I certainly will not buy such a token. Why would buy something that I can never sell to anyone. So, how do I get my money back? So, what will now be the essence of buying such a token?.
It doesn't make any sense to me buying such token.
Topic: Will you buy a token if its price never went up and you could never sell it? - page 3. (Read 372 times)
September 17, 2022, 03:41:51 PM
September 17, 2022, 03:37:06 PM
Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)
You can come back and buy more of it since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.
Will you buy this token?
Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)
You can come back and buy more of it since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.
Will you buy this token?
Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).
What! am I running a museum or something
why will i buy a token i can not sell or generate profit from? that sounds ridiculous and certainly not good for business 
Any profit seeking investor will not consider such a project a good investment. except there is some hidden benefit which i have to be aware of and must be really beneficial, otherwise it is a big No.
September 17, 2022, 03:04:19 PM
Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)
Will you buy this token?
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)
Will you buy this token?
Well i also voted with "no" because i don't see any useful function in that token if the price won't fluctuate. If i can never sell that token why would i buy it in the first place. Crypto coins and tokens are mainly bought by investors because they obviously are hoping that those assets will increase in price after they have bought them. So if that possibility is not there for your token there won't be anyone that buys that token.
Or are you planning some functions for your token? Like, you get a certain share of the earnings of your project depending on how many tokens you own or something like that? Even if that would be the case though, why would you make that token unable to change it's price and sellable then?
September 17, 2022, 02:26:59 PM
Most tokens are speculative in nature or, in rare cases, endowed with certain utilitarian properties, such as the recent token from Binance. If that token has unlimited issuance and cannot be sold even with a fixed price, then I wouldn't waste my time on such a token, even if you were giving it away as part of a generous airdrop.
September 17, 2022, 06:09:24 AM
how do we know the price is fixed?
It is a hypothetical token in a hypothetical situation. The price is fixed and you can neither sell it nor use it for anything else. You have to just own it (imagine a hypothetical NFT created for some sort of digital art or something like that).P.S. please don't forget to also vote
September 17, 2022, 05:57:40 AM
If it's for the matter of just like having it like a display or memorabilia from a celebrity, an athlete or any known person, I guess that there will be people that will buy it but I won't.
With the description that you're saying, this is with the NFTs but with the little twist that they can sell it later. Those NFT arts that have been kept by those people that just want to buy like a piece of it because they admire the artist. They don't know how much it will be in the future but that's the other side of it, they can sell it eventually if they want to.
With the description that you're saying, this is with the NFTs but with the little twist that they can sell it later. Those NFT arts that have been kept by those people that just want to buy like a piece of it because they admire the artist. They don't know how much it will be in the future but that's the other side of it, they can sell it eventually if they want to.
September 17, 2022, 04:50:05 AM
Back then, when I wasn't familiar with the forum, I bought it and I don't know what happened next, one of them is ubcoin, which reportedly acquired and integrated the swallow on Samsung phones. Until now it's not clear. I've bought 0.5 eth.
then proceed to the airdrop and also buy it occasionally from the website. I don't regret it because I just fomo and join in. but after getting to know the bitcointalk forum at least to have altcoins, I just want to participate in the bounty. You also have the same opportunity, friend. at least it will make you have a new token token. although you can also buy it on the website in any project. I think everyone has a different analysis. if you are not satisfied with the distribution of the bounty you can buy it yourself to have more. to d save. I think you are looking for a new project token?
then proceed to the airdrop and also buy it occasionally from the website. I don't regret it because I just fomo and join in. but after getting to know the bitcointalk forum at least to have altcoins, I just want to participate in the bounty. You also have the same opportunity, friend. at least it will make you have a new token token. although you can also buy it on the website in any project. I think everyone has a different analysis. if you are not satisfied with the distribution of the bounty you can buy it yourself to have more. to d save. I think you are looking for a new project token?
September 17, 2022, 04:45:30 AM
No I wouldn’t buy it because I don’t see what use it would be. Inflation would render it useless. If the price never went up it’d be even worse than fiat low interest savings accounts. It’d not be of any interest to me at all.
What you say is true other than that buying coins that never go up will only waste time,I don't think anyone will deliberately spend time on things that are not useful,
after all there are a lot of potential coins so there is no reason to buy such coins
September 17, 2022, 04:13:03 AM
No I wouldn’t buy it because I don’t see what use it would be. Inflation would render it useless. If the price never went up it’d be even worse than fiat low interest savings accounts. It’d not be of any interest to me at all.
September 17, 2022, 04:07:49 AM
Buying a token I cannot sell to any other person, I would in turn assume that there might be something else the token can be used for outside selling that might be valuable to you having to buy it in the first place, but if I cannot sell and has no value added characteristics, I don't see the reason.
September 17, 2022, 02:18:31 AM
if i want my money back, i would have to trade it to the market where i bought it. it will be good to see there will be buyers when i come back to trade. but if we can't sell them, how do we know the price is fixed?
one problem with stablecoin (USD) will be its purchasing power too. we all know how much gas per gallon already. if today we can see $4/gallon. tomorrow we'd likely see more than $5-6. its best to buy gallons today than tomorrow. its best to try our chances in buying a coins where its value could go up.
September 17, 2022, 01:57:18 AM
Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)
You can come back and buy more of it since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.
Will you buy this token?
Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)
You can come back and buy more of it since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.
Will you buy this token?
Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).
Jump to: