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8940994 No.8940994 [Reply] [Original]

So I just read on the CoinMetro telegram that after the token burn and team/advisors share is distributed, the circulating supply of XCM will be 128 million.
Assuming a daily volume of say $15,000,000 (cryptopia tier) what would the projected xcm price be?

I’ve seen the calculators before we knew the token burn would happen, hoping a smart anon can help

>> No.8941028

Those calculators are complete hogwash. I think a realistic price is $5 this time next year.

>> No.8941587
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8941587

>>8940994
The calculator is adjusted
https://docs.google.com/spreadsheets/d/1Nl_3aCuXolBoyMOetiZdaprSuSZhH3GM3CN8kHZobN4/edit?usp=sharing
>>8941028
It isn't completely accurate because we don't know how profitable it'll be when it first launches, thus can't determine the burn rate when it first launches, we'll know after the first burn. At the moment the spreadsheet has a long term view.

>> No.8942170

>>8941587
Thanks Anon. Would you assume the burn rate will correlate to the amount percentage of tokens burned? It’s kind of a big flaw with the white paper not making that information transparent. What was the minimum burn rate again? Or was there anything suggested that would affect the decision in burn rate?
I still have faith in this project despite all the fud.

>> No.8942179

>>8941028
That would be more than enough to make me happy. Sitting on 30k xcm

>> No.8942433

>>8942179
fuck you for having more coins than me

give me your coins

>> No.8942466

>>8942179
30k xcm gang

im dumping asap though. lost hope in this exchange, gonna put my funds into NEX or LEGOLAS OR BINANCE

>> No.8942481

>>8942466
What made you lose hope before it’s even an exchange anon?

>> No.8942505

FUD me on this piece of shit. Bagholders need not reply.

>> No.8942676

>>8942481
>>8942505
exchange is supposed to release in 2 weeks. no sound from kevin (ceo) for 8 days yet he said he was gonna do "daily updates". no beta pictures. no signs of a working product. their marketing is horrid, they take cheapshots on social media like "Coinmetro, much better than @binance @kucoin etc!". they bot all their likes views and retweets with paid pajeets. look at this: https://www.youtube.com/watch?v=h4B_7Xs0SD0&t=1s
100k+ views but only 100 likes and 8 shills in the comments. i appreciate their vision but i don't know if they have the right ppl to accomplish it

>> No.8942736

>>8942676
Thanks, I knew it looked dodgy as shit, I'll keep on looking. Will probably need to wait for the next bull run anyway. Nobody is going to buy these bags in a market like this.

>> No.8942770

>>8942676
Fair enough. It’s a bit risky dumping bags right away tho I still think there’s great potential. I feel like they were doing fine but get what you mean about Kevin going missing from Telegram it’s a worry. I’ll hold my bags and see where this thing go’s, it’s not a large part of my portfolio.