Re: Will you buy a token if its price never went up and you could never sell it?
⭐ Merited by pooya87 (1)
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 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?
Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).
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 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?
Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).
What! am I running a museum or something
why will i buy a token i can not sell or generate profit from? that sounds ridiculous and certainly not good for business 
Any profit seeking investor will not consider such a project a good investment. except there is some hidden benefit which i have to be aware of which must be really profitable, otherwise it is a big No.