Quote from: bebopTC on February 08, 2018, 12:51:58 AM

Quote from: Empiretoken on February 07, 2018, 08:46:09 PM

Too much coin supply, value will be shit

Although our total supply is 1 Trillion TRTL, each TRTL is only divisible to 2 decimal places. In terms of atomic units, we actually have significantly less total supply than Bitcoin, Ethereum, Litecoin, IOTA...

Quote

TRTL 100,000,000,000,000 Shells
BTC ~ 2,100,000,000,000,000 Satoshis
IOTA 2,779,530,283,277,761 IOTA
LTC 8,400,000,000,000,000 Photons
ETH 97,879,990,190,000,000,000,000,000 Wei

Read more about the TurtleCoin supply and the motivations behind the 2 decimal places here:
https://medium.com/@turtlecoin/one-trillion-turtles-coin-supply-and-unit-economics-5bfbea0aa1f1

You are right, however most people aren't good at math. They see that many zeroes before the decimal and they think the supply is more. So unfortunately this coin is screwed, you can see it right now. Daily 26 million coins are mined and sold. To much supply, similar to when there was to much beef during Reagans presidency. They had to push cows in lakes to keep the market from crashing. A basic college economics class would have pointed out this problem before it happened. Although it is too late for this coin, throwing them away won't save it. The market has already crashed and with any first impression, this coin now has a bad one.

However as the lead dev said, he isn't good with math. So he wouldn't have seen this coming. Then there is the problem with him being a developer but bad at math. Aren't algorithms a computational proof? Computers are all about computation, mathematics. He is the lead dev and doesn't like math? lol

Is this coin actually just a troll coin? or an MIT social economic experiment on the overabundance of supply vs demand?