JayJuanGee
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How much alt coin diversification is needed? 0%?


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February 23, 2016, 03:47:14 PM

Ouch!
That was a heavy dump!
Finex and stamp had been down to 416! Shocked

could you imagine some internet token being actually worth more than 400$?

either the dollar has deeply depreciate, or people have just gone mad.

Dollars in circulation: >1 trillion (M0 - cash) / >10 trillion (M3 - incl. bank deposits and cash equivalent)

Ounces of silver above ground: ~30 billion

Ounces of gold above ground: 6 billion

Bitcoins in circulation: 15 million

Scarcity is a factor.

DOGE is also an internet token but it can't cost 400$ as it is issued in the billions.

DOGE price: $ 0.000278   DOGE in circulation: 103 billion


Satoshi's are potentially infinitely divisible and they are issued in the billions.


Huh


 Shocked Shocked