Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitland - ICO - Decentralized Land Registry
by
BogdanCo
on 15/02/2017, 22:12:37 UTC



From the fresh desk of Mr. "2 fucking masters degrees" Bates, this is an answer at a question from somebody addressed to his Whitepaper, but, according to Mr. Bates if you didn't read the whitepaper then you don't understand anything about cryptocurrency and how Bitland works.

"...  we have been buying and selling the tokens on the open market in the form of controlled buybacks and controlled sells. This is true for every "crypto token"= the market value technically has nothing to do with anything the company is doing.

Now, we are always going to be buying the token back off the market when the company takes in profits, however, if you look at the history of "businesses", 90%(ish) of businesses fail in the first year due to cash flow problems..."



Correction: "I've sold all the tokens at a 0,0004 $ so I can buy some women"
And you're right Bitland also failed in the first year thanks to you.



".... Well, if the community just sits on the token and doesn't trade, then yes...they kill the token eventually. The market needs the "holders" to "trade" the tokens."

Typically Mr. Bates: "I blame the community for killing this project!"