How will you tip a small amount of reddcoin if it becomes worth $10 per coin ?

General
1

How will you tip a small amount of reddcoin if it becomes worth $10 per coin ?
If i only want to tip $0.50 , I was wondering how you can tip Reddcoin if it becomes worth $10 or even $100 worth per Reddcoin ? is there a fraction possibility per coin ?

cheers

2

tradingplatinum you can still tip up to 6 digits after the comma, just like with bitcoin.

1 Like
3

I gues you will just tip someone 0.05 Reddcoin then

1 Like
4

iliaselfantruse tradingplatinum It’s 8 digits after the decimal :slight_smile: So even if Reddcoin was worth 1 million dollars (that will never happen though), you could tip 0.00000050RDD for $0.50 or if it was 10 million, 0.00000005 RDD for $0.50 :slight_smile:

Sloth

2 Likes
5

kaaai3 said in How will you tip a small amount of reddcoin if it becomes worth $10 per coin ?:

t tip someone 0.05 Reddcoin then

ah ok so you can tip is fractions then…gotcha. i was not sure if fractionable… ok then no problem…the concepts is solid.
Thanks guys .

It would be great if Facebook would officially use Reddcoin …but they might create their own or buy out Reddcoin i think.

1 Like
6

tradingplatinum Yep :slight_smile: Each Reddcoin can be split up into 100 million tiny little pieces!

And it would be great if Facebook integrated RDD, yes! I don’t see how they could buy it out though because it’s not a company - the only way they could buy RDD out is by convincing every single RDD user to sell their RDD to them (impossible), but the closest anyone could get is owning a 50% + majority (would currently cost about $300 million…). But since we don’t mine Reddcoin with PoSV, I don’t know how profitable that would actually be… Doing that with bitcoin would be a different story, however…

Sloth

3 Likes
7

CaffeinatedSloth
Yes that makes sense …not likely this would happen.
Thanks for you clarification. Appreciate it…
i will try to appreciate by tipping but need to get the wallet downloaded and get it all installed ; )

cheers

1 Like
8

The answer seems to already be in the wallet. Next time you send RDD from your wallet to someone else or an exchange, look carefully at the confirmation section. Not only does it say your total in RDD, but also in µRDD (micro).

See attached image:

https://drive.google.com/open?id=1TZYzK42J9S4gzGbk6qprCuPLeO_dO1ve