Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PROC]---ProCurrency---| COIN BACK REWARDS |Wallets Released~~~
by
ManFoundStanding
on 19/07/2017, 21:35:08 UTC
Hi Dickie,

First off you took my post and mixing it with another person's post.  (I would appreciate you not doing that in the future.)  So for clarity's sake, I did not post the quote talking about the "Market Cap" so technically the other person you are quoting is correct.  You will have to ask the original author your question about Onecoin since I do not know what he is referencing but I would guess it probably was that company.  

With the free money -- companies do this thing all the time.  Why is my local Walmart currently selling pens during the start of school at a loss?  Because they make a bunch more money selling their other school supplies.  Now iProNetwork is not giving away free money, they are giving away Pro Currency.  (A currency that cost them very little out of pocket to produce.)  Yes that could bite the currency hard if major dumping went on, but it also is a solid proven marketing technique to get people in.  Hopefully they can make it a winnable solution for the currency but only time will tell.  I am just happy I got in when the coin was 3 cents and now have back all my original investment plus a bunch more.  Again I don't know if this Pro Currency is going places or not.  If it is going up, up, up . . .  well I just lost a bunch of money I could have made by holding on to my coins.  But since I don't have a crystal ball, I chose to be conservative and pull out my original investment plus more.  That way if it tanks, I am safe and happy on what I already made.  

Now to answer your question, the "huge 15 billion coins number is going up" because that is in their design as per their white paper.  They are giving staking and other purchasing rebates.  Maybe you should read their white paper that talks about all of this.  (They stated they put in a huge number of coins to purposefully keep the price of the coin lower.  They would much rather see the price of the coin say at $5 dollars than they would at $500.)    

So what is your argument?  About it making money, about it being around long term, or something else?  It already made me over 4 times my original investment and I am holding on to the last of my coins to see if they can make the value go into the dollars or tens of dollars.  

I am very much not a fan of the MLM's I have seen.  (I am only in this one iPro MLM and that was just because I took some of my profits from my coin and decide that I would get more coins with it to hold for a couple years.  I am not sure I am going to promote it but only time will tell.)  I do agree that most MLM's push products that you can find quite similar on the open market for less and there are a lot of "used car salesmen" like scammers in the industry.

Once again only time will tell if this is going places.  I would love to see their goals met by the end of 2018.  If they do that, they will be very much a success in my eyes.  It should be quite interesting to see what they are going to be doing over the rest of the year.