Hello SPIers, today we talk about me (silverstackeruk) maybe selling some SPI token into the market. It's very clear that nobody is selling SPI tokens so there might be a demand for some. Would be nice to get some new blood. Of course just cause people dont want to sell does not mean people are looking to buy but maybe.
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This will not be a long post, im mostly looking for some feedback to see if there would be any demand for some SPIs. I have a bunch and I dont mind sharing (for money) because I'm a nice guy.
I currently hold 18,071 SPI tokens. When SPI launched I bought 5000 and had a target of 10,000 which I hit before we hardcapped it at 100,000. 7000 have been burned since then so there's 93,000 in circulation. Way back in the day for around 9 months, we used to issue dividends as SPI tokens so I got some more from that, hundreds not thousands. I mostly built up the rest from buying them off HE at 70-90% of the liquidation/true value.
I remember seeing people list them for sale at a 10-30% discount and I wrote about it at least 15 times over the course of 6 months from this account but nobody was buying them so I thought, I'll just buy them myself until everyone that is selling has sold and thats what I did.
People are not listing them for sale at a discount no more, infact nobody is really even listing them for sale at all which is perfect. As a long-term HODL token, its pretty cool from my POV when I see 16 tokens out of 93,000 listed for sale. Makes me think about a SPIv2 token 🚀. If there is a demand for some SPI, it would be nice to get them into new investor's wallets and spread them out a little more. When SPI launched, I had a target to own 10% and im at nearly 20% today. Long term, im good with 15% so it's possible I sell around 5000 tokens over the next 2-3 years.
Im thinking to list 1000 SPI for sale
I'd most likely do this on a Sunday when I have just completed the weekly report and have the most up-to-date SPI price. If they sell out pretty fast, i might consider listing another thousand but thats not in stone.
What do you think? Would you be interested in picking up some SPI before the bullrun starts properly?
| Token Name | Main Account | Link to hive-engine |
|---|---|---|
| SPI token |  | SPI |
| LBI token |  | LBI |
| Top XV token | | XV |
| Eddie Earners |  | EDS |
| EDS miners | | EDSM |
| EDS mini miners | | EDSMM |
| DAB |  | DAB |
| DBOND | | DBOND |
