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About 90% of all token buyers buy the token with the intention to sell it with profit. The other 10% like the idea behind the project the token covers and want to support it. So they don't care about token price (at least they say so). So, if you belong to the 10% gratulations. The same discussion arose with bitcoins a few years ago because you could not buy something with it and also not much nowadays. So a lot of people said what a sh.. this is, including me, not willing to spend 10 dollars for a bitcoin. But people bought bitcoins ad absurdum. If you ask why, I simply reference to my first sentence.
Honeycomb is not covering something but showing 1:1 the truth about the inner value which is fixed to mathematical rules. I think once 1000000 tokens are sold there will be jumping in exchanges and daily traders to optimize token trade by alternate channels.
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And... I thought this was another scam prevention on an ICO made by US government called Howeycoins. Both names is totally different but I don't know why I read your project name I've reminded with Howeycoins.
Don't worry, we are also listed on scam sites as well, where they claim that 84% of ICOs are scam and that from these 84% they even don't know themself that they are. I would give a bet that scam will be the trendy buzzword 2018 which will overtake fake news in popularity.
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After the course rally beginning at end of last year, we experienced a phase of relatively stable courses during the last months. For the moment, it is still calm but the losses seem forgotten and I am just wandering if we will have new high scores by the end of the year in crypto currencies despite the political situation and the threat of commercial crises. Will crypto currencies have a parallel to the stock exchanges which will most likely drop?
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You may ask the same question what happens if Ethereum holders decide to sell all for fiat, right Ethereum will drop to slightly above zero. With Honeycomb you have a determined exchange rate independent from human ask/sell mechanism, but on a mathematical method determined by token left to buy. Leverage comes in place that every buying successor has to pay a higher price. This blows up the market capitalisation in a way that is calculatable, having a maximal total market capitalisation loss of less than 29.3 percent which comes from the square root of 2 factor.
I would suspect that Ethereum market capitalisation is even with today’s low value of crypto currency in fact less than 10% worth of the price shown in exchanges. And for your remark of only 1% winner, no, the ones which buy at highest price will have loss. I hope you did not buy bitcoins for 20’000$.
To resume, in average you get only 70% out, as long as people are buying more token your fine. That’s how cryptocurrency works and 90% of crypto trader motivation to deal with.
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I can not open your site Thanks for the hint, that was a typo in the url, works now under http://honeycombtoken.com. I should have typed it 100 times before given the name. It is quit hard to enter on keyboard
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Thanks for the hint. I'm not having the total oversight where we get listed, but theses are good news.
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The token is not that useless as the useless ethereum token which can only be bought, but it can be sold back as well at any time. So it has a real value. The buy and sell prices are fixed to the token remaining on the contract. So the price can be forseen in the near future. This must be very interesting for people who are trading with coins all day. As newbie I cannot post images, you have to click links: Formula: http://honeycombtoken.com/img/formula.jpg Price Chart: http://honeycombtoken.com/img/priceChart.jpgThanks for the hint with the copper account. Now you have images as well.
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Honeycomb is the crypto token intended to buy and sell only. The price will adapt according to a promising function based on the token left to buy. It will increase when honeycombs are bought and it will decrease when sold back. A very interesting alternative to invest your ethereum.
If you ask yourself what this token is good for there are several answers. You can see it as - an investement option with leverage effect
- a game you play with ethereum with the opption to get more ETH (ok, that's investment too)
- a bet on the success for the token
- a social experiment to see who and how many will follow
- a lottery with a much higher chance to win than in a regular lottery
- having some fun
and be honest with yourself, why are you buying ethereum at all? Abut 90% of all buyers want to see profit from a rise in the market. That's exactly what honeycombs are intended to do.
The buy price is calculated by this function:
The price function is in the beginning approximatly redoubling the price when the amount of token sold is four times higher, changing to a very steep function around 1000000 token sold. The limit of 1048576 token in total can never be reached.
More details about it you can see on our homepage http://honeycmbtoken.com and you can study the contract itself: https://etherscan.io/address/0xe4732499b9c18d2828ced5470e75d70a3b2b2792#code
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If I read above I have to wait at least for 30 days to post image? Additonal I need to do some post. I am just wondering why such restrictions exists.
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