Mrik says:
that's not what they said last time they spoke publicly. I also have issues undestanding how TIOx can be dead if it keeps paying out daily interests
If you are talking about the "brand" and that the "TIOx" brand is dead because of too many bad stories, well I don't agree with you.
As a TIOx owner, what happened ?
1/ They launched a crypto exchange
2/ Crypto exchange was failing probaly because of technical reasons
3/ They decieded to rebuild a business plan from scratch to keep the token alive, going all in the fx markets, that the founds of tiox know pretty well
4/ They hibernated the crypto exchange and said goodbye to lots of good people to kill the costs and be able to mature the fx business and promised that if the fx business becomes success, they ll try to relaunch the crypto exchange
5/ The fx business is successfull (for 2.5 years old business it s doing pretty good), and they came back to us saying they are planning to relaunch the crypto exchange.
6/ We are waiting for the crypto exchange relaunch, and in the meantime, we are still getting daily interests
I don't see any real betrayal there. I see people that try to run a profitable business, and that go the way that will make it profitable.
There's a saying where I live which goes by : "Real entrepreneurs know when to cut their loss and test new things, only politicians keep trying in a loosing venture and even loosing 2x more for no results)"
Well in my opinion that's what happened here. I m pretty sure none of them were happy about shutting down the crypto exchange, and missing the 2017 bullrun, but they took some decisions, and despite what they would go through with all the negative comments, they remained there building up something from the ashes.
I m probably biased because I do own a bunch of TIOx, but the reamining trade.io team also own a bunch of TIOx, and for all that I can see, I don't see them doing anything against the interest of TIOx in the long run. Yes sure, short term speaking they could have pumped and dump, definitely, but they didn't. The token is still there, the payouts are still there, and they are still building. Yes we are far from having recovered our initial investment, but TIOx is still alive, and as long as it does, there's a chance that we go back up.
I m surprised that after all those years, some people are still here to spread negativity. If you don't see any future, then just leave and sell your TIOx on uniswap, that's not that difficult and if you consider there's a slight hope, then you could always DCA with current price of TIOx, for the few additionnal hundred dollars you would invest, you know that the team has been paying for 3 years on a daily basis.
And final point, if you are trying to compare tiox to ETH or BNB or some other tokens, well it's your right to do so, but just understand that in real life, not every single company become a multi billion dollars business. That's not how things work. You have some very successful stories, but that represent maybe less than 1% of business... A huge majority of business dies after the first 4 years. So the investmenent you made into TIOx in 2017 is now older than those 4 years AND is profitable. Check how long it took for Amazon to be profitable, check how long it took for etoro to make decent money, even apple, it went high, then turned pretty bad, and then came back. So stop comparing to other projects, do your own reasearch, invest in what you think might work, and only invest depending on your financial capacity. If at some point, your investment set you at risks, you are the only one responsible for that.
Cheers
Ravinderjit Singh ~ Jessel Consultancy:
I will always hodl and from day 1.. I was here believing in the project. As sad as it is now.. I still believe.
As long as LP payout is there.. I believe someone from the top management is watching and has not given up.
If only there are projects that require tiox.. it will increase demand.
I guess there need to be a solid plan to revive it first before they can come on here.. if not it will just be a punching bag and stabbing AMA. Everyone just want to find someone to scream at and point fingers at this time
.. seriously.. being hush till there is a solid plan to turn on the exchange is the right thing.