[ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex

[Epimetheus]

https://mobile.twitter.com/Epimetheusz/status/853896493215997952

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[Xandan]

Incent has recovered a lot on Bittrex in last days which is very healthy sign to understand that its market begins to get trust of investors. My decision of putting hand on it immediately after listing on Bittrex was correct. Once any news about first merchant adoption is out it will just sky rocket in no time.

[KarlKarlsson_]

Exactly my concern too, ICO investors getting Incent and selling it back right to the market. Thoughts?

Pawn Shops exist and are full of grandma's wedding rings and dad's rifles... Plus it's tax time in the US.
People sell for all sorts of reasons. Point is we are above initial ICO price now.

What i meant is the ICO investors for the upcoming MobileGo.

Ah got ya' Had to go back and read through what you replied to.
Well sthat Incent will be purchased off the exchange at market (NO?! That's important to know) , if so itrobably won't do anything other than drive the price up, attracting more investors.
If they sell 10 million Mobile go that should be 50k Incent that needs to be purchased which is about 5 btc right now. (Anyone feel free to correct how it's going to work or my math.)
I might be understanding how it's working incorrectly.

The better question is will those Incent tokens be bought off the open market, IE: Bittrex and/or the Waves Dex or have they already been purchased.

I think it is USD$50k, which means 50 BTC will be used to buy Incent directly. Like i said, it was just a concern that when investors got their incent token, they would dump right back to the market. But we'll see how it develops. And yeah, would like to know which exchange would be used for the direct purchase from MobileGo ICO. 

There will definitely be people holding on to their Incent or some who forget about it, same as with traditional loyalty programs. Our goal is to convert as many MobileGo investors to Incent holders as possible.

I'll have a talk with Pete this week and will clarify the latest open points with him. Until then, stay tuned and get your Bitcoins ready for MobileGo's ICO 

[jacafbiz]

Nice, Just broke all time high on bittrex.

What is the previous ATH?

[KarlKarlsson_]

Nice, Just broke all time high on bittrex.

What is the previous ATH?

Somewhere around 2.8m market cap, first time we broke 3m. 

[Cassius]

Nice, Just broke all time high on bittrex.

What is the previous ATH?

Somewhere around 2.8m market cap, first time we broke 3m. 

Please do not be seduced by these prices. We are just getting going. Don't be the guy who has a story about selling 10k Incent for the price of a pizza in 5 years.

[inthelongrun]

Nice, Just broke all time high on bittrex.

What is the previous ATH?

Somewhere around 2.8m market cap, first time we broke 3m. 

Please do not be seduced by these prices. We are just getting going. Don't be the guy who has a story about selling 10k Incent for the price of a pizza in 5 years.

Wow. I am still holding my tokens which I bought at open-ledger. I am confident incent team is capable of reaching the skies soon. Let's start with mobilego in few days to come.

[Epimetheus]

Team will buy $INCNT back from the market to distribute to investors at a minimum of 20k. So remove your sell orders below 20k and make easy money. Set them at least at 20k but I would set them way higher INCENT will go up much more this year. Don't sell low. Just HODL and ride the train.

[inthelongrun]

Team will buy $INCNT back from the market to distribute to investors at a minimum of 20k. So remove your sell orders below 20k and make easy money. Set them at least at 20k but I would set them way higher INCENT will go up much more this year. Don't sell low. Just HODL and ride the train.

I locked my incent in my light wallet. So no damn orders. 

[ifyousmell]

Team will buy $INCNT back from the market to distribute to investors at a minimum of 20k. So remove your sell orders below 20k and make easy money. Set them at least at 20k but I would set them way higher INCENT will go up much more this year. Don't sell low. Just HODL and ride the train.

What do you mean they will buy at 20k sat?

[Epimetheus]

Team will buy $INCNT back from the market to distribute to investors at a minimum of 20k. So remove your sell orders below 20k and make easy money. Set them at least at 20k but I would set them way higher INCENT will go up much more this year. Don't sell low. Just HODL and ride the train.

What do you mean they will buy at 20k sat?

https://medium.com/incent-loyalty-blog/incent-will-never-be-this-cheap-again-heres-why-815d369b5af7

Quote from the link:
"So every time we deploy Incent to new customers in the course of our business, we’re going to be doing so at a minimum of 20,000 satoshis, or 5,000 per BTC."

It has been confirmed too by the team a few pages back.

[ifyousmell]

Team will buy $INCNT back from the market to distribute to investors at a minimum of 20k. So remove your sell orders below 20k and make easy money. Set them at least at 20k but I would set them way higher INCENT will go up much more this year. Don't sell low. Just HODL and ride the train.

What do you mean they will buy at 20k sat?

https://medium.com/incent-loyalty-blog/incent-will-never-be-this-cheap-again-heres-why-815d369b5af7

Quote from the link:
"So every time we deploy Incent to new customers in the course of our business, we’re going to be doing so at a minimum of 20,000 satoshis, or 5,000 per BTC."

It has been confirmed too by the team a few pages back.

But if the price is below 20k sat, then they would still buy it anyway?

[kellendil]

Team will buy $INCNT back from the market to distribute to investors at a minimum of 20k. So remove your sell orders below 20k and make easy money. Set them at least at 20k but I would set them way higher INCENT will go up much more this year. Don't sell low. Just HODL and ride the train.

What do you mean they will buy at 20k sat?

https://medium.com/incent-loyalty-blog/incent-will-never-be-this-cheap-again-heres-why-815d369b5af7

Quote from the link:
"So every time we deploy Incent to new customers in the course of our business, we’re going to be doing so at a minimum of 20,000 satoshis, or 5,000 per BTC."

It has been confirmed too by the team a few pages back.

But if the price is below 20k sat, then they would still buy it anyway?

yes they will buy until 20k sat

[mm0104]

But if the price is below 20k sat, then they would still buy it anyway?

yes they will buy until 20k sat

Even better! If the price rises above 20k sats they will buy too. It was said on Slack.

[ifyousmell]

But if the price is below 20k sat, then they would still buy it anyway?

yes they will buy until 20k sat

Even better! If the price rises above 20k sats they will buy too. It was said on Slack.

And when will this buying start? at the beginning of MobileGo ICO?

[mm0104]

But if the price is below 20k sat, then they would still buy it anyway?

yes they will buy until 20k sat

Even better! If the price rises above 20k sats they will buy too. It was said on Slack.

And when will this buying start? at the beginning of MobileGo ICO?

As far as I know everytime somebody invests in the MobileGo ICO Incent will be bought of the market. (Most likely from CryptoDerivatives, but also Waves DEX is possible. No definitive info about that yet) That's how it's planned but has to be confirmed by the developer.
An integration on centralised exchanges is possible in the future.

EncryptoTel ICO will also give Incent to the investors, so there are two ICOs adding buy-pressure from next week on.

[KarlKarlsson_]

But if the price is below 20k sat, then they would still buy it anyway?

yes they will buy until 20k sat

Even better! If the price rises above 20k sats they will buy too. It was said on Slack.

And when will this buying start? at the beginning of MobileGo ICO?

As far as I know everytime somebody invests in the MobileGo ICO Incent will be bought of the market. (Most likely from CryptoDerivatives, but also Waves DEX is possible. No definitive info about that yet) That's how it's planned but has to be confirmed by the developer.
An integration on centralised exchanges is possible in the future.

EncryptoTel ICO will also give Incent to the investors, so there are two ICOs adding buy-pressure from next week on.

Encryptotel has not been confirmed yet. I'll report back when I have a final answer for you. Incent will profit from it one way or the other, though.

[Stein]

So wait Karl, that's two ICOs that are going to use Incent ? Ok this is getting more interesting.

[KarlKarlsson_]

On another note, please retweet and share this blog post wherever you can > https://twitter.com/MobileGoIco/status/854327553737334784

We want to convert as many MobileGo investors to Incent holders or even enthusiasts. Let's take the chance!

[Cassius]

So wait Karl, that's two ICOs that are going to use Incent ? Ok this is getting more interesting.

Please wait for confirmation one way or the other. MobileGo will definitely issue Incent, though.