Post
Topic
Board Tokens (Altcoins)
Re: 🌟🌟🌟🚀[ANN][04.07] ICO Starta - Cross-Coin Venture capital on the blockchain🌟
by
xiangbobotadie
on 06/01/2019, 04:02:27 UTC
Hi, my friends, I set it at Sta/ $30Sell my tokens, it might be worth Sta/$500Sta/this may take longer
Most shilling post, visable acent with broken english. You set shit, don't listen to posts like this.
I did set up a $30 bill because I thought it was worth it, and you could sell your token for less than $1, but you didn't have to attack me.

Calm down guys.
Even if @xiangbobotadie is only speculating, he have right to do that.

Anyway, it is good to explain (to those who don't get it), that success of this project does not depend on the price at which the buyback will be made, but from development of startups that are in Starta portfolio. I will try to explain it to you, in two lessons.

Lesson first:

The most imortant is that after each buyback tokens are burned.
Lets take as an example that in buyback #4 will be $100k

Situation 1 when the price is $0.50
100000/0.5=200k tokens - this amount is burned

Situation 2 when the price is $2
100000/2=50k tokens - this amount is burned

So which price is better for buyback? When total supply decreses more, or when price is going up?

Answer to this question is your homework for weekend my friends Wink

Lol! a very fine basic mathematical illustration of the whole buyback scenario you have presented to us, but in this case it boils down to what the investors are more interested in i suppose, now with the above explanation,

situation 1, at $0.5/ 200k tokens will be bought back and get burnt forever and out of the circulating supply, which bring supply to be less and probably can trigger price a bit,

situation 2, well sellers can sell at $2/ only 50k tokens will be bought back and circulating supply will only reduce a bit, but what is more important to investors? low circulating supply at 0.5 or not so low circulating supply at $2? Wink
which would you go for?


I am waiting for the answers of other users. I count on interesting explanations of statements..  Cheesy
I will answer this question on Monday. And I think my answer will surprise you a bit.. Wink
Assume 4 million sta tokens were destroyed by a team buyback under $0.5, so the remaining 1 million holders chose to set their orders at $500,What would happen ... now it seems thatWill the team live up to its promises?I choose to believe in them.