
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!"
To be frank, we're witnessing a deranged lunatic here in the cryptocurrency space who shouldn't UNDER ANY CIRCUMSTANCES be allowed to speak at official functions expressing anything up to and including how to eat a honey badger's asshole.