Ninjastic
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Board Announcements (Altcoins)
Re: 🔵🔵🔵 [ANN] BitMax.io Transaction Mining & Reverse-Mining ⚡️⚡️⚡️
by
Sozialtourist
on 08/06/2019, 08:42:44 UTC
Quote from: Nathan01 on June 07, 2019, 07:30:47 PM
Quote from: Sozialtourist on June 07, 2019, 05:57:14 PM
Quote from: faulerwilli on June 06, 2019, 09:05:53 AM
Quote from: Getadaaa on June 06, 2019, 02:43:09 AM
snip

Btmx price seems to be stuck at 89cents. I think that’s because of the BitMax private sale tokens BTMXP. It makes BTMX look like a stable pair for exchange.

BTMXP is the next case, what's it for? I'm slowly losing the overview.  Unfortunately I don't have enough time at the moment to read in exactly what sense does the BTMXP have? I would prefer the BTMX to remain alone and the price goes through the roof:-)

As far as I know, BTMXP is just a placeholder token for the BTMXs that were sold in the private sale and which are currently locked. It was introduced so that private investors can cash out / trade, I guess.

I really do not think it's going to be popular that much. I'm not seeing much buzz about it in the news.

It's basically gonna put downward pressure on the BTMX price. Because BTMXP and BTMX are the same tokens but the private investors who hold BTMXP can sell for a lower price because they got their tokens in the private sale much cheaper.