Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] carVertical - Car History Registry Built on Blockchain technology
by
shara
on 28/01/2018, 06:23:57 UTC
Company managers promise investors that cV token price is going up in the next couple of years. I dont think it’s a smart thing to do. You know they should wait till the project starts developing and how that goes first and then talk about price and such.
This is the forecast that makes sense. Company is going to start generating income already in a couple of months this year! The profit is going to be over 27 million euro in 5 years.

That’ great of course. But what does it have to do with what I’ve just said?

Well token is going to be the only way to pay for carVertical services which means the higher the profit of the company the higher the demand is going to be on cV tokens. Market demand is always leading to price increase.

Does it mean that cV price will 100% depend on service efficiency?