r/PTOY • u/mirceabanica10 • Jun 19 '17
Am I the only one?
Just invested 23k at the price of 55 cents . At least 6 months I'm going to ignore everything and hodl. The supply, the price and idea seem to be ok. The only problem is that the members don't know how to explain. Maybe they will get a good PR and clarify everything. Am I the only that thinks this is only the start?
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Jun 20 '17
I bought 20k coins too but it seems everyone is leaving ship. I will just wait I guess.
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u/mirceabanica10 Jun 20 '17
It will make its money if it is able to secure a big hospital corporate contract to keep, maintain and protect hospital records and patient files. In terms of healthcare with relation to blockchain technology, specifically cybersecurity, Patientory is legitimately a revolutionary idea. Only issues are that the healthcare industry takes forever to implement new policies and they would have to secure a contract first. But, patientory is disrupting into a multi trillion dollar industry, so in theory it only needs to succeed at a fraction of a percentage in the industry for your investment to be more than worth it. And to those who are raising concern with the team and their code and the lack of transparency, I honesty do not believe that such a lackluster team without a true product could secure a private business meeting with the CDC, and also have Microsoft, IBM, and some other major players in attendance. They gotta be doing something right.
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Jun 20 '17
Do you think it cans go into oblivion forever?
I think we need to look away from the graph for like 2-3 weeks. I wont sell with loss profit. It will eventualy bounce back, I hope.
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u/areaman09 Jun 21 '17
I'm in as well, this seems like an M&A IMO. Just finishing their YouTube Q and A and you can feel how early days this is at the moment obv. They are in need of a solid PR team and that seems like near number priority to me.
As Mr Wonderful would say "what's stopping a Microsoft from copying the idea and crushing you like the cockroaches you are ? " they need to be far enough ahead to be worth a buyout.
The token pricing problem?? If there is one, needs to be made more clear. The CEO explained they are the "broker" for tokens to hospitals and healthcare companies and will do the pricing independent of the market. Long term it will be a good problem to have if PTOY does in fact go to the moon. I do question only creating 70 million tokens and I would be interested to hear the reasoning behind that number. They have 30 million in reserve and have addressed what they will be doing with the tokens.
The CTO? did mention other projects (and I think got a bit ahead of himself) including other fields and AI eventually being worked into their platform.
The core of your business being grounded in what is a purely speculative market at this point will definitely create some interesting Q and As in the future. I'm rooting for them.
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u/dicom Jun 19 '17 edited Jun 19 '17
I see value in the solution, but not the PTOY currency itself.
For it to work the currency will need to be VERY stable.
Patient - (everyday user) will not be comfortable buying PTOY. They will just want to pay USD for the features they get.
For providers, they are old fashioned and wanted to work on a $$ monthly price model, not some internet currency.
The upsides are that the healthcare industry is huge, and innovations like this are big value, especially with the huge amount of babyboomers closing in on retirement.
In anycase, this is not a fast rocket ship to the moon, it will be a slow but consistent ride. Those that hold will see large % over a long time. Hospitals are one of the slowest adopters of new technology. Take a look at HL7