Yes it will rise for sure but last thought on it; i believe Pokens are what they are referred to when placed inside the platform. If you have 1 PPT worth $6 USD you will receive 6 Pokens to be used for auctioning. If you take it out of the platform you will receive the equivalent PPT back or the fiat equivalent if you choose to withdraw in fiat.
After reading this it is clearer to me:
https://medium.com/bitpopulous/our-secret-sauce-bd5e1d35f8a6When you buy a contract you deposit your PPT which gets turned into pokens which you then buy the contract with. When the invoice is paid, you get your PPT back and the profit in pokens.
So apparently you could then accumulate pokens over time and I suppose use those to buy contracts directly without PPT but then do you get paid in PPT + pokens or just pokens in that case? And since you can exchange fiat for pokens,
what is the inventive to use PPT and not just invest fiat? That is the question. Sure the value of a PPT token will change over the time the invoice is outstanding, but that is not a reason to use PPT vs fiat.
And that is the question with all of this FUD this morning....what is the incentive to use PPT vs fiat? Obviously, those who buy PPT early and cheap if it does go to $10+ will get to buy invoices with an appreciated PPT value. However, if populous accepts fiat, Bitcoin, etc to buy pokens and buy invoices then all of us PPT holders will have to compete with not only other PPT holders but the rest of the crypto scape that wants to earn 4% per month. Now, if there are 100s/1000s (enough) of invoices to always be some available then it doesn't matter but hopefully not just praying for a scrap or 2 every couple of months to go buy. I was hoping to invest all value monthly if possible.
