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Title: Technical question Post by: innovjack on January 21, 2018, 09:02:47 PM To how many bits is SAT token divisible???
If it is not divisible it will not grow in value. Why??? Because it must not grow in value!!! Why??? Sphere social and it's market where people will be able to trade the gods using SAT tokens is a modern idea, therefore it has to and it will (if successful) compete with Facebook and Amazon one day which monthly turnover exceeds hundreds of millions of USD. People on Amazon are able to buy/sell things for as little as 5 or even 1 USD or even less. If sphere social and its market will be successful at the beginning, we may expect significant grow in value of the SAT token, but at the end if SAT token is not divisible or it is not divisible to enough "minisats", it will be disaster for the sphere social market (it will implode under its own success) because if 1 SAT token will be worth 5 USD for example, people will not be able to trade the gods below that amount. There is tens of thousands of items on Amazon below 5 USD and less and this is BIG BIG share of Amazon turnover. Preferably 1 SAT should be divisible to at least 10K "minisats", so one day when 1 SAT HOPEFULLY AND THEORETICALLY will be worth 1000 USD, the price of SAT token will not affect the market because 1 SAT =1000 USD divided by 10K minisats = 0.10 cent which will be the smallest amount tradeable on the market. So, Iam asking again. Is SAT token divisible or not??? If yes, then to how many "minisats" it is divisible??? One more question. I am unable to buy SAT tokens using credit card anymore. Can you explain to us what happened??? PS. don't laugh at 1 SAT= 1000 USD There is one billion SAT tokens but remember that unsold tokens will be burned. This project has HUGE HUGE potential providing developers will listen carefully to people's needs and tips. |