Ninjastic
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Board Announcements (Altcoins)
Re: [PRE-ANN] LuckChain BASH, bet in blockchain, bettor winner please come in.
by
tomkat
on 30/08/2016, 14:55:30 UTC
Quote from: gtzanap on August 30, 2016, 02:52:21 PM
Quote from: tomkat on August 30, 2016, 02:03:34 PM
Quote from: freepick on August 30, 2016, 01:58:05 PM
too much total suply, after the token release to the exchange the price will be 1 sat forever
Better lower the supply or make it 1 sat for 1 mil token LOL

Well, that's why the devs want to have 100 billion coins.
Once it's all down to 1 sat it won't go lower forever (as you said), so it's better to have 100 billion at 1 sat than 1 million, isn't it?

[Edit] Note this "9 billion will be hold by the development team" - it's 90 BTC (@ 1 sat)

Haha, if only it were so easy. What makes you think that people will buy at 1 sat?
Either it will have zero volume and get delisted or it will only move in the LTC or other base market (so it can drop to 1 litoshi)

I'm sure no one will buy it for 1 sat - the above is just a theory the devs want to play with Smiley

[Edit] Correction: IF the ICO will start, then it's likely someone will buy it for 1 sat, and maybe even for 2 sat, AND IF it will be listed, then maybe there will be a buy wall at 1 sat. Then, it's likely those who bought for 1 sat will only lose exchange fees - and those who bought for 1.5 or 2 sat "slightly" more Smiley