[ANN] UniversalCoin (UNV) - The 0.01 BTC minimum value coin -

[UNV - ITALIA]

ITALIAN translation: https://bitcointalk.org/index.php?topic=618888.msg6851710

[UNV - JAPAN]

JAPANESE translation: https://bitcointalk.org/index.php?topic=877.msg6847770#msg6847770

[UNV]

In simple words, you won't be able to write under 0.01BTC when placing selling/buying orders, on exchanges platforms.

So, ignoring for the moment that you will need any participating exchange to enforce that somehow ... since you are offering the IPO coins at half that price - 0.005 per UNV - you are promising to double the money of every IPO investor?

Do you see a possible flaw there?

No flaw.
For the moment as UNV isn't launched yet, we can do such an offer.

You mae even less sense with this.
What do you plan on doing .. selling the uv at 0.01 btc and offering services in uv at this rate?

Are you able to run this kind of operation?
And even if you are able to do this , there is another flaw in your thinking.

Even the  the dollar the euro are oscillating , how can you fix the price?

In a free market , you can't do it.

When you say "fix the price", IF you only think about BTC equivalent, then yes it is fixed, but BTC as a $ value too, so oscillating.
So no UNV is not "fixed" in absolute.

Let's take a simple example: (in a near futur)

The trust of people is absolute and then it is recognized around the world that 1 UNV is 0.01 BTC (equivalent because BTC wouldn't exist anymore, if such a scenario...), fiduciary currencies have disappeared.
Everybody do transactions and pay in UNV.
Everybody know that you can buy with 1 UNV 1 OZ of flour (for example).

This value of the flour, is based on the work produced to get it.

Then if one summer there is a storm that destroy half of the world harvest of wheat, then the price will up and 1 OZ can jump to 2 UNV.

So in any case every currency is oscillating.

End of example --------

Fix the price at 0.01 BTC, is a point of reference for people as a first step (to bring them to crypto),  then if UNV is taken as universal currency and over currencies disappears ( AND ONLY IN THIS CASE !!!!) then of course it will be oscillating.

We all need to know the value of something before investing or buying.
The main idea of UNV is to bring mass people to crypto, to make them know that there is a better world possible with crypto system !

This topic start to be very interesting  

[thimo]

This is so retarded...
20 billion 0.01 BTC = 200 million BTC...

[UNV]

This is so retarded...
20 billion 0.01 BTC = 200 million BTC...

Some people here can't understand things... definitely.

Just add all the cryptos existing, and calculate the equivalent in BTC and tell me if it's more than 21 million BTC ...

IT'S ONLY A POINT OF REFERENCE, an equivalent value, it's only a question of trust.

[Hasher99]

This project Is pretty interesting, waiting for the launch.

[gagalady]

20 Bil UNV sounds a lot but I found this project pretty interesting too, might try the IPO, also can't wait to see the exchanges that accepts UNV because I'm willing to invest some BTC

[UNV]

This project Is pretty interesting, waiting for the launch.

Thanks for the support ! 

20 Bil UNV sounds a lot but I found this project pretty interesting too, might try the IPO, also can't wait to see the exchanges that accepts UNV because I'm willing to invest some BTC

Well, ... it could happen earlier than you expected ... 

[sgk]

Will the coin be listed on popular exchanges from launch day itself?

[Issac]

So 0.01BTC..

Of course no one will want to buy any of this premined coin at that price so you will get no buyers, and lots of sellers.

As for making it impossible - are you going to check every message everyone sends?

I'm not sure you have really thought this through - or maybe you have, and you just want to cash in the premine.

[overthetop2011]

 

[UNV]

So 0.01BTC..

Of course no one will want to buy any of this premined coin at that price so you will get no buyers, and lots of sellers.

As for making it impossible - are you going to check every message everyone sends?

I'm not sure you have really thought this through - or maybe you have, and you just want to cash in the premine.

Where did you read that premined is for sell ?!?

[tertius993]

So 0.01BTC..

Of course no one will want to buy any of this premined coin at that price so you will get no buyers, and lots of sellers.

As for making it impossible - are you going to check every message everyone sends?

I'm not sure you have really thought this through - or maybe you have, and you just want to cash in the premine.

Where did you read that premined is for sell ?!?

ROFL ... in the OP you say ...

The IPO is open right now, its return on investment is 200% one day before launch.
That really means, that for example for 1 BTC invested you will have 200 UNV (instead of 100 UNV), one day before the launch.

Every investment is insured up to 100%.
Minimum IPO invest is 1 BTC.

So you are offering to sell the premine coins at 0.005 each ...

(and just to remind you that is HALF the claimed MINIMUM value for UNV ...)

[Fullbuster]

Lets give this coin a shot dear community!

[xzhybbs]

Some don't dare to believe IPO! Always feel that might be a hoax!

[UNV]

So 0.01BTC..

Of course no one will want to buy any of this premined coin at that price so you will get no buyers, and lots of sellers.

As for making it impossible - are you going to check every message everyone sends?

I'm not sure you have really thought this through - or maybe you have, and you just want to cash in the premine.

Where did you read that premined is for sell ?!?

ROFL ... in the OP you say ...

The IPO is open right now, its return on investment is 200% one day before launch.
That really means, that for example for 1 BTC invested you will have 200 UNV (instead of 100 UNV), one day before the launch.

Every investment is insured up to 100%.
Minimum IPO invest is 1 BTC.

So you are offering to sell the premine coins at 0.005 each ...

(and just to remind you that is HALF the claimed MINIMUM value for UNV ...)

Yes it's only for the IPO, As we are devs we can do such a thing BUT when UNV will be sold on exchanges, then it will be 0.01 BTC minimum value.

[tertius993]

So 0.01BTC..

Of course no one will want to buy any of this premined coin at that price so you will get no buyers, and lots of sellers.

As for making it impossible - are you going to check every message everyone sends?

I'm not sure you have really thought this through - or maybe you have, and you just want to cash in the premine.

Where did you read that premined is for sell ?!?

ROFL ... in the OP you say ...

The IPO is open right now, its return on investment is 200% one day before launch.
That really means, that for example for 1 BTC invested you will have 200 UNV (instead of 100 UNV), one day before the launch.

Every investment is insured up to 100%.
Minimum IPO invest is 1 BTC.

So you are offering to sell the premine coins at 0.005 each ...

(and just to remind you that is HALF the claimed MINIMUM value for UNV ...)

Yes it's only for the IPO, As we are devs we can do such a thing BUT when UNV will be sold on exchanges, then it will be 0.01 BTC minimum value.

So given that you are selling the premine coins as part of the IPO, and you announced the fact, why the question about where they were being sold?

Any chance of getting an answer as to how the minimum value will be enforced?

[UNV]

This is so retarded...
20 billion 0.01 BTC = 200 million BTC...

First of all UNV has a 0.01 BTC value to have a point of reference of value in the crypto community.
Then it will have also a value in $,€, £, Yuan, Yen  as every worthed crypto.

So it will be tradable with fiat currencies also, in this order UNV doesn’t need to absorb whole BTC amount.

Remember the main goal of UNV is to absorb whole world mass monetary and not just the 21 M of BTC.

[UNV - PORTUGAL]

portuguese thread: https://bitcointalk.org/index.php?topic=619602.0

I see the 200 coins IPO more 100 coins giveaway for the IPOers than you buying the coin for half price, your reward for being a pioneer.

[CryptoLaunch]