Re: [ANN] UniversalCoin (UNV) - The 0.01 BTC minimum value coin -
If you think twice, if crypto projects will be very designed to absorb whole mass monetary, well it must be such a calculation.
But all crypto projects are only dump coin and offer nothing to change the society.
Just think about it in real economic way
But all crypto projects are only dump coin and offer nothing to change the society.
Just think about it in real economic way
How about you answer the question, "in a real economic way" ... How will you guarantee a minimum value of 0.01 BTC?
He is basing his assumption on the thing that he wants to sell the coins at the price of 0.01 each.
By this people won't be interested in selling lower and going at a loss , thus maintaining an artificially inflated price.
The only problem is that there might be no buyers and some of the owners will start selling to cut loses , which will brake this artificial wall.