🌟🌟🌟🚀[ANN][04.07] ICO Starta - Cross-Coin Venture capital on the blockchain🌟

[gembira]

Again buyback at price - 40-50 cents.  Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them.  It's not fair.  Price on ICO was 1$. You must make buy order at price -  1$, at least..

Where are they making buy-back? I still have some tokens since ICO and As I see price on CMC as $0,73. But I think its almost impossible to sell at this price as there is no volume?
They have some profit from platform already or why they making buy-back? (they must have funds for this) 

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[aleandromagno]

Again buyback at price - 40-50 cents.  Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them.  It's not fair.  Price on ICO was 1$. You must make buy order at price -  1$, at least..

Where are they making buy-back? I still have some tokens since ICO and As I see price on CMC as $0,73. But I think its almost impossible to sell at this price as there is no volume?
They have some profit from platform already or why they making buy-back? (they must have funds for this) 

They have funds from promoted startups - check portfolio on their website.

The make buybacks on Waves exchange (inside platform) and on Tidex. They make buyback every two-three days, to don't extreamly pump and dump the price.

[D1jay]

Again buyback at price - 40-50 cents.  Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them.  It's not fair.  Price on ICO was 1$. You must make buy order at price -  1$, at least..

Where are they making buy-back? I still have some tokens since ICO and As I see price on CMC as $0,73. But I think its almost impossible to sell at this price as there is no volume?
They have some profit from platform already or why they making buy-back? (they must have funds for this) 

They have funds from promoted startups - check portfolio on their website.

The make buybacks on Waves exchange (inside platform) and on Tidex. They make buyback every two-three days, to don't extreamly pump and dump the price.

 i see the reason why the price don't pump even for a tiny bit, i think they buy in very little portion every few days, at least price is stable even if no noticeable increase, i actually thought we would see at least ico price of 1$,
still it is good that buyback is in progress

[Texac]

Again buyback at price - 40-50 cents.  Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them.  It's not fair.  Price on ICO was 1$. You must make buy order at price -  1$, at least..

They buy from the market, so from offers that are opened. How you want make buyback with price higher than on the market?

Again buyback at price - 40-50 cents.  Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them.  It's not fair.  Price on ICO was 1$. You must make buy order at price -  1$, at least..

I doubt that they will ever buy at ICO price.

What will they do with the tokens that they buy during the buyback? Will they burn it or sell it later?

It all depends from token owners, if they want sell tokens with loss, there is nothing what developers can do with that.
They burn tokens, so after every buyback total supply is lower.

Of course, why they will buy them at a higher price if they have the opportunity to buy at a lower price. It is good that the stock of tokens decreases.

[o48o]

When is the next buyback going to be and will they burn the tokens that have been bought back? I am guessing yes because how else it even would make any sense.

[Notin2]

When is the next buyback going to be and will they burn the tokens that have been bought back? I am guessing yes because how else it even would make any sense.

From the above post, it seems the buyback process is done every two to three days, and am sure they buy in smaller amount in other not to inflate the price rapidly, otherwise somehow price would have increase more than current price.
Am sure all starta tokens bought back will be burnt to reduce the current sta circulation, if not what is the point in the buyback program, anyways, it is good to have some sta for future keeps.

[jcowle86]

Can someone fill me in on the details of this buyback? I havent really been paying attention since the ICO and I have no idea what this buyback is all about.

[D1jay]

Can someone fill me in on the details of this buyback? I havent really been paying attention since the ICO and I have no idea what this buyback is all about.

Just like the the word says "buyback" simply means the starta team has initiated a buyback process, they buyback sta tokens at a certain price from the exchange and burn it to reduce the total supply of sta tokens in circulation and evidently can increase the price of sta in the long run,
Less supply - increase demand - increase price, this is the whole idea of buyback, hope this helps your understanding.

[jcowle86]

Can someone fill me in on the details of this buyback? I havent really been paying attention since the ICO and I have no idea what this buyback is all about.

Just like the the word says "buyback" simply means the starta team has initiated a buyback process, they buyback sta tokens at a certain price from the exchange and burn it to reduce the total supply of sta tokens in circulation and evidently can increase the price of sta in the long run,
Less supply - increase demand - increase price, this is the whole idea of buyback, hope this helps your understanding.

Thanks D1jay. Are the terms of the buyback posted somewhere? I agree that burning STA tokens should raise the price so i am trying to determineif it make sense to sell tokens during the buyback or hold them for a later date when there is less supply. So is there a time period for the buyback? And what exchange does this happen on?

Thanks.

[D1jay]

Can someone fill me in on the details of this buyback? I havent really been paying attention since the ICO and I have no idea what this buyback is all about.

Just like the the word says "buyback" simply means the starta team has initiated a buyback process, they buyback sta tokens at a certain price from the exchange and burn it to reduce the total supply of sta tokens in circulation and evidently can increase the price of sta in the long run,
Less supply - increase demand - increase price, this is the whole idea of buyback, hope this helps your understanding.

Thanks D1jay. Are the terms of the buyback posted somewhere? I agree that burning STA tokens should raise the price so i am trying to determineif it make sense to sell tokens during the buyback or hold them for a later date when there is less supply. So is there a time period for the buyback? And what exchange does this happen on?

Thanks.

Well this link https://bitcointalk.org/index.php?topic=1887079.msg48790840#msg48790840 contains the official message of the buyback program and other information that may interest you, the buyback process is done on wavesdex and tidex exchange i believe those are the exchange sta is currently trading,
i think sta buyback is already underway judging from post date, so you might want to consider hodl to sell much later as the buyback don't have much effect on price presently.

[Goodman99]

Dear Starta backers,


We would like to draw your attention to the information about the completion of the buyback # 3 program.


The total number of purchased STA tokens was 179 483.25, which is 100% aimed at buying back funds. These tokens were successfully burned, which is confirmed by data on the total supply from open sources.



Yours faithfully,


The Cross Coin Team

[kotwica666]

Hi, my friends, I set it at Sta/ $30Sell my tokens, it might be worth Sta/$500Sta/this may take longer

Most shilling post, visable acent with broken english. You set shit, don't listen to posts like this.

I did set up a $30 bill because I thought it was worth it, and you could sell your token for less than $1, but you didn't have to attack me.

Calm down guys.
Even if @xiangbobotadie is only speculating, he have right to do that.

Anyway, it is good to explain (to those who don't get it), that success of this project does not depend on the price at which the buyback will be made, but from development of startups that are in Starta portfolio. I will try to explain it to you, in two lessons.

Lesson first:

The most imortant is that after each buyback tokens are burned.
Lets take as an example that in buyback #4 will be $100k

Situation 1 when the price is $0.50
100000/0.5=200k tokens - this amount is burned

Situation 2 when the price is $2
100000/2=50k tokens - this amount is burned

So which price is better for buyback? When total supply decreses more, or when price is going up?

Answer to this question is your homework for weekend my friends

Lol! a very fine basic mathematical illustration of the whole buyback scenario you have presented to us, but in this case it boils down to what the investors are more interested in i suppose, now with the above explanation,

situation 1, at $0.5/ 200k tokens will be bought back and get burnt forever and out of the circulating supply, which bring supply to be less and probably can trigger price a bit,

situation 2, well sellers can sell at $2/ only 50k tokens will be bought back and circulating supply will only reduce a bit, but what is more important to investors? low circulating supply at 0.5 or not so low circulating supply at $2?
which would you go for?

Actually only you came with some answer here. Sorry, for delay, but I decided to wait to the end of buyback #3.

Earlier, I wanted to answer that it does not matter at what price the tokens will be bought back, because it really depends on the success of startups supported by the Starta accelerator. However, if we want to earn big money on STA, it is definitely better if at this stage the buyback will be held at the lowest possible price. Simply, the more tokens is collected and burned now, the faster their price will rise in the future. In other words, tokens will stay only in hands of real believers and they will not sell them for $1 or $5.. i belive it can be even $50 or more..    

Dear Starta backers,


We would like to draw your attention to the information about the completion of the buyback # 3 program.


The total number of purchased STA tokens was 179 483.25, which is 100% aimed at buying back funds. These tokens were successfully burned, which is confirmed by data on the total supply from open sources.



Yours faithfully,


The Cross Coin Team

Thank you for update! Congratulations on your next successful buyback! We all wait for more!  

[D1jay]

By back is always a good approach to curtail the situation of price dump in my opinion, even though this seem like a long time coming for some, it will definitely help in stabilizing the price of sta tokens once the startup are able to succeed wish i hope they will, it's left for startups to make good progress in developing their project. With less sta in circulation and successful startups, = Hodl

[Goodman99]

Dear Starta Backers,

We found out from the open source about STA token delisting on Tidex exchange. Our team is prepping request to clarify the situation and hope to hear from Tidex asap.

Regardless of the results, we hear back from Tidex, please finalize your activities on Tidex with any assets including STA token.

Here is the note about delisting on Medium:
https://medium.com/@TIDEX/delisting-announcement-9a9206f6d68b?fbclid=IwAR07cga9DrRUOUCzJYUB7gCiCuFdEm6vVOaMxvBG5hczvEVYFF_rJC-qml4

Kind regards,
Cross Coin and Starta Teams

[xiangbobotadie]

Dear Starta Backers,

We found out from the open source about STA token delisting on Tidex exchange. Our team is prepping request to clarify the situation and hope to hear from Tidex asap.

Regardless of the results, we hear back from Tidex, please finalize your activities on Tidex with any assets including STA token.

Here is the note about delisting on Medium:
https://medium.com/@TIDEX/delisting-announcement-9a9206f6d68b?fbclid=IwAR07cga9DrRUOUCzJYUB7gCiCuFdEm6vVOaMxvBG5hczvEVYFF_rJC-qml4

Kind regards,
Cross Coin and Starta Teams

嗨 Team: It is time to consider letting STA tokens be listed on more exchanges, with higher prices, which is the best promotion marketing for team projects. It has more people's attention. The trading market is willing to accept

[D1jay]

Dear Starta Backers,

We found out from the open source about STA token delisting on Tidex exchange. Our team is prepping request to clarify the situation and hope to hear from Tidex asap.

Regardless of the results, we hear back from Tidex, please finalize your activities on Tidex with any assets including STA token.

Here is the note about delisting on Medium:
https://medium.com/@TIDEX/delisting-announcement-9a9206f6d68b?fbclid=IwAR07cga9DrRUOUCzJYUB7gCiCuFdEm6vVOaMxvBG5hczvEVYFF_rJC-qml4

Kind regards,
Cross Coin and Starta Teams

嗨 Team: It is time to consider letting STA tokens be listed on more exchanges, with higher prices, which is the best promotion marketing for team projects. It has more people's attention. The trading market is willing to accept

You mean they will decide to delist sta token without letting sta team know about it   how many people even trade in Tidex in the first place now is time to consider other exchange as pointed above, sta deserves to be in one or two exchange beside wavesdex or Tidex, about time to move away and solicit for more exchange with decent volume.

[GreatBug]

Dear Starta Backers,

We found out from the open source about STA token delisting on Tidex exchange. Our team is prepping request to clarify the situation and hope to hear from Tidex asap.

Regardless of the results, we hear back from Tidex, please finalize your activities on Tidex with any assets including STA token.

Here is the note about delisting on Medium:
https://medium.com/@TIDEX/delisting-announcement-9a9206f6d68b?fbclid=IwAR07cga9DrRUOUCzJYUB7gCiCuFdEm6vVOaMxvBG5hczvEVYFF_rJC-qml4

Kind regards,
Cross Coin and Starta Teams

Let's hope that Tidex will withdraw its decision. The Waves Exchange is a total disaster. Nobody trades there. So that the price does not drop to the bottom, you will have to find another exchange as soon as possible. For sure before next buy back.

[xiangbobotadie]

Dear Starta Backers,

We found out from the open source about STA token delisting on Tidex exchange. Our team is prepping request to clarify the situation and hope to hear from Tidex asap.

Regardless of the results, we hear back from Tidex, please finalize your activities on Tidex with any assets including STA token.

Here is the note about delisting on Medium:
https://medium.com/@TIDEX/delisting-announcement-9a9206f6d68b?fbclid=IwAR07cga9DrRUOUCzJYUB7gCiCuFdEm6vVOaMxvBG5hczvEVYFF_rJC-qml4

Kind regards,
Cross Coin and Starta Teams

Good projects should have good prices, STAs should have higher valuations, and only more active exchanges can make prices even higher.

[D1jay]

Dear Starta Backers,

We found out from the open source about STA token delisting on Tidex exchange. Our team is prepping request to clarify the situation and hope to hear from Tidex asap.

Regardless of the results, we hear back from Tidex, please finalize your activities on Tidex with any assets including STA token.

Here is the note about delisting on Medium:
https://medium.com/@TIDEX/delisting-announcement-9a9206f6d68b?fbclid=IwAR07cga9DrRUOUCzJYUB7gCiCuFdEm6vVOaMxvBG5hczvEVYFF_rJC-qml4

Kind regards,
Cross Coin and Starta Teams

Let's hope that Tidex will withdraw its decision. The Waves Exchange is a total disaster. Nobody trades there. So that the price does not drop to the bottom, you will have to find another exchange as soon as possible. For sure before next buy back.

and you think Tidex is any better? i only came to know about Tidex exchange during my days hanging out on waves slack chat then, how many people is aware of any exchange called tidex or trading there? only the waves community patronizes tidex occasionally, i think sta is better off in wavesdex and other exchange than been on tidex but it's up to the team to decide what is best for sta eventually.
still very funny though to know Tidex even consider delisting a token when they have no trade volume

[o48o]

Good projects should have good prices, STAs should have higher valuations, and only more active exchanges can make prices even higher.

High valuation has nothing to do with the quality of the project. Every good project has been down and sideways for a long time before the public found them.