Quote from: Firefoxx on August 02, 2019, 06:29:00 PM

Quote from: joseyphil82 on July 12, 2019, 02:57:06 PM

The buyback mechanism really have good effect on dumpers trying to dump their tokens ,lately two projects I promoted started buying back their own token from bounty hunters or big whales who wants to sell off and move on ,the first project is miracle tele project and the buyback is already on going ,the second one is about to start and the name is CHELLE Coin, buying back tokens is a brilliant idea what do you guys think?

yes that's true, but why some team don't do a buy back is because they don't have the money to do a buy back. They must have lied that they raised money when they actually didn't and the token prices on exchanges keeps looking bad

Buyback model tokens are not going to make a great return on the investment and the lack of the funds is not the reason teams don't want to apply this. They lie to the investors and bounty hunters but the price is not going up after completing their promise regarding the buyback.