Quote from: HodlThroughTheStorm on January 12, 2018, 06:10:34 PM

Quote from: ka82 on January 12, 2018, 04:56:19 PM

Quote from: newegggo on January 12, 2018, 01:50:33 PM

I never expected Populous could be so big in months.
Is it overvalued?

Depends...If the platform starts working and more & more SMEs start posting their invoices, and the interest payments become competitive then the price of PPT could go way higher imho

They said that about Ethereum when it went from $8 dollars to $400 in afew months time. "oh its overvalued" few months later it's over 1k lol

In terms of being overvalued that's up to each and every person to decide on their own. My opinion is that PPT is actually undervalued. Populous is rank 26 right now on CMC, which is still very good! But Tron doesn't deserve to be in rank 13, Heck, Bitconnect doesn't deserve to be ahead of Populous in the rankings but it is. Are these projects really worth more than Populous?

Again i'm going state that Populous is undervalued in my opinion. Simply because there are so many other useless projects are valued at 10x or more than what populous is valued at, you could also just say everything ahead of populous is overvalued, but will the market agree with you?

Populous to me is worth alot more than these projects.

Pretty sure this is a token that i'll be able to pass down to my children. Business invoice factoring will be here forever. Populous are the first to bring this to the blockchain. And they are serving a market that will never stop growing. PPT is priceless to me. Because i don't plan on selling it... Ever.

My local Cafe love's crypto's, they accept Bitcoin and Ethereum as a method of payment, They were already interested in populous before i'd even mentioned it to them, They really want to try out the Beta i don't know if they'll get in or not but they are much happier to be financed by Populous which goes to be helping someone like me a PPT holder than deal with the banks, I think this gives you an idea of just how ready business's are to jump on board

If you want to talk overvalued just look at Tron. or Ripple for that matter. Multi billion dollar market caps yet they don't even offer anything new, Tron has its competitors, And people can just use Bitcoin instead of Ripple. In terms of actual "intrinsic value" Tron and Ripple don't offer anything new

Populous on the other hand are about to launch the the first invoice financing platform on the blockchain. They have no competition in the blockchain space. Giving PPT a value that is truly unique

Tron may be a good project but they are still a very long way from achieving their goals, and the "value" that TRX has to offer will never match PPT's

The fact that PPT has managed to keep a $40+ evaluation for so long only goes to show that the market itself does not see PPT as being overvalued

Now theres a thought... could your local cafe there just buy PPT and factor their own invoices? sounds dodgy but....maybe not... i don't know. Their staff could though in their spare time, nothing stopping them... My partner has a small business, would there be anything stopping me?....interesting...

Domhnall

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