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RE: Why is Quintric More Tempting than Bitcoin As A Store Of Value - Legal Tender Laws Explained

in #bitshares7 years ago

Playing the math of the US Minted SILVER coins. 16÷55=0.290909~

1-0.290909~=0.70909= about 71%

So once the value of 20 QuintS rises in crypto form about 71% the value of the tokens will equal the actual value of the spot price for Silver bullion itself.

If the 71% rise in QunitS goes beyond this point Quintric crypto will be more valuable than spot price silver and the liquidity on the Bitshares exchange will explode.