Maybe adding it enables him to maintain the 100% APR throughout ? It is very hard to pay 100% APR in any project without adding new source of income I guess.
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Maybe adding it enables him to maintain the 100% APR throughout ? It is very hard to pay 100% APR in any project without adding new source of income I guess.
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Certainly I hope the goal is to keep adding new sources of income throughout the year.
Dont get me wrong, adding Ethereum to the mix is terrific. It allows us to become, in effect, partial owners in Ethereum mining.
Not a bad deal at all.
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Exactly that's what I was thinking too but I guess he has to increase the price of the token atleast so that it doesn't become unsustainable for him . 3.5 Hive per UTOPIS is too cheap if you ask me if he continues to pay at this rate.
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Or he could cut off the selling after this round and let the market dictate what the token price is.
I am not sure how much money he is trying to raise. Yet he is getting double, in USD terms, as compared to just 5 weeks ago when he started the idea.
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honestly the best approach he can actually take is that he should let the price of the token to be determined by the market itself ...that will make the token itself to become stronger..
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Yeah he could do that but my point was he could sell this token at 5 instead of 3.5 :( He will get more Hive to invest and maybe more returns for holders.
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