Post
Topic
Board Tokens (Altcoins)
Re: ANN [DENT] Dent: Tokenizing and Liberating the World's Mobile Data
by
smurfpapa
on 29/03/2019, 16:31:32 UTC

they been dumping to 0.000000022 on binance in increments of 90 000 000 dents for weeks every day in a raw. I can't believe they still do it after all the hundreds of millions of dollars they already dumped, is this their business model, they are going to dump on binance every damned token they buy from the users in the app? This way the price will never recover, in fact the more users they have the more they will dump on binance, even if BTC goes to 20000 again nothing will change here. Their business model is flawed. Afterburner or no afterburner they will still keep the price close to zero with all this dumping.

Yes, I understand what you are saying, have you ever asked them what is the reason for selling tokens almost every day?
Yes I did ask so did many other people guess what we all got banned from their official telegram. Something smells here. It bothers me more that they are selling not only their reserves but they sell the tokens they receive from the 12 million app users. Their business model is: user buys dent from company in the app, exchange dent to telcos for data, telcos sell these dents back to company, company dumps them on binance. This will always be true, they will always dump on binance, the more users they have the more they will dump. This bothers me quite a lot tobe honest. I believe in the team but I don't believe their business model is attractive, at least not to investors like us holding bags of useless tokens while company makes profits. This is wrong.