RE: Blue sooooo15 Nov 2023 10:50
Yes, FigTreeHarry is one that needs listening to imo, a wise sage. He noticed the typo in my post earlier, here it is corrected:-
Right, I have just taken the latest numbers - for the last 24 hours - from the exchange https://gs20.exchange/
BTC £35780 x 473 = 16,923,940 X 0.2% (estimated commission percentage) = $33,847.88 total
ETH $1986 X 5238 = 10,402,668 X 0.2% (estimated commission percentage) = $20,805.336 total
So, this gives us, for the past 24 hours, a total estimated commission of $33847 + $20,805 = $54,653
Per annum, this would be (for both totals) = $54,653 X 365 = $19,948,345
THIS FIGURE ALONE IS ROUGHLY THE CURRENT MARKET CAP!
The P/E ratio should be around 10X, so 10X is approx $200 MILLION to provide a realistic market cap imo.
I have not included XRP, BUSD or COAL in this, or anything for the other pillars here or for any organic growth, which would add more to the total.
I AM VERY HAPPY WITH 10X