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USBitcoinServices.Com (OP)
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July 25, 2017, 05:39:42 PM |
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What do you think about a coin having only 1,000 coins supply? scarcity works? check it out https://bitcointalk.org/index.php?topic=2044842.0Token Description Coin Name:Profit 1000 Token Coin symbol: 1000 Coin decimals:18 Total supply:1000 ICO supply : 800 Team hold: 200 Rate : 1 ETH = 4 (Profit 1000 Token) |
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riskthebiscuit
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July 25, 2017, 06:02:37 PM |
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It definitely could work in theory. But other than coin # you need a lot of other stuff to make a new coin or ICO work. Youll atleast need a good
a) team
b) concept
c) roadmap
plus many others factors to make this a success. I think there was a coin called 300 the launched just now. Perhaps look to that to see if it could be a success. Currently trading at roughly $550 USD which is quite high
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hosseinimr93
Legendary
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Activity: 2576
Merit: 5668
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July 25, 2017, 06:05:58 PM |
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Number of coins really does not matter. What is important is total market.
I read the announcement. The roadmap is really funny. ''Add to exchanges''.
They claim that investors will get 1000x profit. But how? There is no plan, There is no idea and There is no concept or product. There is nothing to attract investors.
Hope to no one invest in such ICOs.
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solarrobot
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Activity: 112
Merit: 10
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July 25, 2017, 06:18:28 PM |
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team holds 20% on a coin where the only innovation is moving a decimal point? Yeah go for it duuude!
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Pab
Legendary
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Activity: 1862
Merit: 1012
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July 25, 2017, 08:48:07 PM |
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There was coins like that in the past,99 coin,american silver eagle,some more,better to not buy becouse of low supply only
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bitcointarget
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July 25, 2017, 09:01:45 PM |
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How can we display its details? I have never seen such limited supply before. If big investors come, this coin can find itself in the moon.
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jnow
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July 25, 2017, 11:07:39 PM
Last edit: July 26, 2017, 08:41:25 AM by jnow |
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How can we display its details? I have never seen such limited supply before. If big investors come, this coin can find itself in the moon.
If you can read the smart contract please let the rest of us know the details  https://etherscan.io/address/0xc9ECAb309AEf735586F45413D0AEaA4aDCC4F654#readContractI just had a look at the 300 token I didn't even know existed. The only purpose for it seems to be collecting it, kinda like a limited edition memorial coin. When I saw the Profit 1000 token thread ( https://bitcointalk.org/index.php?topic=2044842.0) I thought it was a joke. Apparently not. Sure looks like a ponzi scheme, but then look at the 300 token.. . |
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andrei56
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July 26, 2017, 02:28:36 AM |
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What do you think about a coin having only 1,000 coins supply? scarcity works? check it out https://bitcointalk.org/index.php?topic=2044842.0Token Description Coin Name:Profit 1000 Token Coin symbol: 1000 Coin decimals:18 Total supply:1000 ICO supply : 800 Team hold: 200 Rate : 1 ETH = 4 (Profit 1000 Token) You posted everything except the most important aspect, what is the purpose of yet another coin, if that coin has not a new purpose then it does not matter if there are only 1000 coins of it, or 100 or 10 the value of that coin is going to be very low. |
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rigel
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Activity: 1240
Merit: 1001
Thank God I'm an atheist
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July 26, 2017, 03:54:31 AM |
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What do you think about a coin having only 1,000 coins supply? scarcity works? check it out https://bitcointalk.org/index.php?topic=2044842.0Token Description Coin Name:Profit 1000 Token Coin symbol: 1000 Coin decimals:18 Total supply:1000 ICO supply : 800 Team hold: 200 Rate : 1 ETH = 4 (Profit 1000 Token) There is no scarcity: 18 decimals means 1000000000000000000000 coins exist |
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Bergamot
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Activity: 9
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July 26, 2017, 04:35:22 AM |
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What do you think about a coin having only 1,000 coins supply? scarcity works? 0 Token
are trying to copy zedomax idea ( chaincoin ) |
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berrygood
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July 26, 2017, 06:51:33 AM |
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1000 or 1.000.000 coins doesn't matter itself, why do you choose such an amount of token supply? It must depend on a logical reason.
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appletin1
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July 26, 2017, 07:15:00 AM |
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1000 coins but 18 decimals?  |
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slaman29
Legendary
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Activity: 2828
Merit: 1287
Livecasino, 20% cashback, no fuss payouts.
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July 26, 2017, 07:28:08 AM |
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1000 coins but 18 decimals? It's a good point, 18 decimals just means you can subdivide the coin into 1 quintillion units ... that's 1 million trillion units. So 1,000 coins can mean nothing in scarcity context. But look at Bitcoin and realise that very few transactions will go below 1,000 satoshi, or even 10,000 - not when fees are minimums of 1,000-3,000. This amount gets bigger even as price increases, so maybe decimals get less important as coin gets more useful. |
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kira17
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July 26, 2017, 08:23:56 AM |
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18 decimals is to much, even total supply would be 1000 coin. What is sense in that case? I don't understand.
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Herdirfauzi
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July 27, 2017, 05:50:54 AM |
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I will find out about this project to know more about the project ...
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Herdirfauzi
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July 27, 2017, 06:00:21 AM |
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I'm not 100% sure of the above project, because if the users return 0.01 ETH will return back 10 ETH .. need to be balanced to go there.
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lausam
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July 27, 2017, 06:03:55 AM |
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1000 coin 1 ether 4 coin. From which you get the idea? I think it is good and very rare with only 1000coin fund.
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Orrechorre
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July 27, 2017, 06:18:09 AM |
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I am not a prophet of doom but i am afraid to say that low supply does not determine the value of a coin but the project behind it, i will check the coin ann thread link and see if it is a good investments.
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