Words with Mr SP Invest - Weekly SPI Token price change?

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Here are a few words with Mr SP Invest himself. This week i do the last video were i talk about steem-engine, back buy wall and SPI token price. Well, maybe not the token price but the other 2 have been dragged out, it's time to knock the final nail in the coffin and be done with it and onto greener pastures as the man says. Dont ask me who the man is, he's just the man that says...
As always enjoy the video folks and please share your feedback. In fact this week I'm gonna flip it and say don't leave any comments, I'm bored with your silly questions and your problems are petty to me. Let's see if that works, treat them mean to keep them keen.


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You can buy SPI tokens directly from @spinvest. Each token is currently priced at 1.00 STEEM and you can also send any amount directly to @spinvest and i will issue you SPI tokens to 2 decimal places for the value of STEEM to send. All tokens bought directly will be sent to investors SE wallets within 24 hours but most likely much sooner.

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Important Information

InformationURL Link
SteemPower Investments Introduction PostClick HERE
SteemPower Investments Club Partnership AgreementClick HERE
How to become a club memberClick HERE
How to convert SE tokens into SPI tokensClick HERE
Join the SPI club Discord serverClick HERE
Join the SPI curation trailClick HERE
What's best for the SPI Club? Centralized vs DecentralizedClick HERE
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SPI Club monthly Fiat to SPI token group buyClick HERE

All questions are welcome, please ask in the comments below

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9 comments
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Sounds like you've got it handled. Thanks far the video and update. I really appreciate all the work you put into this.

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No worry as always, thank you for your support

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I love the weekly price change idea - 100% in favour. Thanks as always for the update.

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Yeah, just came to me. I think this is the very last loophole i know about. At least what i can think of. :0

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So are you talking about weekly random price changes, or weekly price increases???

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Weekly price changes on a random day not random price changes weekly, lmfao :)

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This was an interesting watch as someone who has only recently discovered SPI. It did raise a couple of questions for me though.

Firstly, weekly price changes - could these be seen as detrimental to the market? If the price jumps too often it may turn people away, likewise if there are sometimes price drops, people may hold off buying in the hope the price goes down next week.

Secondly, you briefly mentioned a dividend. How do you foresee dividends being returned to tokenholders? In the form of Steem or additional SPI tokens or something else entirely?

Cheers

Posted using Partiko Android

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Hello, sorry for the late reply.

I had to double and triple read the line "If the price jumps too often it may turn people away"

Never heard of anyone not liking the price go up. SPinvest is backed by SP and valued in STEEM so it's not likely that the price will decline. Think of it like having money in the bank earning interest. You'd be pretty shocked if the account balance started to go down.

Dividends are paid out as SPinvest passes through key issued tokens amounts, the next being 100,000. These are small and are paid in SPI token. After all, tokens are issued, dividends will become a regular thing but we have lots of time between we look into that proper.

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What I meant there is if the price looks to be being artificially inflated, it can look sketchy, and if a potential investor has X amount of Steem to invest, and sees the amount of shares it will diminishing regularly as they pull the funds together, it may see them choose an alternative investment vehicle. Everything I have read promotes a long term strategy, so rushing the price up too frequently when the demand isn't there, may be counterproductive.

Thanks for the dividend clarity. Gaining token holding growth until all tokens are issued is good. If we need to cash in the dividend the buy back wall is there, or we can let it grow.

I know I'm asking a bunch of questions and don't want to be seen as negative, I just want to fully understand exactly what my Steem is tied up in.

I'm testing out the beneficiary feature on a couple of posts I did yesterday as well, so I'm keen to see how that works for me too.

Posted using Partiko Android

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