Bittoshi
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October 17, 2017, 05:58:07 AM |
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I wonder how high the price of FLIK might go after the burn. Or is it doomed to fall? Anyway, long-term I predict $1 or more. HODL guys!
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Bitgesell (BGL): A modern and truly scarce store of value. Burn rate is 90% of tx fee. Yearly block reward halving.
It's just the beginning!
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toddy47
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October 17, 2017, 06:01:34 AM |
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I wonder how high the price of FLIK might go after the burn. Or is it doomed to fall? Anyway, long-term I predict $1 or more. HODL guys! I don't know it'll increase much if at all. Most people here are buying based on the after burn market cap not pre-burn.
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arielbit
Legendary
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Activity: 3416
Merit: 1059
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October 17, 2017, 12:16:33 PM |
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I wonder how high the price of FLIK might go after the burn. Or is it doomed to fall? Anyway, long-term I predict $1 or more. HODL guys! I don't know it'll increase much if at all. Most people here are buying based on the after burn market cap not pre-burn. if FLIK is listed on bigger exchanges like bittrex, it won't stop growing even after the burn. @cafetools lambo incoming spend it wisely..your money your call anyways.. for me I will still make it grow but that's just me
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MoonIsBlue
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October 17, 2017, 12:56:53 PM |
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I'll miss out but I won't miss all.
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akirabrr
Newbie
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Activity: 15
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October 17, 2017, 04:10:03 PM |
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https://etherscan.io/token/0x17fd666fa0784885fa1afec8ac624d9b7e72b752#balancesWarning they control 90% of the supply and a single user controls 6,69% of it the owner again when the burn happen the supply will be 50/50 from the dev and the users however one single guy will control 67% of it in other words the company is buying back the flik on the exchange to inflate the price in the end they will control 90% of it again, to dump it all at once.
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DHEIJN
Newbie
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Activity: 9
Merit: 0
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October 17, 2017, 06:40:02 PM |
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I wonder how high the price of FLIK might go after the burn. Or is it doomed to fall? Anyway, long-term I predict $1 or more. HODL guys! I don't know it'll increase much if at all. Most people here are buying based on the after burn market cap not pre-burn. explain yourself sir.
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ksnhll
Full Member
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Activity: 126
Merit: 100
The Cryptocurrency Investor
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October 17, 2017, 06:43:36 PM |
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https://etherscan.io/token/0x17fd666fa0784885fa1afec8ac624d9b7e72b752#balancesWarning they control 90% of the supply and a single user controls 6,69% of it the owner again when the burn happen the supply will be 50/50 from the dev and the users however one single guy will control 67% of it in other words the company is buying back the flik on the exchange to inflate the price in the end they will control 90% of it again, to dump it all at once. You are so funny. Yes they have 90% percent of coins and they will burn %80 of total coins, 420 m coins and will be left 80 m coin. Did you look at any other coin wallet adress ? There is no doubt that you do not know even bitcoin, ethereum, waves, dgb... which coin you have ever imagine have same situation. There are allways a couple of adress that have huge amounts. And as you said these kind of selling process are not on exchanges. Big stake owners sell their share with hand shake agreement. Go and play another place.
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Gyro
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October 17, 2017, 07:31:18 PM |
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So what happened to warrant a burn of so many coins? Not enough interest in the ICO?
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ksnhll
Full Member
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Activity: 126
Merit: 100
The Cryptocurrency Investor
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October 17, 2017, 08:07:01 PM |
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So what happened to warrant a burn of so many coins? Not enough interest in the ICO?
I guess they figured it out that coin supply is important thing. Personally I do not prefer investing coin that has too much supply.
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MFatih
Member
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Activity: 101
Merit: 10
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October 17, 2017, 08:21:58 PM |
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I got a title loan on my 2013 Honda Accord for $10k. I invested the $10,000 into FLiK. After it 10x -20x I will have $100k - $200k and will either get a red or yellow used or brand new Lamborgini Gallardo V-spec!
It looks like u will
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Bitcoin2theEnd
Member
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Activity: 137
Merit: 14
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October 17, 2017, 08:47:37 PM |
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So what happened to warrant a burn of so many coins? Not enough interest in the ICO?
Must of been all the left over coins from ico
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drachman
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October 18, 2017, 11:13:51 PM |
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I got a title loan on my 2013 Honda Accord for $10k. I invested the $10,000 into FLiK. After it 10x -20x I will have $100k - $200k and will either get a red or yellow used or brand new Lamborgini Gallardo V-spec!
sorry but that is dumb. to take huge gains like that only to blow on a used lamborghini instead of adding to retirement and just playing with maybe 10% of it. but hey, i'm not your financial advisor Well that is his money he can do whatever he wants with his profits, but if my investments gave me that kind of money I know for sure that I will just buy a bunch of houses rent them and retire the next day since that is a lot of money in my country.
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MV7
Full Member
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Activity: 322
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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October 19, 2017, 03:09:41 AM |
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Prices have dropped dramatically the past few days. Might be a good time to get in now. I won't be buying, but im interested in seeing whether the coin burn will have a huge impact on prices
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﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆
≈ WORLD POWER PRODUCTION ≈ █ █ █
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Zakhal
Full Member
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Activity: 280
Merit: 100
I love crypto
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October 19, 2017, 04:57:26 AM |
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I would expect 80% burn to have noticeable effect. Market cap with drop a lot.
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Bittoshi
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October 19, 2017, 05:48:21 AM |
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Lets hope the best guys. In a week we are all wiser (and hopefully much wealthier) than now.
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Bitgesell (BGL): A modern and truly scarce store of value. Burn rate is 90% of tx fee. Yearly block reward halving.
It's just the beginning!
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cryptofunn
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October 19, 2017, 07:09:34 AM |
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buy on the rumor, sell on the news. after burning coins, the price will drop. but in the prospect of the year can grow. the truth is not sure that x10
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treepixel
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October 19, 2017, 05:32:56 PM |
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I would expect 80% burn to have noticeable effect. Market cap with drop a lot.
If the value of the coin goes up after the burn is there a chance we don't ever see current prices again?
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fsaunier
Newbie
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Activity: 29
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October 19, 2017, 05:49:00 PM |
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Is it the first startup to burn coin in that manner ?
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Zakhal
Full Member
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Activity: 280
Merit: 100
I love crypto
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October 19, 2017, 06:06:44 PM |
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If the value of the coin goes up after the burn is there a chance we don't ever see current prices again?
It will of course come down too, possibly lots if there is no quick profit to make.
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burdeN
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October 19, 2017, 06:19:13 PM |
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Have a bad feeling about this coin. Why was such huge burn initiated? My guess - just to pump the price
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