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JCB44
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October 15, 2017, 08:10:27 PM |
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So how are the coins going to be used in the application?
I've read that you can purchase or rent movies with the coins.
How is determined what the value of a coin is?
Let's say you can rent a movie with 1 coin. What if the next day the coin is worth 200%. Will the price of renting a movie be like 0.5 coin? If not, the coin would get a very stable price imo.
Also to who will the coins go when someone subscribes for 1 month to The Flik? Will it go to management or any other destination?
As far as I undestood you can purchase content or pay for subcribtion either with fiat or Flik tokens(this will be cheaper whan USD payments) |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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VampiricElder
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October 15, 2017, 09:02:01 PM |
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The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each  |
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Packers1985
Full Member
 Offline
Activity: 364
Merit: 102
CHEERS
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October 15, 2017, 09:29:25 PM |
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The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ? |
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CheapVccSeller
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October 15, 2017, 09:29:42 PM |
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Road to $1 here we come might even reach $2 soon  |
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JCB44
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October 15, 2017, 09:42:27 PM |
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The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ? I think he just multiplied current token supply (600Mil) x current price (~0.2$) = got 120M $ cap Now divide this cap by 80Mil supply (after burn) = 1.5$/token Some info can be found here - https://etherscan.io/token/0x17fd666fa0784885fa1afec8ac624d9b7e72b752 |
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VampiricElder
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October 15, 2017, 09:43:40 PM |
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The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ? I worked it out.. 120,000,000 ÷ 600,000,000 = 18 cents Then use the 18cent price for the burn 120,000,000 ÷ 80,000,000 = $1.50 Now imagine if Flik reaches 50 cents before the burn.. $300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close |
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Packers1985
Full Member
Offline
Activity: 364
Merit: 102
CHEERS
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October 15, 2017, 10:15:26 PM |
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The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ? I worked it out.. 120,000,000 ÷ 600,000,000 = 18 cents Then use the 18cent price for the burn 120,000,000 ÷ 80,000,000 = $1.50 Now imagine if Flik reaches 50 cents before the burn.. $300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close I dont see anyone buying this after the burn. So do you think this value counts? |
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VampiricElder
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October 15, 2017, 10:20:56 PM |
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The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ? I worked it out.. 120,000,000 ÷ 600,000,000 = 18 cents Then use the 18cent price for the burn 120,000,000 ÷ 80,000,000 = $1.50 Now imagine if Flik reaches 50 cents before the burn.. $300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close I dont see anyone buying this after the burn. So do you think this value counts? Yes because they have a roadmap, the price will keep going up from there |
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Baelder
Newbie
Offline
Activity: 2
Merit: 0
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October 15, 2017, 10:39:34 PM |
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The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ? I worked it out.. 120,000,000 ÷ 600,000,000 = 18 cents Then use the 18cent price for the burn 120,000,000 ÷ 80,000,000 = $1.50 Now imagine if Flik reaches 50 cents before the burn.. $300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close I dont see anyone buying this after the burn. So do you think this value counts? Yes because they have a roadmap, the price will keep going up from there So what does it really mean to burn that much of them? What will happen? |
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ksnhll
Full Member
Offline
Activity: 126
Merit: 100
The Cryptocurrency Investor
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October 15, 2017, 10:56:49 PM |
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The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ? I worked it out.. 120,000,000 ÷ 600,000,000 = 18 cents Then use the 18cent price for the burn 120,000,000 ÷ 80,000,000 = $1.50 Now imagine if Flik reaches 50 cents before the burn.. $300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close I dont see anyone buying this after the burn. So do you think this value counts? Yes because they have a roadmap, the price will keep going up from there So what does it really mean to burn that much of them? What will happen? Burning means; coins are sent to an address that is guaranteed to have no known or discoverable private key, which means that those coins can never be used again. |
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zee123
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October 15, 2017, 11:49:48 PM |
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Interesting to see how this pans out.
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ksnhll
Full Member
Offline
Activity: 126
Merit: 100
The Cryptocurrency Investor
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October 16, 2017, 12:11:01 AM |
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Too close 3500 sats. Wow!
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bossbit
Member
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Activity: 68
Merit: 10
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October 16, 2017, 12:49:30 AM |
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where do you guys store your flik?
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ksnhll
Full Member
Offline
Activity: 126
Merit: 100
The Cryptocurrency Investor
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October 16, 2017, 01:00:24 AM |
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where do you guys store your flik?
Now I am keeping on coinexchange.io to be able to do buy and sell as short . You can use any ERC20 compatible wallet to store. |
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digaran
Copper Member
Hero Member
Offline
Activity: 1330
Merit: 899
🖤😏
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October 16, 2017, 01:19:14 AM |
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Interesting project, let me make one thing clear, I AM A BEGGAR. so let me beg for bounties and translations before other facking beggars take my SPOTS.
Those 3 dudes in a picture are going to revolutionize this industry? it's like saying George Lucas created star treks all by himself. now it's time for a lol.
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🖤😏
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ksnhll
Full Member
Offline
Activity: 126
Merit: 100
The Cryptocurrency Investor
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October 16, 2017, 01:31:48 AM |
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Interesting project, let me make one thing clear, I AM A BEGGAR. so let me beg for bounties and translations before other facking beggars take my SPOTS.
Those 3 dudes in a picture are going to revolutionize this industry? it's like saying George Lucas created star treks all by himself. now it's time for a lol.
Why not ? There is not much coin like FLIK has "real" owner and team members. They have working company with FLIK using media stream and rent...etc projects. This man is founder/co-owner: http://www.imdb.com/name/nm4130198/externalsites?ref_=nmbio_sa_3 |
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DHEIJN
Newbie
Offline
Activity: 9
Merit: 0
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October 16, 2017, 05:52:03 PM |
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So why are there expectations the market cap will be the same after the burn? Are there similar cases where this occured?
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JCB44
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October 16, 2017, 07:09:02 PM |
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So why are there expectations the market cap will be the same after the burn? Are there similar cases where this occured?
This hype is not only about burn, their CEO announced that Flik gonna hit Binance soon + rumour that Mark Cuban buying a large share in a company and becoming co-owner |
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Packers1985
Full Member
Offline
Activity: 364
Merit: 102
CHEERS
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October 16, 2017, 07:32:41 PM |
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So why are there expectations the market cap will be the same after the burn? Are there similar cases where this occured?
This hype is not only about burn, their CEO announced that Flik gonna hit Binance soon + rumour that Mark Cuban buying a large share in a company and becoming co-owner If it is legit news then this is going to be great. |
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DHEIJN
Newbie
Offline
Activity: 9
Merit: 0
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October 16, 2017, 07:33:51 PM |
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So why are there expectations the market cap will be the same after the burn? Are there similar cases where this occured?
This hype is not only about burn, their CEO announced that Flik gonna hit Binance soon + rumour that Mark Cuban buying a large share in a company and becoming co-owner ok thx for letting me know, but that is no answer to my question. Why people expect the market cap to be the same? would be awesome tho ;-) |
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