Re: [ANN][CRT] Cryptotarget - The most profitable alt-coin you will ever use.
This is a fantastic post and I'm glad to see you're passionate in your beliefs
I propose the following solution:
Create a client specifically for those exchanges to deal with CRT in lots of 1K. This will help users feel like they've got a large number of coins regardless of the price.
E.g. Someone trying to sell 4 Billion CRT @ 1 sat will work out at 4,000,000,000 / 1000 * 0.00000001 = 0.04BTC.
This will give CRT a chance on all markets, it will give buyers of CRT lots of coins and will allow for more liquidity. There would be no need for hard forks which is messy and I want to avoid in any case.
If the community feels like I should go ahead with this proposed solution then I will go ahead and build the client.
Now you are making some sense! IMO, you should make it lots of 100k though. At the proposed 1k, it would still be creating 345.6 BTC worth of coins a day if they sold at 1 satoshi. If dealing in lots of 100k, it would only be creating 3.456 BTC of new coins a day at 1 satoshi. That doesn't sound like alot, and it isn't really, but for a new alt in the market today it actually is quite a bit. We don't even get new POW coins anymore. They are virtually all short POW periods followed by pure POS, because they can't find a fraction of a BTC of support every day from investors to buy incoming POW coins. For this reason, I still don't think it will see too much action on BTC markets initially and will likely build up a sell wall, but at least it won't be a comically large one. In the meantime that would be the perfect amount to allow robust trading on LTC and DOGE markets, and if adoption reaches a certain level, it could start to see some success on the BTC market. This could be a fun trading coin and could end up being an awesome arbitrage coin eventually, but not in the way you envisioned it. In the sense of arbitraging between the BTC/CRT, LTC/CRT, and DOGE/CRT markets because traders just want to trade. If CRT gets big one day, you can always adjust the exchange client so that it deals with lots of 10k or 1k. For now though, it is best to stay conservative especially in the current alt climate. It shouldn't be a big deal for exchanges to add a little note to the CRT markets, explaining that a bid for 1 CRT actually counts for 100k and they will get that many if they withdrawal.
This could make a great tipping coin. Part of the fun of DOGE was that even if you held a relatively small amount, it wasn't cost prohibitive to throw a few thousand here or there. With CRT, you can tip millions! Those extra zeroes are psychologically satisfying.
Mail sent to poloniex.
Polo won't add this. They are very strict on adding new coins these days. It needs to prove itself elsewhere first. Bleutrade and C-Cex (even though I hate c-cex) are the best bets because they will add new coins AND they have BTC/LTC/DOGE markets.