This post is not financial advice. I will be using Hive/swap.hive interchangeably in this post.
One of the things folks have brought up when I am discussing the UNICOIN token is the fear of token dumping. Since the main distribution will be tipping bots and planned giveaways/collabs "what if people dump the tokens and the price falls?" is a common question.
My answer.
GOOD Seriously . The price doesn't actually matter because I will be doing buybacks at more than 1 hive regularly(after the pre sale) and also the HSBI exchanges. Regardless of the price the value of the token remains the same. Actually, over time the value of the tokens will increase but I digress.
If the tokens were not backed by Hive and there was no use case then yes tip bots and giveaways would tank the price over time but the price doesn't really matter when regular buybacks at more than 1 Hive occur.
The price doesn't matter because the value will not go down
If people want to dump their tokens for less than 1 Hive I will buy every single one that I see. It actually will help the profits and payouts over time on this account if that happens.
In fact if it is a common thing I will set up a trade bot to auto buy them.
Tokens bought at prices lower than 1 hive will likely be burned or recycled and used as giveaways. Giveaways are a net profit win so those tokens will mean even more value if given away. Burning tokens also adds value to the program over time.
Since all tokens are backed by Hive power /Hive buying them for less than 1 hive is a steal.
So please by all means sell your tokens for less than 1 Hive. It will help this program and increase profits.
I know it's backwards from what most people think. Most token owners and hodlers cringe and stress out at the thought of the token price going down but for this token and how it's set up it is actually a neutral -good thing.
Remember the tokens minted are already "paid for" in Hive/Hive power so there really is no loss from my perspective.
If you ever see tokens being sold for less than 1 Hive please notify me. Comment or DM on discord or whatever. I am serious I will buy them all either with this account or my personal account.
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