D1jay
Copper Member
Jr. Member
 Offline
Activity: 294
Merit: 5
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December 29, 2018, 05:05:38 AM |
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Starta (STA) Token Buyback #3 | Technical Details
Dear Starta Token Backers,
We are happy to announce STA Token Buyback #3
According to the Distribution Notice of Friendly Data deal Cross Coin have received
$145,536.27 USD.
As stated in the White Paper, Cross Coin held 2.5% fee.
After bank and trading fees $141,844.82 were successfully converted into 39.04263468 BTC (Bitcoin).
We would like to draw your attention to the basic parameters of the program Buyback #3.
Duration of the program:
1:00 pm GMT 28 december 2018 дo 1:00 pm GMT 20 january 2019
Total amount of funds:
39.04263468 BTC
Placement of the trading orders within the term of the buyback program is not conditioned by the terms, periodicity, volumes or prices.
STA tokens will be utilized.
Results of the program will be disclosed.
Sincerely,
Cross Coin PTE LTD team.
The buyback program will start today? What will happen if not all 39 BTC worth of STA is not sold to you during buyback duration? According to the the post the buy back process will be from today 28th dec to 20th jan which means it will take some days for the buy back to complete and during this days they hope to have buy up to 39 btc worth of sta tokens, once the buy back process started, price start to go up, more people will want to sell who knows. 😄😜😜😜I set up some sales orders for $30 and I think sta is worth $30 or more Will they split the buy order on both exchanges or they will choose just one exchange and place a buy order there? I don't think they will have such volume in one exchange considering the amount of sta to be bought so am guessing they may probably split the order on different exchange in other to accumulate such amount, i think this can make price of sta suddenly raise 39btc of sta tokens is huge amount. |
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xiangbobotadie
Member
Offline
Activity: 254
Merit: 10
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December 29, 2018, 06:09:15 AM |
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Starta (STA) Token Buyback #3 | Technical Details
Dear Starta Token Backers,
We are happy to announce STA Token Buyback #3
According to the Distribution Notice of Friendly Data deal Cross Coin have received
$145,536.27 USD.
As stated in the White Paper, Cross Coin held 2.5% fee.
After bank and trading fees $141,844.82 were successfully converted into 39.04263468 BTC (Bitcoin).
We would like to draw your attention to the basic parameters of the program Buyback #3.
Duration of the program:
1:00 pm GMT 28 december 2018 дo 1:00 pm GMT 20 january 2019
Total amount of funds:
39.04263468 BTC
Placement of the trading orders within the term of the buyback program is not conditioned by the terms, periodicity, volumes or prices.
STA tokens will be utilized.
Results of the program will be disclosed.
Sincerely,
Cross Coin PTE LTD team.
The buyback program will start today? What will happen if not all 39 BTC worth of STA is not sold to you during buyback duration? According to the the post the buy back process will be from today 28th dec to 20th jan which means it will take some days for the buy back to complete and during this days they hope to have buy up to 39 btc worth of sta tokens, once the buy back process started, price start to go up, more people will want to sell who knows. 😄😜😜😜I set up some sales orders for $30 and I think sta is worth $30 or more Will they split the buy order on both exchanges or they will choose just one exchange and place a buy order there? I don't think they will have such volume in one exchange considering the amount of sta to be bought so am guessing they may probably split the order on different exchange in other to accumulate such amount, i think this can make price of sta suddenly raise 39btc of sta tokens is huge amount. I feel like they areI want to sell my sta for $30, so I set up $30/sta in my wallet. |
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Notin2
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December 29, 2018, 09:31:13 AM |
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Starta (STA) Token Buyback #3 | Technical Details
Dear Starta Token Backers,
We are happy to announce STA Token Buyback #3
According to the Distribution Notice of Friendly Data deal Cross Coin have received
$145,536.27 USD.
As stated in the White Paper, Cross Coin held 2.5% fee.
After bank and trading fees $141,844.82 were successfully converted into 39.04263468 BTC (Bitcoin).
We would like to draw your attention to the basic parameters of the program Buyback #3.
Duration of the program:
1:00 pm GMT 28 december 2018 дo 1:00 pm GMT 20 january 2019
Total amount of funds:
39.04263468 BTC
Placement of the trading orders within the term of the buyback program is not conditioned by the terms, periodicity, volumes or prices.
STA tokens will be utilized.
Results of the program will be disclosed.
Sincerely,
Cross Coin PTE LTD team.
The buyback program will start today? What will happen if not all 39 BTC worth of STA is not sold to you during buyback duration? According to the the post the buy back process will be from today 28th dec to 20th jan which means it will take some days for the buy back to complete and during this days they hope to have buy up to 39 btc worth of sta tokens, once the buy back process started, price start to go up, more people will want to sell who knows. 😄😜😜😜I set up some sales orders for $30 and I think sta is worth $30 or more Will they split the buy order on both exchanges or they will choose just one exchange and place a buy order there? I don't think they will have such volume in one exchange considering the amount of sta to be bought so am guessing they may probably split the order on different exchange in other to accumulate such amount, i think this can make price of sta suddenly raise 39btc of sta tokens is huge amount. I feel like they areI want to sell my sta for $30, so I set up $30/sta in my wallet. it is always good to be positive and judging from the amount of sta to buy back it is very likely to see a good rise in price, it may not be up to $30 but something close  Lots of hodlers will literarily freck out to see such high price, i hope you get to sell your sta at $30. |
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lunnatic
Sr. Member
Offline
Activity: 1190
Merit: 250
COMBONetwork
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December 29, 2018, 12:23:37 PM |
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Starta (STA) Token Buyback #3 | Technical Details
Dear Starta Token Backers,
We are happy to announce STA Token Buyback #3
According to the Distribution Notice of Friendly Data deal Cross Coin have received
$145,536.27 USD.
As stated in the White Paper, Cross Coin held 2.5% fee.
After bank and trading fees $141,844.82 were successfully converted into 39.04263468 BTC (Bitcoin).
We would like to draw your attention to the basic parameters of the program Buyback #3.
Duration of the program:
1:00 pm GMT 28 december 2018 дo 1:00 pm GMT 20 january 2019
Total amount of funds:
39.04263468 BTC
Placement of the trading orders within the term of the buyback program is not conditioned by the terms, periodicity, volumes or prices.
STA tokens will be utilized.
Results of the program will be disclosed.
Sincerely,
Cross Coin PTE LTD team.
The buyback program will start today? What will happen if not all 39 BTC worth of STA is not sold to you during buyback duration? According to the the post the buy back process will be from today 28th dec to 20th jan which means it will take some days for the buy back to complete and during this days they hope to have buy up to 39 btc worth of sta tokens, once the buy back process started, price start to go up, more people will want to sell who knows. 😄😜😜😜I set up some sales orders for $30 and I think sta is worth $30 or more Will they split the buy order on both exchanges or they will choose just one exchange and place a buy order there? I don't think they will have such volume in one exchange considering the amount of sta to be bought so am guessing they may probably split the order on different exchange in other to accumulate such amount, i think this can make price of sta suddenly raise 39btc of sta tokens is huge amount. I feel like they areI want to sell my sta for $30, so I set up $30/sta in my wallet. it is always good to be positive and judging from the amount of sta to buy back it is very likely to see a good rise in price, it may not be up to $30 but something close Lots of hodlers will literarily freck out to see such high price, i hope you get to sell your sta at $30. You see Starta is up 45% now, it looks like Tidex is the most convenient trading place for this token. with a considerable volume of $ 3600 per day |
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xiangbobotadie
Member
Offline
Activity: 254
Merit: 10
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December 29, 2018, 01:30:21 PM |
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Starta (STA) Token Buyback #3 | Technical Details
Dear Starta Token Backers,
We are happy to announce STA Token Buyback #3
According to the Distribution Notice of Friendly Data deal Cross Coin have received
$145,536.27 USD.
As stated in the White Paper, Cross Coin held 2.5% fee.
After bank and trading fees $141,844.82 were successfully converted into 39.04263468 BTC (Bitcoin).
We would like to draw your attention to the basic parameters of the program Buyback #3.
Duration of the program:
1:00 pm GMT 28 december 2018 дo 1:00 pm GMT 20 january 2019
Total amount of funds:
39.04263468 BTC
Placement of the trading orders within the term of the buyback program is not conditioned by the terms, periodicity, volumes or prices.
STA tokens will be utilized.
Results of the program will be disclosed.
Sincerely,
Cross Coin PTE LTD team.
The buyback program will start today? What will happen if not all 39 BTC worth of STA is not sold to you during buyback duration? According to the the post the buy back process will be from today 28th dec to 20th jan which means it will take some days for the buy back to complete and during this days they hope to have buy up to 39 btc worth of sta tokens, once the buy back process started, price start to go up, more people will want to sell who knows. 😄😜😜😜I set up some sales orders for $30 and I think sta is worth $30 or more Will they split the buy order on both exchanges or they will choose just one exchange and place a buy order there? I don't think they will have such volume in one exchange considering the amount of sta to be bought so am guessing they may probably split the order on different exchange in other to accumulate such amount, i think this can make price of sta suddenly raise 39btc of sta tokens is huge amount. I feel like they areI want to sell my sta for $30, so I set up $30/sta in my wallet. it is always good to be positive and judging from the amount of sta to buy back it is very likely to see a good rise in price, it may not be up to $30 but something close Lots of hodlers will literarily freck out to see such high price, i hope you get to sell your sta at $30. You see Starta is up 45% now, it looks like Tidex is the most convenient trading place for this token. with a considerable volume of $ 3600 per day I bought a token when I was ico, and I never thought about selling my token, and my plan was to hold it for three to five years and hopefully it would be 500 dollars at that time, |
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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January 01, 2019, 01:08:17 AM |
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Starta (STA) Token Buyback #3 | Technical Details
Dear Starta Token Backers,
We are happy to announce STA Token Buyback #3
According to the Distribution Notice of Friendly Data deal Cross Coin have received
$145,536.27 USD.
As stated in the White Paper, Cross Coin held 2.5% fee.
After bank and trading fees $141,844.82 were successfully converted into 39.04263468 BTC (Bitcoin).
We would like to draw your attention to the basic parameters of the program Buyback #3.
Duration of the program:
1:00 pm GMT 28 december 2018 дo 1:00 pm GMT 20 january 2019
Total amount of funds:
39.04263468 BTC
Placement of the trading orders within the term of the buyback program is not conditioned by the terms, periodicity, volumes or prices.
STA tokens will be utilized.
Results of the program will be disclosed.
Sincerely,
Cross Coin PTE LTD team.
The buyback program will start today? What will happen if not all 39 BTC worth of STA is not sold to you during buyback duration? According to the the post the buy back process will be from today 28th dec to 20th jan which means it will take some days for the buy back to complete and during this days they hope to have buy up to 39 btc worth of sta tokens, once the buy back process started, price start to go up, more people will want to sell who knows. 😄😜😜😜I set up some sales orders for $30 and I think sta is worth $30 or more Will they split the buy order on both exchanges or they will choose just one exchange and place a buy order there? In previous Buybacks, transactions took place on both exchanges, so I think, this time it will be in same way. However, in my opinion, this should be done only on Tidex, or on one more, but new exchange. I really don't like to trade on Waves platform.. |
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studio1one
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January 01, 2019, 04:37:47 AM |
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Starta (STA) Token Buyback #3 | Technical Details
Dear Starta Token Backers,
We are happy to announce STA Token Buyback #3
According to the Distribution Notice of Friendly Data deal Cross Coin have received
$145,536.27 USD.
As stated in the White Paper, Cross Coin held 2.5% fee.
After bank and trading fees $141,844.82 were successfully converted into 39.04263468 BTC (Bitcoin).
We would like to draw your attention to the basic parameters of the program Buyback #3.
Duration of the program:
1:00 pm GMT 28 december 2018 дo 1:00 pm GMT 20 january 2019
Total amount of funds:
39.04263468 BTC
Placement of the trading orders within the term of the buyback program is not conditioned by the terms, periodicity, volumes or prices.
STA tokens will be utilized.
Results of the program will be disclosed.
Sincerely,
Cross Coin PTE LTD team.
The buyback program will start today? What will happen if not all 39 BTC worth of STA is not sold to you during buyback duration? According to the the post the buy back process will be from today 28th dec to 20th jan which means it will take some days for the buy back to complete and during this days they hope to have buy up to 39 btc worth of sta tokens, once the buy back process started, price start to go up, more people will want to sell who knows. 😄😜😜😜I set up some sales orders for $30 and I think sta is worth $30 or more Will they split the buy order on both exchanges or they will choose just one exchange and place a buy order there? In previous Buybacks, transactions took place on both exchanges, so I think, this time it will be in same way. However, in my opinion, this should be done only on Tidex, or on one more, but new exchange. I really don't like to trade on Waves platform.. Thanks for the answer. I will split my sell order on both exchanges hopefully it will get filled soon. |
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studio1one
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January 02, 2019, 05:26:54 AM |
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Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..
I doubt that they will ever buy at ICO price. What will they do with the tokens that they buy during the buyback? Will they burn it or sell it later? |
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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January 02, 2019, 07:14:32 AM |
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Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. 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$, at least..
I doubt that they will ever buy at ICO price. What will they do with the tokens that they buy during the buyback? Will they burn it or sell it later? It all depends from token owners, if they want sell tokens with loss, there is nothing what developers can do with that. They burn tokens, so after every buyback total supply is lower. |
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Notin2
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January 02, 2019, 07:40:28 AM |
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Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. 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. Yes this is very true, the starta team can only buy at what price is offer in the market, any seller want to sell at high price of $1 -$2 can just set the sell order and wait if it will sell, maybe once the team buy all low sell order then all sellers can place high sell order. It is sellers fault who sell at cheap price. |
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xiangbobotadie
Member
Offline
Activity: 254
Merit: 10
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January 02, 2019, 10:45:07 PM |
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Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. 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. Yes this is very true, the starta team can only buy at what price is offer in the market, any seller want to sell at high price of $1 -$2 can just set the sell order and wait if it will sell, maybe once the team buy all low sell order then all sellers can place high sell order. It is sellers fault who sell at cheap price. Hi, my friends, I set it at Sta/ $30Sell my tokens, it might be worth Sta/$500Sta/this may take longer |
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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January 02, 2019, 11:04:46 PM |
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Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. 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. Yes this is very true, the starta team can only buy at what price is offer in the market, any seller want to sell at high price of $1 -$2 can just set the sell order and wait if it will sell, maybe once the team buy all low sell order then all sellers can place high sell order. It is sellers fault who sell at cheap price. Hi, my friends, I set it at Sta/ $30Sell my tokens, it might be worth Sta/$500Sta/this may take longer It all depends on what price token owners want to sell to others. If no one wants to sell and most of the sale offers disappear from the market, even during this buyback the price can grow to $500. It also depends on how startups from the Starta portfolio will develop. Does anyone have any sources where we can watch their development? |
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studio1one
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January 03, 2019, 04:21:27 AM |
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Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. 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. That's a bit of relief to hear that after each buyback program total supply will get lower and lower which can lead to a higher price. |
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Maulek
Jr. Member
Offline
Activity: 33
Merit: 1
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January 04, 2019, 02:01:31 PM |
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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. |
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xiangbobotadie
Member
Offline
Activity: 254
Merit: 10
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January 04, 2019, 11:34:37 PM |
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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. |
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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January 05, 2019, 12:00:40 AM |
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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 |
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Notin2
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January 05, 2019, 05:56:21 AM |
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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? |
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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January 06, 2019, 01:29:11 AM
Last edit: January 06, 2019, 06:10:06 AM by kotwica666 |
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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? I am waiting for the answers of other users. I count on interesting explanations of statements..  I will answer this question on Monday. And I think my answer will surprise you a bit.. EDIT: In Wednesday. |
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xiangbobotadie
Member
Offline
Activity: 254
Merit: 10
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January 06, 2019, 04:02:27 AM |
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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? I am waiting for the answers of other users. I count on interesting explanations of statements.. I will answer this question on Monday. And I think my answer will surprise you a bit.. Assume 4 million sta tokens were destroyed by a team buyback under $0.5, so the remaining 1 million holders chose to set their orders at $500,What would happen ... now it seems thatWill the team live up to its promises?I choose to believe in them. |
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Notin2
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January 06, 2019, 06:17:45 AM |
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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? I am waiting for the answers of other users. I count on interesting explanations of statements.. I will answer this question on Monday. And I think my answer will surprise you a bit.. EDIT: In Wednesday. patiently looking forward to be surprised  |
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