Quote from: SemiSeriousInvestor on November 11, 2017, 02:57:39 AM

Quote from: Real_Ramsey on November 10, 2017, 07:38:03 PM

Quote from: Chef Ramsay on November 10, 2017, 01:33:23 PM

Whats the reason for sudden spike in price?

This account has been doxxed by TimAbell@consultant.com by IP address 104.200.154.108 who I wouldn't be surprised to see is semiseriousinvestor, aka fudtard.

Fudtard here sold at the top. and now will watch it get walked down to 4 dollars. You peeps are the biggest clown show. buying 100 PPT's and hoping for lambos. I asked around about PPT valuation. MOst peeps in the telegram said perhaps 80% USD. Perhaps more. That means a PPT is worth 80% USD "at this time". Who decides this? Populous of course. What is the deciding factor? It's the liquidity pool. What the hell is that you might ask?

It means some "investor", "bank", or rich dude needs to put up fiat money to cover ALL the PPT's that come into the platform as deposits. As well it needs to cover PPT's volatility as well. Idiots such as your self would just say ok moontime. But smart people would ask who the hell would put up money to cover the PPT price when it could move up or down 100% in a week? Seeing how there are 250 million USD dollars worth of PPT floating around, and let's say hypothetically only 10% of PPT gets deposited into the platform. Who the hell is going to lend 25 million dollars to cover volatile crypto? LOL

I am willing to bet Populous announces something like you must stake 150% to 200% PPT to obtain invoice. And it will be limited as well. For instance, if 1 million USD in PPT gets deposited and the liquidity pool gets emptied, NO MORE PPT deposits until there is more liquidity.

My prediction: Populous will eventually do well, because there primary focus is FIAT investors not PPT investors. Reason why their website mentions PPT ZERO times. PPT could eventually be good one day, but you are looking at YEARS. In the meantime pump, dump, pump, dump. I got my limit buys back in at 4 dollars.

You act like token holders don't understand how it works. You're kind of on the right track, but off base when it comes to how the liquidity pool works. You're also missing some other important elements.

There's also a very good reason the website doesn't mention PPT. "smart people" can figure this out...let's see if you can.

I'm always happy to help educate people who want to learn, but not people with your attitude.