Hey, hello everyone, I just want to talk about market

cap and circulating supply.

Imagine we want to invest our money in Precious metals, but we don't know very much about the market, We know the most important thing is the less supply means more valuation.

we see the availability is like that.

Gold, total supply: 100 bags
Silver, total supply: 1000 bags
Gravel, total supply: 300 bags

Well, following the rule of the supply availability we can think that investing in gravel is much better than doing in Silver, due to the ammount of bags. But, wait! look deeper.

Gold, total supply: 100 bags (1g per bag)
Silver, total supply: 1000 bags (1,5g per bag)
Gravel, total supply: 300 bags (1000000g per bag)

Something has revealed to us!, each bag has a different ammount of grams, so we don't know how to compare the total supply to take a decission on which investment is better. So, we do it that way.

We normalize the bags taking gold as reference to have the same ammount in each one

Gold, total supply: 100 bags (1g per bag)
Silver, total supply: 1500 bags (1g per bag)
Gravel, total supply: 300000000 bags (1 g per bag)

Wow!!!, now we can effectively compare the supply, and we see that in fact gravel looks such a shit investment.

Now take a look at crypto.

BITCOIN, total supply: 21.000.000
ECASH, total supply: 21.000.000.000.000
AVALANCHE, total supply 720.000.000

Well, we follow the same rule of the supply availability, and we compare the coins, we decide that AVALANCHE is better investement than ECASH, because ECASH has a bigger supply, that coin has no value. But, before doing our investment we decide to look deeper, as they have almost fooled us before with the gravel.

BITCOIN, total supply: 21.000.000 bags (100.000.000 satoshis per bag)
ECASH, total supply: 21.000.000.000.000 bags (100 satoCash per bag)
AVALANCHE, total supply 720.000.000 bags (1.000.000.000 nanoAvax per bag)

Oh, the same shit than before, We are not able to compare the bags, as each one has a different ammount, so we have to normalize again, this time taking BITCOIN as reference.

BITCOIN, total supply: 21.000.000 bags (100.000.000 satoshis per bag)
ECASH, total supply: 21.000.000 bags (100.000.000 satoCash per bag)
AVALANCHE, total supply 7.200.000.000 bags (100.000.000 nanoAvax per bag)

WAIT!! YOU ARE CHEATING ON ME, DO YOU TELL ME AVALANCHE HAS 342,8X the supply of ECASH, YES SIR! IT IS TRUE, AND ECASH HAS THE SAME SUPPLY AS BITCOIN

So, It is AVALANCHE like gravel, and ECASH like silver or gold itself? YES AGAIN.

And now we look at price.

BTC 42000$
ECASH 0,0002$
AVALANCHE 72$

YES you are paying 72$ for each bags of stones.

So, for ECASH to reach the market cap of AVAX we should pay 72 (AVAX PRICE)x360.000 (AVAX PRICE : ECASH PRICE) = 25.290.000$ each ECASH and guys, if the market cap of silver and the gravel is the same, something is wrong, ¿or not?

DYOR,
Regrads

xec and avax are working together

so what will be done to have avalanche support?

Bitcoin ABC is building & testing it now, it should be integrated into eCash before year end. It will be the only chain that has both Avalanche & proof of work. If properly executed it will be very important amd valuable.

nice

The math on this is wrong and in general its making things more confused rather than making things more clear.