.

what does 0.8 stand for?

BTSX is 80% of BTS

Title: Re: BTS Market Cap - $63M
Post by: cgafeng on October 22, 2014, 03:47:57 pm

I won't call it success, it hurts many people this time, although i support merge.