Poloniex trading thread

If Safecoin is not divisible per normal currency rules (see 1, 2, 3 for more) it runs the risk of not being adopted by normal non technical people as unit of account (i.e. a currency) for use in transactions outside of storage allocation. Basic argument: an exotic division system needing secondary exchange markets to just divide a safecoin will exclude it from everyday use/non technical people). In this case it could be significantly overpriced at current levels as it just remains as an obscure internal network resource allocation token. A lot of its current valuation appears to assume it will have utility as an actual currency “coin” outside storage but I do not believe the developers have yet addressed divisibility, so whether it will achieve this is a big unknown. Caveat emptor.