You are viewing a single comment's thread from:

RE: I expect a second wave of Altcoin sell-offs before Monday

in #bitcoin7 years ago

The only reason you havent seen upward movement in bytecoin's price is because in their infinite wisdom they made 184.5B coins. So, even though its market cap is in the top 35 of cryptos at $510 million its price is in the toilet because you have 184B coins. Meaning for the price to see $1 it needs a market cap of 184B...Bitcoin right now is at $250B...but Bytecoin doesn't have a big downside either its for those who want a safe low growth crypto...kinda like collecting interest in a bank