RE: 😎What It Do🤑
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I suppose if one was interested in receiving tokens, that might be appealing. The first thing I'm looking for is actual value though, then risk factors. Even the dividends offer the same risks and they all build on one another. If I'm holding those tokens, someone sells, my return potential is diminished. The more tokens added looks good on paper but to me that looks like more potential points of failure. It's all dependent on holders but if everyone holds there's no money to be made. Each new face is a potential seller and each seller has the potential to affect all returns. Not many buyers propping up many of those tokens; almost all hitting the floor.
Again I'm not knocking this. Like I said, I've never understood the appeal. I'm swayed in the other direction by default it seems. Nothing pops. And if I put a little bit in, that's debt. And there's almost an endless stream of tokens being sold when accessed through other means. I could keep going but you get the point. Makes my head spin. I've always earned way more by skipping all these steps and just going with the basics. I'm getting tokens and most of the time I don't even know how or why, most of which are worthless. An endless stream with no effort or risk. I simply upvote posts.
Anyway, that's just my brain farting.
By divs, I'm not referring to the PIMP token. I'm referring to all the other ones that we share with the hodlrz. In all reality, it's relatively cheap (for now) and you could probably get up in the top 50 (about 6000 staykt) for just under 60 HIVE. Top 80 for about half of that. You don't even need to use HIVE to buy them, swap some other tokens around and bingo bango, Bob might be your uncle. But, I don't suggest ever 'investing' anything you aren't afraid to lose. That being said, you would only gain them by adding the tag to a post from time to time or hopping in an LP where it is offered as a reward.
Supply (Circulating / Total / Max)
13088437.5871 / 14088448.6255 / 42000069.0000
a million of those have been burned and another 10 million I issued (mainly as a test) is sitting for market value and future sales to further the PIMP initiative, promotional use like token swaps off the books, contests, supporting #pypt, giveaways for this that or the other. Over a third has been issued. A halving will happen in about 7 million more. The model is designed (I think anyway), to retain its value.
We'll see of course. Only time will tell and it is entirely up to you whether or not to join us.
Yeah, I knew you meant the various tokens.
I'm aware it's cheap.
Of course it's up to me.
I don't gamble. It's addictive.
I appreciate your patience.