Hey guys, I have an interesting question, don't know why I didn't thought about it earlier. We have supply of 1 000 000 coins and a lot of holders. Who are we buying from? For example I'm not going to sell my coins unless the price is measured in thousands.
So right now (as I understand) we're buying from markets, which some of guys sell to. But if we (holders) buy every single coin and stop selling, the price will increase drastically, because we will create deficit and no one will be able to buy a single MM but on our conditions.
So what I suggest is to participate in buying our coins off market. It should be done in waves. Let's imagine, we (a hundred pals) agreed to buy some more coins at the same time tomorrow. We do it -> price go up -> some of this hundred sell instantly to gain the profit, but part of the coins are in our hands. So we repeat this "wave of buying" until we (true holders) have all the coins in our hand. Now we can control the future. What do you say?
@RomanistHere I am not a fan of group buys as you propose. But it is a free market and anyone can do whatever they want.
I make consistent passive buys of MillionToken each week every Tuesday and HODL. If folks want to sell, that is their business as they can sell. My passive buys come from trading my Quick tokens from the 300% APY pool over to MM tokens each week. I keep it simple. No emotions whatsoever. Not financial advice.
Just dropped this video today. Good week for the MillionToken community. From now on I will be calling it a utility token as it's not just a "token" anymore.
