Quote from: D3m0nKinGx on December 28, 2017, 04:08:57 PM

Quote from: 8fold on December 28, 2017, 03:29:32 PM

Quote from: bcmine on December 28, 2017, 02:48:24 PM

Quote from: D3m0nKinGx on December 28, 2017, 01:44:40 PM

What's so difficult with Gbyte units? The coin's value is btc/gbyte, you'd end up dealing with larger numbers using MB and smaller fractions of btc when trading... and some exchanges have a minimum btc value for trading, (Trex is 100k btc sats) minimum per trade.

But if this is changed to Mbyte, where right now 1 Gbyte = 0.05 BTC,

Then

1 Mbyte = 0.00005 BTC

Why is this better?

dont get it either. psychologicaly its making no difference, because you get all this millions of bytes anyway

What???!

Wait a minute.. Let me say again... What? Huh

What do you mean psychologicaly no difference?!

There are a lot of people I know in real life, who, exposed to this, will invest in what has a small price per unit, regardless of total monetary mass (the number of units in existence). You are not .. just wrong with that affirmation, you are way off!

The argument above with "1 Gbyte = 0.05 BTC" being better for trading compared to "1 Mbyte = 0.00005" is not convincing either, because the average trading size per position is around 1-2GB's anyhow (I'm speculating here based on common sense)... and there are make tokens/coins/cryptoassets with a unit price of around 5000+ satoshis and people have no major problems trading that... Also, the average joe doesn't daily trade.

One extra argument for the price denomination cut (from GB to MB) would be that standard stock market is used to splitting shares, in order to keep prices in around the same area (of two to tree digit price).

I said, "Why is this better?", not "it IS". and thus you went on a rant that didn't provide a reason to my question. you just responded as if I made a statement not a question...

But in either case. regardless the denomination of how the coin is listed, if it's in Gbyte or in Mbytes, it doesn't change the fact of how much the coins cost $ USD wise... you can't make it look "cheaper" to a noob trader, or average joe unless its actually cheaper. 1000 Mbytes is still 0.05 btc no matter how you try to put it. And you can go on an exchange and buy 1 gbytes which is the same as 1000 mbytes, or 0.0001 gbytes = 1 mbytes. Thus, speaking for myself here, I don't see the justification to change this.

Furthermore where you said:

Quote from: 8fold on December 28, 2017, 03:29:32 PM

and there are make tokens/coins/cryptoassets with a unit price of around 5000+ satoshis and people have no major problems trading that... Also, the average joe doesn't daily trade.

Incorrect, Trex has a minimum 50,000 sats (BTC) per trade. thus in Byteballs case, the minimum order as of right now that you could place using (Mbytes) would be

0.00950515 Gbytes = 9.5 Mbytes

So I ask again, what is the difference? the USD/byteball value is still the same, why would there be any different incentive for a trader to buy it just because the decimals are in a different position? whether they trade/own .0095 gbytes in their account or 9.5 Mbytes they still gonna have the SAME $7 (rounded) in their account. And the Exchange would be showing instead 1 Mbyte as 0.70$. So oh, it's 70 cents, but that's not per "coin" it's per megabytes, byteball is the coin, and megabytes are a fraction of it. 1 byteball = 1gbyte (and has been this way since the beginning). So you're asking the dev to say that 1 byteball = 1 mbyte by making this switch on the exchange.

The thing is just here that newcomers often looks just the USD price of the currency. If it's 700$, it seems lot more expensive that 0,70$ or 0,0007$. USD price of currencies doesn't personally matter anything for me, but I know lot of people that bought something else because the price of GBYTE. Maybe that's a good thing and let's Byteball grow organically, who knows.

Byteball = GBYTE? I don't think so. Byteball is the platform and bytes are bytes, right?