Post
Topic
Board Announcements (Altcoins)
Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed.
by
pseudonymdude
on 13/08/2014, 08:25:36 UTC
 The valuation would go up if the investments they make generate money which would be paid at a greater rate per coin than if they did not burn any coins.


Yeah, but just remember whatever they pay for the buy wall means less money to use for investments. So it's probably no real net gain there. There would be a greater rate per coin, but less being invested to begin with, so less profit in the pools.

If it gets bad enough, then a buy wall can be used as sort of a last resort. I'd like them to try to stabilize the price using other means first though.

If they had an actual company with a proof of concept that actually worked, then you'd be making some sense, but they're going to use most of the funds to trade.  Well, right now, they have a fat 100% for 2 days work lying right in front of them.

It doesn't matter if they have less money.  They'll have more money per coin, understand?  With 500,000 coins, they now have 100 BTC or 2 BTC per 10,000 coins.  If they buy up half the coins for 25 BTC, they will then have 75 BTC and 250,000 coins or 3 BTC per 10,000 coins.

Do you get what I'm saying now?

edit: Had to change the numbers a bit.  I had it right initially, but then did something weird with the math while trying to simplify it so it was easier to visualize.