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Analysis of the market for cowboy credits:
Oh - this is great, thanks!
1cc=1sat forever as far as SN is concerned.
I have been intentionally facetious about all of this.
My personal view is to keep the ccs flowing by frequently zapping good content. That way, they are value accretive and this exchange business can be left alone.
Another view is to realize that the half-life of a CC is two zaps
I only actually got a little over 1k CC's, because of the sybil fee. It didn't seem worth making a stink about, though.
The question is if CC's can be sent directly to another stacker's wallet with no fee. Otherwise, the fee on zaps is 30%.
30%
So if he zapped you 1300 then why didn't you get 910? Is there a fee I'm missing?
It shows 1300 on the comment but he received 910. We show the amount that was spent, not the amount that was received.
I only actually got a little over 1k CC's
It sounds like he got even less maybe
Just looked up the comment, it was 1443 and 70% of that is 1010.
edit: but two zapped this comment, so not sure how much were for the trade.
I didn't realize it was two zaps. I had just checked it in my statistics, which showed 1443 zapped for 1010 CC.
You can see it if you click … > details on an item
two zapped this comment
Wasn't me.
I assumed he paid 1300, as was offered
bc he zapped 1443 CC's
Ahhh I see
@ek
Since CCs cannot be sent outside of SN, then rewards fees need to be taken into account in any "open market" exchange. Does that mean 1sat=0.91cc now?
Cf. #935412
🐂ish