Re: [ANN] Syscoin - Business on the Blockchain - Presale SOLD OUT! Launch Aug16
WRONG. in 2 years there will only be 440m ish or so coins. PLUS mining this coin will be MORE expensive than buying it. PLUS, there is buy support from IPO funds.
And your point is? I can see how people might use this blockchain to store data but that doesn't preclude needing to buy coins.
The only way to make this coin viable is to have a big enough fee for adding data that people are required to buy coins thus causing demand and price rise. This also prevents transaction/data spam on the blockchain.
If this is added then I will probably buy into this at some point.
440 million is a lot of coins.
Using or doing anything on the syscoin blockchain requires fees.
As Dan posted
snip..
LMAO
I needed that today. But hey... did my head have to be on the chick's body? 
And you forgot mike and coderboo lol. We'll prep the island for when the rest of the presale investors arrive 
Just finished the service fee tiers doc:
https://docs.google.com/spreadsheets/d/1x8dv0pGyRCeT8aXIEQpgNiq0ENxJKwEO_PmZqnxJERk/edit?usp=sharing
The only thing I am not sure about is if offers aka marketplace will be priced per kb or per offer; the sheet has them priced per kb. Please take note of the scaling value of Syscoin from 1k - 1.5k satoshi and the decreasing cost in USD of the services relative to that increase in value. This shows 6months but as you can see in a few places and via the blockheights this is compressed to 90days. Open to feedback! Lmk if we got any numbers wrong but almost all formula driven (for sanity purposes, this doc alone represents many hours of work).
LMAO
I needed that today. But hey... did my head have to be on the chick's body? And you forgot mike and coderboo lol. We'll prep the island for when the rest of the presale investors arrive Just finished the service fee tiers doc:
https://docs.google.com/spreadsheets/d/1x8dv0pGyRCeT8aXIEQpgNiq0ENxJKwEO_PmZqnxJERk/edit?usp=sharing
The only thing I am not sure about is if offers aka marketplace will be priced per kb or per offer; the sheet has them priced per kb. Please take note of the scaling value of Syscoin from 1k - 1.5k satoshi and the decreasing cost in USD of the services relative to that increase in value. This shows 6months but as you can see in a few places and via the blockheights this is compressed to 90days. Open to feedback! Lmk if we got any numbers wrong but almost all formula driven (for sanity purposes, this doc alone represents many hours of work).