With 1 billion Pocket Tokens claimed -a new market is emerging.

https://steemit.com/pocket/@biophil/pocket-day-7-over-a-billion-tokens-claimed

Find out how to claim yours now…

https://steemit.com/pocket/@biophil/how-to-claim-pocket-genesis-now-that-7-days-have-passed-this-will-work-until-monday-september-11

or read all about it with the introductory post by Biophil

https://steemit.com/pocket/@biophil/pocket-announcement

Now a market is emerging…

https://steemit.com/steem/@armandocat/i-m-selling-my-pocket-tokens-here-is-way#@cryptick/re-biophil-re-bbrewer-re-biophil-re-bbrewer-re-armandocat-i-m-selling-my-pocket-tokens-here-is-way-20170903t065359172z

#However, with new markets come new possibilities.

You may all remember the first time a pizza was sold for bitcoins.

https://www.coindesk.com/bitcoin-pizza-day-celebrating-pizza-bought-10000-btc/

Now they claim that pizza went for millions of dollars!

Well it is time to have some fun with our new pocket tokens

Now one concept I am very familiar with is market capitalization.

If you have a company and it has one million shares of stock and they are trading at $1 the market cap and value of the company is one million dollars.

(Number of Shares) times (Price) equals Market Capitalization

Now if mid-day the stock starts trading at $2 the company then has a market capitalization of $2. If this is to happen a few things are needed. There needs to be a market. This requires buyers and sellers. And there needs to be a sale. Now I am not a lawyer, but in order to be legitimate one needs to do a few things. There needs to a real sale. There needs to a transaction. And if something of real value is sold and exchanged with proof it is easier to claim that a real transaction took place.

Now those in the stock market know that when a stock happens to sell at a high price you don’t get to go back and retroactively sell your stock at the day’s high price. If you are not in the market …tough!

It is also pointed out that there are over 1 billion pocket tokens.

Everyone was issued 1,000,001 pocket tokens.

So if we have an auction. And one pocket token is sold for $1.

Then everyone –who has not spent pocket tokens can claim to be an instant millionaire!

How long this lasts is another issue. If there is a legitimate transaction it is the case. Or so at least we can argue!

Now if I sell a pocket token for $2 everyone who has pocket tokens is a multi-millionaire!

If I can get someone to send me one bitcoin for one pocket token.

Note: Here is a bit coin address…

And bitcoins are worth $4,300 each and there are only going to be 22 million of them.
Now if you give me one bitcoin, that would make Pocket Tokens, instantly and until the next transaction clears the most valuable crypto currency out there with a market cap of more than $4,300,000,000,000. That could take a good chunk out of the national debt.

That would be cool.

Now this would only be the case for a few minutes; but nonetheless it would be the case. All other people do not get to retroactively sell their tokens at a high price.

But I realize that even though I put a bitcoin address in here twice

You are all smart people and are not likely to send me real money.

So rather than bidding higher for price for one pocket token. We can auction off at a set price for ever smaller portions of a token. Money isn’t everything.

Rather than send me 10 dollars for one token.
You could send me 1 dollar for one tenth of a token.

See if you buy 1/10 of a token for $1.
That still means the tokens are worth $10 each.
Everyone is still worth 10 million dollars (for 3.14159 seconds or something like that).

Now if you buy 1/100 of a token for $1;
Then every token is worth $100.
And we are all worth $100 million!

Everyone wins!!!

As you can see by buying less of a token, the market cap goes higher and higher. And if the winner of the auction actually puts a one dollar bill in the mail and mails it to me we could have real proof! We both could post pictures of the hand written letter and the dollar bill as real proof that the transaction actually took place. I know a stamp is going to cost you $0.49 cents. While a greenback would be nice and would look cool. A $2 bill or even a penny, or foreign currency of some sort would also be accepted. Beggars can’t be choosers. How creative can you get?

But we want to have a little fun with this. We both get bragging rights, blogging rights and the knowledge that we are blazing a new frontier.

Potential fame and fortune is available to all!

Our fun now can be the stuff of future legends.

If someone can theorize about the US treasure minting a trillion dollar coin
https://en.wikipedia.org/wiki/Trillion_dollar_coin

We can create the highest market cap crypto currency that ever existed!

Well since we have a market lets have some fun –tongue in cheek- and do the things that would make a funny post.

So here are the terms and conditions:
Note terms and conditions are all retroactively changeable at any time the auction host feels

1. I am willing to sell some pocket tokens.
2. I want to get the most for my tokens so I want to entertain whatever offers give it the highest market value.
3. Bitcoins are divisible, however, according to biophil, Pocket tokens are not. As a result all deliverable pocket tokens will be rounded up. So no matter how small of portion you bid for you still get one token. (But the world gets a higher market cap!)
4. All offers are entertained, especially entertaining offers.
5. This auction will be open for 7 days.

While I anticipate the winning offer will be for some small fraction of the pocket token, how small is open and terms and conditions are available for great creativity.

So please place your offers for my pocket token that is for sale in the comments below!