I recently heard about the buzz and hype behind the TenX token earlier this week, so I decided to see what it was all about.
What is TenX coin?
- A Singapore-based company that aims at making cryptocurrency easily spendable in the real world through creating a debit-card payment system on the frontend while connecting various blockchains on the backend through a network system called comit.
The Debit Card
Something that I found cool, was that TenX token and debit card holders have the potential to receive rewards for the number of transactions on the blockchain.
sourceIf you want to obtain a debit care here's what you should know about the fees: a physical card issuing fee, a virtual card issuing fee, a physical card annual fee , a virtual card annual fee, a foreign exchange fee and an ATM fee. Here's more info in that on this link.
Reason why I Decided To Buy Some..
- To be honest, I'm just taking a gamble and hoping the odd are in my favor. I'm not sure what the original ICO price was at, but I seen I seen it on coinmarket cap at ~ $16 USD earlier this week. Then today I looked on Bittrex and seen this:
Usually when I see something dump this hard on an ICO, I figure it might be a good time to buy especially with the whole race to make a fully functional debit card, which would be a big leap in the cryptospace right now. So I did just that, I bought in at ~ 1 USD per token, I bought as much as I was willing to lose so it wasn't much BUT if it moons over the next few weeks, I'll get a nice return on profits.
ICO's can be nice trades depending on the hype surrounding it.
i bought 1200 tenx tokens at 0.00048 and now they are at 0.00038 buy now
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Dont worry this project will fly. I am quite certain and well invested by myself!
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It has just went to the moon. If you did hold you would have some nice profits.
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I am doing the same thing! I am going to buy 20-50 and let it ride! If it goes back to $17 you'll have $850 on 50 coins. How many did you buy?
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I bought 50 actually, and yeap I'm on the same hype. I think it's likely to go back up cause from what I was reading it's a near completed project.
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Nice I will hold! If it goes to $40 you'll have $2,000 with 50 coins who knows sky's the limit as long as it's not a scam coin.
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Good call
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Bought 100. Am moving all my btc to altcoins then buy back when it dips towards Aug 1st.
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Good idea
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I got 150 myself hoping for the same as everyone else! Although today is looking disappointing
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Its really too bad that the price before the launch on coin market cap was ridiculous. I bought my PAY an hour an 15 minutes before the market was supposed to be open.
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@blackamine
The ICO Price was 1 ETH= 420 PAY Token.
So we have a --> 100% right now <--. Actually it is a bit more because there is a shitload of tokens right now. 205 Million. Market cap therefore is top 25 right behind REP right now. The start was actually quite nice. I know it doesnt look like that :)
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REP worked hard for it's placement.
So this is promising.
Thanks!
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due to the fact that its only 105 Mio Token circulating it is only rank 41. Which is quite nice. More room for growth :)
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What was the ethereum price at that time of ICO?
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I think that PAY have been hyped up and the real value is probably what we see now. Even though it is a crypto related card, the masses are still oblivious to the crypto-world. They will only be aware when VISA and Mastercard get in the fray. Therefore will TenX have the advantage of first mover or maybe they are waiting for Visa or Mastercard to gobble them up? Having said that I too have bought a small amount of PAY tokens to see what will happen.
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I don't think visa and mastercard are going anywhere anytime soon, so ride the boat and embrace some gains while you can.
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i bought it at around 1.09 and right now its 1.112.
I'm just waiting to see what its fixed price is and then sell to earn more btc quicker.
Did some research into it and its actually pretty interesting, so i might keep it for a longer maybe.
I'm trying to learn cryptocurrency trading similar to stock market and so far all i learnt is that hype and social media (news) is a big drive in the valuation of a cryptocurrency. It is less predictable but similar to the stock market.
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Good call. Now is a good time to buy
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my whole scare is why did it drop? have you figured that out??...july 6th it was over $80!!
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You know I'm not sure as to why the price fell so drastically, but that's nuts man, I'm def taking a gamble but if I lose it won't be that bad.
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I have a few TenX tokens. App looks good, can send BTC to it and spend the BTC in 'normal' shops on their TenX Visa/Mastercard. But what are my TenX tokens for? Why would there be demand for them? They are not the currency for use with TenX and I don't believe they are a share in the TenX company so what are they for? What do they do? Why would their value rise?
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token holders receive a kick back monthly. Its in the white paper. Users X Average Spend per Month X 12 X 0.5 divided by PAY market cap = %per Annum
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yes tenx definitely gonna be big is the future
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Want a boost? Click here to read more!
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This post has received a sweet gift of Dank Amps in the flavor of 6.25 % upvote from @lovejuice thanks to: @blackamine. Vote for Aggroed!
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I rarely buy ICO's . When I see a nice dump at opening like this though, sometimes I'll grab a little if I think it's a worthwhile project. This certainly looks like interesting tech.
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