Post
Topic
Board Altcoin Discussion
Topic OP
Will you buy a token if its price never went up and you could never sell it?
by
pooya87
on 17/09/2022, 05:57:18 UTC
Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)

You can come back and buy more of it for like $20 since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.

Will you buy this token?