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Sozialtourist
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April 30, 2019, 09:32:56 PM |
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Got another question about MBTU and MBTX.
In the one-pager it's said that you can also use MBTU to buy MBTX. I don't understand exactly. Will you sell MBTX tokens even after the IEO is over?
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MinedBlock_Paul
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May 01, 2019, 07:49:39 AM |
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MBTX will be available in future funding rounds and MBTU will only be available in the IEO Got another question about MBTU and MBTX.
In the one-pager it's said that you can also use MBTU to buy MBTX. I don't understand exactly. Will you sell MBTX tokens even after the IEO is over?
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Nathan01
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May 01, 2019, 08:18:54 AM |
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Both tokens will be tradable. They will be completely separate as one will mine to central wallets, that we manage and pay dividends from, whilst the other will mine directly to users wallets Will both tokens be traded in the future?
Will they have separate storage system since one generates passive income?
What's the projected Token supply for both CS and TS for both tokens? |
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MinedBlock_Paul
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May 01, 2019, 08:37:03 AM |
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The Total supply for MBTX will be 365,000,000 & for MBTU 200,000,000. I can't speculate on circulation quantities as that's dependant on the success of MinedBlock's sale. But don't forget the MinedBlock will operating a Buy Back scheme to reduce the circulation of MBTX thus increasing token value  Will both tokens be traded in the future?
Will they have separate storage system since one generates passive income?
[/quote] What's the projected Token supply for both CS and TS for both tokens? [/quote] |
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Anilbg
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May 01, 2019, 10:48:26 AM |
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The Total supply for MBTX will be 365,000,000 & for MBTU 200,000,000. I can't speculate on circulation quantities as that's dependant on the success of MinedBlock's sale. But don't forget the MinedBlock will operating a Buy Back scheme to reduce the circulation of MBTX thus increasing token value Will both tokens be traded in the future?
Will they have separate storage system since one generates passive income?
What's the projected Token supply for both CS and TS for both tokens? [/quote] [/quote] How much tokens project team will be keeping for themselves ? Also, What will happen to unsold tokens? I hope you will burn unsold tokens? |
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MinedBlock_Paul
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May 01, 2019, 12:13:11 PM |
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5% of total supply is allocated to Founding team. MBTU unsold tokens will be burnt but MBTX will continue to be sold in Private Placements until hardcap has been reached. The Total supply for MBTX will be 365,000,000 & for MBTU 200,000,000. I can't speculate on circulation quantities as that's dependant on the success of MinedBlock's sale. But don't forget the MinedBlock will operating a Buy Back scheme to reduce the circulation of MBTX thus increasing token value Will both tokens be traded in the future?
Will they have separate storage system since one generates passive income?
What's the projected Token supply for both CS and TS for both tokens? [/quote] How much tokens project team will be keeping for themselves ? Also, What will happen to unsold tokens? I hope you will burn unsold tokens? [/quote] |
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MinedBlock (OP)
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May 01, 2019, 03:48:58 PM |
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chan001
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May 01, 2019, 04:04:24 PM |
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Yes. But initially only Bitcoin or Bitcoin Cash will be available though until we make GPU mining available Can MBTU token holders that rented mining equipment decide on their own what they wanna mine with it? Or will it be chosen by you?
That's nice to k know. So I can decide which coin we want to mine. But there might be list of coin from which we need to select? |
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ethtrader16
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Empowering crypto w/ sustainable energy
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May 01, 2019, 04:23:48 PM |
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MBTX will be available in future funding rounds and MBTU will only be available in the IEO Got another question about MBTU and MBTX.
In the one-pager it's said that you can also use MBTU to buy MBTX. I don't understand exactly. Will you sell MBTX tokens even after the IEO is over?
That's mean we have to buy both tokens in different transactions? Or if we are holding MBTX then we will get MBTU also? I am confused here.🤔 |
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Nathan01
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May 01, 2019, 04:44:48 PM |
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The Total supply for MBTX will be 365,000,000 & for MBTU 200,000,000. I can't speculate on circulation quantities as that's dependant on the success of MinedBlock's sale. But don't forget the MinedBlock will operating a Buy Back scheme to reduce the circulation of MBTX thus increasing token value Will both tokens be traded in the future?
Will they have separate storage system since one generates passive income?
What's the projected Token supply for both CS and TS for both tokens? [/quote] [/quote] This strategy in most of the cases have faced difficulties in helping price retain good value. I could point projects that used this and didn't have much success. What other strategies does the team have in mind to help token price in the future? |
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Sozialtourist
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May 01, 2019, 08:39:14 PM |
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MBTX will be available in future funding rounds and MBTU will only be available in the IEO Got another question about MBTU and MBTX.
In the one-pager it's said that you can also use MBTU to buy MBTX. I don't understand exactly. Will you sell MBTX tokens even after the IEO is over?
Ahh yeah I remember that you mentioned these future funding rounds already earlier in this thread. Will this mean you'll get a discount then when paying with MBTU tokens? |
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MinedBlock_Paul
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May 01, 2019, 09:20:07 PM
Last edit: May 02, 2019, 07:44:40 AM by MinedBlock_Paul |
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They’re separate tokens that have been created to complete separate tasks? One is a security token that can only be purchased by certain individuals but gives a higher level of protection to the investor and the other is a way in for those who can’t get in via the STO, The IEO will sell 100m MBTU, The only way to then purchase will be via the secondary market.
That's mean we have to buy both tokens in different transactions? Or if we are holding MBTX then we will get MBTU also? I am confused here.🤔
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Sozialtourist
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May 01, 2019, 10:49:31 PM |
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When you say that you'll burn 10% of each MBTU transaction, will you do this for an unlimited time or only until the total supply reaches a specific amount?
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MinedBlock_Paul
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May 02, 2019, 07:11:45 AM |
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It will be ongoing, 10% of every transaction When you say that you'll burn 10% of each MBTU transaction, will you do this for an unlimited time or only until the total supply reaches a specific amount?
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Anilbg
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May 02, 2019, 08:51:23 AM |
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It will be ongoing, 10% of every transaction When you say that you'll burn 10% of each MBTU transaction, will you do this for an unlimited time or only until the total supply reaches a specific amount?
Okay. So we can expect after sometime, MBTU tokens will be completely burnt and there will be zero supply in market? |
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Nathan01
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May 02, 2019, 09:31:05 AM |
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You're offering quite an attractive rate via the BountyOx bounty campaign, just checked that out. Great selection you went for. I think much more popularity will come into the project due to this. |
( M P C X ) Revolution ▬▬ • • • [url=http://www.doctailor.com/]DOCTailor ✂️ Unique self-customizing smart legal contract platform[/url] • • • ▬▬
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▌▌ [url=http://www.doctailor.com/#termsSection]Click for PRE-SALE ▬▬▬ IEO: Jul 20th[/url] ▐▐ |
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Sozialtourist
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May 02, 2019, 10:25:02 AM |
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It will be ongoing, 10% of every transaction When you say that you'll burn 10% of each MBTU transaction, will you do this for an unlimited time or only until the total supply reaches a specific amount?
Okay. So we can expect after sometime, MBTU tokens will be completely burnt and there will be zero supply in market? No, it can't go to zero if you only burn 10% with every transaction. I was just wondering if they want to keep the total supply above a certain level so that there won't be any problems with liquidity. |
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chan001
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May 02, 2019, 02:17:43 PM |
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It will be ongoing, 10% of every transaction When you say that you'll burn 10% of each MBTU transaction, will you do this for an unlimited time or only until the total supply reaches a specific amount?
Okay. So we can expect after sometime, MBTU tokens will be completely burnt and there will be zero supply in market? No, it can't go to zero if you only burn 10% with every transaction. I was just wondering if they want to keep the total supply above a certain level so that there won't be any problems with liquidity. There should be some figures which minedblock have kept in mind for MBTU tokens. It will not be zero, but will be reduced to certain numbers. |
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MinedBlock_Paul
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May 02, 2019, 09:41:20 PM |
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It will be ongoing, 10% of every transaction When you say that you'll burn 10% of each MBTU transaction, will you do this for an unlimited time or only until the total supply reaches a specific amount?
Okay. So we can expect after sometime, MBTU tokens will be completely burnt and there will be zero supply in market? No, it can't go to zero if you only burn 10% with every transaction. I was just wondering if they want to keep the total supply above a certain level so that there won't be any problems with liquidity. There should be some figures which minedblock have kept in mind for MBTU tokens. It will not be zero, but will be reduced to certain numbers. Indeed yes but we are a long way off that yet |
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