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BTS Market Cap - $63M

Started by bytemaster, October 22, 2014, 03:32:14 PM

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cgafeng

I won't call it success, it hurts many people this time, although i support merge.
BTC:1EYwcZ9cYVj6C9LMLafdcjK9wicVMDV376

bytemaster

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
For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

bluebit

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 TipMe: bluebit

bytemaster

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.

For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.