Better pictures and banners this time :)
QuoteSecond stage - is OBITS buyback. We will buy back the OBITS at market value on the base of 100% of generated fees from the OpenLedger Exchange Network. A list of these included profits from fees are mentioned elsewhere, and more to be added.
Example: If you decide to place your sell order at price 1 OBITS = 30 BTS, and your sell offer is the cheapest on buyback-day, we must buy your 1 OBITS for 30 BTS on the base of obtained profits. Furthermore, bought-back OBITS will be burned (permanently deleted). This action will increase price of OBITS natively.
So, they are selling their tokens because they hope to buy them back at cheaper price later. That is why they are doing presale. Those who bought at presale will damp the price, and those who bought after ipo will not be able to sell at profit. I understand that ccedk is important for development and they need to raise funds etc, but cut the crap. If you want to raise money for development, stop bullshitting and pay fair dividends to all shareholders proportionally to their stake.
QuoteSecond stage - is OBITS buyback. We will buy back the OBITS at market value on the base of 100% of generated fees from the OpenLedger Exchange Network. A list of these included profits from fees are mentioned elsewhere, and more to be added.
Example: If you decide to place your sell order at price 1 OBITS = 30 BTS, and your sell offer is the cheapest on buyback-day, we must buy your 1 OBITS for 30 BTS on the base of obtained profits. Furthermore, bought-back OBITS will be burned (permanently deleted). This action will increase price of OBITS natively.
So, they are selling their tokens because they hope to buy them back at cheaper price later. That is why they are doing presale. Those who bought at presale will damp the price, and those who bought after ipo will not be able to sell at profit. I understand that ccedk is important for development and they need to raise funds etc, but cut the crap. If you want to raise money for development, stop bullshitting and pay fair dividends to all shareholders proportionally to their stake.
Why do you think we want to buy back cheaper at a later stage?
Let me think... Aha, this will make you profit!! You know, selling high and buying back low usually brings profit.QuoteIf you believe in OpenLedger
I am not a believer.
Watch my hands, kids.
Right now ccedk makes bold statements about transparency, and at the same time they are doing shady presale without making prices public. Suppose they've sold 30% of their tokens at 10 on presale and 70% at 50 after ipo. The average price they paid is 38. Those who bought during presale will drive the price way below 38, because even 20 is 100% profit for them, and everybody will want to cash out a part of his stake at profit. So, first buy backs will be massive, because there will be a lot of cheap offers. As price grows, they will buy back smaller and smaller amounts. And when the price hits 38, they will stop buying, making up some shitty excuse. And none of poor losers who bought after ipo will know where is this cut off price.
Watch my hands, kids.
Right now ccedk makes bold statements about transparency, and at the same time they are doing shady presale without making prices public. Suppose they've sold 30% of their tokens at 10 on presale and 70% at 50 after ipo. The average price they paid is 38. Those who bought during presale will drive the price way below 38, because even 20 is 100% profit for them, and everybody will want to cash out a part of his stake at profit. So, first buy backs will be massive, because there will be a lot of cheap offers. As price grows, they will buy back smaller and smaller amounts. And when the price hits 38, they will stop buying, making up some shitty excuse. And none of poor losers who bought after ipo will know where is this cut off price.
it does not take a genious to see the incoming amounts to ccedkbts and the following payments from obits account
@ccedkQuoteit does not take a genious to see the incoming amounts to ccedkbts and the following payments from obits account
Ok, you are right I am wrong. I thought you are receiving payments off blockchain.
@ccedkQuoteit does not take a genious to see the incoming amounts to ccedkbts and the following payments from obits account
Ok, you are right I am wrong. I thought you are receiving payments off blockchain.
@ccedkQuoteit does not take a genious to see the incoming amounts to ccedkbts and the following payments from obits account
Ok, you are right I am wrong. I thought you are receiving payments off blockchain.
Reading half and making up the other half asuming things instead of trying it out yourself is bound to go wrong and although I did say off blockchain, I meant as such that it was not listed on any sales stats like coinmarketcap etc, for people outside to follow, simply because this stage before public launch is the stage of making mainly crypto minded people aware giving all a chance to buy in early before the news reaches the mainstream category of investors interested in something different, yet appealing for future profitt take.
My two biggest priorities up untill Dec. 1st is
1. Settling all matters, for OBITS to be listed on as many exchanges fully BitShares 2.0 integrated a possible
2. Getting out to as many magazines and bloggers worldwide interested in presenting and promoting OBITS on their website, sending the readers to Openledger and in return generating future residual income on the base of a Lifetime membership link
that is what I am working with in the meantime of making time writing my feedback on these comments.
Have you ever thought about the impact when a successful wave of users wish to signup on Openledger to buy and safekeep OBITS, and buy buying OBITS whether it is in other currencies than bts where we then buy supply of bts, or it is themselves going out there buying bts to buy OBITS.
Either way a demand is created for bts, allowing the price of bts to rise, and as such you make OBITS rise in price as well, and suddenly it is not only the fees involved and the buyback creating teh value combined with the demand and supply, it is suddenly also the indirect increase of bts, and suddenly you have the kin of synergy I love to deal with.
None of this has gotten anything to do with dumping and pumping.
It is more about believing in BitShares and creating a need, from expected income from fees and added future projects.
With that need created we are able to present a solution based on the profits of the exchange network.
@ccedkQuoteit does not take a genious to see the incoming amounts to ccedkbts and the following payments from obits account
Ok, you are right I am wrong. I thought you are receiving payments off blockchain.
Reading half and making up the other half asuming things instead of trying it out yourself is bound to go wrong and although I did say off blockchain, I meant as such that it was not listed on any sales stats like coinmarketcap etc, for people outside to follow, simply because this stage before public launch is the stage of making mainly crypto minded people aware giving all a chance to buy in early before the news reaches the mainstream category of investors interested in something different, yet appealing for future profitt take.
My two biggest priorities up untill Dec. 1st is
1. Settling all matters, for OBITS to be listed on as many exchanges fully BitShares 2.0 integrated a possible
2. Getting out to as many magazines and bloggers worldwide interested in presenting and promoting OBITS on their website, sending the readers to Openledger and in return generating future residual income on the base of a Lifetime membership link
that is what I am working with in the meantime of making time writing my feedback on these comments.
Have you ever thought about the impact when a successful wave of users wish to signup on Openledger to buy and safekeep OBITS, and buy buying OBITS whether it is in other currencies than bts where we then buy supply of bts, or it is themselves going out there buying bts to buy OBITS.
Either way a demand is created for bts, allowing the price of bts to rise, and as such you make OBITS rise in price as well, and suddenly it is not only the fees involved and the buyback creating teh value combined with the demand and supply, it is suddenly also the indirect increase of bts, and suddenly you have the kin of synergy I love to deal with.
None of this has gotten anything to do with dumping and pumping.
It is more about believing in BitShares and creating a need, from expected income from fees and added future projects.
With that need created we are able to present a solution based on the profits of the exchange network.
Bought some obits on market. Waiting for buy back. Please make me happy. :)
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