Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Tamagucci | Nostalgia | Scrypt | Full PoC | Proof Of Care rewards!
by
drays
on 19/07/2015, 14:29:52 UTC
Quote from: bitspender on July 19, 2015, 02:05:02 PM
Quote from: PowerHemp on July 19, 2015, 01:51:00 PM
Quote from: bitspender on July 19, 2015, 12:17:31 PM
Quote from: Battareus on July 19, 2015, 12:11:39 PM
And when left (unsold) ICO coins will be burned?
C-cex support wrote what this coins in the dev wallet (~600k).

715.554 coins will be burned on the new chain.
334.446 TAM has been bought back by myself at 4500 satoshi each.


334.446 coins for what? how u can buy from yourself ico? u give yourself 15btc?

It's called a buy wall and it's in ccex rules.
At the end of ICO, dev get's the BTC in his account. Every dump into the buy wall gets deducted from that BTC

After the 7 day period of buyback by ccex, the dev get's whats left of the BTC, and the coins he bought back using that BTC.

According to the picture above, you sold 334,446 coins on ICO. Then bought back 333,552 TAM. So you have now as much TAM as you sold on ICO, and you bought from buy wall not the 50% of ICO as C-CEX requires, but about 99.3%. Are those numbers/calculations correct?