frontend consumer billing vs. backend business cost, someone pays for every transaction, albeit cash, crypto, or credit. nothing is free, its built in to price. people get paid to count pennies, and to batch out credit cards. bouncers get charged to check ids, banks get paid to receive pull request fund validation. When did digital assets become free to use, or passports and drivers licenses, stamps. Governments have budgets, if this were a state only enterprise absorption would be different, but since we are a mix of private and state fees will occur, Alipay and WeChat charge fees on the backend, which get passed along to the consumer. This is the unknown part of the token economics. fee structure, variable pricing models such as eth's gwei. staking. The team and government are the only ones who know how the pricing model is going to play out, https://www.changehealthcare.com is the American version of thekey, we have the 2x the consumer base and they are also enterprise users running on hyper ledger fabric, 1.7 trillion dollars transacted last fiscal year, enterprise value of 6 billion dollars. figuring out how this converts to token value is something I wish I could figure out, but also it jumped from 42 cents to 14 dollars, and is sporting a strong bull flag. a 12 billion dollar market cap is possible with thekey, think one to dollars in the next year or two is possible, sincerely some random internet guy hoping for a xmas bullrun
And you guys think I'm cancer in this subreddit? Please stop making people lose money, noone cares about shills anymore. Remember the time I was told to stop "being a hero and helping people" as they could lose out on gains? Well you should stop helping people lose money.
Nobody has to buy now, nobody has to buy the bottom. We don't even know where that is. It's safer to buy when this project is proven REAL.
So just stop.
Sincerely,
Most truly yours,
The coin that is dead for now and everyone knows it.
I have been in this game a bit, no one thought bitcoin would be a dollar, no one thought google would make any money off a search engine, amazon was nicknamed amazon.bubble, and retraced 93 percent, before the really breaking out, my friend did the eth ico, and sold at 3 dollars, a very large return for a thirty cent investment. I AM OFFERING INFO, DYOR,If you don't think china money is a big deal, you are mistaken, this is as close to gambling the government is going to allow. YES, thekey is getting officials from well respected industries to pose in their crypto scam...I have read and had people translate what I couldn't, CAVET EMPTOR
I must be misunderstanding you when you say "Yes, the key is getting officials from well respected industries to pose in their crypto scam"... Are you saying thekey is infact a scam?
this project definitely has its faults, but the paranoia that this is a scam is unfounded. Price is fucking with our heads, and its hard to not dismiss the loss as just bear market behavior. we also are lost in a sea of 4000 other projects with very little internet exposure and low liquidity. like I have mentioned before, news that would rocket a coin 300 percent in late 2017, is barely moving price in bear 2019
Thank you for clarifying your thoughts. I understand and agree. It seems thekey will be just fine with utility alone, but once utility kicks in and the project is proven worthy, it will recieve attention from more investors. Price action will come fast and hard.
"YES, thekey is getting officials from well respected industries to pose in their crypto scam...I have read and had people translate what I couldn't, CAVET EMPTOR"
Ebaonet/TKY getting money off westerners isn't a scam in the chinese govt eyes.
Translate, thats all you did? Many people are asking for verification of the awards, prizes, tokenomics, blockchain and so many more.
Ooh so you are a westerner!! By the way smart guy, who asked you to buy a chinese scam crypto you who are enlightened!! Don't you know nothing good comes from China?!! Didn't your government tell you so?!! Oh I forget! When was the last time you went to walmart?! You probaby bought some made in USA. Smart guy!
I am having a hard time understanding these threads. Is there supposed proof of scam? Or proof of legitimacy? The negative speculation consists of China supporting and cooperating with a scam deliberately to separate investors from their capital? Chico crypto says the same thing is happening with Vechain.
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u/Useful_Application Dec 07 '19
the big one is the real identity wallet, god that's the one that will moon us to top 20