Currently Slothcoin is valued at about 8 ‰ BTC Satoshi, based data from Cryptopia Exchange. That means 125 SLOTH are needed to get 1 Satoshi BTC in return. With this value the current market capacity for Slothcoin can be calculated.
The available supply of SLOTH is about 85 billion. Divided by 125 gives 680 million Satoshi BTC, or 6.8 ฿. That is about 2839 $, or 2576 €, at current market prices. So if you ever dreamed of being a billionair, here is your chance: buy Slothcoin!
Yes, ok, you then would be a SLOTH billionair for an investment of about 30 Euro. And allthough is seems a little step from 6 to 8 ‰, it is actually a rise of 33 %. So even in that little engine that could, that slowly moving cute Sloth, there is more strength to it then you might have ever imagined.
Still going Sloth all the way.
There seems to be something to do about blocksize, should it be gigantic? Even mister Satoshi himself got involved again. Allthough that is subject of discussion inside the world of BiTCoin. Some were even asking to shut him up. Even if it seemed very likely that is was indeed the creator of BiTCoin himself. Now why should the developers listen to him right? Or should they, because he is making a legit point?
It started to go in a direction of spliting up BTC when a group developers started to try to get mainstream acceptance. In some way this would make BiTCoin about the same thing as fiat money. As a virtual version of it. That is a big deal, because at a certain point it would get regulated by law and taxed the next moment. Also Banks could have a real go at it. And major corporations too.
Now, mister Nakamoto Satoshi would have to step in, because, as far as it can be understood, this was the opposite of why BiTCoin was created.
Continue reading Difficulty and blocksize