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Alternate cryptocurrencies / Altcoin Discussion / Re: Any good upcoming ICO for 2018 ?

on: June 01, 2018, 12:44:20 PM

These are excellent choices. Personally in on Optitoken, small but GREAT IDEA, that can be immediately profitable without many complications and has a clear underlying value. http://bitcoinist.com/3-icos-huge-potential-2018/

Alternate cryptocurrencies / Speculation (Altcoins) / Re: Where to invest 500$

on: June 01, 2018, 12:34:53 PM

If you want great returns, ICOs are a good choice. These are both great: https://themerkle.com/2-out-of-the-box-icos-that-will-surge-in-2018/

Alternate cryptocurrencies / Altcoin Discussion / Re: Can a team control the price of their own coin for growth??

on: May 14, 2018, 05:32:26 PM

So after watching for some weeks and getting familiarized with the CEO (he is a very down to earth guy, very responsive, check Telegram) I decided to invest! Things are gaining traction too: http://bitcoinist.com/3-icos-huge-potential-2018/

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] 📊OPTITOKEN📈: A hyperdeflationary automated tokenized portfolio 🌍

on: April 01, 2018, 06:34:23 PM

Congratulations and best of luck! After careful deliberation and talking with the devs I've decided to buy into this ICO. I really like the idea of the OptiX trading engine feeding profits/value to a cryptotoken. The added buy pressure technique is also interesting, but this first notion is possibly groundbreaking. Let's see how the sale goes.

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] 📊OPTITOKEN📈: A hyperdeflationary automated tokenized portfolio 🌍

on: March 16, 2018, 04:14:06 AM

I'm seriously looking into buying into this, but I still have some questions. Anyways, I was wondering what the limit is for the buy pressure strategy, how far can it go? Because initially it can create a lot of wealth for holders but you can't keep on buying and destroying forever right? I imagine that it has a long way to go and price will stabilize at high levels but would love some insight on this! Thanks!

Alternate cryptocurrencies / Altcoin Discussion / Re: Can a team control the price of their own coin for growth??

on: March 09, 2018, 06:22:55 PM

Quote from: chukaday on March 09, 2018, 06:05:55 PM While a team can do this, they certainly shouldn't for a myriad of reasons. One being it is unethical and if anybody catches them, the project will lose a lot of confidence. Two and just as important is if you have a good project you shouldn't need to worry about manipulating the price. Only weaker coins or tokens that are about that P n D life will manipulate (at least this how I view it). I understand your point, but this isn't a PnD, its part of the value of the coin. As the underlying portfolio trades and makes profits they will be distributed to holders, with the extra twist of the token burns. So it can create semi stable value but also a possibility for interesting gains.

Alternate cryptocurrencies / Altcoin Discussion / Re: Can a team control the price of their own coin for growth??

on: March 09, 2018, 05:24:47 PM

Quote from: CryptoClown on March 08, 2018, 03:58:50 AM Everything is possible in my opinion. They can create their own hype to pump the prices of their own coin so that everyone takes an interest and invest too because let's be honest that not all do their own research regarding the project and just invests without knowing about the background. After the pump there will be eventually a dump so its not really a good technique to apply on a certain project. Might as well think of a good marketing plan to keep the coin's price stable. Well, if done correctly the dump shouldn't be too hard. They could even save some to create sell walls or something (I just asked on the dev) Plus the fact that destroying the bought tokens could make holders hold more? Not sure on that one. Would def like to see this project make the market so we can see how it works haha Just one last thing: can anyone with a solid grasp of economics explain if there is a limit for this buying back and destroying tokens? How would it work long term? Would people not want to sell? It's a bit mind boggling for me.

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] 📊OPTITOKEN📈: A hyperdeflationary automated tokenized portfolio 🌍

on: March 09, 2018, 05:05:37 PM

Quote from: OptimalSeanimal on March 07, 2018, 12:57:48 PM Quote from: psicopompoi on March 06, 2018, 03:01:05 PM Hello dev, interesting project. I read the white paper and have a few questions: - How frequent would buy cycles be? Will you have a strategy of price stabilization? Or will it depend only on profit creation with the portfolio? Hi and thanks for the great question So when we open on market, there will be an immediate buy cycle as we’ll have operational profits created during the presale and ICO phase. This will be a significant cycle and a very important one for establishment of our brand of currency! It should be a head-turner and should attract much attention which is great for marketing. As for future cycles, we will need to be able to accomplish sufficient support so we will need to determine thresholds to = or >. That will be quite easy to determine based on volume averages and limit buy/sell order depth at given times. As the project moves along the thresholds should grow and that’s a good thing as that would mean our organic volume is maturing and growing. OptiToken should be able to accomplish this in a manner that outpaced most projects that open and rely on simply twirling their thumbs and waiting/ hoping for adopters to come. As the thresholds grow though so should our ability to meet such thresholds theoretically as we should become more profitable over time assuming our algorithm meets or exceeds expectations and forecasts. Ok... got it! and how does this relate to buy backs that other projects are offering? And is there any way to avoid a dump after a strategic buy? So the price doesn't crash too much? That would be incredible!

Alternate cryptocurrencies / Altcoin Discussion / Re: Can a team control the price of their own coin for growth??

on: March 08, 2018, 01:22:47 AM

Quote from: chutchmcgillicutty on March 07, 2018, 09:43:19 PM Quote from: psicopompoi on March 07, 2018, 07:32:36 PM Hey guys, just joined the forum and going through the announcements I found this OptiToken project. The team and white paper seem legit, and I like the idea of owning part of a portfolio that trades automatically, as I have tried trading but I'm a noob and suck at it. The thing I'm not sure about is they plan on making it a hyperdeflationary currency in a way I haven't seen before. With the portfolio trading, they will use profits to buy their own tokens on the market to create "buy pressure" and then destroy the tokens they buy to create scarcity. They say this will create price growth (even in bear markets) and value for holders long term, and meanwhile the underlying grows... As I see it they are basically controlling the price of their own currency to make it grow... Does this make sense? Is it doable? I like the idea of owning a token that can see this kind of growth but I'm not sure if it can work... ANN is here: https://bitcointalk.org/index.php?topic=2975245.0 PS: Tell me if this isn't the place to post this and I'll move it! Theoretically, a team could control the price of their coin through supply and demand. Say a coin comes out at $5 Then, the team let's something leak that is bad news Price drops down to $0.25 The team could then buy back their coin and create a more limited supply Then the price would go up Very easy in theory, but difficult to pull off in real life since the market is more than a two-point system... The supply - demand control is what they are proposing, but not through news manipulation. They don't want to make their currency drop in price, only make it appreciate. So they use profits from the trading portfolio or fund and buy on the main exchange, making price go up. Then they destroy the tokens. So it's not so hard as manipulating with bad news. The thing is if they can keep up the trading profits... for now they have (if their live portfolio doesn't lie) but I'll watch to see how it goes! I found an image that explains it but it seems my account is too new. It's in this link: https://medium.com/@OptiToken/unique-value-proposition-strategic-buy-pressure-and-strategic-scarcity-9da9f645e971 Quote from: chokomenia on March 07, 2018, 10:58:55 PM well Coinmetro exchange which is an upcoming exchange planned doing same thing with their exchange, they will buy their tokens back when the price is going down and put it back to sale when their scarcity. The deal is cool to me but I don't know how they will implement it, until it is test and prove working, i am not investing. Well this is what Optitoken is proposing I think. The thing is they will be making price rise by buying from the profit generated by the portfolio trading, which is the underlying value. Yeah, I'm still doubting. I'm on the telegram channel now to see how they are handling stuff. Quote from: CryptoAlphaStar on March 07, 2018, 09:04:48 PM Yes, they definitely can. The best way is if the economics and math behind the token is designed in a way that it stimulates natural growth with time. Provided that adoption and demand of the token increase. The team can also manipulate the price by bying or selling its own tokens on exchanges. For example, Canya recently announced they will buyback a portion of their tokens. Legit projects should care about price movement and early investors and guarantee a min low of the price on the exchanges. Thanks for the other example, I'll check to see how it's going for them... I agree with that last part. I already bought an ICO that just tanked on exchange... this seems to solve it by creating stable prices through a sort of distribution of value from portfolio to holders. Still have to trust them though. Quote from: trademark on March 07, 2018, 09:51:45 PM It will depend on how many bitcoins the team have saved up for the purpose of buybacks and also how large the daily trading volume is. If the volume is low then yes, it is very possible to keep the project from drowning but if the trading volume is very high, it will take much more funds to keep it above waters and that's not even a guarantee. Well in this case the buybacks will come from trading profits of the portfolio, so they should be regular and in theory also work in bear markets like this one, as the live portfolio shows profits... which for me is the most attractive cause I can't trade (bull or bear lol) and the coin will hold when others are down...

Alternate cryptocurrencies / Altcoin Discussion / Can a team control the price of their own coin for growth??

on: March 07, 2018, 07:32:36 PM

Hey guys, just joined the forum and going through the announcements I found this OptiToken project. The team and white paper seem legit, and I like the idea of owning part of a portfolio that trades automatically, as I have tried trading but I'm a noob and suck at it. The thing I'm not sure about is they plan on making it a hyperdeflationary currency in a way I haven't seen before. With the portfolio trading, they will use profits to buy their own tokens on the market to create "buy pressure" and then destroy the tokens they buy to create scarcity. They say this will create price growth (even in bear markets) and value for holders long term, and meanwhile the underlying grows... As I see it they are basically controlling the price of their own currency to make it grow... Does this make sense? Is it doable? I like the idea of owning a token that can see this kind of growth but I'm not sure if it can work... ANN is here: https://bitcointalk.org/index.php?topic=2975245.0 PS: Tell me if this isn't the place to post this and I'll move it!

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] 📊OPTITOKEN📈: A hyperdeflationary automated tokenized portfolio 🌍

on: March 06, 2018, 03:01:05 PM

Hello dev, interesting project. I read the white paper and have a few questions: - How frequent would buy cycles be? Will you have a strategy of price stabilization? Or will it depend only on profit creation with the portfolio?

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