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Showing 3 of 3 results by D1o_to_the_moon_with_lamb
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Board Announcements (Altcoins)
Re: ⚡[ANN]⚡ ▐░Espers [ESP]░▌▐░PoW/PoS░▌▐░HMQ1725 Algo░▌ ▐░New Features░▌
by
D1o_to_the_moon_with_lamb
on 01/03/2019, 19:07:04 UTC
Quote from: othell_rogue on February 20, 2019, 08:12:53 PM
Quote from: bit010 on February 20, 2019, 04:14:00 PM
Quote from: othell_rogue on February 20, 2019, 08:57:53 AM
Just a question for the devs. Why the core devs have changed the block spacing from 45 sec what is used to be in the past to 5 min now. I remember everything was working good back in those days and since everyone wants fast tx I wonder what is the reason of this change. And why they choose 5 min instead of 2 min for example. Now you'll need to wait almost 1h for a tx to be confirmed by the network (10 confirmations) which is worst than Bitcoin one, which is 2 confirmations mostly. Thanks in advance for your answer! If any.

Go to the discord and ask this question there. The official team in discord.



OK, I will do this asap.
I just thought that is much more easier to get some answers in here since I don't think on discord the devs have time to answer everyone questions about everything in the chat and an AMA is pretty time consuming in my opinion. And of course here is much more official. Anyway I will try to join in there, but since is a chat app, I doubt the devs will read everyone posts, but I will give it a try.

On discord developers are answering ASAP, CryptoCoderz is very friendly and is on discord regularly and will usually answer all questions quite fast.

If you decide to use discord, you can paste the answer here for everybody to see.
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Topic
Board Tokens (Altcoins)
Re: [ANN][tokens] Next generation cryptocurrency trading platform
by
D1o_to_the_moon_with_lamb
on 07/01/2018, 15:55:23 UTC
Quote from: Blue_Planet on January 07, 2018, 03:37:14 PM
The burning rate of the DTR tokens will be higher at the begging because at that time the price of the DTR token will be lower than after a certain amount of time. In general, the higher the value of the DTR token the lower amount of the DTR will be burned.

However, at the beginning, the daily turnover of the upcoming exchange TOKEN.NET will be lower than after a few months of trading in this exchange. Therefore, the increasing amount of daily turnover will be somehow compensated with the increasing value of the DTR token. However, I believe that the DTR value will increase with a highest rate than a turnover of the exchange. Therefore, the burning rate will decrease as the DTR token value will increase.

I expect that the price of the DTR token will be between $2 and $5 by the end of 2018.

Yes, I understand that price of DTR will increase with the exchange turnover.

But even if it takes very long time, if you keep burning tokens than eventually they ran out.

So in that the case, what happens when all the available tokens (available to purchase) are burnt, are they starting to burn our held tokens or they just stop burning tokens until the price is high enough for somebody to sell them the tokens?
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][tokens] Next generation cryptocurrency trading platform
by
D1o_to_the_moon_with_lamb
on 07/01/2018, 14:27:05 UTC
I have two quick questions about DTR, I assume they was already answered somewhere...

What happens if there are no DTR to buy?

Based on demand and supply rule this cannot happen. There will always be certain quantity of DTR offered by the Company.

How can this happen, if nobody wants to sell DTR coins, will there be our coins burnt?

Coinmarketcap states that 974,466,187 DTR are in circulating supply, on tokens.net the amount distributed it is said 1.5B DTR.

Which number is correct?

I assume, 1.5B DTR.


In that case the market cap is around 192 million USD with current price $0.128542.