POWH Simply Explained
If you are interested in investing in cryptocurrencies, I have an amazing proposition for you. Proof of Weak Hands (POWH) – P3D. P3D is not listed in any exchange. It is just an application hosted on the ethereum blockchain. There’s no company or any owner behind it. When it started running about 2 months ago its price was around 0.002 eth, today it is around 0.019 eth. Its price is constantly increasing day by day without any fluctuations. You can have a look at its price graph here https://powhchart.com/.
How does its price rise?
For every P3D that someone buys its price rises 0.0000001 eth.
For every P3D that someone sells its price decreases 0.0000001 eth.
And because more tokens are bought than sold, its price constantly rises.
However, the most important aspect of it is not the fact that more tokens are bought than sold and that the price constantly rises (because at some time more tokens might be sold than bought which will force the price to decrease). The most important aspect is that there is a big incentive for holding on to the tokens you buy instead of selling them. This incentive is that for every buying or selling that happens in the network, ALL holders receive rewards instantly. From every selling or buying of the token 10% is held and spread throughout ALL token holders.
Moreover, there is one more incentive: If someone buys (or then sells) through your affiliate link (masternode link they call it) you get 1/3 of the 10% rewards of the selling that is shared - or every future buying or selling (this depends on when the cookie expires and this I do not know).
In reality, rewards shared are about 1-2% of your initial capital every day. Rewards are shared instantly not daily. This means that a daily (or many times a day) reinvesting will give you a 10x return on your capital in about 8 months. And since the price of P3D is fixed on ethereum, if ethereum’s price is bigger in 8 months, that’s an extra bonus for you.
The most important parameter regarding this token is that there is no company or any owner behind it, its code is finalized on ethereum’s blockchain, programmers examinded its code and found no flaws (have a look at the video that follows) and there is no possible way that someone shuts it down because there isn’t any on/off button.
POWH3D is just an application that runs on ethereum’s blockchain and as long as ethereum continues to exist, P3D will also continue to exist. Even if someone hacks its webpage, the application will still continue to function and you will still be able to have access to it directly from ethereum’s blockchain. It is completely decentralized, so no matter what they do, humans can't shut it down!!!
And by the way, today it is the No1 decentralized application on the ethereum blockchain https://dappradar.com/!!!
A good strategy that will result in both helping its price continually be rising and also our rewards continually be rising is:
- Making every day (and many times a day) reinvestments of our rewards, until our capital becomes significant enough (for me around 10 thousand dollars, euros or English pounds is a nice capital).
- Then reinvesting only 70% of our rewards, and the rest 30% withdraw it to our eth wallet.
In this way, more tokens will be bought than sold and this ensures that P3D’s price will be constantly rising.
In this way we also ensure significant rewards for us – at the level of a capital of 10 thousand (dollars, euros or english pounds), the 30% of our rewards are around 1 thousand (dollars, euros or english pounds) for one month and this might be quite a good salary for many people. Keep in mind that since we are reinvesting 70% of our rewards, the 30% that we withdraw each month to our wallet will also be constantly rising.
If you are interested in studying this token, take a look at the very many youtube videos that exist.
And if you would like to buy P3D through my affiliate link, I thank you in advance and I am most grateful for your decision. My affiliate link is: https://powh.io/?masternode=0xab735bc6d7789677240d9aa0ebaf3981b1bb0802
My Other POWH3D Articles:
POWH3D - A Money Making Machine
https://steemit.com/crypto/@flytofreedom/powh3d-a-money-making-machine
POWH3D Needs Only Long-Term Investors
https://steemit.com/powh3d/@flytofreedom/powh3d-needs-only-long-term-investors
Very informative. I like its simplicity. I would like to understand more when you say :
Thanks!
If you invest $10.000 the daily rewards are about 1%, which is about $100 a day, which is about $3.000 a month. So the 30% of the monthly rewards would be about $1.000.