Quote from: CryptoNick on December 31, 2016, 03:57:53 AM

Quote from: DooMAD on December 30, 2016, 03:32:37 PM

Quote from: CryptoNick on December 30, 2016, 02:25:26 AM

The cost of BitCoin goes up the worth is the same. Other holders can Hedge now also! This is very good news too, hopefully BitCoin goes to $3000 a coin. QORA would be worth more and stabilize at 1 satoshi forever PEGGED to a rising BitCoin, so VERY GOOD NEWS! Anyone can come into the QORA market and never lose BitCoin and only gain if it goes to 2 satoshis. It is a beautiful thing.

A $300 jump in BitCoin just made QORA drop 4 satoshi so if that trend continues we would be at 1 satoshi under $2000 for BitCoin. The liquidity will be great inside QORA at that point. No fear of losing any value since you get your BitCoin back at a 1 satoshi sell off for liquidity, just put your buys in at 1 sat and sit and wait for a seller. 10 Billion coin now represent only 100 BitCoin but BitCoin is now worth $2000 making a $200,000 MarketCap. QORA can only go up from 1 satoshi and at that price 2 sats is now $400K 3 sats is $600K 4 sats is $800K...

That is to say there would be sellers at 1 satoshi so you may have to get in at 2 sats but there would be liquidity and depending on the price of BitCoin you could have came into QORA at $1500 but now exit from 2 sats selling to 1 satoshi earning the $3000 BitCoin to now give you back your $1500 investment! No one knew a Low Price was a good thing, but it is... when there are 10 Billion Coin and there is never any inflation in QORA.

All great in theory, but I've seen coins that have dropped to 1 sat before on exchanges and the volume suffers dramatically because no one wants to buy at 2 when they can wait for 1 and no one wants to sell at 1 when they can wait for 2. No volume equals no profit for the exchange and the coin gets delisted as a result. If Bitcoin ever manages to implement ACCT, then sure, awesome. But if it doesn't, 1 sat is bad news for trading.

I hear you but there will be sellers and that is volume. The 10 Billion coin are out there and they will sell for 1 sat if BTC is at $3000 or lets also note that if people start to use QORA then Merchants have to sell to fiat. So there will just be a ton of selling no buying and no need to buy just sell... Ultimate in Liquidity and considering the services of the coin there would be a community of users not sellers. Perfect at 1 sat...

Many exchanges use LTC and monero, so a Qora:LTC or Qora:XMR market solves this problem, right?