Quote from: ai8000 on September 07, 2017, 06:46:29 PM

Quote from: gregb11 on September 07, 2017, 06:27:49 PM

Quote from: ai8000 on September 07, 2017, 05:48:14 PM

Remember that the Quantum Team's incentive is our incentive: QAU value to rise.

and just for the point of making conversation interesting......Is it really their incentive for QAU value to rise at this point? I mean greater price would mean they would have to spend more money on buybacks, isnt it? Or would bigger price bring more money for them for buybacks......just thinking....

Thought about it.
I think that if the QAU value rises then the liquidity pool value rises and that allows bigger earnings to be made through market making.
Now, since all QAUs value rises (QAUs in the liquidity pool & QAUs in exchanges), they need to spend more money to buyback the QAUs from the exchanges.
So if I'm right about the above, my question is: if the liquidity pool is bigger because QAU value rises, can they buyback more/less/same amount of QAUs from exchanges?

In my opinion it is not interesting how many QAU's are destroyed each month. It's more interested how much value is burned each month, and over the last few months it has been around $100k. Hopefully the yield from the liquidity pool will rise over time, but the amount of QAU's bought might go down. Still, that will translate into more value to the existing QAU's in circulation. Otherwise, if they keep the momentum with around 500k QAU burned each month, we'll run out of QAU in 13 years Wink