BBD Coins Will Reach $1000 Per Coin?

Good question, so BBD's don't have a fixed supply. They are always relational to BTCMYK. So means they can be constantly reissued and held from the market in relation to price and supply of btcmyk. So unlike btcmyk tokens that do have a fixed finite and reducing supply. BBD's operate in supply relational to btcmyk.

So it's interesting because bbd's also act as a liquidity pool for btcmyk in a reducing supply. So if you had a btcmyk token worth $100, bbd's could be reissued in relation to that. This does not do anything to the supply of btcmyk. bbd's are only redeemable on a 30 day average of the price of btcmyk.

So in the event the market liquidity of bbd's became insolvent for whatever reason. The bbd holder can at anytime redeem bbd's for btcmyk. However it would follow a 30 day average. Also because bbd's act as a liquidity pool this also means btcmyk's are constantly being taken off the market by bbd's.

BBD's would always only be redeemable at the rate of the usd value of bbd's per rate of btcmyk usd value. So for example 100 bbd's at this rate which for example would be around $111. It could only redeem the 30 day average of btcmyk that would equate for $111. So as bbd's are a continual liquidity pool for btcmyk. This means these btcmyk would always be relational and available to the redeemer.

Also the amount of bbd's redeemed would probably we would estimate be less than 30-40% or less every 30 days. We at very deflationary btcmyk the value of btcmyk would more than likely keep increasing. Which means less btcmyk would be redeemable for bbd's.

Any large market dumps would bring down the btcmyk 30 day redeemable average. However the bbd liquidity pool could then take the btcmyk off the market for a reduced rate further decreasing the btcmyk supply. So it's a very simple but complex system. There will never be more bbd's issued than relational to btcmyk supply its value and the liquidity pool ability to remove btcmyk off the markets. So bbd's are inflationary there is no fixed supply but their issuance rates will increase, decrease or in some cases not be issued at all depending on market conditions.

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