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Topic: [ANN] UniversalCoin (UNV) - The 0.01 BTC minimum value coin - - page 6. (Read 29100 times)

legendary
Activity: 938
Merit: 1000
 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Somehow I think this will still make him money..

20 Billion coins @ .01 BTC. To start with!!!! This is definitely the boldest delusion of grandeur yet.

member
Activity: 101
Merit: 10
Honestly, i think we all under-estimate this coin..


This is quite possibly the funniest thread I've ever seen.

Dev has quite literally tried to get away with a $57.8 billion PREMINE

Where are the irrational claims to go with this ludicrous premine? Surely dev must be doing something with the money?

You could buy ever member of BTC talk forums a Ferrari with that sort of money.

I'm sorry, i never post things like this, but this is just ridiculous.

If dev is trying to be funny, he succeded.
legendary
Activity: 2884
Merit: 1117
What I've missed so far? printing money out of air? really?
Let's talk about darkcoin for example, even DRK is 0.014 at the moment... so what? how max there is out there?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
member
Activity: 98
Merit: 10
full member
Activity: 308
Merit: 100
Hi,

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member
Activity: 116
Merit: 10
WOW!!!
I've read this whole thread and my head wants to EXPLODE!!!!!  Embarrassed
Based on today's BTC value = $578 per 1.0BTC

Ok...so.... 1 UNV = 0.01BTC = $5.78
Your claiming your 20 Billion UNV has a value = to $115,600,000,000 ($115.6 Billion USD).
Of that $115.6 Billion USD value you have mined 50% already... which = $57,800,000,000 ($57.8 Billion USD).

Sooooo.... Please help my stupid, uneducated mind grasp this great concept of yours?

I'll lay down easy questions that you can easily reply to and help myself and others understand.
Here we go...

1) What Exchanges have you talked to that have agreed to lock in the value of 1 UNV = 0.01BTC?

2) Please explain to us long time traders how "Supply and Demand" really works and how it relates to your argument that 1 UNV will unequivocally equal 0.01BTC once released?

3) What happens when UNV goes live on the exchanges (assuming they agree to a locked rate) and no one buys 1 UNV to 0.01BTC rate? Then what? Is the value still there?

4) What is UNV economic goal and plans besides Global Currency take over?

5) What if the Exchanges don't agree to lock in a 1 UNV to 0.01BTC value? Then What? How can you, as the coin developer, promise and ensure your 1 UNV will still be equal to 0.01BTC? Based just on your word?

6) Please explain how all the people in this world already have the exact same view and values as yours... and how your views and values conform to us? I failed Sociology class in College so any help would be appreciated  Wink I'm trying to find the connection between what you perceive as a value (for UNV) and how others will have the exact same opinion as you, no questions asked?

7) Please help me to understand your statement... "Remember the main goal of UNV is to absorb whole world mass monetary and not just the 21 M of B"?  How would this NOT also absorb BTC?
Please check over my math, it's been a LONG LONG time since I've been to class... so if 20 Billion UNV equals to 200 Million BTC...and there is a cap of only 21 Million BTC EVER, then isn't 200 Million still greater than 21 Million?
So to achieve a value of 200 MillionBTC with only 21 MillionBTC to ever be supplied, then each BTC would have to equal a USD value of $5,504 by time of UNV coin launch (less than 2 weeks from today!!).

Also PART 2 of this question is... how do you plan to absorb the whole world mass monetary supply? Last I check, in 2013 the USD world circulation alone was $10.3 TRILLION... yes... TRILLION !!!!!!!!!!!!!!
That's just the USD itself, not including the rest of the world currencies!!
So... if that's the case...please explain why your coin should be worth $515 per UNV (USD takeover) over any other crypto-coin? Just because you say so?



You don't need to answer all the questions I have listed... but please, at least give us a firm answer for questions #1 and #5 Grin

Thanks for your time!! I have to clean my exploded head off the floor before any stains setup in my carpet  Cheesy Cheesy Cheesy Cheesy
 
UNV
newbie
Activity: 56
Merit: 0

Why do you think that anyone is interested in this, why anyone would buy at 0.01, why anyone would enforce 0.01?
[/quote]

Here is the answer:

Because people fear to loose money, so they don't want to invest in a crypto, if they think they can loose money.
But if they are sure that there is a minimum value then they will trust in the project.

Because UNV has a real economic goal, so this minimum value is required.

How to make an exchange if we don’t know the value of both items ?
Just take a look at the gold or petrol, we know its equivalent value in $ …

If we want to build a real economic plan, then we need to go that way and not the speculate one.
We have to start somewhere with something, here is what UNV offers.

About innovation, yes innovations are goods !
But we have to know what to do with, how to do with, develop a plan.

No crypto have real economic plans, not even BTC.
hero member
Activity: 490
Merit: 500
thimo the dev
This is so retarded...
20 billion 0.01 BTC = 200 million BTC...
Hey guys,

Do you really know how works Fiat currencies value?

Because it has nothing to do with supplying and demand, in case you don't know.

Unv is one step ahead all this, the plan is to absorb whole mass monetary and not to be "just" another crypto.
In case you don't knowings hows doesing the fiatings workings(that is sarcastic, yes), it is fully determined by supply and demand.

It is a little bit more complicate than that ... Cheesy
See, you still avoid the main question and try to prove your point with pseudo intelligent responses that do not respond to the main thing people want to know: Why do you think that anyone is interested in this, why anyone would buy at 0.01, why anyone would enforce 0.01 and one i would like to add: Why do you think your outdated clone of a coin, which brings no innovation whatsoever, would be worth even a penny?

This is so obviously a scam... Either that or you should be in a mental institution.
UNV
newbie
Activity: 56
Merit: 0
This is so retarded...
20 billion 0.01 BTC = 200 million BTC...
Hey guys,

Do you really know how works Fiat currencies value?

Because it has nothing to do with supplying and demand, in case you don't know.

Unv is one step ahead all this, the plan is to absorb whole mass monetary and not to be "just" another crypto.
In case you don't knowings hows doesing the fiatings workings(that is sarcastic, yes), it is fully determined by supply and demand.

It is a little bit more complicate than that ... Cheesy
hero member
Activity: 490
Merit: 500
thimo the dev
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.

Yeah it's still retarded logic as you are unable to defend it but to close your ears, call everyone dumb and think this is going to work.

Trust me, this is retarded.

EDIT: My point was not that it is more BTC than the max supply of BTC, it's just that you expect your coin to be worth ~ $70 billion at the start.
Quote
Hey guys,

Do you really know how works Fiat currencies value?

Because it has nothing to do with supplying and demand, in case you don't know.

Unv is one step ahead all this, the plan is to absorb whole mass monetary and not to be "just" another crypto.
In case you don't knowings hows doesing the fiatings workings(that is sarcastic, yes), it is fully determined by supply and demand.
newbie
Activity: 11
Merit: 0
And wtf is an economic organ?

Quote
47.5% Held on a public address, on cold wallet, reserved for institutions and economic organs.

You almost made me spit out the water I was drinking while I read that haha
UNV
newbie
Activity: 56
Merit: 0
No. Just no. The value is determined by supply and demand, if no-one wants to buy UNV at 0.01 BTC then it does not have that value, whatever the dev claims.
+1. Only market demand can determine the real value.

Hey guys,

Do you really know how works Fiat currencies value?

Because it has nothing to do with supplying and demand, in case you don't know.

Unv is one step ahead all this, the plan is to absorb whole mass monetary and not to be "just" another crypto.
UNV
newbie
Activity: 56
Merit: 0
Hi,

I didn't want to post it on the official topic, but I had no reply about the IPO.
My ticket is number 483.

Could you help please ?

Hi Eron,

Everything's ok, check your email.
We are just a little team for the moment, so things take a little bit time.

As I saw that you're French you can follow us in the Local-French too, because we are french (in part...).

A bientôt !  Wink
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
hero member
Activity: 509
Merit: 500
Defend Bitcoin and its PoW: bitcoincleanup.com
No. Just no. The value is determined by supply and demand, if no-one wants to buy UNV at 0.01 BTC then it does not have that value, whatever the dev claims.
+1. Only market demand can determine the real value.
sr. member
Activity: 462
Merit: 252
No. Just no. The value is determined by supply and demand, if no-one wants to buy UNV at 0.01 BTC then it does not have that value, whatever the dev claims.
sr. member
Activity: 364
Merit: 250
Stand up , Stand up , Stand up !
OMG , What is It ?
sr. member
Activity: 735
Merit: 251
Hi,

I didn't want to post it on the official topic, but I had no reply about the IPO.
My ticket is number 483.

Could you help please ?
UNV
newbie
Activity: 56
Merit: 0
this is a scam

Hi what are your arguments to say so ? Are you a dev. from another coin project ? Cheesy

If people could think twice before posting bullshits it could help ...
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