Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
by
Questat
on 10/12/2018, 13:59:01 UTC

have you heard about long term? but about 7% with growth in, if I remember correctly, 20 times? Why are you considering a token within a month or two? do you buy and sell? Then why do you need these 7% that you still do not get? are you hodler? then what is the difference on how much% falls per month, if it can grow 20 times in 10-20-30 months per day?

The more freebies airdrops they give the more they dilute the price and market !

Pundi X should stop messing around with airdrops and x% interest added then instead concentrate on the core business Roll Eyes

Maybe you missed the plan for burn of token with every XPOS shipment. This is the last month when people will get same percentage from next month it will drop to 2.31%. I think they are aware of this because they are professional team and could manage this very well in future.

Airdrops have put too many NPXS in circulation. All forms of airdrops and freebie tokens need to stop for people in general and especially investors to take this Pundi X seriously.

Airdrops increases the token's supply, so the drop is their price is normal. But generally, nothing changes, because the total value of your tokens should remain fixed.
Note that the current price fall is not due to airdrops. The reason is condition of cryptocurrencies market.

I know the price drop is related to all crypto falling but in the end it is time for airdrops and promotions to stop.

If Pundi X needs to be taken more serious it must become a more serious player in this market. Pulling people in by giving away freebies in airdrops is not the way forward.
But the airdrop is already implemented and it cannot be undone, otherwise it will not be good for their reputation.
Most project that wants to attract investors do some marketing and I think the airdrop is a good way attracting investors, however, the timing is bad and we can blame that on the current market condition.