Post
Topic
Board Announcements (Altcoins)
Re: [Pre-ANN] [cBux]Welcome to the first ever community based stable-coins.
by
AmoreJaz
on 04/05/2019, 16:47:49 UTC
sorry, but to tell you frankly how can you equate the value of your cBux token to $1? who will buy your token at that price? lets say for example, i have 1023 merits right now, so i will get about 1023 cBux which is equivalent to $1023. but where in the world can i sell this token to get my $1023?
what i'm trying to say here = who are those people that will naively buy this token at a fixed rate of $1 for nothing? remember that once a token or altcoin hits in the exchanges, there's no stopping for the dumpers to sell their freebies for peanuts. how can you maintain your token's value just like any other stable coin in the market today?