Sweat is a tradable commodity in its own right, and the price of sweat is increasing. What could this mean for people who sell their sweat? How might traders try to make money from sweat? And how can you use these trends to your advantage by selling your sweat? These are all questions that need answers. This article will hopefully provide some insight into these issues.
In recent years, we have seen a trend toward turning human bodily fluids like sweat into an asset, which can be traded for cash or other benefits in the future. Traders, who are now trying to profit from the rising prices of sweat, would traditionally sell their sweat for a good price and then use the proceeds to buy something else. But in the past few years, with the rise of online trading platforms like FICs (Financial Institutions for Collecting Sweat) and other trading methods, traders have started to recognize sweats as a tradable commodity on their own.
Sweat can be traded for cash, gifts, or other benefits in the future. How is this done?
The key to trading sweat is the ability of traders to predict its value. Whether you can predict a price for sweat is a question of your understanding of what ‘sweat’ means for a particular person. If a trader can find out that A’s sweat will always have cost B 0.1m per unit since yesterday, then the trader can make predictions about how much money A is likely to have earned as well as how much he will pay for his sweats. If you think that sweat cannot be predicted because nobody knows what their sweat will be worth tomorrow, then this would not work out. As seen in the chart of sweat prices below, (measured in Euros) the price of sweat has been going up steadily for years. The most obvious explanation is that people are willing to pay more for sweat every year. People have increased demand for sweat, without a corresponding increase in supply.
This means that at all times, there is an excess demand, which drives up the price of sweat. The price of sweat has gone up every year since 2009. However, the data for 2014 is not yet available and therefore does not appear on the chart. But it is likely to be a record high, as the trend towards paying more for sweat has been increasing rapidly in recent years.
What is Sweatcoin?
Sweatcoin is a cryptocurrency (cryptographic token) built on blockchain technology. It is intended to be used as a medium of exchange, or as part of an exchange, by members of the FICs. The general concept behind a cryptocurrency is that it is not sanctioned by any government and instead rests on the idea that investors will trust the integrity of the system. This means that it will be up to the traders on FICs to decide how much each sweatcoin is worth. The chart below shows how much a sweatcoin was worth compared with gold, the US dollar, and other cryptocurrencies during 2016. The price of a single coin has increased steadily in the past two years. It is likely due to the increasing popularity of FICs as trading platforms and their willingness to accept Sweatcoins as payment for their services. However, there are still only an estimated 2 million users worldwide (as of 2016), which means that relatively few people can participate in this market at this time.
Sweatcoin Price Prediction
Starting with the assumption that FICs will continue to accept Sweatcoins, it is possible to make assumptions about how much a single sweatcoin will be worth in the future. For example, if we assume that FICs have been accepting Sweatcoins since the beginning of 2015 and have now processed a total of $1.2bn worth of sweat transactions. Then every single sweatcoin will be worth 1m USD in two years. If we assume that the number of sweat transactions processed by FICs will double every year, then in 2 years, FICs will have performed sweat transactions worth $2.4bn. This means that in three years, it will be possible for you to sell your sweatcoin for 2m USD, by selling it at the current market price (1m USD).
