Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..
They buy from the market, so from offers that are opened. How you want make buyback with price higher than on the market?
Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..
I doubt that they will ever buy at ICO price.
What will they do with the tokens that they buy during the buyback? Will they burn it or sell it later?
It all depends from token owners, if they want sell tokens with loss, there is nothing what developers can do with that.
They burn tokens, so after every buyback total supply is lower.
Yes this is very true, the starta team can only buy at what price is offer in the market, any seller want to sell at high price of $1 -$2 can just set the sell order and wait if it will sell, maybe once the team buy all low sell order then all sellers can place high sell order. It is sellers fault who sell at cheap price.