Epimetheus
Legendary
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Activity: 1120
Merit: 1000
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April 24, 2017, 09:32:00 AM |
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Train is leaving the station. Again lol. Get on board and let's break 20k at last. Should have been there if people did not dump. Good luck team!
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MirkoIta
Legendary
Offline
Activity: 1667
Merit: 1008
Stoned & Stranged
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April 24, 2017, 09:33:55 AM |
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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... At the end of the day we would like to see a proven system in which the ICO leads to the buying of Incent tokens on exchanges. We have every right to be concerned since the promised buying of real time Encryptotel ICO was not met as promised. You're right but only because we didn't feel 100% comfortable with the code. Rather let 24h pass without real-time purchasing than releasing a code which we cannot trust fully. The system will prove itself but we are definitely not going to show each and every transaction, that would be quite some work load spent for basically nothing. A crypto investment requires trust in the team and this is a point in which we ask for exactly that. You'll see the impact on the volume and price which should be transparency enough. I think you guys deserve trust from the community. Even when everyone was bashing you for the price and exchanges not listing Incent you just sticked to your plan and released the platform before the end of Q1 instead of wasting time and words. That's how a hard working team do his job. Thanks for taking the time to show the address.
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MirkoIta
Legendary
Offline
Activity: 1667
Merit: 1008
Stoned & Stranged
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April 24, 2017, 09:34:54 AM |
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Train is leaving the station. Again lol. Get on board and let's break 20k at last. Should have been there if people did not dump. Good luck team! Yeah and the ICOs aren't even started yet. I used this panic dump to stack up some more cheap Incent and I will just wait and hold until the price will be at least 3X this.
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KarlKarlsson_ (OP)
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April 24, 2017, 10:25:09 AM |
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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... At the end of the day we would like to see a proven system in which the ICO leads to the buying of Incent tokens on exchanges. We have every right to be concerned since the promised buying of real time Encryptotel ICO was not met as promised. You're right but only because we didn't feel 100% comfortable with the code. Rather let 24h pass without real-time purchasing than releasing a code which we cannot trust fully. The system will prove itself but we are definitely not going to show each and every transaction, that would be quite some work load spent for basically nothing. A crypto investment requires trust in the team and this is a point in which we ask for exactly that. You'll see the impact on the volume and price which should be transparency enough. I think you guys deserve trust from the community. Even when everyone was bashing you for the price and exchanges not listing Incent you just sticked to your plan and released the platform before the end of Q1 instead of wasting time and words. That's how a hard working team do his job. Thanks for taking the time to show the address. Thanks for the kind words, we appreciate it! Weird indeed, that's why it took me so long to get the address...
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Cassius
Legendary
Offline
Activity: 1764
Merit: 1031
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April 24, 2017, 10:57:25 AM |
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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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ifyousmell
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April 24, 2017, 11:06:45 AM |
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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.
Encryptotel ICO is alrdy 850k USD thus far
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Xandan
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April 24, 2017, 11:17:34 AM |
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People are used to see immediate effects and they are unable to realize that things has been changed a lot and this market is entering in very serious phase as real life projects are being introduced backed by really talented teams. INCNT is one of the example where team behind this has long term goals to make it really usable. One thing is clear in crypto only people with strong nerves will be winner.
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Epimetheus
Legendary
Offline
Activity: 1120
Merit: 1000
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April 24, 2017, 01:54:01 PM |
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Epimetheus
Legendary
Offline
Activity: 1120
Merit: 1000
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April 24, 2017, 02:07:34 PM |
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Well, the price is just stabilizing around 15k which is fine because some people bought at 7-10k range and some at 18k+. So 15k for now is good indeed but I do expect an upwards movement very soon and hopefully we'll set a new floor at 20k. Then, in time, we might go up much more and trade at 30-50k ranges. Just be patient. Dev team is doing a great job here.
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ujang1
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April 24, 2017, 07:57:12 PM |
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Soon ICO on the Waves platform will become the main stream. Many projects will receive full capitalization in a few hours-days.
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jpoker272727
Legendary
Offline
Activity: 1137
Merit: 1000
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April 24, 2017, 08:03:53 PM |
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Hey I'm seeing good things about INCNT, glad that the price has been increased and sad that I didn't bought more at the lower price.
By the way I have never sell any INCNT yet and I'm still and will support INCNT in the future
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hansen.ng
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April 25, 2017, 02:08:21 AM |
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any plan for masternode down the road?
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yoyoamigo
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April 25, 2017, 03:00:23 AM |
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'yoyoamigo' will no longer be doing any recaps due to new errands, work and other commitments. You may read his message here
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vvv7777777
Newbie
Offline
Activity: 28
Merit: 0
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April 25, 2017, 04:32:37 AM |
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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.
How prompt will these payments be? If MobileGo raises 10 million in the morning, should we expect 50k of INCNT to be purchased later in the night (by latest)?
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kingorbust
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April 25, 2017, 04:35:20 AM |
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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?
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Cassius
Legendary
Offline
Activity: 1764
Merit: 1031
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April 25, 2017, 05:59:37 AM |
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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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kingorbust
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April 25, 2017, 06:33:50 AM Last edit: April 25, 2017, 07:02:06 AM by kingorbust |
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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. ah,so the buys were already made for EncryptoTel? So how does it work with mobilego then? You check how much was raised that day? Or once per week? Or when the campaing is over you start making small buys or do you make buys during the coming days?
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KarlKarlsson_ (OP)
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April 25, 2017, 07:06:58 AM |
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any plan for masternode down the road?
Answered you in Slack. Incent doesn't run its own blockchain, it's a digital asset on the Waves blockchain. There are no plans to introduce master nodes to Waves, however. 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. ah,so the buys were already made for EncryptoTel? So how does it work with mobilego then? You check how much was raised that day? Or once per week? Or when the campaing is over you start making small buys or do you make buys during the coming days? No, they buys haven't been made yet Not quite. Basically every time a deposit comes in we take 0.5% of it and purchase Incent from the secondary market. Whatever amount of Incent we get for that is credited to the investor. This happens in real-time (within a few minutes after the deposit) and investors are able to withdraw their Incent right away.
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