Will you buy a token if its price never went up and you could never sell it?

[pooya87]

Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)

You can come back and buy more of it since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.

Will you buy this token?

Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).

[electronicash]

if i want my money back, i would have to trade it to the market where i bought it. it will be good to see there will be buyers when i come back to trade. but if we can't sell them, how do we know the price is fixed?

one problem with stablecoin (USD) will be its purchasing power too. we all know how much gas per gallon already.  if today we can see $4/gallon. tomorrow we'd likely see more than $5-6. its best to buy gallons today than tomorrow. its best to try our chances in buying a coins where its value could go up.

[KaliLinux]

Buying a token I cannot sell to any other person, I would in turn assume that there might be something else the token can be used for outside selling that might be valuable to you having to buy it in the first place, but if I cannot sell and has no value added characteristics, I don't see the reason.

[DeathAngel]

No I wouldn’t buy it because I don’t see what use it would be. Inflation would render it useless. If the price never went up it’d be even worse than fiat low interest savings accounts. It’d not be of any interest to me at all.

[monineklutak]

No I wouldn’t buy it because I don’t see what use it would be. Inflation would render it useless. If the price never went up it’d be even worse than fiat low interest savings accounts. It’d not be of any interest to me at all.

What you say is true other than that buying coins that never go up will only waste time,
I don't think anyone will deliberately spend time on things that are not useful,
after all there are a lot of potential coins so there is no reason to buy such coins

[Uang_kartal]

Back then, when I wasn't familiar with the forum, I bought it and I don't know what happened next, one of them is ubcoin, which reportedly acquired and integrated the swallow on Samsung phones. Until now it's not clear. I've bought 0.5 eth.
then proceed to the airdrop and also buy it occasionally from the website. I don't regret it because I just fomo and join in. but after getting to know the bitcointalk forum at least to have altcoins, I just want to participate in the bounty. You also have the same opportunity, friend. at least it will make you have a new token token. although you can also buy it on the website in any project. I think everyone has a different analysis. if you are not satisfied with the distribution of the bounty you can buy it yourself to have more. to d save. I think you are looking for a new project token?

[livingfree]

If it's for the matter of just like having it like a display or memorabilia from a celebrity, an athlete or any known person, I guess that there will be people that will buy it but I won't.

With the description that you're saying, this is with the NFTs but with the little twist that they can sell it later. Those NFT arts that have been kept by those people that just want to buy like a piece of it because they admire the artist. They don't know how much it will be in the future but that's the other side of it, they can sell it eventually if they want to.

[pooya87]

how do we know the price is fixed?

It is a hypothetical token in a hypothetical situation. The price is fixed and you can neither sell it nor use it for anything else. You have to just own it (imagine a hypothetical NFT created for some sort of digital art or something like that).

P.S. please don't forget to also vote

[Xal0lex]

Most tokens are speculative in nature or, in rare cases, endowed with certain utilitarian properties, such as the recent token from Binance. If that token has unlimited issuance and cannot be sold even with a fixed price, then I wouldn't waste my time on such a token, even if you were giving it away as part of a generous airdrop.

[Jackl87]

Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)
Will you buy this token?

Well i also voted with "no" because i don't see any useful function in that token if the price won't fluctuate. If i can never sell that token why would i buy it in the first place. Crypto coins and tokens are mainly bought by investors because they obviously are hoping that those assets will increase in price after they have bought them. So if that possibility is not there for your token there won't be anyone that buys that token.

Or are you planning some functions for your token? Like, you get a certain share of the earnings of your project depending on how many tokens you own or something like that? Even if that would be the case though, why would you make that token unable to change it's price and sellable then?

[Bitstar_coin]

Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)

You can come back and buy more of it since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.

Will you buy this token?

Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).

What! am I running a museum or something why will i buy a token i can not sell or generate profit from? that sounds ridiculous and certainly not good for business  
Any profit seeking investor will not consider such a project a good investment. except there is some hidden benefit which i have to be aware of and must be really beneficial, otherwise it is a big No.

[Victorik]

I certainly will not buy such a token. Why would buy something that I can never sell to anyone. So, how do I get my money back? So, what will now be the essence of buying such a token?.
It doesn't make any sense to me buying such token.

[DoublerHunter]

~snip~
Will you buy this token?

^As the majority choice and I expected the answer would be no.
I will not waste my time investing in nonsense tokens that don't have value, because most likely happen, they will become a shit token even though how good the project it is. Possibly, it will dump the price in the market after there is a massive selling. It is very risky for me if we will invest in the kind of characteristic in the token, it seems we are just burning our money in that way which is not really good.
I rather invest in BTC than the useless token.

[BIT-BENDER]

Can I be able to make use of it, like would this token have Utilities, mass acceptances and also how secured would it be, I really don't mind if you created a token and it's price is fixed and there is no room to sell it of, there are already many coins that one can always sell off.

I would be interested in your token if you have good marketing and the publicity of this token leads to great acceptance. It's price fixed mean I can be at a loss with it. Already many speculations has been made on how secured some of this stable coin are, so if you can ensure security as well I believe many would be interested in your proposed token.

[bitcoin-shark]

yes i would buy tokens that I cannot resell to collect them such as tokens or nft of my favorite soccer team

[maydna]

I will not buy the token because the price is always fixed, and I can not sell it to anyone else. I will accept it if the price is always fixed, but I can sell it and buy other tokens or coins like stablecoins. I don't want to have tokens or coins that don't have any function because that would be a waste of my money. I prefer to choose coins or other tokens that are more profitable. Price will be a factor in buying and selling tokens or coins, so if we can do that, we can still make a profit. I don't think investors will want to buy it because it won't give them anything.

[Oceat]

I wouldn't waste my time or money if the latter I couldn't sell it. It's clearly no use to me the way you explained it – it will just be another trash in my wallet that's queuing along with the others that are useless too since there are no market value or exchange that would offer to trade it.

If it's just for collectible I still wouldn't buy it since it's no use and no value/I can't sell it to anyone.

[sheenshane]

A potential token that has a utility maybe.
IMO, that depends on the token and its potential, it might be 10% of your capital would be an ideal amount to invest and take a risk, tokens are very speculative and risky to invest.

If that token is backed by the community and has utility, it would be worth it, but if that's because it's a hype token and went down, that's useless.

[coin-investor]

Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed

There are two kinds of buyers in the market, the first ones are those who expect profit and the other ones are those who'll want to use that coin for specific purposes if the token doesn't have the latter there's no use in buying it.

2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)

If it has no usage or purpose, what's the use of buying it

You can come back and buy more of it since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.

Will you buy this token?

Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).

That's a big no if there is no usage and there's no profit to be made it's a shitcoin, you did not tell us the other features or characteristics of the token that you are about to be created except that you can't sell it, if there's usage or you mentioned it people will say no, but since you only mentioned you cannot sell it and you have to own it no way I will buy such coin.

[uneng]

Are you describing fiat before bitcoin was created?

Because those were 2 characteristics of fiat for me back then, since I didn't have access to another currencies, so my local fiat currency was the only option I could use, therefore it was impossible to sell it. Moreover, without access to other currencies the price of my native currency was always fixed.

I don't miss those times and for that reason I wouldn't adopt this kind of token. It's too restrictive and goes against the wide freedom we are looking for when dealing with cryptocurrency.