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RE: Why I Am Not Worried About The USD Price Of POLYCUB

in LeoFinance3 years ago

Since there is so much shilling ongoing here, let me play the devil´s advocate for now.
One could argue that this hypersophisticated project is not more than a Ponzi scheme, just waiting for external people to ape into the seemingly "cheap" coins. Yes, less and less tokens are produced, but don´t forget that in first place millions of Polycubs were generated just out of thin air. From where should the value come, from the repeated promises that inevidently the price will go up? The price will only go up, if enough new people ape in. So even more shilling, more promises, etc.
It is just a race between the people hyping and the people selling.

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What you completely overlooked is the use cases that are being built into the platform. Liquidity pools serve a function along with creating fees that end up being fed to token holders.

Do you think that having a HBD liquidity pool will be used and generate fees since there are few ways to get HBD easily?

How about collateralization of the assets which allow for further investment?

It seems most overlook the basic business building concepts while only focusing upon the tokenization.

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don´t forget that in first place millions of Polycubs were generated just out of thin air. From where should the value come

I agree with you on this point. And this is the reason why people keep selling it like crazy.
I'm waiting for Collateralization lending and Bonding to be released. Because I see this is where PolyCUB value comes from.

Posted Using LeoFinance Beta