Quote from: DroidR17A on November 15, 2017, 08:25:54 PM

Quote from: max.trekker on November 15, 2017, 06:09:06 PM

Quote from: DroidR17A on November 15, 2017, 05:37:01 PM

Quote from: alex_aaa on November 15, 2017, 01:31:27 PM

Quote from: max.trekker on November 15, 2017, 10:57:41 AM

Quote from: moratar on November 14, 2017, 05:57:19 AM

I am using card daily as my main card. Paying for everything with it. I just need to pay attention so shops doesn't charge me in GIP (gibralthar pounds) otherwise everything is ok.
Why would you care about pay tokens, if there are no rewards?
Token has no use, it is worthless. IMHO it should cost 0 atm. Once they start paying rewards, it should be worth about reward/per yearly token payout *100 or so.

Now - I can't see any reason to hold PAY token.

What is it good for - absolutly nothing.

This is partly true, i mean that the price should be according to their dividends. But what you fail to understand is that we who hold pay tokens invest in future growth and therefore future rewards. Not many companies starts to pay out dividends the first few months being in business, look at facebook, google, .... We invest because we belive that we are early and because we belive that tenx will be successful and being an early adopter in a successful business will always pay off tremendously. Look at this post on reddit, https://www.reddit.com/r/TenX/comments/7b53j3/value_of_1_pay_token_far_off_currently#thing_t1_dpfqx5z , I think that is a valid valuation of the current price per token.

I agree. PAY token is like a preferred stock, which pays dividends. However, technical companies pay dividends not immidiately. Check Tesla for example, the company has losses, but its stocks are rising

It should provide a 0.5% (ETH) return on transactions. I'm assuming that means, your own transactions, but how you're supposed to link them is very unclear. Would also be nice if the app accepted more than just bitcoin, considering their website claims it already does. Which it doesn't.

Not only your own transactions, you will get/share 0.5% of all transactions. And you will get 0.1% from your own transactions. https://www.tenx.tech/paytoken.html

Nice! Do you know how it will be managed? I'm assuming you'll have to link your ETH account to your TenX account in order to stake, but don't see anyway to do so just yet.

Rewards hasnt started yet, if everything goes as planned they will happen sometime in this month or in December. Initially (from the whitepaper) you only had to have PAY in MyEtherWallet (or any other where you control the keys), but because of these new SEC regulations they had to rethink this part and supposidley token holders will need to do some minimal work to get the rewards, we dont know yet what this work is. Follow their youtube channel for announcements https://www.youtube.com/channel/UCrh49JX-9UQJbee6e4EGhog