[ANN] TenX: Making Blockchain assets spendable

[Euro1000]

Price of the PAY token dropped - but it is still higher than zero. So, somebody is still buying PAY. But what is the benefit of buying PAY token?
I did not find any reason in the FAQ (https://blog.tenx.tech/en-tenx-rewards-token-faq-3f5a5f6d7848) to keep it.

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[Rastamandito]

hi guys,

why ist the price for pay dropped so hard?
become pay useless because of the other token?
i thought the new token is only a reward system and the pay token stay?

[clutchu]

Hi. I have some PAY tokens on Myetherwaller from a long time. I find some info about snapshot. So old tokens are useless right now? How to get new PAY tokens?

[quality.crypto]

TenX got ranked #1 coin to watch for this week, due to the launch of the new ERC-20 rewards token.

https://coincodex.com/article/2814/top-3-coins-to-watch-jan-1-jan-6-2019/

We need a working product as they promised on the launch of this project but still no good sign when it will happen. I think these kind of new program won't be helpful for this token to get recover.

I hope the working product will always help to reach the new high value. I hope we have to wait some more time because sometimes it is very though Job to release their working we shouldn't panic about the TenX.

[akapulka]

What would burning bring if the token does not represent anything? It would basically be reduced to a collectible. A “PAY” Crypto Kittie 

I would love a PAY crypto kitty at  100 000 USD lol our reward for holding PAY token we get cryptokitties

Try CryptoFlowers, you would be able to gift it to a girl at least

[Notin2]

TenX got ranked #1 coin to watch for this week, due to the launch of the new ERC-20 rewards token.

https://coincodex.com/article/2814/top-3-coins-to-watch-jan-1-jan-6-2019/

We need a working product as they promised on the launch of this project but still no good sign when it will happen. I think these kind of new program won't be helpful for this token to get recover.

Indeed, we must be patient to wait for the product they promised because I also did not know when it happened so I thought there was no choice but to keep waiting and continue to follow the news

We've been waiting all the time, but we need some good results which is the working product, so this project will again rise in value.
The longer we wait, the more the price will go down because the competition in the market is wide.
I know there are still a lot of people who still trusting TenX, I hope they will get their big expectation this year, good to start positive this year.

And you have to continue to wait untill such a time when the team are able to attach real value to PAY tokens, otherwise just mere speculations won't do much to increase the price,   gone where the days when speculations were only the basis of inflating price, now tokens must have real life usage otherwise token become worthless.

Now there are many similar project like TenXPay in the market who are looking even more promising and maybe in no time can offer card services and people can spend crypto using their cards, i think TenX should hasten in this aspect to bring value to PAY tokens.

[gembira]

And you have to continue to wait untill such a time when the team are able to attach real value to PAY tokens, otherwise just mere speculations won't do much to increase the price,   gone where the days when speculations were only the basis of inflating price, now tokens must have real life usage otherwise token become worthless.

Now there are many similar project like TenXPay in the market who are looking even more promising and maybe in no time can offer card services and people can spend crypto using their cards, i think TenX should hasten in this aspect to bring value to PAY tokens.

Which value you mean? After 2 years after ICO they srill don't have cards.. and only empty promising and useless conferences on which they spending 100 mln raised on token sale. Their tokens will don't have any real value without cards as this was they main and promised product which they must had deliever...

[BitPotus]

So Julian just resigned

https://twitter.com/julianhosp/status/1082864292431646720

Important News: I am stepping down as TenX president

https://www.youtube.com/watch?v=n4xjbUKTzuw&app=desktop

here he is pretending to be close to tears like a fucking dramaqueen scamming cunt....

[EustaceBagge]

So Julian just resigned

https://twitter.com/julianhosp/status/1082864292431646720

Important News: I am stepping down as TenX president

https://www.youtube.com/watch?v=n4xjbUKTzuw&app=desktop

here he is pretending to be close to tears like a fucking dramaqueen scamming cunt....

You think he is a scammer? Perhaps this is just due to poor planning and financial management. After all, there were news that many ICOs sold their ETH at the bottom.

[Taner]

There were rumors that he was engaged in the organization of financial pyramids. And this video is possible in order to avoid punishment.

[Notin2]

And you have to continue to wait untill such a time when the team are able to attach real value to PAY tokens, otherwise just mere speculations won't do much to increase the price,   gone where the days when speculations were only the basis of inflating price, now tokens must have real life usage otherwise token become worthless.

Now there are many similar project like TenXPay in the market who are looking even more promising and maybe in no time can offer card services and people can spend crypto using their cards, i think TenX should hasten in this aspect to bring value to PAY tokens.

Which value you mean? After 2 years after ICO they srill don't have cards.. and only empty promising and useless conferences on which they spending 100 mln raised on token sale. Their tokens will don't have any real value without cards as this was they main and promised product which they must had deliever...

Until they can attach real value to PAY tokens it's utterly worthless, same thing i said above, do not get things mixed up my friend,
yes the initial promise was to provide cards where people can spend their crypto for efficient liquidity but unfortunately they have not been able to fulfill this very important promise,
between TenXPay ico was conducted june 2017 so it hasn't been up to 2yrs, am sure Julian hasn't forgotten the promise made to investors, maybe securing the card is not as easy as they made it sound

[Waldozaur12]

So Julian just resigned

https://twitter.com/julianhosp/status/1082864292431646720

Important News: I am stepping down as TenX president

https://www.youtube.com/watch?v=n4xjbUKTzuw&app=desktop

here he is pretending to be close to tears like a fucking dramaqueen scamming cunt....

Another scam. They collected money and now they are running away. The market clears itself and people are  learning. ABANDON SHIP.

[Freaks]

So Julian just resigned

https://twitter.com/julianhosp/status/1082864292431646720

Important News: I am stepping down as TenX president

https://www.youtube.com/watch?v=n4xjbUKTzuw&app=desktop

here he is pretending to be close to tears like a fucking dramaqueen scamming cunt....

Another scam. They collected money and now they are running away. The market clears itself and people are  learning. ABANDON SHIP.

Agreed with you slowly slowly all people from the team will disappear and let the community with big bags and dreams. I think so it turning into nightmare for the team to make it practical in real life and this is the big example.

[Arnaud]

Reddit:

Did TenX Ex-CoFounder Julian Hosp dump 2.22M of PAY tokens on Bittrex?
GENERAL-NEWS

Speculation, of course, but here are some information that you can verify for yourself.

    TenX company announcement of Julian leaving (source)

    Julian's video on YouTube regarding his stepping down (source)

    A verified signature by Julian, linking himself to this Ethereum address #1 (signature, address #1)

    His "actual" Ethereum address #2, with multiple 6,250 PAY deposits. There is a link between address #1 and #2 with this transaction (linking transaction, address #2)

    Why do I think it's his actual address? It was pointed out on Twitter before that he was receiving 6,250 PAY every month, and he did not refute it, but said that he is "waiting for the day when PAY is 100 USD and people complain about that." (tweet pointing out 6250 PAY, his response, his response archived)

    Deposits amounting to 2,222,035 PAY being deposited into what looks like a Bittrex deposit address, with various deposits coming from address #2 and presumably other address which he is in control of (alleged Bittrex deposit address)

    Other than the initial 1.5M PAY tokens deposited 5 days prior to the end of 2018, the rest of the deposits came in AFTER the snapshot for their new token was taken, after 1st Jan 2019 (snapshot details)

    Price of PAY/BTC on 25th Dec, before the deposits came in: 0.00010783
    Price of PAY/BTC on 9th Jan, as of the time of posting this: 0.00004950
    Price change in BTC: -54%

Summary notes:

There are 2 batches of tokens that were seemingly sold: 1 before the snapshot, 1 after the snapshot.

I believe the 1st batch of tokens sold before the snapshot was his "own" tokens - ie. PAY tokens that he bought with his own money off Bittrex and OKex for his personal trading / accumulation. As it was not "given" to him from the company as salary or benefits, there is no "lock up" to those tokens. These ~1.5m tokens were deposited into Bittrex and to take advantage of the price pumping into the snapshot hype.

I believe the 2nd batch of tokens sold after the snapshot was his "salary or benefits" tokens - ie. PAY tokens given to him as remuneration for his work at TenX, which is likely to have a legal lock up or holding period. Hence, the movement to the exchanges AFTER 1st Jan 2019, 00.01 +8 GMT time (TenX is based in Singapore which is +8 GMT).

It seems highly likely to me that Julian has dumped all his PAY tokens trying to sell the intermediate top into the hype surrounding the token snapshot. The price has fallen dramatically over the past 2 weeks, since the deposits came in. The snapshot period is also the perfect smokescreen to cover him exiting his position, since volume before and after would be higher than usual.

What do you guys think of my gathering of facts? My speculation? Of Julian?
What do you guys think are the implications on TenX as a crypto services company?
Would you trust them? What is their image like to you?What do you think of PAY token and their new TENX token?

I would like to hear your thoughts on this issue.

Edit: formatting

https://www.reddit.com/r/CryptoCurrency/comments/ae4ukr/did_tenx_excofounder_julian_hosp_dump_222m_of_pay/

[Arnaud]

PAY ticker now changed for NOPAY

[1ce]

loool...
«monkeys went to spread the gossips about what they don't know for sure» © Rudyard Kipling
 

[ningrum]

So Julian just resigned

https://twitter.com/julianhosp/status/1082864292431646720

Important News: I am stepping down as TenX president

https://www.youtube.com/watch?v=n4xjbUKTzuw&app=desktop

here he is pretending to be close to tears like a fucking dramaqueen scamming cunt....

You think he is a scammer? Perhaps this is just due to poor planning and financial management. After all, there were news that many ICOs sold their ETH at the bottom.

we have to be a little calm and don't worry, because TENX will be fine,
indeed there are bad news about their team, I'm sure PAY will rise again

[BiteMyShinyMetalAss]

Has anyone in Singapore received a card? I still havent asked for a refund myself and all the family i bought cards.

I saw videos of team using cards, but has a single normal person got a card? If people got cards, then its just Julian resigning and not a scam taking place.

[mangrooooo]

 
Finally, this SCAM is close to the end. As many others.

[gembira]

And you have to continue to wait untill such a time when the team are able to attach real value to PAY tokens, otherwise just mere speculations won't do much to increase the price,   gone where the days when speculations were only the basis of inflating price, now tokens must have real life usage otherwise token become worthless.

Now there are many similar project like TenXPay in the market who are looking even more promising and maybe in no time can offer card services and people can spend crypto using their cards, i think TenX should hasten in this aspect to bring value to PAY tokens.

Which value you mean? After 2 years after ICO they srill don't have cards.. and only empty promising and useless conferences on which they spending 100 mln raised on token sale. Their tokens will don't have any real value without cards as this was they main and promised product which they must had deliever...

Until they can attach real value to PAY tokens it's utterly worthless, same thing i said above, do not get things mixed up my friend,
yes the initial promise was to provide cards where people can spend their crypto for efficient liquidity but unfortunately they have not been able to fulfill this very important promise,
between TenXPay ico was conducted june 2017 so it hasn't been up to 2yrs, am sure Julian hasn't forgotten the promise made to investors, maybe securing the card is not as easy as they made it sound

Yes, almost 2 years. But this does not matter. They promised crypto cards but in fact they don't have nothing after so long time. And even they can't issue card even if they want to do this, because Visa and Mastercard want not works with this.
And information about their CEO and another scam in 2011 making this project more useless and suspiciously...