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RE: No cinnamon to start the week, but ill rock this Blueberry Muffin coffee instead.

in Cinnamon Cup Coffee • 3 years ago

Tipping tokens would encounter inflation problems sooner or later, but what I was referring to was the fact that if the tokens are priced the same, we get 10 times more value by getting tipped unit tokens (such as !LOLZ and !LUV) because you get 1 full token from those. 😏

3 years ago in Cinnamon Cup Coffee by
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     3 years ago  

    Yeah I got that... But I was thinking that maybe at the time of starting the wine, beer and pizza have been unit tokens as well. Could be mistaken in this. !LUV

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     3 years ago  

    There is what we call "unit bias", where fractional numbers are avoided as much as possible. 🤓 That's what !LOLZ and !LUV follow. 😏

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       3 years ago  

      Thanks for the explanation and obviously as well for the tokens! !LUV
      I've never heard of unit bias and the motive to follow this or not...

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       3 years ago  

      Seeing numbers less than 1 (such as 0.1) usually makes the amount appear to be "small", regardless of the price of the token. 🤓 For example, if you have 1 of Token A which is worth $0.1 each and 0.1 of Token B which is $1 each, it will sometimes appear that your Token A has more value than Token B even if they have equal worth based on the quantity you have for each of them and their price. 😏

      Thanks for the !LUV! 😀

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         3 years ago  

        That makes sense. Thanks! !LUV for you as well :-)

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         3 years ago  

        That means when you want to create a new Hive-based token, you should keep the unit bias in mind! 🤓😅

        Thanks for the !LUV! 😀

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           3 years ago  

          lolztoken.com



          Did you know that protons have mass?
          I didn't even know they were catholic.
          Credit: reddit
          @svanbo, I sent you an $LOLZ on behalf of @savvytester
          Release your inner Rock Star with Rising Star! The best #play2earn game on Hive! Play for Free!
          (1/4)

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             3 years ago  

            lolztoken.com



            Why does Davy Jones never bend his knees?
            Cause they're always Kraken
            Credit: reddit
            @svanbo, I sent you an $LOLZ on behalf of @savvytester
            Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
            (1/4)

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