calling it, verge 1000sats by this time next week
screenshot me pls
Can it go to $1 or am I being naive?
All the fudders said DGB can never go to $1 and it seems on track.................... so now I don't know what to believe anymore.
What makes Verge any better than the other Anon coins
>>2279428
The logic is that BTC is the gateway into other crypto, just like ETH is the gateway of ETH tokens.
So a coin beating BTC's market cap is very unlikely, as things stand now, and the BTC cap is used as a meter of what a coin can or can't do.
To see how feasible a coin reaching a certain value is, take BTC's market cap, and divide it by 4.
Now look at the coin. How many are there in circulation? Multiply that number by the value you want to test.
If it goes above that BTC/4 value, then it's not very realistic.
>>2279793
I'm not good at maths but lets see
41,362,666,258 /4 = 10340666564.5
0.0004005 * 13,409,472,280 = 5370493.64814
Correct? Any reason for BTC divided by 4? Even still $1 verge is a pipe-dream
>>2279513
It has "black hole technology" I don't think neone knows what that means but VERGE HAS IT! MOON!!
>>2279872
>Any reason for BTC divided by 4?
Because you can't count most of the supply for the purposes of this calculation, since it's in the hands of big investors and market manipulation groups.
So you need an approximate system to determine the "true" amount of people-owned BTC that's being traded for reasons aside "We can jew the world out of another 200 billion dollars by doing this"