Quote from: shapoy on October 13, 2017, 10:20:29 AM

600m tokens available, 40m tokens sold in the ico (circulating supply). They want to burn 520m, 80m still available.
-> 80m total supply, 40m circulating supply. So why should the price for a token increase? Because fomo?

supply and demand...the price was speculated with 600M coins in mind, now it is only 80M so people will speculate again for the right price.....imagine if bitcoin was made to become 210M instead of 21M max supply...will you still value it at 5k?...i think people will value it for 500+ per coin today.

Quote from: shapoy on October 13, 2017, 10:24:49 AM

Furthermore just 800 ETH raised, thats around 240'000.- what are they planning to do with that little amount?

you said 40M was sold and with 80M supply, 40M will remain as theirs...if the value soars they can sell some of thier stash for funding etc.

240k raised..this might be good, it means low marketcap......i remember when ETH was soaring really high and then LISK was created and percieved as another ETH, a lot of people bought in the ICO and the price of LISK did not soar, why?...if almost all people already bought, who will buy it from them? if few people bought, there are still many people who hadn't bought, they will buy them from the few.

note: i haven't researched your figures, i just assumed they were true.