You are viewing a single comment's thread from:

RE: Why I Just Bought a Ton of Salt

Hey, I know you're probably over this topic since you posted this video so long ago but a response would be really greatly appreciated.

What do you think the new risk factors for SALT are now that the platform has successfully released and they have begun rolling out over a million dollars in loans per day (implying that they have been able to navigate around regulation).

The SALT team has said many times over their official telegram channel that the reason they are rolling out loans relatively slowly over the first few days is that they want a 0% error rate before they scale up and greatly speed up the loan application process.

Furthermore, what do you think could possibly stop SALT from reaching a market price of $27.50 being that you can use SALT purchased on any exchange to pay your principal and interest on you loan, making it very profitable for debters to purchase SALT on exchanges and use it to pay down their loans until the price reaches SALT retail price.

Thank you in advance for your time and I look forward to your response.

Coin Marketplace

STEEM 0.16
TRX 0.13
JST 0.027
BTC 59149.53
ETH 2749.59
USDT 1.00
SBD 2.29