Topic: [ANN] POPULOUS WORLD - Invoice trading platform - PPT - page 272. (Read 277213 times)
Also, can someone explain or tell me where to find details on the buyback program of PPT? I don't like the sound of losing my PPT at any point either of that's what happens..thanks
Yes it will rise for sure but last thought on it; i believe Pokens are what they are referred to when placed inside the platform. If you have 1 PPT worth $6 USD you will receive 6 Pokens to be used for auctioning. If you take it out of the platform you will receive the equivalent PPT back or the fiat equivalent if you choose to withdraw in fiat.
After reading this it is clearer to me: https://medium.com/bitpopulous/our-secret-sauce-bd5e1d35f8a6When you buy a contract you deposit your PPT which gets turned into pokens which you then buy the contract with. When the invoice is paid, you get your PPT back and the profit in pokens.
So apparently you could then accumulate pokens over time and I suppose use those to buy contracts directly without PPT but then do you get paid in PPT + pokens or just pokens in that case? And since you can exchange fiat for pokens, what is the inventive to use PPT and not just invest fiat? That is the question. Sure the value of a PPT token will change over the time the invoice is outstanding, but that is not a reason to use PPT vs fiat.
And that is the question with all of this FUD this morning....what is the incentive to use PPT vs fiat? Obviously, those who buy PPT early and cheap if it does go to $10+ will get to buy invoices with an appreciated PPT value. However, if populous accepts fiat, Bitcoin, etc to buy pokens and buy invoices then all of us PPT holders will have to compete with not only other PPT holders but the rest of the crypto scape that wants to earn 4% per month. Now, if there are 100s/1000s (enough) of invoices to always be some available then it doesn't matter but hopefully not just praying for a scrap or 2 every couple of months to go buy. I was hoping to invest all value monthly if possible.
So much drama in ICO coins these days its'a so damn entertaining when a bunch of kids with no crypto knowledge throw money at things.
what you gonna do with them, they just kids...
Yes it will rise for sure but last thought on it; i believe Pokens are what they are referred to when placed inside the platform. If you have 1 PPT worth $6 USD you will receive 6 Pokens to be used for auctioning. If you take it out of the platform you will receive the equivalent PPT back or the fiat equivalent if you choose to withdraw in fiat.
After reading this it is clearer to me: https://medium.com/bitpopulous/our-secret-sauce-bd5e1d35f8a6When you buy a contract you deposit your PPT which gets turned into pokens which you then buy the contract with. When the invoice is paid, you get your PPT back and the profit in pokens.
So apparently you could then accumulate pokens over time and I suppose use those to buy contracts directly without PPT but then do you get paid in PPT + pokens or just pokens in that case? And since you can exchange fiat for pokens, what is the inventive to use PPT and not just invest fiat? That is the question. Sure the value of a PPT token will change over the time the invoice is outstanding, but that is not a reason to use PPT vs fiat.
I feel alpha version will bring more people into this project there is pretty high chance to grow more strong in coming days. I'm satisfied to buy this token from pre-ICO this would make return 3000x like Startis and IOTA. PPT is also promising project and I think people have chance to catch this train.
I sent a message to Steve and Clif to see either could clarify and waiting for a response. Obviously, the incentive to buy PPT is the increased value of your token due to the platform increased value and we can buy invoices using our appreciated PPT value.....however, if whales with 10s of millions jump in and can simply buy pokens with fiat who's to say that smaller PPT owners will even have a chance to buy invoices....
I agree. I just asked this question in the Slack group as well as on a few YouTube channels I watch.
I can't seem to wrap my head around WHY the price of PPT would go up?
If you can simply invest fiat, why go through the trouble of owning PPT?
A common answer is, "Because PPT will appreciate, thus, giving you more buying power".
Okay, but that still doesn't answer the question: WHY will PPT appreciate? If you don't NEED the token to use the platform, why would it increase in value?
Hopefully we can get an answer to this.
Great point!! Yes, hope to get answers and thanks for asking that!
Not sure if you've seen this, 45
Also, buying pools are already part of the system so we can whale in groups.https://medium.com/bitpopulous/our-secret-sauce-bd5e1d35f8a6
All,
I have emailed and reached out to the PPT team via twitter about these very concerns that you have. It is definitely something that needs to be addressed ASAP.
If/when I hear back from them I will be sure to let everybody know. I am not a HUGE holder of PPT but I definitely hold enough that make most people go "wait, how much did you say
"...
As far as my understanding, without PPT you cannot access the platform. At leas that is my understanding from reading the white paper and what not.
However IF true, IF anybody can use BTC/FIAT or whatever and does not need to use PPT tokens, then the intrinsic value of PPT tokens is.... $0.00 - just the truth.
I have emailed and reached out to the PPT team via twitter about these very concerns that you have. It is definitely something that needs to be addressed ASAP.
If/when I hear back from them I will be sure to let everybody know. I am not a HUGE holder of PPT but I definitely hold enough that make most people go "wait, how much did you say
"...As far as my understanding, without PPT you cannot access the platform. At leas that is my understanding from reading the white paper and what not.
However IF true, IF anybody can use BTC/FIAT or whatever and does not need to use PPT tokens, then the intrinsic value of PPT tokens is.... $0.00 - just the truth.
I believe this is inaccurate. There is a difference between the PPT and Pokens. Pokens are pegged directly to the fiat value 1:1 wherease PPT can be used to purchase pokens to use for invoice factoring. An invoice will be priced in pokens. As a holder of PPT tokens, your cost basis will be lower to purchase the invoice. You retain your PPT tokens and earn pokens. That is my understanding anyway.
You are correct, and that is exactly the layout and explanation that I give in my video "Populous Tokens vs Pokens". However, as I stated previous, IF you there is NO NEED to have PPT tokens in order to get the contracts, then that changes everything value wise for PPT.
No use speculating tho, I am sure we will hear from the team soon, and the price will continue to rise for us
Yes it will rise for sure but last thought on it; i believe Pokens are what they are referred to when placed inside the platform. If you have 1 PPT worth $6 USD you will receive 6 Pokens to be used for auctioning. If you take it out of the platform you will receive the equivalent PPT back or the fiat equivalent if you choose to withdraw in fiat.
I get upset that i did not buy more when it's just 1 dollars. We are going to talk back than it was just one dollars look at it now it is 500 dollars 
So much drama in ICO coins these days its'a so damn entertaining when a bunch of kids with no crypto knowledge throw money at things.
All,
I have emailed and reached out to the PPT team via twitter about these very concerns that you have. It is definitely something that needs to be addressed ASAP.
If/when I hear back from them I will be sure to let everybody know. I am not a HUGE holder of PPT but I definitely hold enough that make most people go "wait, how much did you say "...
As far as my understanding, without PPT you cannot access the platform. At leas that is my understanding from reading the white paper and what not.
However IF true, IF anybody can use BTC/FIAT or whatever and does not need to use PPT tokens, then the intrinsic value of PPT tokens is.... $0.00 - just the truth.
I have emailed and reached out to the PPT team via twitter about these very concerns that you have. It is definitely something that needs to be addressed ASAP.
If/when I hear back from them I will be sure to let everybody know. I am not a HUGE holder of PPT but I definitely hold enough that make most people go "wait, how much did you say
"...As far as my understanding, without PPT you cannot access the platform. At leas that is my understanding from reading the white paper and what not.
However IF true, IF anybody can use BTC/FIAT or whatever and does not need to use PPT tokens, then the intrinsic value of PPT tokens is.... $0.00 - just the truth.
I believe this is inaccurate. There is a difference between the PPT and Pokens. Pokens are pegged directly to the fiat value 1:1 wherease PPT can be used to purchase pokens to use for invoice factoring. An invoice will be priced in pokens. As a holder of PPT tokens, your cost basis will be lower to purchase the invoice. You retain your PPT tokens and earn pokens. That is my understanding anyway.
You are correct, and that is exactly the layout and explanation that I give in my video "Populous Tokens vs Pokens". However, as I stated previous, IF you there is NO NEED to have PPT tokens in order to get the contracts, then that changes everything value wise for PPT.
No use speculating tho, I am sure we will hear from the team soon, and the price will continue to rise for us
I don't know what is the issue now about what everyone is talking right at the moment. I saw great opportunity and bought again. I hope I will have enough time to accumulate before investors/holders will have access to the platform. People those who are buying aren't headless since day 1st is up for trading.
I sent a message to Steve and Clif to see either could clarify and waiting for a response. Obviously, the incentive to buy PPT is the increased value of your token due to the platform increased value and we can buy invoices using our appreciated PPT value.....however, if whales with 10s of millions jump in and can simply buy pokens with fiat who's to say that smaller PPT owners will even have a chance to buy invoices....
I agree. I just asked this question in the Slack group as well as on a few YouTube channels I watch.
I can't seem to wrap my head around WHY the price of PPT would go up?
If you can simply invest fiat, why go through the trouble of owning PPT?
A common answer is, "Because PPT will appreciate, thus, giving you more buying power".
Okay, but that still doesn't answer the question: WHY will PPT appreciate? If you don't NEED the token to use the platform, why would it increase in value?
Hopefully we can get an answer to this.
[ITS the investor rational thinking which drives PPT up]
If you had 100.000 Fiat on your account, would you like to keep it there as fiat, or would you thing to change it to Bitcoin/PPT. After 1 year would you be (in your exptection) more happy with 100.000 fiat or a stong rsing crypto curreny which possibly would buy you more invoice to generat passive income. If you thing about it it should become more clear why PPT is already rising and will more the next years. Also we not know which FIAT/PPT ratio the will allow in future at Populous, in the moment every money will be welcome but always? unlimited fiat ?.... I dont thing so...
That doesn't answer the question.
You say, "a strong rising crypto currency".
Okay, WHY would PPT increase? What's the mechanism?
You don't NEED PPT to buy invoices. You can simply invest fiat.
If there's no need for it, why own it?
Saying, "it will go up because it will go up" isn't a good answer.
I'm not trying to spread FUD here. I'm heavily invested in PPT and I want to see it succeed.
I just don't know what incentive it has to increase in value.
I saw your response coming this shows your one dimensional thinking.
You are not investor and possible poor this your limited thinking capability in that area shows - kid.
Its all about investor rational decisions and the driving force behind it: greed and ANGST. And mama will not come to explain the world for you ....
Ad Hominem.
Don't attack me- attack my argument.
Either you have an answer, or you don't.
Don't get defensive if you don't have an answer.
you can not understand the answer, its all explained. "Its a user error problem" . Blocked you now because to waste my time already to much. You think to simple... and you have no PPT you are here to spread FUD
It appears that you're unwilling (or unable) to answer the question. I'll wait for a response from the Populous team.
I sent a message to Steve and Clif to see either could clarify and waiting for a response. Obviously, the incentive to buy PPT is the increased value of your token due to the platform increased value and we can buy invoices using our appreciated PPT value.....however, if whales with 10s of millions jump in and can simply buy pokens with fiat who's to say that smaller PPT owners will even have a chance to buy invoices....
I agree. I just asked this question in the Slack group as well as on a few YouTube channels I watch.
I can't seem to wrap my head around WHY the price of PPT would go up?
If you can simply invest fiat, why go through the trouble of owning PPT?
A common answer is, "Because PPT will appreciate, thus, giving you more buying power".
Okay, but that still doesn't answer the question: WHY will PPT appreciate? If you don't NEED the token to use the platform, why would it increase in value?
Hopefully we can get an answer to this.
[ITS the investor rational thinking which drives PPT up]
If you had 100.000 Fiat on your account, would you like to keep it there as fiat, or would you thing to change it to Bitcoin/PPT. After 1 year would you be (in your exptection) more happy with 100.000 fiat or a stong rsing crypto curreny which possibly would buy you more invoice to generat passive income. If you thing about it it should become more clear why PPT is already rising and will more the next years. Also we not know which FIAT/PPT ratio the will allow in future at Populous, in the moment every money will be welcome but always? unlimited fiat ?.... I dont thing so...
That doesn't answer the question.
You say, "a strong rising crypto currency".
Okay, WHY would PPT increase? What's the mechanism?
You don't NEED PPT to buy invoices. You can simply invest fiat.
If there's no need for it, why own it?
Saying, "it will go up because it will go up" isn't a good answer.
I'm not trying to spread FUD here. I'm heavily invested in PPT and I want to see it succeed.
I just don't know what incentive it has to increase in value.
I saw your response coming this shows your one dimensional thinking.
You are not investor and possible poor this your limited thinking capability in that area shows - kid.
Its all about investor rational decisions and the driving force behind it: greed and ANGST. And mama will not come to explain the world for you ....
Ad Hominem.
Don't attack me- attack my argument.
Either you have an answer, or you don't.
Don't get defensive if you don't have an answer.
you can not understand the answer, its all explained. "Its a user error problem" . Blocked you now because to waste my time already to much. You think to simple... and you have no PPT you are here to spread FUD
Also this is what I now not understand : Why you buy something what you obviously not understood - PPT. Why you not sale and be happy about 20x your investment....
All,
I have emailed and reached out to the PPT team via twitter about these very concerns that you have. It is definitely something that needs to be addressed ASAP.
If/when I hear back from them I will be sure to let everybody know. I am not a HUGE holder of PPT but I definitely hold enough that make most people go "wait, how much did you say "...
As far as my understanding, without PPT you cannot access the platform. At leas that is my understanding from reading the white paper and what not.
However IF true, IF anybody can use BTC/FIAT or whatever and does not need to use PPT tokens, then the intrinsic value of PPT tokens is.... $0.00 - just the truth.
I have emailed and reached out to the PPT team via twitter about these very concerns that you have. It is definitely something that needs to be addressed ASAP.
If/when I hear back from them I will be sure to let everybody know. I am not a HUGE holder of PPT but I definitely hold enough that make most people go "wait, how much did you say
"...As far as my understanding, without PPT you cannot access the platform. At leas that is my understanding from reading the white paper and what not.
However IF true, IF anybody can use BTC/FIAT or whatever and does not need to use PPT tokens, then the intrinsic value of PPT tokens is.... $0.00 - just the truth.
I'd like an answer as well.
You can see here: https://bitcointalksearch.org/user/populous-world-968666 that Steve talks about finding ways to reward PPT holders once the platform is up and running (Post #109).
All,
I have emailed and reached out to the PPT team via twitter about these very concerns that you have. It is definitely something that needs to be addressed ASAP.
If/when I hear back from them I will be sure to let everybody know. I am not a HUGE holder of PPT but I definitely hold enough that make most people go "wait, how much did you say "...
As far as my understanding, without PPT you cannot access the platform. At leas that is my understanding from reading the white paper and what not.
However IF true, IF anybody can use BTC/FIAT or whatever and does not need to use PPT tokens, then the intrinsic value of PPT tokens is.... $0.00 - just the truth.
I have emailed and reached out to the PPT team via twitter about these very concerns that you have. It is definitely something that needs to be addressed ASAP.
If/when I hear back from them I will be sure to let everybody know. I am not a HUGE holder of PPT but I definitely hold enough that make most people go "wait, how much did you say
"...As far as my understanding, without PPT you cannot access the platform. At leas that is my understanding from reading the white paper and what not.
However IF true, IF anybody can use BTC/FIAT or whatever and does not need to use PPT tokens, then the intrinsic value of PPT tokens is.... $0.00 - just the truth.
I believe this is inaccurate. There is a difference between the PPT and Pokens. Pokens are pegged directly to the fiat value 1:1 wherease PPT can be used to purchase pokens to use for invoice factoring. An invoice will be priced in pokens. As a holder of PPT tokens, your cost basis will be lower to purchase the invoice. You retain your PPT tokens and earn pokens. That is my understanding anyway.
I sent a message to Steve and Clif to see either could clarify and waiting for a response. Obviously, the incentive to buy PPT is the increased value of your token due to the platform increased value and we can buy invoices using our appreciated PPT value.....however, if whales with 10s of millions jump in and can simply buy pokens with fiat who's to say that smaller PPT owners will even have a chance to buy invoices....
I agree. I just asked this question in the Slack group as well as on a few YouTube channels I watch.
I can't seem to wrap my head around WHY the price of PPT would go up?
If you can simply invest fiat, why go through the trouble of owning PPT?
A common answer is, "Because PPT will appreciate, thus, giving you more buying power".
Okay, but that still doesn't answer the question: WHY will PPT appreciate? If you don't NEED the token to use the platform, why would it increase in value?
Hopefully we can get an answer to this.
[ITS the investor rational thinking which drives PPT up]
If you had 100.000 Fiat on your account, would you like to keep it there as fiat, or would you thing to change it to Bitcoin/PPT. After 1 year would you be (in your exptection) more happy with 100.000 fiat or a stong rsing crypto curreny which possibly would buy you more invoice to generat passive income. If you thing about it it should become more clear why PPT is already rising and will more the next years. Also we not know which FIAT/PPT ratio the will allow in future at Populous, in the moment every money will be welcome but always? unlimited fiat ?.... I dont thing so...
That doesn't answer the question.
You say, "a strong rising crypto currency".
Okay, WHY would PPT increase? What's the mechanism?
You don't NEED PPT to buy invoices. You can simply invest fiat.
If there's no need for it, why own it?
Saying, "it will go up because it will go up" isn't a good answer.
I'm not trying to spread FUD here. I'm heavily invested in PPT and I want to see it succeed.
I just don't know what incentive it has to increase in value.
I saw your response coming this shows your one dimensional thinking.
You are not investor and possible poor this your limited thinking capability in that area shows - kid.
Its all about investor rational decisions and the driving force behind it: greed and ANGST. And mama will not come to explain the world for you ....
Ad Hominem.
Don't attack me- attack my argument.
Either you have an answer, or you don't.
Don't get defensive if you don't have an answer.
All,
I have emailed and reached out to the PPT team via twitter about these very concerns that you have. It is definitely something that needs to be addressed ASAP.
If/when I hear back from them I will be sure to let everybody know. I am not a HUGE holder of PPT but I definitely hold enough that make most people go "wait, how much did you say "...
As far as my understanding, without PPT you cannot access the platform. At leas that is my understanding from reading the white paper and what not.
However IF true, IF anybody can use BTC/FIAT or whatever and does not need to use PPT tokens, then the intrinsic value of PPT tokens is.... $0.00 - just the truth.
I have emailed and reached out to the PPT team via twitter about these very concerns that you have. It is definitely something that needs to be addressed ASAP.
If/when I hear back from them I will be sure to let everybody know. I am not a HUGE holder of PPT but I definitely hold enough that make most people go "wait, how much did you say
"...As far as my understanding, without PPT you cannot access the platform. At leas that is my understanding from reading the white paper and what not.
However IF true, IF anybody can use BTC/FIAT or whatever and does not need to use PPT tokens, then the intrinsic value of PPT tokens is.... $0.00 - just the truth.
I sent a message to Steve and Clif to see either could clarify and waiting for a response. Obviously, the incentive to buy PPT is the increased value of your token due to the platform increased value and we can buy invoices using our appreciated PPT value.....however, if whales with 10s of millions jump in and can simply buy pokens with fiat who's to say that smaller PPT owners will even have a chance to buy invoices....
I agree. I just asked this question in the Slack group as well as on a few YouTube channels I watch.
I can't seem to wrap my head around WHY the price of PPT would go up?
If you can simply invest fiat, why go through the trouble of owning PPT?
A common answer is, "Because PPT will appreciate, thus, giving you more buying power".
Okay, but that still doesn't answer the question: WHY will PPT appreciate? If you don't NEED the token to use the platform, why would it increase in value?
Hopefully we can get an answer to this.
[ITS the investor rational thinking which drives PPT up]
If you had 100.000 Fiat on your account, would you like to keep it there as fiat, or would you thing to change it to Bitcoin/PPT. After 1 year would you be (in your exptection) more happy with 100.000 fiat or a stong rsing crypto curreny which possibly would buy you more invoice to generat passive income. If you thing about it it should become more clear why PPT is already rising and will more the next years. Also we not know which FIAT/PPT ratio the will allow in future at Populous, in the moment every money will be welcome but always? unlimited fiat ?.... I dont thing so...
That doesn't answer the question.
You say, "a strong rising crypto currency".
Okay, WHY would PPT increase? What's the mechanism?
You don't NEED PPT to buy invoices. You can simply invest fiat.
If there's no need for it, why own it?
Saying, "it will go up because it will go up" isn't a good answer.
I'm not trying to spread FUD here. I'm heavily invested in PPT and I want to see it succeed.
I just don't know what incentive it has to increase in value.
I saw your response coming this shows your one dimensional thinking.
You are not investor and possible poor this your limited thinking capability in that area shows - kid.
Its all about investor rational decisions and the driving force behind it: greed and ANGST. And mama will not come to explain the world for you ....
Update: and PLEASE do not send your EtherSCAN Account info around just to proof you are not poor , dont harm youself
I sent a message to Steve and Clif to see either could clarify and waiting for a response. Obviously, the incentive to buy PPT is the increased value of your token due to the platform increased value and we can buy invoices using our appreciated PPT value.....however, if whales with 10s of millions jump in and can simply buy pokens with fiat who's to say that smaller PPT owners will even have a chance to buy invoices....
I agree. I just asked this question in the Slack group as well as on a few YouTube channels I watch.
I can't seem to wrap my head around WHY the price of PPT would go up?
If you can simply invest fiat, why go through the trouble of owning PPT?
A common answer is, "Because PPT will appreciate, thus, giving you more buying power".
Okay, but that still doesn't answer the question: WHY will PPT appreciate? If you don't NEED the token to use the platform, why would it increase in value?
Hopefully we can get an answer to this.
[ITS the investor rational thinking which drives PPT up]
If you had 100.000 Fiat on your account, would you like to keep it there as fiat, or would you thing to change it to Bitcoin/PPT. After 1 year would you be (in your exptection) more happy with 100.000 fiat or a stong rsing crypto curreny which possibly would buy you more invoice to generat passive income. If you thing about it it should become more clear why PPT is already rising and will more the next years. Also we not know which FIAT/PPT ratio the will allow in future at Populous, in the moment every money will be welcome but always? unlimited fiat ?.... I dont thing so...
That doesn't answer the question.
You say, "a strong rising crypto currency".
Okay, WHY would PPT increase? What's the mechanism?
You don't NEED PPT to buy invoices. You can simply invest fiat.
If there's no need for it, why own it?
Saying, "it will go up because it will go up" isn't a good answer.
I'm not trying to spread FUD here. I'm heavily invested in PPT and I want to see it succeed.
I just don't know what incentive it has to increase in value.
I sent a message to Steve and Clif to see either could clarify and waiting for a response. Obviously, the incentive to buy PPT is the increased value of your token due to the platform increased value and we can buy invoices using our appreciated PPT value.....however, if whales with 10s of millions jump in and can simply buy pokens with fiat who's to say that smaller PPT owners will even have a chance to buy invoices....
I agree. I just asked this question in the Slack group as well as on a few YouTube channels I watch.
I can't seem to wrap my head around WHY the price of PPT would go up?
If you can simply invest fiat, why go through the trouble of owning PPT?
A common answer is, "Because PPT will appreciate, thus, giving you more buying power".
Okay, but that still doesn't answer the question: WHY will PPT appreciate? If you don't NEED the token to use the platform, why would it increase in value?
Hopefully we can get an answer to this.
[ITS the investor rational thinking which drives PPT up]
If you had 100.000 Fiat on your account, would you like to keep it there as fiat, or would you thing to change it to Bitcoin/PPT. After 1 year would you be (in your exptection) more happy with 100.000 fiat or a stong rsing crypto curreny which possibly would buy you more invoice to generat passive income. If you thing about it it should become more clear why PPT is already rising and will more the next years. Also we not know which FIAT/PPT ratio the will allow in future at Populous, in the moment every money will be welcome but always? unlimited fiat ?.... I dont thing so...
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