InvestorsHub Logo
Followers 0
Posts 739
Boards Moderated 0
Alias Born 02/10/2014

Re: trader53 post# 138269

Saturday, 01/13/2018 2:31:55 AM

Saturday, January 13, 2018 2:31:55 AM

Post# of 244806
Takes look at https://mjcoin.com

Mjcoin will burn any remaining coins after the ICO.

Many people is having a big mistake considering a float of 1B tokens for MJCoin. There's a "temporal" AS of 1B coins but the current float is only 1 million!

At the end of the ICO the float will be equal to the AS and can't rise. So, we could end the ICO with 100M coins for example. That's an awesome number.

Pot coin is trading at $0.50 with 220M float. Imagine MJCoin starting trading at $0.02 with only 100M or less coins circulating.

Less coins out there at the end of the ICO means low supply and potential high demand if the project goes well. So, any early adopter could have got now a really valuable and lacking asset at an huge discounted market price based in potential valuations.

Time will tell.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.