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Main => General Discussion => Topic started by: ccedk_pro on September 02, 2016, 10:11:15 pm

Title: [ANN] [OBITS] BUYBACK and BURN in September with 742.358 BTS = 7,4458 BTC
Post by: ccedk_pro on September 02, 2016, 10:11:15 pm
The BuyBack on September 2 with the following burn of 49 680 OBITS executed. Congrats

Here is the link to the burn itself.

http://cryptofresh.com/tx/0eef5d08d7a709bda2105536519c3e3575c34659

90% OF AMOUNT FOR BUYBACK: 668122 BTS
10% OF AMOUNT FOR BUYBACK:  0,7446 OPEN.BTC

(http://i.imgur.com/BEOSLmQ.jpg)

(http://i.imgur.com/yLQefWd.jpg)

(http://i.imgur.com/AyNsCnO.jpg)

(http://i.imgur.com/UEYyFHJ.jpg)

OpenLedger / CCEDK burn 0.28% of the OBITS in existence
                                                          

------------------------------------------------------------------------------------------------------------------------------------------------------------



This month have shown that revenues from the various OPEN assets are still not strong enough to provide an increasing value on its own and without any added revenue from an ongoing ICO. The positive is however, that this added revenue will begin from Oct.3rd with the ICOO doing its first distribution. It is expected that ICOO will do this on the base of minimum 50 BTC, so already here there will be a good amount entering as 20% of designated revenues will be used for the payment of monthly dividends / or as buyback of OBITS and consequently burned.


Learn More about OBITS www.obits.io on Coindesk (http://www.coindesk.com/press-releases/ccedk-launch-obits-openledger/) and Forbes

OBITS charts:

CoinMarketcap.com: https://coinmarketcap.com/assets/obits
CryptoFresh.com: http://cryptofresh.com/a/OBITS

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Title: Re: [ANN] [OBITS] BUYBACK and BURN in September with 742.358 BTS = 7,4458 BTC
Post by: lil_jay890 on September 03, 2016, 12:16:39 pm
Wow very disappointing results. Even with the blockpay IPO, you were only able to generate 100k bts through fees?

So obviously fees are not going to provide much value to the token. Holders just have to hope one of the other icos takes off or the bts referral program is revamped.
Title: Re: [ANN] [OBITS] BUYBACK and BURN in September with 742.358 BTS = 7,4458 BTC
Post by: ripplexiaoshan on September 03, 2016, 05:10:43 pm
Everything is on the right track +5%
Title: Re: [ANN] [OBITS] BUYBACK and BURN in September with 742.358 BTS = 7,4458 BTC
Post by: prebuffo on September 03, 2016, 05:41:00 pm
Quote from: lil_jay890 on September 03, 2016, 12:16:39 pm
Wow very disappointing results. Even with the blockpay IPO, you were only able to generate 100k bts through fees?

So obviously fees are not going to provide much value to the token. Holders just have to hope one of the other icos takes off or the bts referral program is revamped.

No not really so disappointing,  The next month will be the first were profit from ICOO come into Obits.
In my opinion actually BTSR is really disappointing, it simply doesn't work as expected and it doesn't produce revenue to burn and more subscription from the ICO.

Title: Re: [ANN] [OBITS] BUYBACK and BURN in September with 742.358 BTS = 7,4458 BTC
Post by: ccedk_pro on September 05, 2016, 10:07:54 am
Quote from: lil_jay890 on September 03, 2016, 12:16:39 pm
Wow very disappointing results. Even with the blockpay IPO, you were only able to generate 100k bts through fees?

So obviously fees are not going to provide much value to the token. Holders just have to hope one of the other icos takes off or the bts referral program is revamped.

Once hubDSP is fully launched this month, BTSR will show the prospects intended