Quote from: marilyn4325 on December 28, 2017, 05:00:33 PM

Quote from: Jack Diesel on December 28, 2017, 06:06:09 AM

Quote from: BadAstroZA on December 26, 2017, 07:07:57 PM

I've got a few questions:

1. Why the lack of transparency about funds? Usually the smart contract is totally visible to ensure the figure started on the website is accurate. It's not really gone up much in the last 24 hours despite a large surge in Bitcoin and overall market cap.

2. The website states that tokens are burned forever during every transaction, which will create constant demand. It also says "Technical limitation of number of tokens:300 000 000" which sounds very little if they're getting destroyed on every transaction. It sounds like the system would run out of tokens very quickly. What happens in this situation?

I was very interested in purchasing some Crypterium before the ICO closes, but I have the same questions as BadAstroZA and I'm concerned that no one has answered them yet, but have responded to posts made after this one. I'm not going to invest until question number 2 is answered. It just doesn't make sense how this would work if tokens are being burned with every transaction. It seems we would run out of tokens very quickly if Crypterium is well received and used for online purchases by the masses. Can someone please field the question? Thanks.

They answered it in their telegram channel. Was something like 18 digits fractional tokens are possible and the more tokens are used up, the higher the price gets, so it never runs out (at least not until the end of the universe).

18 digit fractional tokens? Huh

So they're saying the average person who wants to buy a pack of bubble gum will need to use a scientific calculator with the capability to hold that many digits to do the math? Are they out of their minds? Can you really picture the average person, elderly neighbor, housewife, dad, etc seeing that as a simpler way than typing their credit card number onto a website and hitting the order button? I just can't see this going mainstream so I'll have to do my best Shark Tank investor impression and say "I'm out!"