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Author Topic: Is utility token trading actually dead?  (Read 315 times)
enhu
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September 17, 2019, 03:23:41 PM
 #21



Utility tokens are going to be a good investment if its platform is going to be used by users. If not, I guess it will just die. Team celebrates  and go on to another project. BNB stands out the most besides ETHER since BNB is quite really useful in the exchange. They've also mandate those who tokens wanting to be listed on their DEX to pay BNB, hell thats a good reason to buy BNB.

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mersal
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September 17, 2019, 04:39:14 PM
 #22

There is no utility for the tokens yet which means the prices were simply depends on the hype of crypto trading.So until the mass crypto adoption takes place the price will be driven by the traders and influences so if you don't want to hold until the adoption happen then go for the coins like bitcoin.
maianh09
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September 17, 2019, 04:53:49 PM
 #23

Binance is still being hyped by now. Even with all those mistakes that they have made and a lot of negative feedbacks they are still in the number 1 spot. You could call this already a hype.
Just talking about it increases its dominance again.

Utility tokens. Yes, I think there is not much usage for them now. BNB though makes it cheaper to trade in Binance so I would also pick to use it rather than being charged with Bitcoin or other coins.
Maybe you know that Token can be killed at any time or become Token of top 100 CMC. Traders and whales determine the value of a token. When any whale makes a decision, it can turn the Token into garbage or gold. Everything is getting better when listed on BNB.
Bisbee
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September 18, 2019, 08:49:15 AM
Last edit: September 18, 2019, 09:51:47 AM by Bisbee
 #24

I prefer to trade utility tokens of only those projects that have a working product that is developing and its popularity is growing. Because the price of a coin can fall at any moment, especially when a team or bounty hunters start selling their tokens, especially without a finished product and in the initial stages, no one knows whether the project will be successful or not.

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Kasabus
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September 18, 2019, 12:52:58 PM
 #25

Binance is still being hyped by now. Even with all those mistakes that they have made and a lot of negative feedbacks they are still in the number 1 spot. You could call this already a hype.
Just talking about it increases its dominance again.

Utility tokens. Yes, I think there is not much usage for them now. BNB though makes it cheaper to trade in Binance so I would also pick to use it rather than being charged with Bitcoin or other coins.
Maybe you know that Token can be killed at any time or become Token of top 100 CMC. Traders and whales determine the value of a token. When any whale makes a decision, it can turn the Token into garbage or gold. Everything is getting better when listed on BNB.
If it has a working product already, it will be not like that and of course, it will survive from the market crisis. Well, it likely to see that most tokens don't have a good market value nor investors appreciate it. Though we think that its creation serves its purpose but not actually we feel it besides, many investors suffer big losses because they trust this thing.

BNB did an impressive market growth because investors see assurance with this coin and exactly they never fail of what they are expecting to happen. Binance market support is in place and ain't no wonder that they will have a good reputation. 

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September 19, 2019, 03:53:24 AM
 #26

This is 2019 and most investors are now wise, investors do not just invest a utility token because of its hype but rather because of its real world usecase. Every project that want ls to survive should spend more time 8n developing their peoject instead of just living by telegrm hype

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