Post
Topic
Board Tokens (Altcoins)
Re: ANN [DENT] Dent: Tokenizing and Liberating the World's Mobile Data
by
smurfpapa
on 02/01/2019, 12:53:13 UTC
I'm afraid the price of dent tokens will never appreciate even though the project is working well. This is not traditional investing where you get dividends for holding a company shares and those shares appreciate in value if the company is successful, dent tokens can go down to 1 sat and nothing will change. Demand means nothing if the company hold 90% of total supply. There's something wrong with their model, it is not designed to favor us, holders of tokens. They sell tokens to users, then buy these same tokens from telcos and sell them again to users. It's like a perpeto mobile, I remember very well Mikko said one year ago on telegram that the tokens in circulation will depreciate over time ( the tokens the telcos receive for data will be burned and not get back in circulation again) but that was obviously a lie I'm sorry I didn't make a snapshot then, this was the only reason I didn't sell my tokens at the highs, I should have listened to my gut feeling it was too good to be true. I don't see how we will see any increase in price even with ETH and BTC climbing dent price stays at $0.001 where it was in the beginning without an app and without a single user.