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/biz/ - Business & Finance

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6042943 No.6042943 [Reply] [Original]

https://medium.com/@michaelstrutton/lending-arbitrage-with-a-grain-of-salt-9bd8335b18c0

This article describes, what an easy and obvious x2 SALT is from here.

You can pay back your (whole) loan with SALT, where it will be redeemed at a fixed price of 27,50$ per token.

BTC rekt its moon mission and people seem to forgot since then.

Get your SALT cheap now or others will do before you.

>> No.6042993

deluded salties

>> No.6043025
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6043025

>>6042993
>Proof-of-Just

>> No.6043076
File: 101 KB, 1920x1080, JUST.jpg [View same] [iqdb] [saucenao] [google]
6043076

>>6042943
SOMEONE HELP MEEEEEEEEEEE I'M ALL SALTED UP AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.6043330

>>6043076
Joke's on you, im way up since my entry from that last dip.

>> No.6043523

They released a news letter via email just 2 days ago.

They increased the use-case of the tokens. They also explained how they are changing to a new system called Proof-of-Access, which combines Proof-of-Stake along with Proof-of-Participation in their economy, and it will reward their members in numerous ways based on tiers.

Beginner, Advanced, Enterprise, and Platinum.

Platinum members will be able to increase their loan amounts up to $25 Million.

When 50k people have already requested $550M in loans, just think about Q3 and Q4 of this year, when that expands to 250,000 people and, with the increase in loan sizes, up to $50 Billion in loan requests.

The price per SALT is going to skyrocket to astronomical values comparitively.

I can see SALT, being the first and only operating collaterized cryptocurrency lender, during a point where people are sketched out about banks freezing their assets or having to pay capital gains taxes, being phenomenally successful.

We're talking $500 - $1000 per SALT token by EOY.

>> No.6043528

gonna be months before basic members get access to loans

this will be one of the slowest growing coins while everything else moons

>> No.6043940

>>6043528
The value proposition will be realized when initial loans are issued and repaid using SALT.

It will easily 2x by mid Q1. 10x by Q3. 50x by EOY.

If you don't think the first officially regulated cryptocurrency lender, ever, isn't worth $50 Billion by the end of 2018, you're either naive or incompetant.