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Topic: ANN: ELIXIR (ELIX) Crowdfunding and E-Commerce With Token Rewards - page 102. (Read 172854 times)

full member
Activity: 252
Merit: 100
What if I sold?
Coinmarketcap says Circulating Supply 2,513,749 ELIX, while elixirtoken.io/ 10,288,786 Elixir in Circulation so which one is correct?

So does it mean the market cap should be 4 times bigger?

If the Circulating Supply increases quickly, tokens' price will be suppressed a lot.

Depends on the demand.
By now a lot of people are aware of Elix potential and looking for a nice entry.
With the increased amount of tokens to be traded comes an increased demand as well. Once the dumpers left the way is paved to move up in price to $0.50 at years end (probably higher)
sr. member
Activity: 812
Merit: 256
elixirtoken.io is number from the smart contract, coinmarketcap.com: this times in ELIX
but in http://elixirtoken.io/ : 10,358,074 Elixir in Circulation
I don''t know why?
sr. member
Activity: 1638
Merit: 364
Hey guys

I just want to understand everything correctly

If I cashout all my batch I will get 12 500 EXOR and then I can convert them to ELIX ?? I will have 12 500 ELIX..and the price is now at 0.05 $ so it means I will have around 600$ Huh  Grin Grin Grin Grin

IS MY MATHS CORRECT??!  Huh

Almost correct. Today's batch size is 1325 Exor, so you would get 13250 Exor. The longer you wait, the bigger the batches will be.

How do you calculate the batch size over time?

The formula is on the site and the WP I think. It will be 10k Exor/Elix per batch after 10 years. There's also a counter on the site that shows the current batch size.

Some times ago I read a TME contract: 5k is maximum. I think it's not changed in Elix.

You are right. I mixed up the numbers. It's 5k max.
hero member
Activity: 750
Merit: 511
Hey guys

I just want to understand everything correctly

If I cashout all my batch I will get 12 500 EXOR and then I can convert them to ELIX ?? I will have 12 500 ELIX..and the price is now at 0.05 $ so it means I will have around 600$ Huh  Grin Grin Grin Grin

IS MY MATHS CORRECT??!  Huh

Almost correct. Today's batch size is 1325 Exor, so you would get 13250 Exor. The longer you wait, the bigger the batches will be.

How do you calculate the batch size over time?

The formula is on the site and the WP I think. It will be 10k Exor/Elix per batch after 10 years. There's also a counter on the site that shows the current batch size.

Some times ago I read a TME contract: 5k is maximum. I think it's not changed in Elix.
sr. member
Activity: 1638
Merit: 364
Hey guys

I just want to understand everything correctly

If I cashout all my batch I will get 12 500 EXOR and then I can convert them to ELIX ?? I will have 12 500 ELIX..and the price is now at 0.05 $ so it means I will have around 600$ Huh  Grin Grin Grin Grin

IS MY MATHS CORRECT??!  Huh

Almost correct. Today's batch size is 1325 Exor, so you would get 13250 Exor. The longer you wait, the bigger the batches will be.

How do you calculate the batch size over time?

The formula is on the site and the WP I think. It will be 10k Exor/Elix per batch after 10 years. There's also a counter on the site that shows the current batch size.
member
Activity: 130
Merit: 11
Coinmarketcap says Circulating Supply 2,513,749 ELIX, while elixirtoken.io/ 10,288,786 Elixir in Circulation so which one is correct?

So does it mean the market cap should be 4 times bigger?

If the Circulating Supply increases quickly, tokens' price will be suppressed a lot.
sr. member
Activity: 720
Merit: 271
Regardless of the updates on the new ELIX mobile lending app in a few days, there's an interesting coin dynamic happening within the trading environment on CoinExchange.io which is cooling off after some good trading success during end of August and through September 2017.  

It's Bitquence BQX, at time of writing on CoinExchange it's value is 16200+ approx Satoshis and cooling down from 6th Position Top 10 Volume.

If you look at the trade volume and activity of BQX around the 7 August 2017, it was hovering around 1500 sats or similar to the value ELIX is now (around 1300 sats) before it went parabolic to mid 20k's with a much, much larger circulating supply and total supply than ELIX.

Circulating supply is 71M approx, with a Total Supply of 222M.

It doesn't matter how good a coin is with its platform or features, all coins have to correct and cool down for a while after hard trading.

Elix with a low circulating supply and total supply by comparison and is only just warming up through what may be a growing Month of initial introduction activity on CoinExchange.IO.

I think traders will take a serious look at the low price and supply of ELIX over the next 7-days if ELIX volume remains stable above 15btc - 20btc daily.

I was about to say something similiar.

It seems that Coinexchange has a bit more P&D activities than other exchanges, which happened to other coins like ETHD, RUP, NTO and so on the last days.

It's a matter of time when it's ELIX turn. The difference to most of the other coins is, that ELIX shows a reliable base to grow on.

full member
Activity: 252
Merit: 100
What if I sold?
Hey guys

I just want to understand everything correctly

If I cashout all my batch I will get 12 500 EXOR and then I can convert them to ELIX ?? I will have 12 500 ELIX..and the price is now at 0.05 $ so it means I will have around 600$ Huh  Grin Grin Grin Grin

IS MY MATHS CORRECT??!  Huh

Almost correct. Today's batch size is 1325 Exor, so you would get 13250 Exor. The longer you wait, the bigger the batches will be.

How do you calculate the batch size over time?
sr. member
Activity: 1638
Merit: 364
Coinmarketcap says Circulating Supply 2,513,749 ELIX, while elixirtoken.io/ 10,288,786 Elixir in Circulation so which one is correct?

I believe the counter on elixirtoken.io is correct as it pulls the number from the smart contract.
Ok do you have idea of what the rate of inflation is?

There is no fixed rate. Whenever people create a batch on their genesis pairs the supply increases. There are 4113 genesis pairs. Each pair can create only 10 batches. The batch size increases every day so you can't really calculate exactly what the total supply will be.

However, we can play around with numbers a bit. There are 10 million coins currently. If we assume that all these coins were created when one batch created 1300 Exor/Elix then 769 genesis pairs have already been depleted.

Keep in mind that when the lending goes live there will be rewards involved for paying back the loans. These rewards will probably come from untouched gen pairs the dev holds and has reserved for this purpose.
newbie
Activity: 14
Merit: 0
Total supply growing fast the last days.
I hope some of them get dumped, I want some more Elix at 1000 sat or below.

today I can see only pump and dump traders. the price could be very fragile, be careful.
sr. member
Activity: 506
Merit: 250
Coinmarketcap says Circulating Supply 2,513,749 ELIX, while elixirtoken.io/ 10,288,786 Elixir in Circulation so which one is correct?

I believe the counter on elixirtoken.io is correct as it pulls the number from the smart contract.
Ok do you have idea of what the rate of inflation is?
sr. member
Activity: 1638
Merit: 364
Coinmarketcap says Circulating Supply 2,513,749 ELIX, while elixirtoken.io/ 10,288,786 Elixir in Circulation so which one is correct?

I believe the counter on elixirtoken.io is correct as it pulls the number from the smart contract.
sr. member
Activity: 506
Merit: 250
Coinmarketcap says Circulating Supply 2,513,749 ELIX, while elixirtoken.io/ 10,288,786 Elixir in Circulation so which one is correct?
sr. member
Activity: 1638
Merit: 364
Hey guys

I just want to understand everything correctly

If I cashout all my batch I will get 12 500 EXOR and then I can convert them to ELIX ?? I will have 12 500 ELIX..and the price is now at 0.05 $ so it means I will have around 600$ Huh  Grin Grin Grin Grin

IS MY MATHS CORRECT??!  Huh

Almost correct. Today's batch size is 1325 Exor, so you would get 13250 Exor. The longer you wait, the bigger the batches will be.
sr. member
Activity: 574
Merit: 259
Deal Coin - P2P Lending Eco-system
Hey guys

I just want to understand everything correctly

If I cashout all my batch I will get 12 500 EXOR and then I can convert them to ELIX ?? I will have 12 500 ELIX..and the price is now at 0.05 $ so it means I will have around 600$ Huh  Grin Grin Grin Grin

IS MY MATHS CORRECT??!  Huh
newbie
Activity: 14
Merit: 0
Regardless of the updates on the new ELIX mobile lending app in a few days, there's an interesting coin dynamic happening within the trading environment on CoinExchange.io which is cooling off after some good trading success during end of August and through September 2017.  

It's Bitquence BQX, at time of writing on CoinExchange it's value is 16200+ approx Satoshis and cooling down from 6th Position Top 10 Volume.

If you look at the trade volume and activity of BQX around the 7 August 2017, it was hovering around 1500 sats or similar to the value ELIX is now (around 1300 sats) before it went parabolic to mid 20k's with a much, much larger circulating supply and total supply than ELIX.

Circulating supply is 71M approx, with a Total Supply of 222M.

It doesn't matter how good a coin is with its platform or features, all coins have to correct and cool down for a while after hard trading.

Elix with a low circulating supply and total supply by comparison and is only just warming up through what may be a growing Month of initial introduction activity on CoinExchange.IO.

I think traders will take a serious look at the low price and supply of ELIX over the next 7-days if ELIX volume remains stable above 15btc - 20btc daily.

+1

already see small fishes trying to manipulate the order book, pay attention Smiley
full member
Activity: 420
Merit: 100
ELIXIR TOKEN
I think there is a bug on the website regarding the circulating supply. It shows "0". I'm using a MacBook with safari. Can check if it shows same bug with other browsers. Here is a picture:

https://imgur.com/gallery/hjSA0

Okay its working fine again. I checked with other browsers, they did well. Than checked again with safari and it now shows 10,288,768 circulating supply.
full member
Activity: 420
Merit: 100
ELIXIR TOKEN
I think there is a bug on the website regarding the circulating supply. It shows "0". I'm using a MacBook with safari. Can check if it shows same bug with other browsers. Here is a picture:

https://imgur.com/gallery/hjSA0
full member
Activity: 131
Merit: 100
Can someone please help me with my question?

Thank you!

I have a question, the answer on which I didn't find.

Do I understand it correctly, that if I need some fiat money (USD, EUR etc), I will need to borrow ELIX, then send it to any exchange which accepts it, then exchange it to BTC or ETH, and then withdraw to USD? And when I need to pa back my debts, I will just top up my account, buy ELIX and send it back to the lender?

Please, correct me if I'm wrong.

Thank you!
full member
Activity: 167
Merit: 100
The Matrix lost my mind through the cracks!
Regardless of the updates on the new ELIX mobile lending app in a few days, there's an interesting coin dynamic happening within the trading environment on CoinExchange.io which is cooling off after some good trading success during end of August and through September 2017.  

It's Bitquence BQX, at time of writing on CoinExchange it's value is 16200+ approx Satoshis and cooling down from 6th Position Top 10 Volume.

If you look at the trade volume and activity of BQX around the 7 August 2017, it was hovering around 1500 sats or similar to the value ELIX is now (around 1300 sats) before it went parabolic to mid 20k's with a much, much larger circulating supply and total supply than ELIX.

Circulating supply is 71M approx, with a Total Supply of 222M.

It doesn't matter how good a coin is with its platform or features, all coins have to correct and cool down for a while after hard trading.

Elix with a low circulating supply and total supply by comparison and is only just warming up through what may be a growing Month of initial introduction activity on CoinExchange.IO.

I think traders will take a serious look at the low price and supply of ELIX over the next 7-days if ELIX volume remains stable above 15btc - 20btc daily.
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