r/garlicoin • u/YodasLeftNut • 2d ago

What would it take to reach $1?

Quick maths:

Using FreiExchange as a proxy and assuming literally no selling (which is unrealistic, I know), as of today we would need one stinky boy or gal to smash buy 2.81144892 BTC worth of garlicoin. This nets them into the garlicoin history books with over 1.3 MILLION garlicoin.

Put another way, the community needs to sell 1.3 million garlicoin to get the price to a dollar. This would also mean you couldn’t really offload much garlicoin for $1 due to lack of liquidity and orders.

Just some fun math on a stinky Saturday morning.

23 Upvotes

93% Upvoted

5 comments sorted by

6

u/PurpleLeatherCouch 2d ago

Ok I’ll do it

9

u/eddiekoski 2d ago

Telling me what's the legitimate exchange that lets me buy it

7

u/YodasLeftNut 2d ago

FreiExchange is the most consistent one and has most liquidity. I’ve used it for years

6

u/t0miiiii Developer 2d ago

Maybe I'll join in later and grab some garlicoin too. My wallets are fully public, and I promise I won't be selling, no matter the price. I'm not in this for the money, but I think everyone should handle their own part. Let's all keep the stinky spirit alive :D

2

u/dahvzombie 2d ago

Probably the collapse of the US government. Game changers like crypto tend to only work once.