Post
Topic
Board Securities
Re: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012)
by
OgNasty
on 12/03/2021, 18:02:39 UTC
I might suggest using x dollars per month to repurchase seats and use them for giveaways.

I do really really like the idea!

One issue for seat holders is the lack of liquidity in the auctions. There is only a "sell side" but the buy side of the order book is missing.
Regular seat purchases would make the seat market more liquid.

Its like a stock buyback program: good for the remaining seat holders!

What to do with the seats that have been bought back is another question   Cool

I don’t think using our funds to manipulate the market is a good thing for anyone and nonnakip has stated he does not want to have fans depositing funds to hold on the site.

The market looks like there’s demand for seats.. There were just a couple hundred seats traded after being listed only a few days. The problem is that sellers are asking more than buyers want to pay. The current lowest priced seat is nearly double the price of the last sale. I would recommend potential sellers list their seats for sale closer to the last sale price if they want them to sell.