Author Topic: METAFEES next BUYBACK on Saturday April 30 2016 10am-11am CET  (Read 20935 times)

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Offline JonnyB

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this is the link we were given   https://bitshares.openledger.info/#/market/METAFEES_METAEX.BTC

There are no buy orders at all there at the moment?
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Offline Shentist

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every information you find https://bitsharestalk.org/index.php/topic,20150.msg259135.html#msg259135

I assume you will increase the price of the METAFEES your selling according to the price you buy during the buyback?

no we are not, because the buyback will happen in one spot.

where's this buyback then?


i am not sure what you mean?

Offline Akado

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I assume you will increase the price of the METAFEES your selling according to the price you buy during the buyback?
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Offline JonnyB

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I run the @bitshares twitter handle
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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?

Any luck with getting this pair to show up in the lightwallet (however that is done)?

sorry, i don't think so. It was in a prior version possible but somehow this bug got included.

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.

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

Any luck with getting this pair to show up in the lightwallet (however that is done)?

« Last Edit: November 23, 2015, 06:47:26 pm by Tuck Fheman »

Offline Shentist

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20% is done, hopefully, the Bitcointalk announcement will speed things up

we do not need to sell every METAFEES to make the fundraiser a success. We put 200 BTC in place, because it is at the moment the maximum in liquidity we need for the next months. So if the business
is increasing and we are adding more markets the fees will increase and the METAFEE holders will be happy. We are not planing to raise not needed liquidity.

First - every sold METAFEES will increase our liquidity , so will help to make more transactions
Second - not sold maximum means more fees for the existing METAFEES


Offline Akado

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20% is done, hopefully, the Bitcointalk announcement will speed things up
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Offline Shentist

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Offline JonnyB

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Are you doing a mumble session at 8pm cet today?
I run the @bitshares twitter handle
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Offline Shentist

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How is doing the fund raiser?

hi rgcrypto

you can see the progress here http://cryptofresh.com/a/METAFEES and here https://metaexchange.info/invest

to see the total sold METAFEES you have to count the liquiditypool before (2000 METAFEES) and the not sold METAFESS on the bitshares blockchain of 1360 METAFEES. So we sold till now 2200 METAFEES and got coins in BTS, BTC, NXT, ETH worth 44 BTC. So the liquidity in the moment to run our markets are doubled from before the fundraiser, so we are pleased with the result.

We will market the fundraiser after monday also to the other crypto communities. The fundraiser continous for more then 30 days, so we expect to get more funds, after market to the other communities.

Offline rgcrypto

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Offline Akado

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to give a feeling how much buyback we have - we are transfering each month between 300-600 BTC in value and charging 0.3 % transaction fee.

Thanks. I've just asked because I'm curious but I honestly don't know the best way to conduct this. Maybe it's better like it was mentioned and not give too much details as to avoid manipulation.
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Offline Shentist

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to give a feeling how much buyback we have - we are transfering each month between 300-600 BTC in value and charging 0.3 % transaction fee.

Offline Shentist

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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.

thanks for the input!

we are not sure how to do it, so we have our opinions on this, but with feedback some rules can change. The reason why we not posted the amount in advance is the possible manipulation.