Topic: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency - page 21. (Read 99269 times)

You are following some principles which we are seeing some downturn in Pundix but this will not carry long and it is giving an opportunity to grab some valued coins in the market. So whenever I have some spare money I keep grabbing the pundix coins and start stacking them in X wallet.

Maybe this news would help..

VITALIK BUTERIN:ETHEREUM FOUNDATION MADE $100 MILLION BY SELLING ETH AT ATH

PundiX is an ETH token and anything good about ETH will do good on PundiX so people should know.
I didn't see PUndiX dump when ETH was still holding on, but when ETH drop, PundiX followed, some with what happen to ETH when BTC dropped.

yes I understand with the coins you mean they are far down in price especially ETH so hopefully this project has a significant price increase in the market too but don't go too far too 

It's simple, if you are worried on the price now,you surely did not understand the market condition now.

I'd like to ask you, do you trust ETH, XRP, and Litecoin?

All these coins dropped significantly not because of their lack of development but due to the overall market struggle which we are still seeing until now.

yes I understand if they continue to develop the project and still provide news too but as there is no price change on the market and I myself am a bit doubtful even though they are still active here like losing the trust of investors

No I had not heard of Oyster Perl and know nothing about them but one thing is for sure Pundi X was not and is not a scam because they have offices and a great XPOS device therefore a viable product. Their team still continues to believe in their project and want to whole thing to succeed.

Where the Pundi X team went wrong was when it decided to diversify in to other projects without fully completing its primary product which was the idea the ICO was based around. There was no need to diversify in to their own blockchain, mobile phone then add to that a number token swaps - at least or unless they dominated internationally with their primary XPOS product.

I think it would have been so much better if after they raised USD$ millions post ICO if they had hired an experienced person with previous CEO experience of a large global brand with lots of fintech contacts because that would have pushed Pundi X and the XPOS device in the right direction and the NPXS tokens would be worth much more than the 1 and 2 sats it fluctuates between.

Not having a viable Telegram channel with active admins is not a good thing either because bots and trash posters have taken over it. Maybe within the next 12 months Binance will de-list it and after that the end inevitable end will happen.

So sad for a once booming project will lots of potential which was never a scam but was always run by a team that should have hired professional help to join their board as soon as they received a massive $35 million in funding thanks to the January 2018 ICO. Nearly 2 years after the ICO ended it is clear the project has been dragging on with mistake after mistake and mismanagement after mismanagement - one after another in a repetitive cycle for at least 18 months.

It was probably on the right path for the first 6 months but then the team just ruined it.

It maybe rightand very few projects only manages to hold on to their words an still making a progress without sellings much of their holdings to maintain the price alive. I think XRP and ZEC is a different story in today's altcoins which is actually good when it new then afterwards they have nothing to do with it. ICO's and IEO's are literally an easy money be wise on spending and selling after the sales.

Don't trust a project that's without active discord, and worse that they're not updating anyone with what's going on here in bitcointalk.

Just some food for thought, the ICO's and IEO's these creators design dont give a damn, they were made to give them free money and tons of it. Then they dump free coins on people daily, look at XRP and ZEC are classic examples. No one wants to hold alts and have to work hard on projects, they just want fast easy money and that's what ICO's gave them.

Oyster Perl was hype and a lot of people made money on it especially the bounty hunters.
Bad for people who bought this because they are now holding a dead coin and I cannot even find it now in the CMC.
I have my friend holding this token even when it rise high and regret that wrong decision now, lesson learned for everyone, they should not be greedy when holding as we never know what he future of the coins we are holding, this market is very risky, we should learn how to manage the risk.

But with  PundiX as aproject, I still believe and hold because they are still active here.

Have you heard about Oyster Perl..? They did the same technique, when the price rose they just sold out everything and vanished. The crypto market was never trustworthy but teams making new coins just to pump the old ones is just plain nonsense.

We don't know whether Binance has any intention to delist the Pundix coin, but without any active developments definitely Binance will delist the coin. Recently we have not seen much activity from the Pundix team, but if they didn't secure minimum volumes, then Binance will definitely delist the Pundix coin.

true, they don't focus on their "NPXS" coins, instead they make new coins that shouldn't be necessary, because actually NPXS alone is enough for many uses not needing new coins to replace / add them.

99% of crypto projects are HYPE. did anybody ever notice Bitcoin never had to sell itself, it spoke for itself out of the sheer popularity gained by users spreading the word, not through marketing schemes. that's the difference between a legit and dead end project. What keeps bitcoin valued at where it is one thing for sure because people don't stop talking about it, the community drives its success, not the developers. That's some food for thought.

In Regards to Pundi it was a fail from the start, the first problem I saw right from the get go is the LACK of communication from the team on this bitcointalk thread. One of the reasons (as an example that stratis is a success) is due to the amount of communication the devs/Krushang (PR) kept active with their community/investors and still does to this day. I just didn't and still don't see that to this day. And I was on the Pundi telegram, and that was a pure joke, a lot of "fireworks" but no bang. I will say the Xwallet app is actually impressive. but it screwed the pooch that they didn't' pursue KYC verification of USA clients (wonder why - lack of funding to accomplish this endeavor, or ? ) 

About the price of NPXS this is a straight up disaster for any project, its unacceptable for token/coin to drop below its original listing price, that is a clear af indication there is something seriously wrong with the team/project and that nothing is being delivered as projected.  And quite frankly, it's still absurd that this token's BTC pair was de-listed, you just don't do that, when it's the grandtfather of all crypto, and further limiting the flow of currency between FIAT <-> BTC <-> NPXS. Where now it takes up to an extra step of going from FIAT -> BTC -> ETH -> NPXS, (yes i know you can also buy ETH directly in some fiat gateways). But the point being made here is every extra step (trade) you have to make to get to NPXS costs a little extra in trading fees, which applies in vice-versa as well, where people could have been trading from NPXS -> BTC -> FIAT or another crypto.  I'm bewildered by the thought process to lead to this de-listing decision. 

Yet here we are at 1 - 2 SATS

Just a point I'm not a current investor. I do however follow this thread, cause who knows if a miracle happens and things change that might get my interest to rejoin this project.

I think it is sad that the full potential of this project was never reached. Pundi X looked so promising but in the end it has failed because it never achieved anything.

Now, it seems like it will float around 1 sats and 2 sats until Binance de-list it then it will collapse.

The team probably had bad "advisors" from the very beginning. Here are the major factors i believe lead to a hug price drop
1 - Token swap and later on there was a token split which i believe wasn't necessary
2 - Predictable monthly airdrop to holders. People would buy PundiX at the end of month just to get the airdrop and then dump the token. Remember the tokens had already been split into thousands more so too many tokens were released into supply every month.
3 - There was a famous exchange hack in 2018 where Pundix tokens worth over $26M at that time were stolen. Now i have no been following the hackers addresses but i believe they already dumped them thus worsening the token's price
4 - People lost patience in the project because of no progress and constant price drop.

With the price now between 1 and 2 sats, Divine intervention is needed for it to come out of that zone 

this is the problem, the project develops more advanced but many investors are less interested in this project, who knows what is wrong with this project?

This project seemed promising to me.But the team did not realize all their ideas as planned. And the market put everything in its place.I sold all my Pundi x tokens in the spring. It is a pity that not in the spring of 2018.

100%..? Am just expecting 50% from them, they are not even doing that much in terms of realizing their product into the mainstream. Rather what they did is made a new token and airdropped.. 

maybe he thinks like that because most of the projects have a lot of supply, the price will be cheap, but the problem here is that there are a lot of coins and the team has also been very hard to promote and investors are less interested in this project, the price is very falling.

The price floats between 1 sat and 2 sats so you can evaluate yourself if there is any potential.

So many people lost money in this project because of the failures of the team behind this project.