D3m0nKinGx
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July 14, 2019, 10:35:33 AM Last edit: July 14, 2019, 10:47:37 AM by D3m0nKinGx |
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This will be only one time burn or they are going to have burn in every month-quarter or so? Why are this Pundi X NEM tokens? They ar seems not trading at any good exchange... For what they are? Today is the day for the burn, where proof ? https://etherscan.io/token/0xa15c7ebe1f07caf6bff097d8a589fb8ac49ae5b3Supply: 261,834,927,332 NPXS Altho 5 Billion being burned would only reduce supply by about 2%, but if this occurs, let's see how it affects the market
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DrBeer
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July 14, 2019, 10:56:06 AM |
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About Q2 announce: NPXSXEM Total Supply 9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ?
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D3m0nKinGx
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July 14, 2019, 11:06:29 AM |
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About Q2 announce: NPXSXEM Total Supply 9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? http://explorer.nemtool.com/#/mosaic?m=npxs&ns=pundixactually it's only 7,170,733,206 So seems there's some inaccurate information spreading on social... Anybody have more accurate info ?
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DrBeer
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July 14, 2019, 11:10:56 AM |
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About Q2 announce: NPXSXEM Total Supply 9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? http://explorer.nemtool.com/#/mosaic?m=npxs&ns=pundixactually it's only 7,170,733,206 So seems there's some inaccurate information spreading on social... Anybody have more accurate info ? OK, the essence of the problem does not change
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D3m0nKinGx
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July 14, 2019, 11:26:59 AM |
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About Q2 announce: NPXSXEM Total Supply 9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? http://explorer.nemtool.com/#/mosaic?m=npxs&ns=pundixactually it's only 7,170,733,206 So seems there's some inaccurate information spreading on social... Anybody have more accurate info ? OK, the essence of the problem does not change Well the better question is what's the official word from the PundiX team? that's what I haven't seen... the originator of the tweet/posting of the token burn wasn't by the PundiX team themselves.
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JollyGood
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July 14, 2019, 11:28:24 AM |
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What new game changers are Pundi X planning to release?
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DrBeer
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July 14, 2019, 11:38:05 AM |
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About Q2 announce: NPXSXEM Total Supply 9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? http://explorer.nemtool.com/#/mosaic?m=npxs&ns=pundixactually it's only 7,170,733,206 So seems there's some inaccurate information spreading on social... Anybody have more accurate info ? OK, the essence of the problem does not change Well the better question is what's the official word from the PundiX team? that's what I haven't seen... the originator of the tweet/posting of the token burn wasn't by the PundiX team themselves. As far as I know, this information appeared after the AMA with Zac. I assume that he simply made a mistake, and everyone began to replicate his mistake without checking.
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D3m0nKinGx
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July 14, 2019, 11:53:28 AM |
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About Q2 announce: NPXSXEM Total Supply 9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? http://explorer.nemtool.com/#/mosaic?m=npxs&ns=pundixactually it's only 7,170,733,206 So seems there's some inaccurate information spreading on social... Anybody have more accurate info ? OK, the essence of the problem does not change Well the better question is what's the official word from the PundiX team? that's what I haven't seen... the originator of the tweet/posting of the token burn wasn't by the PundiX team themselves. As far as I know, this information appeared after the AMA with Zac. I assume that he simply made a mistake, and everyone began to replicate his mistake without checking. From the AMA: https://medium.com/pundix/recap-of-ama-with-zac-on-apr-12-b949270292bcQ: Pundi X has mentioned a monthly coin burn and a monthly buy back. Why hasn’t this happened yet? Zac: It is not monthly. We are doing a quarterly token removal. -- I'm looking for more specifics on the amount tho
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D3m0nKinGx
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July 14, 2019, 12:30:46 PM |
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One of the ways of doing a token burn on ETH chain is sending to 0x0 https://etherscan.io/tokentxns?a=0x0000000000000000000000000000000000000000Atm I'm not finding any tokens from npxs. but if someone can locate it. The NPXSXEM removal amount is 6,952,786,956.99 (6.9B) The NPXS removal amount is 7,592,770,954.46 (7.5B) In sum, we will remove 14,545,557,911.45 (14.5B) NPXS and NPXSXEM permanently from the total supply on May 11, 2019. https://www.reddit.com/r/PundiX/comments/bkk2bq/pundix_announces_q1_145_billion_npxsnpxsxem_token/https://medium.com/pundix/q1-2019-npxs-and-npxsxem-token-removal-77f8b90b0069So I'm wondering if any burns have actually occurred at all Because the explorer(s) don't seem to be reflecting these reports... I'm not finding the transaction proof of the removals. Especially where the NEM explorer is showing that back in april npxsxem supply was 7B and the removal was supposed to be 6B in May... meaning npxsxem should only have a supply of 1B right now... but the explorer isn't updated so can we please get someone from the PundiX Team to give some accurate info ?
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D3m0nKinGx
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July 14, 2019, 12:54:05 PM |
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alicea
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July 15, 2019, 05:38:06 AM |
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About Q2 announce: NPXSXEM Total Supply 9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? As far as I know, the max supply of NPXSXEM was around 106B so maybe they are removing tokens from there?
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btcmegastar
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July 15, 2019, 06:17:54 AM |
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About Q2 announce: NPXSXEM Total Supply 9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? As far as I know, the max supply of NPXSXEM was around 106B so maybe they are removing tokens from there? Even the supply seems to be very high which they are removing very fewer numbers of the token, in order to increase its price it will take many years to remove the supply. Now, what was the exact amount are they going to deduct from their supply?
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JollyGood
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July 15, 2019, 07:28:48 AM |
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Any POS devices news from Pundi X?
What is their POS strategy for retail outlets?
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kiemponxs
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July 15, 2019, 09:33:04 AM |
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About Q2 announce: NPXSXEM Total Supply 9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? As far as I know, the max supply of NPXSXEM was around 106B so maybe they are removing tokens from there? should be more attention is NPXS, because the main product is Pundi X, investors and traders are waiting for NPXS to rise again, but even though good news is approaching, NPXS is down 12% today
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paschcua
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July 15, 2019, 09:12:05 PM |
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JollyGood
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July 16, 2019, 10:59:37 AM |
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Regardless of BTC price going up or down and regardless of Pundi X price going up or down - what exactly is the Pundi X team doing? Are they making progress?
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alicea
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July 16, 2019, 01:52:01 PM |
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Regardless of BTC price going up or down and regardless of Pundi X price going up or down - what exactly is the Pundi X team doing? Are they making progress?
Guess they are focussing on two things right now first releasing xPhone and second moving NPXSXEM to Binance chain (BEP-2). And IMO just those 2 things are not enough for the price movement.
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JollyGood
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July 16, 2019, 02:38:57 PM |
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Regardless of BTC price going up or down and regardless of Pundi X price going up or down - what exactly is the Pundi X team doing? Are they making progress?
Guess they are focussing on two things right now first releasing xPhone and second moving NPXSXEM to Binance chain (BEP-2). And IMO just those 2 things are not enough for the price movement. What would you say is a good plan for them to implement which would satisfy investors as well as show they are making real progress in the real world?
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D3m0nKinGx
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July 16, 2019, 02:42:57 PM |
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Regardless of BTC price going up or down and regardless of Pundi X price going up or down - what exactly is the Pundi X team doing? Are they making progress?
Guess they are focussing on two things right now first releasing xPhone and second moving NPXSXEM to Binance chain (BEP-2). And IMO just those 2 things are not enough for the price movement. What would you say is a good plan for them to implement which would satisfy investors as well as show they are making real progress in the real world? Develop their own independent chain for NPXS without piggybacking off ETH or Binance Chain, and possibly some restructuring of token supply/rewards
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