Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] POPULOUS WORLD - Invoice trading platform - PPT
by
Ribak1992
on 08/03/2019, 20:57:10 UTC
Quote from: timmmers on March 08, 2019, 04:18:14 PM
Quote from: speedster.one on March 08, 2019, 02:57:09 PM
Quote from: Pecunia non olet on March 07, 2019, 11:29:42 AM
Hello, could someone predict the value of 1 XAUP token? 9% discount is not so cool and also you risk that the company will not pay you money when you sell them back your gold or?

i would say 1 XAUp token would be perhaps 200-300$ greater than gold. 9% discount in my opinion is pretty cool looking at the price of gold, thats like around about a $120 discount.
I do not expect such high price. You have to think about it as a discount and most of discounts are free. So if they buy your discount they expect much bigger return. Also it will depend on the price of gold that Populous will be selling and number of tokens in supply. If there will be high supply there will be hard to find people who will buy your discount. Roll Eyes

so much will depend on the volume and the market at that time. if the crisis comes and gold is trading at 2.000-2.500$ per ounce, then a 9% discount will be very pleasant for many traders.