Author Topic: METAFEES next BUYBACK on Saturday April 30 2016 10am-11am CET  (Read 20594 times)

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Offline luckybit

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Better to keep it secret as a policy. Having that known will only cause manipulation. It's also better not to let the day of the month be known. The less people know the less manipulation there will be.
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Offline Shentist

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how much worth of BTC are you buying?

it's a secret. i wanted to not announce it, but if everyone want to know i will post it on sunday.

Offline Akado

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Tuck Fheman

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How do I get METAFEES_METAEX.BTC to pull up in the lightwallet?  It does not show up anywhere that I can see.

only works in the webwallet ...

no prob. not selling anyway but was just curious to watch.

Offline fav

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How do I get METAFEES_METAEX.BTC to pull up in the lightwallet?  It does not show up anywhere that I can see.

only works in the webwallet ...

Offline Shentist

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Hi bitshares community,

our fundraiser is still running, more then 30 days left, so it is a good time to do our first buyback.

The goal for this buyback is to give everyone a feeling how we will do it and to get feedback what we should change.

So the rules for the first buyback are:

1. We will buyback as many METAFEES as 100% of our fees can do. We choose to use 100% of the collected fees, because the integration from BTS 2.0 needed longer then expected and the collected fees in the last month are lower then normal! The exact amount we will not announce to make it more interesting.

2. The buyback will be occur on Monday between 8pm - 10pm CET

3. For this buyback we are only doing in on the pair METAFEES:METAEX.BTC https://bitshares.openledger.info/#/market/METAFEES_METAEX.BTC (as a sidenote for the devs, for me it was impossible to choose this pair on the webwallet. I had to put the pair manually into the link.

4. We created the account "metafees-buyback" everything we will do for the buyback, we are planing to do it with this account : http://cryptofresh.com/u/metafees-buyback

5. If some METAFEES are left the remaining buyback fees will get used with the next buyback.

6. For the beginning the bought METAFEES will rest till the end of the fundraiser on the account "metafees-buyback" and will be burned after the fundraiser is over.

We use this pair to give our UIAs more usability and to promote them to the bitshares community. The METAEX.BTC can instantly transfered into BTS https://bitshares.openledger.info/#/market/METAEX.BTC_BTS or via metaexchange.info into real BTC https://metaexchange.info/markets/METAEX.BTC/BTC

If you have questions, let us know we have some days left till monday!

I have considered most of these issues for reasons known to some, so:

2. exact time is better (even better same time from now on forward).

6. Is odd... why? It is not like you gonna run out of metafees to sell for the rest of the ICO time. So I would burn them the next day.

Other than that, slightly less important - making it more interesting is not very business like [if you have real reasons why it is better, just state them]

Other than that Good luck! I am a fan of yours, as you might know.

i tonyk thanks for the feedback

2. i choose a timespan you never know if something happens and i am running late a little bit. At the moment we do it manually, so in the future we can do it automated and then it is easy to guarantee a time!
6.  we can burn them instantly if wanted, but for this we need to send them back to the issue account (hope i understand it correct). So to prefend some misunderstanding i choose to handle it this way.

Offline Shentist

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How do I get METAFEES_METAEX.BTC to pull up in the lightwallet?  It does not show up anywhere that I can see.

i didn't tried it on the lightwallet - maybe some devs can give us some hints?

Offline tonyk

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Hi bitshares community,

our fundraiser is still running, more then 30 days left, so it is a good time to do our first buyback.

The goal for this buyback is to give everyone a feeling how we will do it and to get feedback what we should change.

So the rules for the first buyback are:

1. We will buyback as many METAFEES as 100% of our fees can do. We choose to use 100% of the collected fees, because the integration from BTS 2.0 needed longer then expected and the collected fees in the last month are lower then normal! The exact amount we will not announce to make it more interesting.

2. The buyback will be occur on Monday between 8pm - 10pm CET

3. For this buyback we are only doing in on the pair METAFEES:METAEX.BTC https://bitshares.openledger.info/#/market/METAFEES_METAEX.BTC (as a sidenote for the devs, for me it was impossible to choose this pair on the webwallet. I had to put the pair manually into the link.

4. We created the account "metafees-buyback" everything we will do for the buyback, we are planing to do it with this account : http://cryptofresh.com/u/metafees-buyback

5. If some METAFEES are left the remaining buyback fees will get used with the next buyback.

6. For the beginning the bought METAFEES will rest till the end of the fundraiser on the account "metafees-buyback" and will be burned after the fundraiser is over.

We use this pair to give our UIAs more usability and to promote them to the bitshares community. The METAEX.BTC can instantly transfered into BTS https://bitshares.openledger.info/#/market/METAEX.BTC_BTS or via metaexchange.info into real BTC https://metaexchange.info/markets/METAEX.BTC/BTC

If you have questions, let us know we have some days left till monday!

I have considered most of these issues for reasons known to some, so:

2. exact time is better (even better same time from now on forward).

6. Is odd... why? It is not like you gonna run out of metafees to sell for the rest of the ICO time. So I would burn them the next day.

Other than that, slightly less important - making it more interesting is not very business like [if you have real reasons why it is better, just state them]

Other than that Good luck! I am a fan of yours, as you might know.
« Last Edit: November 20, 2015, 08:40:58 pm by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Tuck Fheman

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How do I get METAFEES_METAEX.BTC to pull up in the lightwallet?  It does not show up anywhere that I can see.

Offline fav

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Offline Shentist

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Hi bitshares community,

our fundraiser is still running, more then 30 days left, so it is a good time to do our first buyback.

The goal for this buyback is to give everyone a feeling how we will do it and to get feedback what we should change.

So the rules for the first buyback are:

1. We will buyback as many METAFEES as 100% of our fees can do. We choose to use 100% of the collected fees, because the integration from BTS 2.0 needed longer then expected and the collected fees in the last month are lower then normal! The exact amount we will not announce to make it more interesting.

2. The buyback will be occur on Monday between 8pm - 10pm CET

3. For this buyback we are only doing in on the pair METAFEES:METAEX.BTC https://bitshares.openledger.info/#/market/METAFEES_METAEX.BTC (as a sidenote for the devs, for me it was impossible to choose this pair on the webwallet. I had to put the pair manually into the link.

4. We created the account "metafees-buyback" everything we will do for the buyback, we are planing to do it with this account : http://cryptofresh.com/u/metafees-buyback

5. If some fees are left and no METAFEES are offerd the remaining buyback fees will get used with the next buyback.

6. For the beginning the bought METAFEES will rest till the end of the fundraiser on the account "metafees-buyback" and will be burned after the fundraiser is over.

We use this pair to give our UIAs more usability and to promote them to the bitshares community. The METAEX.BTC can instantly transfered into BTS https://bitshares.openledger.info/#/market/METAEX.BTC_BTS or via metaexchange.info into real BTC https://metaexchange.info/markets/METAEX.BTC/BTC

If you have questions, let us know we have some days left till monday!
« Last Edit: April 27, 2016, 05:21:45 am by Shentist »