Quote from: urp0k1911 on October 03, 2017, 09:01:10 PM

Quote from: turbulence on October 03, 2017, 08:32:12 PM

Quote from: urp0k1911 on October 03, 2017, 07:08:41 PM

BMC is up 15% just recently. The team has started to buy coins back at $0.8 couple of hours ago. There is 1.4 mil tokens bought back already (which is about 5% of the supply avalable). Coins that were bought back will be frozen for 24 months. Do you guys think that drop in BMC supply will increase its price to go higher than $1?

i also hope blackmoon does well since it's my biggest investment, but it's not correct that bought back tokens will be frozen for 24 months. the 24 months is the period in which they offer to buy the tokens back for 80% of ICO value (given that the funds set aside for that last that long, which is doubtful). the bought back tokens themselves can be sold at their discretion

This is not how I understood it. There is some confusion on BMC Telegram. On Monday guy named 'Daniel | Blackmoon Crypto' claimed 'Tokens become company's property and would be frozen for 'bout 24 months before eventual release' but today another guy named 'David Gonzales | Blackmoon Team' stated it is not correct. I will wait some more time to make a final conclusion about it.

Meanwhile BMC is up 25% and is traded for $0.9 at liqui

oleg seydak confirmed they can sell the bought back tokens. but yeah glad to see price moving