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General Discussion / Re: Dividends?
« on: March 23, 2014, 03:57:31 am »If you split the stock all the time, you will totally remove the point of having a dividend at all, and it could affect the psychology of the market and the share price.
You probably shouldn't have any plan to split it at all, and only do it like 5 years from now when everyone is crying about it.
I could be wrong but I don't think they are planning any stock splits, just that there will be something displayed that indicates your balance in relation to all existing units.
That way even if your actual balance stays the same, this percentage indicator will go up as BTS is destroyed.
A "stock split" would make your balance show a higher number in the same way.
I haven't looked heavily into it, but I'd assume that handling destructive transaction "fees" based on percentages would mean you never get to 0 BTS since as more is destroyed the actual amount destroyed for the next transaction would be less but still the same percentage of the whole.
Edit: Oops, BM beat me to it.
