Post
Topic
Board Tokens (Altcoins)
Re: 🌟🌟🌟🚀[ANN][04.07] ICO Starta - Cross-Coin Venture capital on the blockchain🌟
by
cryptokyle
on 30/10/2017, 05:12:06 UTC
Any news about Cindicator buy back program? And when will be that? What about other projects invested by Starta? The price sucks, I need 1 usd to be back.

you are still in profit..
at the time of starta ico, bitcoin price was below 2500$
and currently bitcoin price is double.. so USD wise you are in profit

Sorry, but you are wrong.

At coinmarketcap the price is clearly converted directly into dollar value. At this moment it is $0.552969

https://coinmarketcap.com/currencies/starta/

So everyone who invested in the ICO lost at this point around $0.45 on each token.

so BTC wise, we suffer 80% loss?

If you purchased at the ICO stage, that is about right. And you can be sure impatient investors who sell now are basically giving their 5 million in capital and the value of their tokens currently straight to the pockets of Starta Holdings and potentially their friends and family as STA knows exactly when they will exit their positions and when buybacks will be performed. They know approximately the real book value of what the STA token encompasses and they can wait for the market to depress before buying in on their own positions before the rounds of buybacks start. Whether you like it or not, the crypto market is ripe for insider trading and impatient people will get slaughtered in a project that has crossover in real world businesses and companies.