Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.
Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.
Thanks for a possible explanation. Not only is it short-sighted, they must be a TERRIBLE PR company. If the market happened to naturally dump ('on the news' perhaps) well that's out of anyone's control but what could be worse for PR than them dumping Incent (potentially precipitating a larger dump) at the very point you are starting to buy off the market for the first time ever and so hopefully demonstrate the impact & future potential of one of Incent's main USP's? Only get to make one first impression & ironically the people paid to help make it great have made it pretty poor. Regards bot buying, shareholders will be keen to see evidence presented transparently, clearly and frequently in this thread especially given the recent market movements. Good luck, some great projects using Incent atm. I think it's extremely likely. They transferred a large quantity to Bittrex and a dump immediately ensued. Followed, no doubt, by a bunch of other holders who got spooked. I saw a couple of large sell walls moving downwards as they tried to jump in front of each other, presumably hoping to be the one to catch the bot's buys. I'm not sure what evidence we can provide of bot buying except the trading history on Bittrex - other than the fact that Incent will be turning up in the accounts of EncryptoTel and MobileGo holders, and our reserves should be getting refilled as fast as they're paying out (for obvious reasons, we don't pay ICO investors directly with an exchange withdrawal). That should be all the proof you need. I guess the bot buying Bittrex history would be good if people are concerned but it does seem like it all squares out pretty clearly. The only thing I could think of is that you could sell your/company Incent to ICO holders off-market & for a slight premium. Without clear accounting, ICO holders wouldn't know if they paid over the market and investors wouldn't know if ICO investor demand is all being supplied from circulating supply bought on exchanges or from total supply but I guess that would be visible too via reserves/other etc. That's true. Orders on DEX would be transparent, but I'm not sure about the others. It might be possible to post a log in realtime, but I'm not sure it's worth the hassle and it may cause more problems than it's worth. The reality is that we're a centralised company and trust is inherent in that, and in any case I'd like to think our reputation is worth more than the relatively small sums of money we could make by screwing our investors and customers over. |
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Well..
At least my mom still likes me.
Oh, I didn't mean to hurt your feelings. I think it's the wavering that might have reminded him of yourself, but there's nowt wrong with that. Yes but it wasnt wavering really. It was more like choosing between BTC and lots of mooning altcoins. Its easy to trade some BTC for altcoins, thats why I had some doubt. ' But never about trading BTC for fiat. USD and EUR are some instamined manipulated shitcoins. I also leaved altcoins because I like to focus on 1 crypto. BTC is the best one by far so I am 100% BTC. When you look at those numbers of those pump&dump altcoins its quite hard to resist. But I am ok. hey, some of those alts are pretty serious. Not all pumpandump. Short term yes. But lets look at the 'serious' altcoins compared to BTC. ETH mined 10% of its total supply rightnow, while BTC is on 77,6%. ETC mined 30% of its total supply ZEC mined 5.2% of its total supply DASH& XRP sucks, instamined trash Altcoins are trying to be a competitor of BTC, while BTC tries to be a competitor of banks, inflation, goverments, fiat money, gold, and I could go on. BTC supply is so limited and people are not even realizing it. I think that we wont see GBTC's on exchanges anymore in about 5 years from now. 1 GBTC would be a whale when we are in 2023. Altoins are rising because Bitcoin allows it and because their marketcap is small. I think you've missed the point. BTC = reserve currency of crypto, crypto money, etc. Alts = every other form of blockchain value. Plenty are worthless, or will be soon, but whenever a business launches a blockchain initiative that's not based on BTC... that's an 'alt'. And there are an increasing number as blockchain starts to push into the mainstream. Maximalists who argue that BTC can and should do everything fail to see the reality that real-world companies missed that memo and that blockchain is being used for all kinds of applications. |
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Looking forward to new monthly update that should come soon, I guess.
Cross-post from Slack about that: rob [8:50 AM] Flying to the US for a pretty meaningful pitch tomorrow. Travelling until am Tuesday. Intending to draft on the move. Will let y'all know if there's going to be a delay. |
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Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.
Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.
Thanks for a possible explanation. Not only is it short-sighted, they must be a TERRIBLE PR company. If the market happened to naturally dump ('on the news' perhaps) well that's out of anyone's control but what could be worse for PR than them dumping Incent (potentially precipitating a larger dump) at the very point you are starting to buy off the market for the first time ever and so hopefully demonstrate the impact & future potential of one of Incent's main USP's? Only get to make one first impression & ironically the people paid to help make it great have made it pretty poor. Regards bot buying, shareholders will be keen to see evidence presented transparently, clearly and frequently in this thread especially given the recent market movements. Good luck, some great projects using Incent atm. I think it's extremely likely. They transferred a large quantity to Bittrex and a dump immediately ensued. Followed, no doubt, by a bunch of other holders who got spooked. I saw a couple of large sell walls moving downwards as they tried to jump in front of each other, presumably hoping to be the one to catch the bot's buys. I'm not sure what evidence we can provide of bot buying except the trading history on Bittrex - other than the fact that Incent will be turning up in the accounts of EncryptoTel and MobileGo holders, and our reserves should be getting refilled as fast as they're paying out (for obvious reasons, we don't pay ICO investors directly with an exchange withdrawal). That should be all the proof you need. |
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Hello, has anyone else had issues with their WAVES deposit not appearing in the Mobilego crowdsale dashboard screen? I have also deposited GAME and it is showing, but the WAVES deposit looked very strange this morning, like they had double credited me, then it is now showing nothing. I noticed I had 2 addresses listed, the top was blank, the next showed my WAVES address, so I deleted the empty one, now it shows nothing at all.
Thanks!
Display issues is all. Possibly API glitch but don't worry, it's fine. It's all there on the blockchain. |
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The bot is most definitely not running at the moment, since market history on Bittrex shows only about 8 transactions during the last hour.
Broken promises are not exactly a marketing bonus, on Monday 55btc would have gotten us to about 26k on Bittrex, now it would bring us to 18k. Any info guys? The bot is running and most purchases have been made. A large holder took the opportunity of increased interest to cash out by the look of it. |
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they should really be regulating the creation of tomen inside their platform because in less than a year there are alrad more than 1000 token created to it. imagine how much more in 5 years.
Isn't this exactly the point of an open blockchain tokens platform? |
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Hey Karl. Was thinking today about Incent. I have a question. When Incent takes BTC and ETH from a client like mobileGo, they buy Incent with it at market. So what markets are they buying from and how is that decision determined ? https://coinmarketcap.com/assets/incent/#marketsSo I am sure that the client wants the lowest price for his Incent purchase, why would they not. So the answer might be that Incent purchases the coin at the lowest possible price for the client, as to offset any additional costs and pass on maximum savings to thier client. We the investors want the highest price for the Incent. So the answer might that Incent purchases at the highest market price we can in order to boost ROI for our investors. Now with a stock the first responsibility is to the shareholders. What is Incent's official position ? If it's a mix of the two, how is that accomplished specifically. We buy at the lowest price possible, which at this point means going for the most liquid markets. In due course the bot will do all kinds of arbitrage and clever stuff, but the principle is the same: best price. So has any Incent been bought off the market for the two ongoing ICO's? Some, yes. More to come for both EncryptoTel and MobileGo. |
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Hey Karl. Was thinking today about Incent. I have a question. When Incent takes BTC and ETH from a client like mobileGo, they buy Incent with it at market. So what markets are they buying from and how is that decision determined ? https://coinmarketcap.com/assets/incent/#marketsSo I am sure that the client wants the lowest price for his Incent purchase, why would they not. So the answer might be that Incent purchases the coin at the lowest possible price for the client, as to offset any additional costs and pass on maximum savings to thier client. We the investors want the highest price for the Incent. So the answer might that Incent purchases at the highest market price we can in order to boost ROI for our investors. Now with a stock the first responsibility is to the shareholders. What is Incent's official position ? If it's a mix of the two, how is that accomplished specifically. We buy at the lowest price possible, which at this point means going for the most liquid markets. In due course the bot will do all kinds of arbitrage and clever stuff, but the principle is the same: best price. |
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That was the exit pump.
Get ready for sub 20 k
exit pump? lol theres no pump group at play here this isnt some shitcoin Please, do not feed the trolls... |
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Guys, thanks for reply! Great to hear this, sounds like a winner (coin)!
Thanks. We think so! We spent a long time figuring out the best way to do all this stuff. Ultimately, this seemed like the most transparent and reasonable way, as well as the most profitable for everyone involved. |
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so this means that incent will be bought from market in 'real time" every time someone invests in mobilego during ICO - starting today? This is very cool if it is this way.
That's the idea. It's the same for every Incent customer. |
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So to recap:
Yes, we're not buying in realtime right now - though hopefully this should be deployed soon, so that every ICO deposit leads to an (almost) immediate exchange buy of Incent.
This time around, for reasons explained, we need to bundle up a few payments and submit them together.
Anyone who is following the progress of EncryptoTel's crowdsale might be interested to know this.
so the buys will be made at the end of these ICOs? Someone said incent will make some buys today. https://twitter.com/Epimetheusz/status/856506301773471745Is that correct or no? Woulnt that just make price jump immediately and then people just dump back into this? It is not clear from this answer when will the buys occur. Better to buy slowly,isnt it? A series of updates to Waves meant there were issues to fix in the main software. This time, with EncryptoTel, it was safer to bundle a bunch of buys together and make them all at once. In general, each buy will be made in real time, separately - just like every merchant transaction. |
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$1 million mark passed. Congratulations! Looks like milestone 3 is viable.
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So to recap:
Yes, we're not buying in realtime right now - though hopefully this should be deployed soon, so that every ICO deposit leads to an (almost) immediate exchange buy of Incent.
This time around, for reasons explained, we need to bundle up a few payments and submit them together.
Anyone who is following the progress of EncryptoTel's crowdsale might be interested to know this.
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Seems that there have been lots of conspiracy theories here overnight  No, we're not strategically emptying the Reserve. Karl will post the address to prove it. It's all available on the blockchain, so we couldn't get away with this and it would be commercial suicide if we did. It's odd indeed that someone chose to dump at this point. Best we can make out, it's probably one of our publicity partners for the crowdsale. We just settled up in Incent and it seems likely that, showing a remarkable lack of prescience and commitment, they just dropped it on Bittrex. You can lead a horse to water... |
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So, can you give me an information regarding the bonus by use game to buy mobile go share and is that true? I need your answer guys. Is there an update from incent dev? Do you mean the Incent bonus or the MobileGo bonus for buying with GAME? I believe there's a 7% bonus on top of the early-bird bonus for GAME. There's a 0.5% Incent bonus for deposits - I'll need to confirm the arrangements for different currencies though. |
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For every $1 invested in MobileGo ICO how much Incent (in dollar terms) will be bought at market? Thanks
0.5%, so $0.005. Thanks. That could add up to quite a bit EncryptoTel's crowdsale will also begin on 24 April. This will also entail Incent being bought on a per-deposit basis. |
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For every $1 invested in MobileGo ICO how much Incent (in dollar terms) will be bought at market? Thanks
0.5%, so $0.005. |
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