Any price predictions for ppp?Paypie competitor ppt is around $6 I hope pppp reach just half of it
The two companies aren't really competitors and they have a different amount of outstanding tokens, so you can't compare the price like that. |
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After a significant rise in the price of Populous, there has been a marked drop in prices. Does anyone know what the reasons for this rise and fall in the price of Populous?
My guess is that some people are taking profits after the run up, plus the capital flowing into Bitcoin Cash. |
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Which group? I only know of the announcement channel...  I can't seem to link to it from my phone. Maybe someone else can post the link. |
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Then now would be the ideal moment to make a big announcement... Yeah it would be great timing for announcement. I agree to that, being quiet and not updating the thread will result to speculation and other scam accusation, the project have a good community support investment is not lacking all we need is a constant update big or small from the devs.
Agreed. They should keep us updated regularly especially our investments are melting. I just sent Melissa Sapmaz on Bitcointalk a PM about the above concerns and possibilities. Hopefully she has linked bitcointalk to her email because the last time she was online was the 30th of October... A lot has changed since then. She'll respond on Telegram if you post there. |
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I remember when I sold all my PPT for $6 each before but today I amazed how it surpassed very quickly Im following the price of this token since then and I saw how stable the price it never goes below 0.008 eth I believe price will slowly increase over time good chance to buy.
I just sold all my PPT until Populous comes out and clarifies what PPT will allow token holders to do. Everyone here is assuming PPT is some kind of equity stock. I think you will be in for a huge surprise. In fact I challenge anyone here to go ask Populous this question: "If PPT is trading at 100 dollars per PPT on the exchanges, will Populous allow me to buy 100 dollars worth of invoices on the platform per 1 PPT?" If they answer Yes, then I will go and immediate buy 50k worth of PPT. However, I doubt they will answer Yes. Sucks man now you won't get xbrl. Not a loyal investor I'm looking forward to accessing data on different companies Cause I am looking to buy back in once someone gives me a straight answer to PPT exchange value. Why is everyone assuming what they see on CoinMarketCap regarding PPT price is what the Populous company will let you unlock on their platform? Did they ever say this? Did they ever say if PPT is trading at 5 dollars on the exchanges, we will let you buy 5 dollars worth of invoices? I would like to be proven wrong, but so far not one person can give me a straight answer You'll be able to purchase invoice contracts when the beta is out at whatever the price is at any given time, it's not complex. Each contract period will differ as the price will increase monthly as these supply tokens are locked up in contracts and smart/fresh money is demanding their way in. The CMC price is exactly the price that PPT will be using on their upcoming platform. Implying otherwise is suggesting of nefarious intentions and they've never had that smell about them at all. But, go ahead and sit on the sidelines while the rest of us finance invoice contracts and become titans. I just asked around in the Telegram channel and guess what. People are saying PPT will allow a discounted purchase amount to exchange price. Some say it hasn't even been determined yet. LOL, you guys have no idea what you are buying. Imagine if Populous came out and allowed 1 PPT to buy .50 of USD invoices..... Why are you so worried? You already sold. Stop concern trolling you can still jump back on at $10 without your xbrl that way we're all happy. Cause Populous may be a good investment and I am looking to buy back in. Before doing so, It would help for clarification on PPT exchange rate. Those that invest big amounts of money and don;t even ask the obvious questions are bound to lose money If you want your questions answered directly by the team, join the Slack group. There's a lot of moving pieces, but the answers to your questions are there. For what it's worth, don't assume everyone here has no idea what they invested in. A lot of the PPT token holders in Slack and Telegram know how it works (and know that it's not equity). The problem with here and Telegram is that you don't really know who's answering your questions, so go straight to Slack if you're really serious. Also, you will be able to invest in invoices based on the market rate of PPT. It may not be a 1:1 ratio if the token price is volatile though. In that case you may have to over-collateralize it. The number that's been used most is that you'll be able to invest 80% of the value of your PPT tokens. I don't think that's a confirmed number yet though. |
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I picked up some more a couple of days ago, but still feel like I need more. This is like an addiction sometimes!
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looks very interested project, and marking strategy is very sold. i think NapoleonX project is very profitable for investors and traders to part of this project. token holder can make good commission when trader trade or rent on bots. i never seen like this opportunity.
I am very interested how good such a bot can work. I think at the beginning there could be some problems which should not take place. The good news is that not only NPX token holders will benefit from the 85% of performance fees that will be collected as rent over the DAFs, they will also have access to the trading signals directly for their own, but personal, usage. I'm not sure if I missed something. Can you explain what you mean by this? |
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Hello ecivfesrire and SemiSeriousInvestor,
Very good content and very impressed with the patience and effort in both of your communications. Even though I enjoy reading some of the funny stuff I like better to see good collaborative discovery process that benefits the whole community. I don't post much but read a great deal and soak up much. Maybe I should be SpongeBigglesSquarePants instead?
Anyway SemiSeriousInvestor - 5.2 "The exact value that is unlocked by the PPT will be announced in a future announcement." to possibly share my take on the PPT white paper section and most likely over-simplify the nature of the concept I have about it...
It seems possible the PPT "token" could have a reference value (poken exchange value) assigned to it for serving a function on the platform itself without necessarily translating that same value outside the system. Maybe the PPT could have a small/minor leverage advantage? This is just a guess but it would be possible (it's crypto after all) that pokens converted via PPT have a different translatable value outside the system but an advantage within when utilized for the purpose the platform is created for. Pokens obtained via fiat could potentially have a different conversion value back into PPT so as not to backdoor into PPT cheaper and still honor the equivalent fiat value at purchase. I think it's great that the platform is not closed to only PPT, and this gives me confidence in inherent future value of the token alone. Seriously though - this is just a guess. These guys are way smarter than me.
However, I believe the intent of Populous is to serve a function that mutually benefits both borrower/lender and the intent is for the main revenue to be generated from invoice factoring and not the speculation of the token. The tokens and platform are the mechanism for many little guys to realize the benefits from both directions for the sake of good business. I believe it will serve users even better the larger they can grow their lending ability if they are not whales at the start.
As for your other concern - 5.2.1 Buyback mechanism...
The way I take that is the people which envisioned this entire ecosystem have the vision to see the future of this platform. It strikes me that they already believe in it's potential and knew the capital it would take to ensure it's success. Additionally that they see the long term potential - not just a few years. They state upfront a unique business methodology of regaining the golden tickets from the open market (not destroying) which is the exact opposite of share dilution. If the PPT is on the open market nobody will know who is buying - or if that PPT will ever return to the market. I personally don't think the platform will suffer with less individual lenders though - and I bet the invoice factoring will grow steadily. There is probably a price at which I will sell mine - dunno yet - but not now. Without this platform I would never have the access to play in this sandbox. I am very eager to watch it evolve and learn as I do it.
Anyway guys, it was great to see good discussion going on. I hope my contribution is useful in some way.
This was a pretty good summary, but I'd add a couple of points: 1) According to the team, there's not a fixed price for PPT (relative to fiat or Pokens). It's been a while since I looked at the whitepaper, so I'm not sure if this is contradictory at all. I'm basing my comments on what the team says now since things may have evolved. To that point, the more your PPT increases in value, the more Pokens you should be able to buy. So you could buy $1,000 worth of PPT today and if it doubles in price, you'll be able to use the tokens to invest in $2,000 of invoices. This doesn't really answer your question about how PPT tokens derive value, but it's still an important point because it encourages people to hold on to their tokens. Also, the purpose of the buyback program is to reduce the number of tokens in circulation. PPT tokens have an advantage over fiat in the system, so there is real utility. As long as there are invoices to available to invest in, there should be demand for the tokens. Reducing the supply should increase the price per token. So, it's a combination of the supply of invoices and size of the liquidity pool that should drive value because that's what drives the utility. Now recall my earlier point that PPT value isn't tied to the value of fiat or tokens. Even if you pay twice as much per token as the last person, you're still able to invest at the value you bought in at. For example, let's say Person 1 (P1) buys PPT at $1.00 per token and Person 2 (P2) buys PPT at $2.00 per token. Each owns 1000 tokens. They will both be able to buy $2,000 worth of invoices. P1 is advantaged because he bought in earlier, but it doesn't come at a disadvantage to P2 who is still able to also buy $2,000 worth of invoices (the same amount he invested). It's not a zero sum game, but there are benefits to being an earlier investor. Again, this only works if there's enough of a supply of invoices, so you have to believe that the team can successfully attract invoice sellers. I hope that makes sense... What I am afraid of is if PPT just gets assign some arbitary conversion value, Then holding PPT is kind of dumb. FOr instance if Populous declares PPT has conversion value of 5x USD pokens, then what? Anyone that bought PPT below 1.50 is ok, anyone that bought above is screwed. ANd then after Populous declares the value of PPT, the PPT token is basically done. THere is no reason to hold it cause it can't go up more than the declared value. One is better off just holding Bitcoin and then parking it at Populous whenever one wants to earn passive income. Alot of people think PPT is some type of stock or equity and I thought that initially as well. But there is noone PPT ca act like stock the way it is structured. It is better with Populous was a public company and we just bought stock in Populous. Holding PPT seems like a gamble on what Populous will eventually declare the value to be. One example is the recent FUEL ICO. The team says they will sell the FUEL token on their platform for $1. It is currently trading at 3 cents. You cannot just assign some arbitrary value to a token and expect the market to go along. It has to be backed by something. So everyone that thinks when Populous becomes a Billion dollar company and PPT goes to say 100 might be in for a huge suprise because Populous already came out and declared the value of PPT Yes, you're right. Again, I'm makng my decision to buy/hold based on what they've said post-ICO. They could decide to change their mind and say the PPT/Poken ratio will be a fixed number, but that would screw over all of their supporters as well as liquidity pool investors. They don't really have an incentive to screw us though. You made a point earlier that keeping the price low is to their advantage because they can buy tokens back at a lower price, but that's not really true. First, the entire point of the buyback program is to support/raise the PPT token price by taking 10% of their profits to burn tokens. If they wanted the price to be fixed, spending 10% of their profits to burn tokens is literally a waste of money. Second, they are spending 10% of their profits regardless. Whether that buys them 1,000 tokens or 1 million tokens is irrelevant because they are getting burned anyway. 10% is 10% regardless of token price. I acknowledge that the team could buy 100% of outstanding tokens more quickly at a lower price, but I'm willing to take the chance that they don't want to intentionally screw token holders. If their business is successful, which I think it will be, they've got a lot to lose by ruining their reputation. Correct me if I'm wrong, but I though invoice interest was paid in PPT. There will be an established or accepted exchange value for PPT, I don't think it will be arbitrarily assigned. If not from a PPT-hosted exchange, it will probably come from a price oracle grabbing data from all (or most) exchanges. It's paid in Pokens, not PPT. |
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Hello ecivfesrire and SemiSeriousInvestor,
Very good content and very impressed with the patience and effort in both of your communications. Even though I enjoy reading some of the funny stuff I like better to see good collaborative discovery process that benefits the whole community. I don't post much but read a great deal and soak up much. Maybe I should be SpongeBigglesSquarePants instead?
Anyway SemiSeriousInvestor - 5.2 "The exact value that is unlocked by the PPT will be announced in a future announcement." to possibly share my take on the PPT white paper section and most likely over-simplify the nature of the concept I have about it...
It seems possible the PPT "token" could have a reference value (poken exchange value) assigned to it for serving a function on the platform itself without necessarily translating that same value outside the system. Maybe the PPT could have a small/minor leverage advantage? This is just a guess but it would be possible (it's crypto after all) that pokens converted via PPT have a different translatable value outside the system but an advantage within when utilized for the purpose the platform is created for. Pokens obtained via fiat could potentially have a different conversion value back into PPT so as not to backdoor into PPT cheaper and still honor the equivalent fiat value at purchase. I think it's great that the platform is not closed to only PPT, and this gives me confidence in inherent future value of the token alone. Seriously though - this is just a guess. These guys are way smarter than me.
However, I believe the intent of Populous is to serve a function that mutually benefits both borrower/lender and the intent is for the main revenue to be generated from invoice factoring and not the speculation of the token. The tokens and platform are the mechanism for many little guys to realize the benefits from both directions for the sake of good business. I believe it will serve users even better the larger they can grow their lending ability if they are not whales at the start.
As for your other concern - 5.2.1 Buyback mechanism...
The way I take that is the people which envisioned this entire ecosystem have the vision to see the future of this platform. It strikes me that they already believe in it's potential and knew the capital it would take to ensure it's success. Additionally that they see the long term potential - not just a few years. They state upfront a unique business methodology of regaining the golden tickets from the open market (not destroying) which is the exact opposite of share dilution. If the PPT is on the open market nobody will know who is buying - or if that PPT will ever return to the market. I personally don't think the platform will suffer with less individual lenders though - and I bet the invoice factoring will grow steadily. There is probably a price at which I will sell mine - dunno yet - but not now. Without this platform I would never have the access to play in this sandbox. I am very eager to watch it evolve and learn as I do it.
Anyway guys, it was great to see good discussion going on. I hope my contribution is useful in some way.
This was a pretty good summary, but I'd add a couple of points: 1) According to the team, there's not a fixed price for PPT (relative to fiat or Pokens). It's been a while since I looked at the whitepaper, so I'm not sure if this is contradictory at all. I'm basing my comments on what the team says now since things may have evolved. To that point, the more your PPT increases in value, the more Pokens you should be able to buy. So you could buy $1,000 worth of PPT today and if it doubles in price, you'll be able to use the tokens to invest in $2,000 of invoices. This doesn't really answer your question about how PPT tokens derive value, but it's still an important point because it encourages people to hold on to their tokens. Also, the purpose of the buyback program is to reduce the number of tokens in circulation. PPT tokens have an advantage over fiat in the system, so there is real utility. As long as there are invoices to available to invest in, there should be demand for the tokens. Reducing the supply should increase the price per token. So, it's a combination of the supply of invoices and size of the liquidity pool that should drive value because that's what drives the utility. Now recall my earlier point that PPT value isn't tied to the value of fiat or tokens. Even if you pay twice as much per token as the last person, you're still able to invest at the value you bought in at. For example, let's say Person 1 (P1) buys PPT at $1.00 per token and Person 2 (P2) buys PPT at $2.00 per token. Each owns 1000 tokens. They will both be able to buy $2,000 worth of invoices. P1 is advantaged because he bought in earlier, but it doesn't come at a disadvantage to P2 who is still able to also buy $2,000 worth of invoices (the same amount he invested). It's not a zero sum game, but there are benefits to being an earlier investor. Again, this only works if there's enough of a supply of invoices, so you have to believe that the team can successfully attract invoice sellers. I hope that makes sense... What I am afraid of is if PPT just gets assign some arbitary conversion value, Then holding PPT is kind of dumb. FOr instance if Populous declares PPT has conversion value of 5x USD pokens, then what? Anyone that bought PPT below 1.50 is ok, anyone that bought above is screwed. ANd then after Populous declares the value of PPT, the PPT token is basically done. THere is no reason to hold it cause it can't go up more than the declared value. One is better off just holding Bitcoin and then parking it at Populous whenever one wants to earn passive income. Alot of people think PPT is some type of stock or equity and I thought that initially as well. But there is noone PPT ca act like stock the way it is structured. It is better with Populous was a public company and we just bought stock in Populous. Holding PPT seems like a gamble on what Populous will eventually declare the value to be. One example is the recent FUEL ICO. The team says they will sell the FUEL token on their platform for $1. It is currently trading at 3 cents. You cannot just assign some arbitrary value to a token and expect the market to go along. It has to be backed by something. So everyone that thinks when Populous becomes a Billion dollar company and PPT goes to say 100 might be in for a huge suprise because Populous already came out and declared the value of PPT Yes, you're right. Again, I'm makng my decision to buy/hold based on what they've said post-ICO. They could decide to change their mind and say the PPT/Poken ratio will be a fixed number, but that would screw over all of their supporters as well as liquidity pool investors. They don't really have an incentive to screw us though. You made a point earlier that keeping the price low is to their advantage because they can buy tokens back at a lower price, but that's not really true. First, the entire point of the buyback program is to support/raise the PPT token price by taking 10% of their profits to burn tokens. If they wanted the price to be fixed, spending 10% of their profits to burn tokens is literally a waste of money. Second, they are spending 10% of their profits regardless. Whether that buys them 1,000 tokens or 1 million tokens is irrelevant because they are getting burned anyway. 10% is 10% regardless of token price. I acknowledge that the team could buy 100% of outstanding tokens more quickly at a lower price, but I'm willing to take the chance that they don't want to intentionally screw token holders. If their business is successful, which I think it will be, they've got a lot to lose by ruining their reputation. |
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Hello ecivfesrire and SemiSeriousInvestor,
Very good content and very impressed with the patience and effort in both of your communications. Even though I enjoy reading some of the funny stuff I like better to see good collaborative discovery process that benefits the whole community. I don't post much but read a great deal and soak up much. Maybe I should be SpongeBigglesSquarePants instead?
Anyway SemiSeriousInvestor - 5.2 "The exact value that is unlocked by the PPT will be announced in a future announcement." to possibly share my take on the PPT white paper section and most likely over-simplify the nature of the concept I have about it...
It seems possible the PPT "token" could have a reference value (poken exchange value) assigned to it for serving a function on the platform itself without necessarily translating that same value outside the system. Maybe the PPT could have a small/minor leverage advantage? This is just a guess but it would be possible (it's crypto after all) that pokens converted via PPT have a different translatable value outside the system but an advantage within when utilized for the purpose the platform is created for. Pokens obtained via fiat could potentially have a different conversion value back into PPT so as not to backdoor into PPT cheaper and still honor the equivalent fiat value at purchase. I think it's great that the platform is not closed to only PPT, and this gives me confidence in inherent future value of the token alone. Seriously though - this is just a guess. These guys are way smarter than me.
However, I believe the intent of Populous is to serve a function that mutually benefits both borrower/lender and the intent is for the main revenue to be generated from invoice factoring and not the speculation of the token. The tokens and platform are the mechanism for many little guys to realize the benefits from both directions for the sake of good business. I believe it will serve users even better the larger they can grow their lending ability if they are not whales at the start.
As for your other concern - 5.2.1 Buyback mechanism...
The way I take that is the people which envisioned this entire ecosystem have the vision to see the future of this platform. It strikes me that they already believe in it's potential and knew the capital it would take to ensure it's success. Additionally that they see the long term potential - not just a few years. They state upfront a unique business methodology of regaining the golden tickets from the open market (not destroying) which is the exact opposite of share dilution. If the PPT is on the open market nobody will know who is buying - or if that PPT will ever return to the market. I personally don't think the platform will suffer with less individual lenders though - and I bet the invoice factoring will grow steadily. There is probably a price at which I will sell mine - dunno yet - but not now. Without this platform I would never have the access to play in this sandbox. I am very eager to watch it evolve and learn as I do it.
Anyway guys, it was great to see good discussion going on. I hope my contribution is useful in some way.
This was a pretty good summary, but I'd add a couple of points: 1) According to the team, there's not a fixed price for PPT (relative to fiat or Pokens). It's been a while since I looked at the whitepaper, so I'm not sure if this is contradictory at all. I'm basing my comments on what the team says now since things may have evolved. To that point, the more your PPT increases in value, the more Pokens you should be able to buy. So you could buy $1,000 worth of PPT today and if it doubles in price, you'll be able to use the tokens to invest in $2,000 of invoices. This doesn't really answer your question about how PPT tokens derive value, but it's still an important point because it encourages people to hold on to their tokens. Also, the purpose of the buyback program is to reduce the number of tokens in circulation. PPT tokens have an advantage over fiat in the system, so there is real utility. As long as there are invoices to available to invest in, there should be demand for the tokens. Reducing the supply should increase the price per token. So, it's a combination of the supply of invoices and size of the liquidity pool that should drive value because that's what drives the utility. Now recall my earlier point that PPT value isn't tied to the value of fiat or tokens. Even if you pay twice as much per token as the last person, you're still able to invest at the value you bought in at. For example, let's say Person 1 (P1) buys PPT at $1.00 per token and Person 2 (P2) buys PPT at $2.00 per token. Each owns 1000 tokens. They will both be able to buy $2,000 worth of invoices. P1 is advantaged because he bought in earlier, but it doesn't come at a disadvantage to P2 who is still able to also buy $2,000 worth of invoices (the same amount he invested). It's not a zero sum game, but there are benefits to being an earlier investor. Again, this only works if there's enough of a supply of invoices, so you have to believe that the team can successfully attract invoice sellers. I hope that makes sense... |
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OK I finally found mention of PPT tokens in their Business Plan. It states:
5.0 Operations
5.1 PPT and Pokens
There are two types of digital currencies in the Populous platform – Populous Platform Tokens (PPT) and
Pokens. Both digital currencies play a different role and have different mechanism.
5.2 PPT
PPT was the token issued during the Pre-ICO to raise funds. From the discounts issued in the Pre-ICO,
there is a total of 41 million PPTs in circulation currently, with a limited supply of 53 million. PPT will also
allow access to the Populous platform, serving as an avenue to exchange Pokens and purchase invoices.
The exact value that is unlocked by the PPT will be announced in a future announcement.
It states that what a holder of PPT can actually do with a PPT token will be announced at a LATER date. Uh, say what? What exactly does this mean? Does this mean that Populous team can just assign some arbitrary value to PPT token in the future? Does this not concern anyone here? What is to stop Populous team from assigning the value of PPT to be EXACTLY equal to Pre-Sale price?
Also there is the issue of PPT Buyback as stated here:
5.2.1 Buyback mechanism
The buyback mechanism serves a few purposes. Firstly, the buyback mechanism acts as an indicator that
the platform has generated enough working capital to repurchase the tokens and utilize a portion of the
cash and cash equivalent. Upon the buyback, there will be fewer tokens available in circulation, which
enables easier transactions with the PPT in the platform as there will be lesser congestion in the
network.
-If Populous were to buy back these PPT tokens and Populous will assign the value of a PPT token at a later date, Isn't it in Populous best interest to assign as low of value as possible so it's easier to buy them back?
I find these unanswered questions quite concerning. I believe in Populous and believe that it will be a HIGHLY successful company, however I am very suspect in the value that a PPT token will have. Basically, market price of PPT token at present could be totally off from what Populous team says later on. Please can someone clarify. Thanks
Hey Semiserious investor. I'll tell you what I know, but I guarantee that it will won't completely answer your questions. The most recent twitter post from populous features them replying to a comment: "clif high discussing #PPT overtaking #ETH in value by mid 2018." Whomever runs the populous twitter responds "it's scary to know @clif_high knows how we think." Now if you're like most people you probably want to take that w/ a grain of salt because it's PR people talking. However: even if populous is doomed for success it's not a good idea to hurt the investors after posting how their tokens are going to go up. If your investors can't trust you, why should anyone trust to use the platform? I don't think they're going to run us over life that after we helped them make their company. That's just bad business. A PPT essentially is stock in the populous company. I find it hard to believe that populous would want to tank the value of their stock on purpose. Populous have done good faith things for their investors that would lead me to believe they don't want to screw us. For instance: xbrl airdrop for token holders. They have delivered on the promises to get this platform going and website. Furthermore I couldn't tell you how many companies have legitly screwed people that just came into existence after populous came out then blew up before today. Populous doesn't need to scam investors to be successful and in fact they're not nor ever have! They airdrop you tokens for holding the stock/initial token. Additionally: invoice finance is a very profitable business model especially if it can be globalized. They're going to make much more money bringing people together around their model. If they anger investors that would only fuel would-be competitors. I totally get what you are saying, and that is my initial thought as well. Until I keep digging into these PPT tokens. They are not Stock. They are not Equity. In fact, it seems to me that they are a "gift" to investors in the ICO. Populous will hopefully "reward" these investors later by assigning a "value" to the PPT token that would be satisfactory to initial investors. Now what does that exactly mean? If the PreSale ICO price was 30 cents, Populous could just assign any value greater than ICO and that would return more than initially invested. Could that be 1 dollar? 3 dollar? 10? Who knows. It is not dependent on the entire market cap of Populous as a whole. I believe Populous will be a phenomenal company. Only problem is the way these PPT tokens exist and the vague mention of them makes one kind of question their value. And also, the way the buyback is worded, it seems Populous just wants to buy them all back so they don;t exist anymore, as to not clutter the platform with too many tokens. Of Course Populous could just come out and say they will value the PPT token at 20x respective poken. Which means if you have a PPT, whatever your respective currency Poken is, you can claim 20x. So 1 PPT = 20 USD Pokens. Or, They could also just say 1PPT = 3 USD Pokens. See what I am getting at here? The wording in their business plan states they will just assign an arbitrary value to PPT at a later date. The value could be good to those that bought low, and bad to those that bought high. These are very good questions, but you're understanding of how the system works is off. Part of that is because they've provided more info since the whitepaper was published. It's late for me right now, but I'll try to explain how this works tomorrow if no one else responds. You can also ask your questions in the Telegram or Slack group. You'll find a lot of helpful people there. |
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Before discussing the price, shouldn't there be a platform to begin with? I just hope that the REAL-time is using the gathered funds to blow everybody away... while following the roadmap so hopefully before the end of this month there will be a testing of the platform.
Not really. The REAL price is based more on the underlying value of the assets that back the token. Right now this is about $8 million worth of ETH, so it's pretty easy to calculate what the token price should be. The platform might have a psychological impact in the short term, but long term it's kind of irrelevant. ... Seriously, everything you said it's irrelevant too. Trading is speculating, not calculating what's the average price is. Give some examples where you are right about the price after a project started. The price go low because they took a "break" for communicating with everyone and everything they are saying the last month (not for the budget), it was written on the whitepaper. We dont see the work they are doing and then, everyone doubt. This token is completely different than most others, so you can't really make a comparison to what others are doing. I'll admit that I have no idea how it'll actually trade because I can't guess how people will speculate. However, despite this, it's actually a pretty easy token to value. I can give a range of what the tokens are worth with pretty high confidence. This doesn't mean that my estimate is where it'll actually trade, but it is based on true value and I'd say it's a much more reasonable prediction than guesses that it'll hit a multiple of the ICO price. |
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Before discussing the price, shouldn't there be a platform to begin with? I just hope that the REAL-time is using the gathered funds to blow everybody away... while following the roadmap so hopefully before the end of this month there will be a testing of the platform.
Not really. The REAL price is based more on the underlying value of the assets that back the token. Right now this is about $8 million worth of ETH, so it's pretty easy to calculate what the token price should be. The platform might have a psychological impact in the short term, but long term it's kind of irrelevant. |
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Whats the price prediction in 2018?
Gonna take a uneducated guess. This will probably be in 2018. After REAL has a working platform maybe $1-2 dollars a token. Maybe after six months of REAL paying out ETH to holders of RPP token anywhere to $10-25 a token. I think REAL has a total of 19 million tokens, so it will be fairly easy to build up the price. I've never seen another project exactly like this so it is unknown territory. I'm sorry, but I don't think you really understand the purpose of the tokens. $10 - $25 is pretty much impossible based on the tokens use case. I also personally think $2.00 is pretty unlikely. Any upside will likely come through the RPP tokens, not the REAL tokens. Also, don't forget that even with the RPP tokens, you should be seeing gains in the form of distributions, so not all the upside will be captured in the token price. |
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The only thing we can do right now is report farm accounts as spam and hope moderators address it.
It would be great if there was a way to publicly see how many times an account was reported so bounty campaign managers could easily tell if an account should be removed from the campaign. This eases some of the burden away from moderators.
Any good campaign manager will know whether they are a good candidate or not, unfortunately at the moment there's very few managers that actually care about running the campaign and just allow anyone to join and continue spamming. I don't think making reports public will have any benefit as they don't care as long as they are getting paid anyway. The only way to combat the spam is to report it and because a lot of campaigns have public participant lists it might be easier to actually find the ones that are spamming. But making the info public would make it easier for campaign managers to do what they should be doing by making it much less tedious. |
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The only thing we can do right now is report farm accounts as spam and hope moderators address it.
It would be great if there was a way to publicly see how many times an account was reported so bounty campaign managers could easily tell if an account should be removed from the campaign. This eases some of the burden away from moderators.
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It's definitely getting worse and is ruining some of the threads I like to follow.
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where to check roadmap?
These bots are getting on my nerves...they just clog up threads. I encourage people to report spam to moderators when you see obvious bots like this. |
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What is the best entry point for BQX. My thought is lot of people holding for some time will now sell and I am hoping price to go down to .5 USD. Is this possible and will this be a good entry point ?
I think bellow $0.50 is being to greedy! Only one time since the big start is get lower that level. For me anything below $0.70 is great! I'm lucky to get in under $0.60. But for me, anything under $0.60 is accumulation time. I agree. I think waiting to get some under $0.50 is aggressive. It could happen, but I think something like $0.70 is more realistic. |
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