You are viewing a single comment's thread from:

RE: WARNING TO TENX HOLDERS!!!

in #cryptocurrency7 years ago

As I am aware the value of the tokens is in the ability to collect "interest" from a swipe of the TenX card i.e. whenever and wherever a TenX transaction is made the token holder will receive a small percentage of the transaction fee. Therefore the more tokens you hold the bigger slice of the action you will get.

If you are a long terms investor then the immediate price fluctuation may not be an issue. In fact it maybe the best time to acquire some more. Having said that, the success of the token therefore ultimately depends on its ability to sell their card to the masses. If you are a trader who like to trade in and out then maybe a time to take profit.

Sort:  

I agree, but the price is just too high. Lets do some math:
0.1% fee goes to repaying users
TKN's white paper said 14 million spent in the first year would be Great
.01 *14 million = 140,000
140,000/205,000,000 = .00068 cents a year

So the value can stack, but 66 dollars a token believe is just way too high right now

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 76620.76
ETH 2903.43
USDT 1.00
SBD 2.57