I remember when I sold all my PPT for $6 each before but today I amazed how it surpassed very quickly Im following the price of this token since then and I saw how stable the price it never goes below 0.008 eth I believe price will slowly increase over time good chance to buy.
I just sold all my PPT until Populous comes out and clarifies what PPT will allow token holders to do. Everyone here is assuming PPT is some kind of equity stock. I think you will be in for a huge surprise. In fact I challenge anyone here to go ask Populous this question: "If PPT is trading at 100 dollars per PPT on the exchanges, will Populous allow me to buy 100 dollars worth of invoices on the platform per 1 PPT?"
If they answer Yes, then I will go and immediate buy 50k worth of PPT. However, I doubt they will answer Yes.
Sucks man now you won't get xbrl. Not a loyal investor
I'm looking forward to accessing data on different companies
Cause I am looking to buy back in once someone gives me a straight answer to PPT exchange value.
Why is everyone assuming what they see on CoinMarketCap regarding PPT price is what the Populous company will let you unlock on their platform? Did they ever say this? Did they ever say if PPT is trading at 5 dollars on the exchanges, we will let you buy 5 dollars worth of invoices? I would like to be proven wrong, but so far not one person can give me a straight answer
You'll be able to purchase invoice contracts when the beta is out at whatever the price is at any given time, it's not complex. Each contract period will differ as the price will increase monthly as these supply tokens are locked up in contracts and smart/fresh money is demanding their way in. The CMC price is exactly the price that PPT will be using on their upcoming platform. Implying otherwise is suggesting of nefarious intentions and they've never had that smell about them at all. But, go ahead and sit on the sidelines while the rest of us finance invoice contracts and become titans.
I just asked around in the Telegram channel and guess what. People are saying PPT will allow a discounted purchase amount to exchange price. Some say it hasn't even been determined yet. LOL, you guys have no idea what you are buying. Imagine if Populous came out and allowed 1 PPT to buy .50 of USD invoices.....
Why are you so worried? You already sold. Stop concern trolling you can still jump back on at $10 without your xbrl that way we're all happy.
Cause Populous may be a good investment and I am looking to buy back in. Before doing so, It would help for clarification on PPT exchange rate. Those that invest big amounts of money and don;t even ask the obvious questions are bound to lose money
If you want your questions answered directly by the team, join the Slack group. There's a lot of moving pieces, but the answers to your questions are there.
For what it's worth, don't assume everyone here has no idea what they invested in. A lot of the PPT token holders in Slack and Telegram know how it works (and know that it's not equity). The problem with here and Telegram is that you don't really know who's answering your questions, so go straight to Slack if you're really serious.
Also, you will be able to invest in invoices based on the market rate of PPT. It may not be a 1:1 ratio if the token price is volatile though. In that case you may have to over-collateralize it. The number that's been used most is that you'll be able to invest 80% of the value of your PPT tokens. I don't think that's a confirmed number yet though.