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Topic
Board Announcements (Altcoins)
Re: [ANN] 2BACCO Coin | Yobit |Gorilla.exchange |scrypt| The Smoker Friendly Coin |
by
2bacco
on 19/07/2015, 14:40:49 UTC
from a vapor to a smoker  Grin


http://gcpool.eu/2bacco/public/


Have Fun

Thank you for adding a 2bacco coin mining pool Smiley






I added a second part to the 2BACCO Road Map in the op.


2BACCO Road Map part 2(these are estimates only)

To enable processing transactions, there are two early hurdles for 2bacco coin:

1- enabling the buying of one pack of cigarettes from a local store, paying with 2bacco coinsDONE
2- enabling the buying of 3-4 cartons(the minimum order size of online cigarette websites)
paying with 2bacco coins...


2bacco is able to process transactions for 1 pack of cigarettes.

3-4 cartons = 0.5 to 1 btc = $140 to $280 approximate estimates (with btc trading at approx 250-300)
That is the amount of money that will need to be sitting in buy orders,
ready to do the processing of the minimum buy orders of 3-4 cartons of cigarettes.
Some locations might be more or less expensive.

My estimates of what that means for the price of 2bacco coins?
low ranges: 750 to 1000 satoshi
high ranges: 10,000 or more satoshi

2bacco coin will likely move up into the top 50-100 coins to coincide with becoming enabled
to process the minimum cigarette orders sizes.



These price estimates are just to process the minimum buy orders of 3-4 cartons of cigarettes.


There should be upwards pressures on the price of 2bacco coins on exchanges after achieving

the liquidity required to process the minimum orders, because the intent of 2bacco coin is to

grow and to be able to process larger orders than just the minimum. (There are alot of factors involved, these are just speculative estimates I showing here)


If/when 2bacco coin becomes enabled to process 30-40 cartons of cigarettes continually having
liquidity sufficient to do that on exchanges, then 2bacco coin
should move up into the top 5 or 10 altcoins, and might even become the number 2 coin overall,
second only to bitcoin. Smiley

TOBACCO GOLD