Quote from: ManFoundStanding on August 09, 2017, 03:03:33 AM

Hi Drays,

I do think this thread is basically dead. So much other info (I don't have time to follow) coming from their other sources. I do have high hopes the developers will move things forward, but I am watching closely. (Their new app that comes out in a couple months sounds promising.) I don't believe I am super educated about this coin, but if I understand things correctly, their "free money" that they are releasing really is not free. (They get paid for them but through the merchants back end and through the MLM side of things.) So I will imaging over the next few months they will slowly keep raising the price over time like they have been doing.

Currently I believe they are intentionally pushing the price down and will hold it down for a few weeks. Trying to get some of the MLM people to sell their coins now. (That way they can sell them back to them for more later -- LOL.) From there, especially when the new app is out, I believe they will start to move it up once again. It will be interesting to see what happens over the next six months.

They say they want to bring in millions upon millions of people in (10 million by the end of next year). That sure can't happen until they get their act together more, but I have seen improvement and it looks like they want to succeed. Just because there are so many coins, I highly doubt this coin could ever reach into the hundreds of dollars (unless there is a major collapse of the fiat currency) even if they wanted it too. However, if they manage to only bring in 1/3 of their goal of new people into cryptocurrency, I would think/hope it would be in the dollar or two range. (I do know a good percentage of the new Pro Currency people will get interested in Bitcoin and other alt coins so that will still be good news for the crypto even if the Pro developers turn out to be scammers.)

Still watching things with hopes. Have a great day.

I do agree with some of your points. I feel the developers did
not raise enough money in their ICO to really get things moving.
I do not feel like they are trying to scam anyone at all.

The biggest source of the spread of this coin is on the MLM side.

$100 Educational Package comes with 1,000 Free PROC. This is like
getting it for $0.10 a coin. So I would imagine this coin should go
for $0.10 or greater for the rest of this month on the open market.

If next month the $100 package comes with say 769 coins. This is like
getting it for $0.13 a coin. So I would imagine this coin should go
for $0.13 or greater for the rest of that month on the open market.

Following this logic (just throwing out numbers here):
Month 3: $0.18
Month 4: $0.26
Month 5: $0.39
Month 6: $0.50
Month 7: $0.63
Month 8: $0.79
Month 9: $0.98
Month 10: $1.20
Month 11: $1.50
Month 12: $1.90
Month 13: $2.45
Month 14: $3.00
etc.

Most people on the MLM side purchase the smaller $100 & $500 training package.
With maybe 10% purchasing a $1,500 package or higher.

The people with the smaller package will most likely not sell any any time soon.
Some of the people with large packages will sell some. I personally sold a little
over $2,000 of PROC between the 1st and 8th of this month but I will be holding
on to the rest. So I guess I was partially responsible for the drop LOL...but this
drop was expected anyway by any logical person.

Note: The MLM company first started the mass distribution of the coin this month.
They had not given out any prior to this month.

I think the main thing keeping this coin afloat is the MLM side. Without it, the
coin would have been 100% dead a long time ago. Unlike most people on here, the
MLM portion is what made me interested in this coin because at least I know
their are going to be thousands out there with a vested interest in promoting
this coin!

Also, putting the numbers I threw out above in perspective.

Going from $0.10/coin to $3.00/coin represents a 2,900% increase in 14 months.

Compare to bitcoin. Bitcoin current price $3315 + 2,900% = $99,450

Could Bitcoin reach $99,450 in 14 months...maybe...but I think there is a higher
chance that PROC could reach $3.00+ in 14 months.

This coin was not designed to reach say $500/coin. The developers of this coin
wanted to create a coin where people transact in whole numbers. Ex: Instead of
paying in amounts like 0.00045. People can pay in 4.50 PROC. I can understand
this logic. I also believe this is the reason why Ripple has such a large supply also.
To me it kinda does make more sense than paying in these small tiny fractions.