Thanks for your questions.
If someone send $50 of course he will get 50000 WSPU2
He cannot send $50 per ethereum...he will send ether worth aproximatively $50
I will check the value here:
http://www.bitcoincours.com/p/cours-ethereum-dollar.htmlat the confirmation date here:
https://etherscan.io/address/0xd5F31D7E3e09374C3e338A402AcaD3Af3470422dand then send the real number of WSPU2 at the address who sent me the ether.
I hope this is clear.
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Yet another thing: You have an initial supply of 100000000000000 WSPU2 tokens, which are initially given to you. You say the initial price is $1 for 1000 WSPU2 tokens and it is supposed to grow after that. Well, you gave yourself 100 billion Dollar, which is not likely to be justified from a traditional supply/demand-ratio standpoint. Your site is cool, but I still have trouble seeing where this value is supposed to come from.
What does 100000000000000 suplies mean?
This means that with decimal=8 we have:
1000000.00000000 WSPU2
If 1000 WSPU2 = $1
Then total initial value of tokens = $1000 (and not 100 bilion Dollar)
The total initial value of token is $1000 only if total amount of tokens are sold.
The initial value comes from the buyers who pay $1 for 1000 token.
The free tokens are paid by winspiral from sites income and have an initial value as well $1 per 1000.
If U2 members buy WSPU2 they pay as well initial price $1 per 1000.
This is for a while the initial price.
Later real price will of course depends on the ETH price in plus or in minus if ETH price changes.
I can not freeze the ETH price.
Let suppose the ETH price never changes and if it does people make the calculation them thelves.
U2 members can buy with U2 pending balance or from other balances (perfect money or what ever is worth)
At the start they can not sell over $1 per 1000 because I sell for $1
But they can offer to sell under $1
Let's suppose Memberman change pending payout in 1000 WSPU2 and sells them for $0.99 he will get $0.99 in ETH
Of course if he want BTC he will deal with me about the BTC transaction fees and takes a decision...
Perhaps he will deal directly the payout for ETH...paying a little tax.The tax will help me to increase the value of the WSPU2
The exchange patform EtherDelta works (I have tested it) but they have nowadays problems...
But I have found an other platform IDEX (i believe) where it should be possible to trade the WSPU2 but I have to set some formalities.
WSPU2 will never be worthless because if the WSPU2 goes under $0.001 I have ETH to buy them back.
(under the condition the ETH price does not crash suddently)
WSPU2 buyers have to know that the risk depends mainly on the ETH price.
About the value:
I have now income and members...not many members.
If with this token I have more income and more members the value of token will increase because i will sell it expensiver.
Of course If I sell it expensiver,i can rebuy it expensiver.
If I have more income,no doubt that the WSPU2 will take more value.
I will programme a faucet where it will be possible to earn WSPU2.
If my token is "life" and many people have it and trade it,perhaps other faucet holders will be interested to buy WSPU2 and propose them as faucet's earning...
With token,so much is possible.
So far $1000 seems much,but shared among many people,it is not so much.(and with 8 decimals,no problem that not enough token have been created)(lol)
The fun will as well be to send ETH when the ETH price is so high as possible to get maximum token for the ETH.
It is the same for changing pending cash in WSPU2,the best moment to do it is when BTC price is high.
But the 1$ = 1000 WSPU2 can change as well if I estimate that I have made enough profit to rebuy the WSPU2 for more than $0.001
Later I will as well fix the fees...sending ETh and token is not free...not much but not free.
So far it is free,if i'm not spammed with many $1.00 buyings from the same ETH address.
PS:
If people buy WSPU2 and the ETH price falls...he will certainly lose...
But if they do not buy and keep their ETH...they will lose as well...
I start the ICO with "dollar" because it is for me a better value for the BTC on U2 system and for ETH for the WSPU2.
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Merci bien
