If the market cap goes down that fast it has to go up that fast too. So I could offer $1 for one trillionth of a pocket token. That would make every pocket token worth 1 trillion dollars and we would be stinking rich!
You are viewing a single comment's thread from:
It's not that simple.. You have to take into account the volume traded, if you are the only one buying at the price, you will not affect the market 😹
It would be interesting to see when lot of people start trading them!
Well. Yes. in reality I know there are all sorts of implications. However, since we have a super thinly traded commodity in a non existent market; there is no reason we can't have a little fun. Remember when the first pizza was sold for bitcoin? In seriousness; this is not all that different from the opposite Mark-to-Market rules that hit US banks at the height of the Sub-prime financial market. Not that different from Tulip mania.
Heh. You'd have to figure out a way to sell a trillionth of an indivisible token. That would be a trick!
Until we figure that out we can round up. So whatever fraction of a point is transferred we move one point.
I am going to try to do this... https://steemit.com/pocket/@cryptick/be-instant-trillionaires-with-a-pocket-token-auction