Ninjastic
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Board Tokens (Altcoins)
Re: [ANN] ICONOMI - Digital Assets Management Platform
by
Sharma
on 03/04/2017, 11:15:32 UTC
Quote from: zahra4577 on April 03, 2017, 10:52:24 AM
Quote from: XbladeX on April 03, 2017, 06:43:04 AM
Quote from: housebtc on April 03, 2017, 04:21:15 AM
Quote from: DomainMagnate on April 03, 2017, 12:48:05 AM
When will buyback happen? it is already 3rd April, will ICONOMI stick to their plan?

The announcement will only be made at the end of June, it is not for public consumption presently and also depends on the price of the tokens on the market because it will be stupid to be buying at the top

So we wait till 25k again for buying back with rissing BTC?
Maybe ICONOMI is behind this price fall.They want to burn as many ICN as possible with their allocated budget for buyback.
I guess this price fall is good from ICN holders point of view as well.
Less price means more icn bought back.More icn buyback means more burnt ICN.
More burnt ICN means less ICN.
Less ICN means higher value for available ICN Cheesy
In crypto you never know.This is one possibility you can not rule out.They would prefer price to touch down the ICO level before buyback.