Bitcoin Forum

Hi guys,

I was wondering why TenX, that has a good working project, is so undervalued in the market?
What do we need TenX coin for? We could just use the card and app and don't care about the coin itself, is this the reason TenX is not 200 USD per coin?

Take care
F

Perhaps partly that is the reason, but also they face a number of competitors and it's not clear which ones are going to make it. Dash makes a card, coinbase has recently released one. There are many others as well. Not that it can't make it, but the road is going to be filled with obstacles.

They have to separate themselves from the pack

There are tons of competitors for tenx Project. Remember all other crypto debit card projects like tokencard, monaco etc.

This is making the price inflation hard when we think the race between them.

ist only matter of time dude you should be Patience.

Excuse my ignorance (I know nothing about TenX), but if you can use the app/card/services without buying TenX tokens, then on what basis would the TenX token get its intrinsic value from?

competition really needs to step forward if the dev wants this coin to be more popular inside crypto industry without showcasing the uniqueness
and advantages of their creation it wont be supported by most investors and traders as they always looking with edge and good potentials of
certain coins so we need to have those information and dev needs to bring out something new inside this project.

devs must works hardly if they want project take off

i m confident in the future of TenX because Butterin is advisor and they are predicted in Simpsons  ;D

https://www.youtube.com/watch?v=Yo-H4kWarYs (https://www.youtube.com/watch?v=Yo-H4kWarYs)

Tenx is a token inside the platform. They are in the process of negotiations with Visa and it is easy to convert Bitcoin and other coins for fiat.

The problem is so many competitors in the market of crypto debit cards. And users ultimately cannot tell the difference in tech. For them, if the app works, if the card works, then the token is of no value to them. And perhaps this is the ultimate goal of actual businesses that simply use tokens as a means of distributing shares and profits (except you own tokens and not shares of the company!). A stable token that is not volatile in price, but can earn constant dividends. I believe this is the difference with tokens like Monaco.

My apologies if I am mistaken, this is just my opinion. Cheers!

There is a lot of competitors and roadblocks ahead but nothing they cant win. With the arrival of more cards worldwide and TenX getting a real user base look for the project to take off then. Right now it is mainly speculation

that is fueling the surges. When real news and developments happen thats when you can expect price to moon

goddamn... because tenx is centralized. We crypto lovers dont want centralized crap. If we did we would just have a visa card.
There you have it.

I guess everybody is waiting for the deal with Visa and COMIT (Cryptographically-secure Off-chain Multi-asset Instant Transaction). also the have a lot of competition. But my money is on TenX. They are from Austria, they always deliver :)

Cheers

I think it is well sposorized

I am sure that the price of that coin is not that high because there isn't that many investors interested in putting money into it since it's fairly new.

Bitcoin price is rising again maybe thats the reason of the price is not increasing cos most all alts are down

This is the problem. Until one of these competitors steps up and takes the lead, all the different cryptos will discounted

From all the financial projects TENX is definitely the best. It's a matter of time before it's sky high.

Haven’t they just recently started issuing their cards and there was a problem with the cards for people outside  Europe. I’m not sure that’s been resolved. The token price took a dive when that announcement was made and it has not recovered yet.

Despite that i also believe in TenX and as it is adopted more widely the price will rise.

Many people are coming out with debit cards:

Monaco
Centra
Change Bank
Cryptopay

Maybe this is a factor.