My serious concern about paypie and the future.
I’m sure the Paypie team monitor these forums so I guess it’s approriate to comment here and assume they will see it.
I saw an email a while ago, from a telegram user who emailed Yohan regarding PPP being added to other exchanges. His response some what shocked me and really has stuck me. He stated that Paypie where not
Interested in having their tokens being added to other exchanges as the ppp token was a function of the network and not a token purely for being traded.
It got me thinking and how tokens really give you no assureance of what your actually buying. These tokens don’t give you a right to the profits or offer you any opportunity to profit. We have basically handed over cash for them, with absolutely no understanding of what will return value for us. Their not shares and even if Paypie was hugely successful what’s stopping Paypie effectively never using these tokens for anything.
I’ve watched a lot of you tube videos and even asked on telegram. I’ve noticed when asked Paypie almost always dodges the question of the purpose of the ppp token.
This leads me to my next problem. The only place to trade Paypie is Etherdelta. Since the recent hack of Etherdelta Paypie has struggled to hold its value. Etherdelta it seems, is now not trusted by the general community of crpto traders. If it did disappear their is absolutely no where to trade this token and given the attitude of Paypie it’s unlikely they would want it to be traded on exchanges. Etherdelta in itself isn’t really an exchange, more a market place for people to swap their tokens for ether directly. So as someone who owns several hundred of thousands of Paypie where do I go from here? Paypie is an awesome project that I 100% believe in. Yet I have no idea if it is successful if I’ll even profit from this ! I have no idea if in the future I’ll be able to exchange this token for cash. Given the huge amount of money I have tied up in this, it is deeply concerns me. Looking st the price seems I’m not the only person with these concerns and do I just dump and run from here, I’ve made good money but get out while the times are good.
I’m an descrite for some guidance on this as are others. I think it’s a fair question. If Paypie don’t want to add PPP to other exchanges, they should be transparent about it. Obviously we all got into this to make money and I believe it is only fair the investors who helped build this platform profit from it.
I’m sure the Paypie team monitor these forums so I guess it’s approriate to comment here and assume they will see it.
I saw an email a while ago, from a telegram user who emailed Yohan regarding PPP being added to other exchanges. His response some what shocked me and really has stuck me. He stated that Paypie where not
Interested in having their tokens being added to other exchanges as the ppp token was a function of the network and not a token purely for being traded.
It got me thinking and how tokens really give you no assureance of what your actually buying. These tokens don’t give you a right to the profits or offer you any opportunity to profit. We have basically handed over cash for them, with absolutely no understanding of what will return value for us. Their not shares and even if Paypie was hugely successful what’s stopping Paypie effectively never using these tokens for anything.
I’ve watched a lot of you tube videos and even asked on telegram. I’ve noticed when asked Paypie almost always dodges the question of the purpose of the ppp token.
This leads me to my next problem. The only place to trade Paypie is Etherdelta. Since the recent hack of Etherdelta Paypie has struggled to hold its value. Etherdelta it seems, is now not trusted by the general community of crpto traders. If it did disappear their is absolutely no where to trade this token and given the attitude of Paypie it’s unlikely they would want it to be traded on exchanges. Etherdelta in itself isn’t really an exchange, more a market place for people to swap their tokens for ether directly. So as someone who owns several hundred of thousands of Paypie where do I go from here? Paypie is an awesome project that I 100% believe in. Yet I have no idea if it is successful if I’ll even profit from this ! I have no idea if in the future I’ll be able to exchange this token for cash. Given the huge amount of money I have tied up in this, it is deeply concerns me. Looking st the price seems I’m not the only person with these concerns and do I just dump and run from here, I’ve made good money but get out while the times are good.
I’m an descrite for some guidance on this as are others. I think it’s a fair question. If Paypie don’t want to add PPP to other exchanges, they should be transparent about it. Obviously we all got into this to make money and I believe it is only fair the investors who helped build this platform profit from it.
Some of your concerns are true some of they don't.
Their platform will use ppp as a currency, they can't change that. And people would need to buy ppp from somewhere to use on that platform so they will need an exchange after the platform is available.
But probably they are not caring any exchanges right now and focusing on developing their platform. Now if something happens to etherdelta it would be hard to sell ppp's anywhere but at one point they will forced to find a new exchange after platform starts running.
