[ANN] SophiaTX Announcement - The Blockchain for Business

[lobat999]

Are you familiar with our buyback program? 

You can learn more about it here: https://www.sophiatx.com/what-is-sophiatx-buyback-and-why-participate 

I think the buyback program is  really a great way to maintain a healthy blockchain ecosystem which could give the benefit of avoiding future issues that may arise with it. Good work!

Trust me, they won't remove even 50% of ERC20 from circulation, because it is an opt-in solution (just like everything in blockchain). The best alternative was to let ERC-20 tokens become deprecated tokens. That would have been much easier to do and would resemble to an opt-out solution (the original plan).

I guess you have a point on that matter but I was also thinking if a simple token swap with 1:1 ratio had been implemented then it could have achieve same results also. Imho.

[muleroaa]

What is the deadline for the buyback program?

[Darkoth89]

What is the deadline for the buyback program?

Good question and I just scanned through their blog about the buy-back program. But there wasn't any exact date mentioned. My guess is that there is no real deadline for it, because they want to remove all old ERC20 tokens from circulation.

[Nightz]

The deadline day is important, because price might dramatically move before or after the deadline day.
Some days around the deadline, we might see something interesting.
Please give me deadline of the SophiaX's buyback program.

Take care when it comes to trading deadline days as there might indeed be some surprising price movements.

[Darkoth89]

The deadline day is important, because price might dramatically move before or after the deadline day.
Some days around the deadline, we might see something interesting.
Please give me deadline of the SophiaX's buyback program.

Why do you think that the date of the end for their buy-back program will have any influence on the price of the ERC20 tokens (yes, the old tokens on the Ethereum platform). Where are they ever tradeable? Only on Fork/Etherdelta?

[muleroaa]

What is the deadline for the buyback program?

Good question and I just scanned through their blog about the buy-back program. But there wasn't any exact date mentioned. My guess is that there is no real deadline for it, because they want to remove all old ERC20 tokens from circulation.

That would be good, I am currently traveling and have no access to my Ledger. An answer from the team would be appreciated though

[Altcoinrusher]

Aside from the buy back program, is there any news about possible partnerships with the platform and how was SophiaTX's progress in terms of adoption?

[fq,frHUxP*joE]

What was that with the sharp price drop recently?

[jvper]

What was that with the sharp price drop recently?

Someone or a few people tried to sell some SPHTX in a low volume market. That's what happened...

[automaticmoney]

some syndicate of buyers trying to sell at the low price and make the stable price at a low price hopefully the price come back to normal

[jvper]

some syndicate of buyers trying to sell at the low price and make the stable price at a low price hopefully the price come back to normal

In a low volume market everything is possible. Too much speculation at this point. As soon as the platform is live with millions of transactions everyday it will change.

[Microove]

Looking forward to the project, just so you guys know: the link towards this thread is not working through the airdrop site. Gl gl

[Altcoinrusher]

some syndicate of buyers trying to sell at the low price and make the stable price at a low price hopefully the price come back to normal

In a low volume market everything is possible. Too much speculation at this point. As soon as the platform is live with millions of transactions everyday it will change.

Main net is already live, though its the speculation that affects SPHTX price but eventually it will rise considering the project has positioned itself in a unique niche in blockchain industry.

[farhadyakhdani]

The reason is the terrible price drop in the last year?
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project

[bitcircle]

The reason is the terrible price drop in the last year?
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project

The team is not making any effort in market this is the best case study for all investors who invested in it and now this looking like dead project. We don't have active community and slowly slowly it losing its value maybe in coming days it will be back on track but chances are very smart at this time.

[Altcoinrusher]

The reason is the terrible price drop in the last year?
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project

If you've read the whitepaper and follow its development progress, maybe you could appreciate the project as well and since you've stated that you've lost your capital, maybe you've sold them way below your entry price and that is unfortunate. As a general rule, we should only invest on what we can afford to lose but I guess with this token, holding it long term would surely recover all your initial investments.

[Darkoth89]

The reason is the terrible price drop in the last year?
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project

The team is not making any effort in market this is the best case study for all investors who invested in it and now this looking like dead project. We don't have active community and slowly slowly it losing its value maybe in coming days it will be back on track but chances are very smart at this time.

What are you talking about? The team is actually quite active compared to a lot of other projects. Just a few weeks ago we got the news of the first real-world business application of SophiaTX. Not sure what you want more? I mean, it's not their fault when people are impatiently selling.

[Altcoinrusher]

The reason is the terrible price drop in the last year?
Is this project really useful?
If it's practical, why is the horrible price dropping every day?
I lost all my capital in this project

The team is not making any effort in market this is the best case study for all investors who invested in it and now this looking like dead project. We don't have active community and slowly slowly it losing its value maybe in coming days it will be back on track but chances are very smart at this time.

What are you talking about? The team is actually quite active compared to a lot of other projects. Just a few weeks ago we got the news of the first real-world business application of SophiaTX. Not sure what you want more? I mean, it's not their fault when people are impatiently selling.

That is quite right! If they could only examine the team's progress in developing this project then they could appreciate it. And I say that its quite a bit ironic that those projects with real development suffered from low prices of their tokens whilst other that don't even have a Beta version and just have a mere idea seems to thrive.

[Nightz]

The deadline day is important, because price might dramatically move before or after the deadline day.
Some days around the deadline, we might see something interesting.
Please give me deadline of the SophiaX's buyback program.

Why do you think that the date of the end for their buy-back program will have any influence on the price of the ERC20 tokens (yes, the old tokens on the Ethereum platform). Where are they ever tradeable? Only on Fork/Etherdelta?

The end of the buy back program wouldn't have any impact. If it's over why should it still have any impact?

[kurbeks]

Why so big discount atm?