361. Where does the money come from?
When you are going to sell your TrueCoin, there must be a buyer. He gets your TrueCoin and you get his cash. So the money you get comes from the investor.
When people are trading TrueCoin for cash, TrueCoin will get a market value. This depends on supply and demand. On how much the buyers are willing to pay and how much the seller require for selling. The market price is the meeting point where both buyers and sellers are ready to make a deal.
The market value will tell us how much a TrueCoin is worth. We can find out how many TrueCoins there are in the system and then we can calculate the total value of TrueCoin.
Let me give you an example: If TrueCoin has a market value of 1 euro and there are 5 million TrueCoin in the system, then the total value is 5 million euro. This is called the market capitalization.
This is very interesting because when we just started, the market capitalization was 0 euro. As more members are joining and we build up more trust and acceptance for our money, the market capitalization will grow fast.
Remember that these are new values that did not exist before we started. These value are the ones that we can base everything on. When we grow more confidence in our money, we will not care much if we have 100 euro in cash or 100 euro worth of TrueCoin. If we know that we can exchange our TrueCoin for cash whenever we like, we dont need to sell our TrueCoin too soon.
When we reach this point, we dont want to exchange our TrueCoins. Because we know that TrueCoin gain in value every day, so we exchange them only when we need to buy something. Otherwise we keep them.
When we start to keep our TrueCoin instead of selling them fast, we will decrease the supply on the market and the value of TrueCoin will rise fast.
So the more confidence we have in TrueCoin, the more value they will get.
If we look at it from the investors point of view, we will see the attraction of buying TrueCoin. The investors know that TrueCoin gain fast in value and that the future price will be very high. So the investors want to buy as many TrueCoin as possible for a low price and sell them later at a very high price.
When more members are investing and keeping their TrueCoins, the value will rise. TrueCoin has another way of gaining value and that is the algorithm that is build into the system.
We get 10 Global daily and convert them to TrueCoin. TrueCoin starts with the price of 1 Global and for each TrueCoin that is bought, the price automatically goes up with 0.000 001 Global.
The effect of this is that you can convert your TrueCoin to a larger number of Global over time. For every year that passes, you will get increasingly more Global for your TrueCoin.
So let me finally sum this up. When you sell your TrueCoin, you get your money from the buyer. But when you are keeping your TrueCoin, the money is created within the system. Money is created because TrueCoin gain in value because we are getting more trust and confidence in it. You will be able to see how many TrueCoins you have and their value in Global and euro. And you will see these numbers grow each day.
When you are going to sell your TrueCoin, there must be a buyer. He gets your TrueCoin and you get his cash. So the money you get comes from the investor.
When people are trading TrueCoin for cash, TrueCoin will get a market value. This depends on supply and demand. On how much the buyers are willing to pay and how much the seller require for selling. The market price is the meeting point where both buyers and sellers are ready to make a deal.
The market value will tell us how much a TrueCoin is worth. We can find out how many TrueCoins there are in the system and then we can calculate the total value of TrueCoin.
Let me give you an example: If TrueCoin has a market value of 1 euro and there are 5 million TrueCoin in the system, then the total value is 5 million euro. This is called the market capitalization.
This is very interesting because when we just started, the market capitalization was 0 euro. As more members are joining and we build up more trust and acceptance for our money, the market capitalization will grow fast.
Remember that these are new values that did not exist before we started. These value are the ones that we can base everything on. When we grow more confidence in our money, we will not care much if we have 100 euro in cash or 100 euro worth of TrueCoin. If we know that we can exchange our TrueCoin for cash whenever we like, we dont need to sell our TrueCoin too soon.
When we reach this point, we dont want to exchange our TrueCoins. Because we know that TrueCoin gain in value every day, so we exchange them only when we need to buy something. Otherwise we keep them.
When we start to keep our TrueCoin instead of selling them fast, we will decrease the supply on the market and the value of TrueCoin will rise fast.
So the more confidence we have in TrueCoin, the more value they will get.
If we look at it from the investors point of view, we will see the attraction of buying TrueCoin. The investors know that TrueCoin gain fast in value and that the future price will be very high. So the investors want to buy as many TrueCoin as possible for a low price and sell them later at a very high price.
When more members are investing and keeping their TrueCoins, the value will rise. TrueCoin has another way of gaining value and that is the algorithm that is build into the system.
We get 10 Global daily and convert them to TrueCoin. TrueCoin starts with the price of 1 Global and for each TrueCoin that is bought, the price automatically goes up with 0.000 001 Global.
The effect of this is that you can convert your TrueCoin to a larger number of Global over time. For every year that passes, you will get increasingly more Global for your TrueCoin.
So let me finally sum this up. When you sell your TrueCoin, you get your money from the buyer. But when you are keeping your TrueCoin, the money is created within the system. Money is created because TrueCoin gain in value because we are getting more trust and confidence in it. You will be able to see how many TrueCoins you have and their value in Global and euro. And you will see these numbers grow each day.