Re: [ANN][PROC]---ProCurrency---| COIN BACK REWARDS |Wallets Released~~~
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LOL -- funny and true. I joined the ICO and purchased some coins. (Made a nice profit too.) After talking with people at the company, I also just joined the iPro Network and purchased a package. There is a bunch of people in the iPro Network (over 60 thousand was their guess) that have not gotten their Pro Currency yet. It has not been released to them yet. (I guess they are getting their ducks in a row before releasing it.) When the release happens, those coins will move over from one of the large wallets into their accounts. Those coins will hit the system as they place their coins into wallets for staking. So I am watching carefully to see what is going to happen over the next few months.
My thought is that when ProCurrency are distributed among some 10,000+ iPN members and coinmarketcap updates to reflect this. The "Market Cap" value should shoot up. From what I have observed with other crypto's, when a coins "Market Cap" goes up...so does the value of the coin. Their could be an immediate and high jump in value of this coin at some point and time...I think this will happen sometime in the next 60 days. Also, iPN will release 5% of coins per week so there is not a huge sell off.
I have also been to two iPN meetings in my area from top leaders in the company. Everyone I spoke to in the audience have only purchased PROC and "one" other "coin" that was promoted in another MLM company that failed to hit the market last year. Most of them were asking each other "I can't afford to buy a Bitcoin"..."I wonder if I can purchase less than 1 bitcoin"...which leads me to believe that most people in iPN are by no means experts in the whole cryptocurrency arena. This in itself will also prevent huge sell off as most will first have to learn how to install the PROC wallet, transfer PROC to it, and learn about selling coins on the market.
Right now iPN announced a promo where you get more coins with your package purchase.
Example: $100 training package will come with 1,428 Free ProCurrency until the end of this
month (July). As of wright now as I am writing this, 1,428 PROC is worth $435.93 ($0.305278/Coin)
This is kind of like walking into a bank, and they tell you they are selling $100 Bills today for $25. How many would you buy???
"Market Cap" goes up...so does the value of the coin.....
?? The market cap IS the value of the coin. So yes technically you are correct. Also, was the other coin/MLM scheme Onecoin? Just super curious about that. Also, why would they just "give away" so much free money? Once that money hits peoples wallets and they dump the coins the coin price will drop faster than my dog can take a shit. Also, I notice the "total" amount of coins has increase by approx 60k since last friday. Why is the already huge 15 billion coins number going up still? And Lastly I still follow this cause its an on going argument with a real world buddy of mine lol. and the main reason I doubt this coin is 100% because of the MLM side. I whole heartedly believe that MLM's are completely evil. On a plus side, its nice to see the daily volume finally improving on this. Dickie D.