I am using card daily as my main card. Paying for everything with it. I just need to pay attention so shops doesn't charge me in GIP (gibralthar pounds) otherwise everything is ok.
Why would you care about pay tokens, if there are no rewards?
Token has no use, it is worthless. IMHO it should cost 0 atm. Once they start paying rewards, it should be worth about reward/per yearly token payout *100 or so.
Now - I can't see any reason to hold PAY token.
What is it good for - absolutly nothing.
Why would you care about pay tokens, if there are no rewards?
Token has no use, it is worthless. IMHO it should cost 0 atm. Once they start paying rewards, it should be worth about reward/per yearly token payout *100 or so.
Now - I can't see any reason to hold PAY token.
What is it good for - absolutly nothing.
This is partly true, i mean that the price should be according to their dividends. But what you fail to understand is that we who hold pay tokens invest in future growth and therefore future rewards. Not many companies starts to pay out dividends the first few months being in business, look at facebook, google, .... We invest because we belive that we are early and because we belive that tenx will be successful and being an early adopter in a successful business will always pay off tremendously. Look at this post on reddit, https://www.reddit.com/r/TenX/comments/7b53j3/value_of_1_pay_token_far_off_currently#thing_t1_dpfqx5z , I think that is a valid valuation of the current price per token.
I agree. PAY token is like a preferred stock, which pays dividends. However, technical companies pay dividends not immidiately. Check Tesla for example, the company has losses, but its stocks are rising
