Since I do things fast when they seem like a good idea. I have thought about backing DogecoinX by BTC. I think to start .001 BTC would cover every DogecoinX with 1/10 of a satoshi. So 10 DogecoinX would equal a satoshi. Our aim would be to mix other value to the low side and our value to the high side. This would be a trial, I will aim to aquire the Bitcoin to cover 1dogecoinX :1 satoshi just incase we go that route route in the future. But for now proposal to back 10 DogecoinX by 1 Satoshi. (It would start off like $20 gold coin nobody sells for $20) …shareholders please discuss… this BTC .001 would come from creator once deposited will not be taken back.
SH X was just deployed the other day claiming to be backed by BTC. We think they are but haven’t gotten into it. If so how much? How many Satoshi’s in a Bitcoin, 100,000,000. Okay interesting so for 1/10th of a Bitcoin we can back every Token with a Satoshi.(real Bitcoin satoshi) we don’t know exactly how to do that, but think something like that is coming. We may gradually build up to that but start where 10 DogecoinX equal 1 Satoshi. This would give something tangible to the investors and a very calculated buyback price for us. We don’t wanna be pegged to Bitcoin as we will far exceed bitcoin’s growth. This move would allow us liquidity flexibility as selling to a discount to Bitcoin would support the low side. So for a few hundred dollars I am down to attempt that. Our aim is to start out covering all 10,000,000 shares then if we burn each coin really does become more valuable. Planning stage but for $350 I am down to try it.
We think we will reach our coin sale limit by the 3rd. Last coins on the board. Sale While Supplies Last! Last Board Update By 9:40. Coins sales under .575 will be taken off by the 4th.
