Quote from: iluvbitcoins on August 21, 2017, 02:18:37 PM

Quote from: Vigens on August 21, 2017, 08:40:24 AM

Another problem is that what is going to happen with leftover E1 and B1 now? They should be transformed into Markka or M3.

My opinion is the debt will be settled with the sale of Ristos ingame assets after the game goes to the next level.

Quote from: CrazyLoaf on August 21, 2017, 05:14:09 AM

The decimal places maybe not, they can just be rounded down and people told not to deposit fractional amounts or they'll be lost (can be kept by the treasurer or donated to Town). The huge supply could be an issue as he pointed out, because the price on exchanges will be extremely low. That makes it difficult to trade when the spread is between 0.00000001 and 0.00000002 or even 0.00000000 to 0.00000001. In the former case the spread is enormous in percentage terms and in the latter case there is no bid because no one is willing to pay even one satoshi for a single M.

Another coin with a similar issue (Dashcoin; not Dash) but with not even as large a supply went with a 10000-1 reverse split specifically for this reason.

Quote

I would go for at least 1 quadrillion M with 1 "satoshi" = 1 M. So that is 1000000.00000000 or, with commas, 1,000,000,0.00,000,000. This way you don't have to worry about the decimal values being "lost" and also with 1mil "full" coins, you have a decent level of scarcity where you may be able to trade at a reasonable level. You could even go into the tens or hundreds of millions in "full" coins if needed and still be okay, but then you are talking about tens or hundreds of quadrillions of in-game currency.

Like I have absolutely no idea about this coin, but just was glancing on the top 100 of CMC for something I didn't know. NoLimitCoin: https://coinmarketcap.com/currencies/nolimitcoin/#markets. 200mil outstanding, $35mil market cap, and roughly $0.17 per coin value. If we went with the same amount of coins, that is only 20,000,000,0.00,000,000 or 20 quadrillion currency units. Not saying 20 quadrillion is the place to be, but it is just an example and honestly the number of coins outstanding should be discussed.

I don't see a problem with the decimal units, as it's even good for us if people deposit the fractions since they'll be a bonus for the Town.
The supply however, yes.
Hmm, I think it would even be more beneficial to pick a low supply, it's a better marketing strategy, you're easier to hit the eye and get people to notice you when one CKM is worth a 100$ than 0.000001$.
Also, you might be interested in dogecoin or bytecoin but as soon as you see 0.0000001BTC you don't even want to count the zeroes and as it's stated you won't even notice a 1000% rise in value.

Because of this purpose I was thinking 40k, only issue I saw is it would be harder trading ingame typing . after everything
But this is so easly circumvented as it happened in bitcoin, there are always units as micro, mini etc.
mCKM should become a thing ingame if its value rises extremely

For me it seems advanteges of the low supply outweigh those of the high supply as in marketing terms and ease of use
I would like to se 40 000 CKM with a shitload of decimal spots for growing purposes and that's it
Perhaps 400k would be the best, it wouldn't be seen as extremely scarce, but it would be rare

NO. Micro transactions should be an objective and I don't want to pay 0.00000000000400 for CAN.