Re:Worries Grow That the Price of Bitcoin Is Being Propped Up
by dang on Thursday February 01, 2018 @03:27AM
(#16280372)
I've chided that comment for some things, but pointing at the other person when asked not to break the site rules is kind of an antipattern here. You've posted a few unsubstantive comments; that's not what this site is for; so please don't do it. If you stick to the quality level of your more substantive comments you'll be fine.
> I recently created my own cryptocurrency, UCaetanoCoin (UCC), with a supply of 100 trillion and one coins, all owned by me. > I sold one to a friend of mine for $0.01 yesterday, which made me not only the richest person in the world, but also the first trillionaire, as the coins I own are valued in $1T USD. > And my UCC has a total market cap of $1T USD (and one cent). Then I exchanged a single coin with myself for $0.01. > As my coin has zero transaction cost and instant transactions (it's a badass coin), I traded it back and forth with myself 100 quadrillion times. > This generated a total traded value UCC-USD of 1 Quadrillion Dollars yesterday, more than any other security was ever exchanged in a single day.