Quote from: Blakesss on August 20, 2017, 02:41:28 PM

The price will go up as folks utilize the SALT network to borrow money. Think about how much money is borrowed each year from credit cards and banks. If over time SALT can gain a share of that borrowing market (this share will rise along with the adoption of crypto currencies), the value of SALT tokens will rise on the back of the loans and inherent interest generated by them. The demand for SALT memberships will also rise as folks look to obtain them to borrow capital.

thanks for the info. However i am curious, SALT tokens are used for membership and to reduce interest rates on the crypto-back loans which i am assuming will be pass to the lenders as part of the money at prevailing value. The value of the token would be determined by market forces (listed on secondary exchanges), however since there are millions of tokens at $1.5 and millions again at $3. it would be safe to say that chances of it going up to $10 would be relatively low in the beginning at least.

SALT is arranging the loans and there is no mention on how much "processing fees" they are charging the lenders and how that fees are related to the tokens.....

Sorry for being dense, but i am still not seeing it, predominately due to the excessive tokens at $1.5 per token.