Post
Topic
Board Tokens (Altcoins)
Re: [ANN] BANKEX | Proof-of-Asset Protocol
by
Change001
on 05/12/2017, 09:28:44 UTC
@Bankex Team.

I've read in an article that the prices will be controlled on purpose, taking off the volatility of the value.

The tokens bought by me (And others), must we see this is an investment?
As we won't be using the tokens, but hodling for future value.

I'm a huge supporter of this project, and see all the chances for this to succeed, but as an early investor in this project, I would want to see demand go up against scarcity of the coin causing a possible price spike.

Can we expect when there is a high demand that this will affect a high price situation? Or will this be controlled?

No, BKX is a use token that will allow access to BANKEX's platform and services. They're not intended for speculation. That's how you should see them.

Not intended for speculation?But how?This token will tradable on some exchange,so token holders and buyers will speculate it for sure😆



Why would it go on trading sites if it's strictly a use token guys... doesn't add up.

Take for example Ripple - XRP is a use token, but being traded making its value, only has a large coin supply causing prices to rise more steady.

If it's a user token, what is the incentive to buy it now?
As I'm not a bank or a financial institution, so won't be requiring the services... 

I want to ride this project and happy that I could be part of it in some form, and hodl for at least 5 years, but the price is being affected so that clients can understand today's and tomorrow's value of the coin?

Am I understanding this correctly-

Please, someone, clarify?

(Still a huge supporter of the project, and think it's an AAA company, don't get me wrong)