Post
Topic
Board Announcements (Altcoins)
Re: [ANN][NOXT] - NobleNXT Proposal/Whitepaper - Noble's 1st Colored Coin
by
ReserviorHunt
on 16/01/2015, 17:49:06 UTC
Since Jason is ignoring my pms, I will try my luck here  - maybe someone else can answer this.

Don't make me ask this in the thread,

You stated here
https://bitcointalk.org/index.php?topic=841741.msg10104739#msg10104739
"effective supply approximately 672,000."(that means 141btc were raised).

You stated here
https://bitcointalk.org/index.php?topic=402667.msg10109325#msg10109325
" So I've raised about 60 BTC" (that means that only ~ 285k should be left in circulation because no one paid for the rest or you bought them back).

You also stated that
"What I can say is I can already confirm 220,000 of 672,000 NOXT are in hands that will not be exiting the market any time soon"
"This effectively means only about 400,000 NOXT are currently available"
https://bitcointalk.org/index.php?topic=841741.msg10104739#msg10104739

And you also admitted via pm that only quarter of the noxt are in circulation (~250k).


So.... if you got only 60 btc, how come we have "220,000 of 672,000 NOXT are in hands that will not be exiting the market any time soon"
Who are those hands? did they pay for their noxt?
who is holding the rest? (~400k)? did those hands pay anything for those noxt or it is just being dumped on us right now for 25% ico price?

What are the correct numbers? and why didn't you burn the noxt you bought back?


I don't think this kind of making pressure is needed, pikatchu...

but Rofo: Why did you give people the possibility to sell you NOXT back?

Those buy walls on 41999 sat on polo represented rofo's good will in case people who bought in wanted a chance to reconsider their decision I believe. I would have suggested otherwise, but I consider it a gesture of consideration on rofo's part. Looking back at those now, I would have recommended no such step was necessary or obligated by rofo, but I suppose having been kind and gracious enough to offer a refund opportunity during the crowdfund phase is now a reason to doubt someone.

Have patience, and think long term. Smiley