Quote from: mycoinpool on June 19, 2014, 09:53:23 PM

Quote from: Petr1fied on June 19, 2014, 09:19:42 PM

Quote from: mycoinpool on June 19, 2014, 08:51:07 PM

In fact, I think Pennies[cent] is a great，no need to reduce. CENT is scarce. Even compared to Bitcoin,it takes time to get to know

It's indivisibility and current coin total makes it impossible to trade against LTC and BTC. It made it's way down to the bottom of every market on cryptsy and people were prepared to sell it no matter how low it went because people had billions and in some cases trillions of coins.

The scarcity argument really doesn't work when all exchanges trade against 1 whole coin. They're not going to code in special conditions to trade it in large amounts per LTC/BTC and dividing the coin total across the board is the only way to make it tradeable on other exchanges.

Hi Petr1fied,
It would be easy

1 Pence =10⁸CENT
So:
1.00000001 Pennies=10⁸CENT+1CENT

About 490,000 pennies

The CENT total supply：About 49 trillion now

The approximate ratio of CENT/BTC coin cap, if CENT had satoshi's would be as follows:
500,000 Pennies coins compared to Bitcoin's cap of 21,000,000 BTC (Please check out the calculations below).

Simplified to:
1.00000000 Pence to every 42.00000000 BTC in existence.

CENT is still No decimals, no micro units, each penny is 1 coin. CENT is the smallest unit.

What'd you think?

hi Rozu, how about you?

Welcome to the discussion

LOL
and I will sell it to you?
1 Pence=1BTC
you buy it and you will be rich in the future