[ANN] FLiK - page 55. | Bitcointalksearch.org

DHEIJN

newbie

Activity: 9

Merit: 0

Quote from: JCB44 on October 16, 2017, 02:09:02 PM

Quote from: DHEIJN on October 16, 2017, 12:52:03 PM

So why are there expectations the market cap will be the same after the burn? Are there similar cases where this occured?

This hype is not only about burn, their CEO announced that Flik gonna hit Binance soon + rumour that Mark Cuban buying a large share in a company and becoming co-owner

ok thx for letting me know, but that is no answer to my question. Why people expect the market cap to be the same?
would be awesome tho ;-)

Packers1985

full member

Activity: 364

Merit: 102

CHEERS

Quote from: JCB44 on October 16, 2017, 02:09:02 PM

Quote from: DHEIJN on October 16, 2017, 12:52:03 PM

So why are there expectations the market cap will be the same after the burn? Are there similar cases where this occured?

This hype is not only about burn, their CEO announced that Flik gonna hit Binance soon + rumour that Mark Cuban buying a large share in a company and becoming co-owner

If it is legit news then this is going to be great.

JCB44

full member

Activity: 462

Merit: 109

Quote from: DHEIJN on October 16, 2017, 12:52:03 PM

So why are there expectations the market cap will be the same after the burn? Are there similar cases where this occured?

This hype is not only about burn, their CEO announced that Flik gonna hit Binance soon + rumour that Mark Cuban buying a large share in a company and becoming co-owner

DHEIJN

newbie

Activity: 9

Merit: 0

So why are there expectations the market cap will be the same after the burn? Are there similar cases where this occured?

ksnhll

full member

Activity: 126

Merit: 100

The Cryptocurrency Investor

Quote from: digaran on October 15, 2017, 08:19:14 PM

Interesting project, let me make one thing clear, I AM A BEGGAR. so let me beg for bounties and translations before other facking beggars take my SPOTS.
Those 3 dudes in a picture are going to revolutionize this industry? it's like saying George Lucas created star treks all by himself. now it's time for a lol.

Why not ? There is not much coin like FLIK has "real" owner and team members. They have working company with FLIK using media stream and rent...etc projects. This man is founder/co-owner:

http://www.imdb.com/name/nm4130198/externalsites?ref_=nmbio_sa_3

digaran

copper member

Activity: 1330

Merit: 899

🖤😏

Interesting project, let me make one thing clear, I AM A BEGGAR. so let me beg for bounties and translations before other facking beggars take my SPOTS.
Those 3 dudes in a picture are going to revolutionize this industry? it's like saying George Lucas created star treks all by himself. now it's time for a lol.

ksnhll

full member

Activity: 126

Merit: 100

The Cryptocurrency Investor

Quote from: bossbit on October 15, 2017, 07:49:30 PM

where do you guys store your flik?

Now I am keeping on coinexchange.io to be able to do buy and sell as short . You can use any ERC20 compatible wallet to store.

bossbit

member

Activity: 68

Merit: 10

where do you guys store your flik?

ksnhll

full member

Activity: 126

Merit: 100

The Cryptocurrency Investor

Too close 3500 sats. Wow!

zee123

full member

Activity: 420

Merit: 100

Interesting to see how this pans out.

ksnhll

full member

Activity: 126

Merit: 100

The Cryptocurrency Investor

Quote from: Baelder on October 15, 2017, 05:39:34 PM

Quote from: VampiricElder on October 15, 2017, 05:20:56 PM

Quote from: Packers1985 on October 15, 2017, 05:15:26 PM

Quote from: VampiricElder on October 15, 2017, 04:43:40 PM

Quote from: Packers1985 on October 15, 2017, 04:29:25 PM

Quote from: VampiricElder on October 15, 2017, 04:02:01 PM

The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each

Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ?

I worked it out..

120,000,000 ÷ 600,000,000 = 18 cents

Then use the 18cent price for the burn

120,000,000 ÷ 80,000,000 = $1.50

Now imagine if Flik reaches 50 cents before the burn..

$300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close

I dont see anyone buying this after the burn. So do you think this value counts?

Yes because they have a roadmap, the price will keep going up from there

So what does it really mean to burn that much of them?
What will happen?

Burning means; coins are sent to an address that is guaranteed to have no known or discoverable private key, which means that those coins can never be used again.

Baelder

newbie

Activity: 2

Merit: 0

Quote from: VampiricElder on October 15, 2017, 05:20:56 PM

Quote from: Packers1985 on October 15, 2017, 05:15:26 PM

Quote from: VampiricElder on October 15, 2017, 04:43:40 PM

Quote from: Packers1985 on October 15, 2017, 04:29:25 PM

Quote from: VampiricElder on October 15, 2017, 04:02:01 PM

The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each

Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ?

I worked it out..

120,000,000 ÷ 600,000,000 = 18 cents

Then use the 18cent price for the burn

120,000,000 ÷ 80,000,000 = $1.50

Now imagine if Flik reaches 50 cents before the burn..

$300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close

I dont see anyone buying this after the burn. So do you think this value counts?

Yes because they have a roadmap, the price will keep going up from there

So what does it really mean to burn that much of them?
What will happen?

VampiricElder

hero member

Activity: 495

Merit: 500

Quote from: Packers1985 on October 15, 2017, 05:15:26 PM

Quote from: VampiricElder on October 15, 2017, 04:43:40 PM

Quote from: Packers1985 on October 15, 2017, 04:29:25 PM

Quote from: VampiricElder on October 15, 2017, 04:02:01 PM

The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each

Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ?

I worked it out..

120,000,000 ÷ 600,000,000 = 18 cents

Then use the 18cent price for the burn

120,000,000 ÷ 80,000,000 = $1.50

Now imagine if Flik reaches 50 cents before the burn..

$300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close

I dont see anyone buying this after the burn. So do you think this value counts?

Yes because they have a roadmap, the price will keep going up from there

Packers1985

full member

Activity: 364

Merit: 102

CHEERS

Quote from: VampiricElder on October 15, 2017, 04:43:40 PM

Quote from: Packers1985 on October 15, 2017, 04:29:25 PM

Quote from: VampiricElder on October 15, 2017, 04:02:01 PM

The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each

Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ?

I worked it out..

120,000,000 ÷ 600,000,000 = 18 cents

Then use the 18cent price for the burn

120,000,000 ÷ 80,000,000 = $1.50

Now imagine if Flik reaches 50 cents before the burn..

$300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close

I dont see anyone buying this after the burn. So do you think this value counts?

VampiricElder

hero member

Activity: 495

Merit: 500

Quote from: Packers1985 on October 15, 2017, 04:29:25 PM

Quote from: VampiricElder on October 15, 2017, 04:02:01 PM

The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each

Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ?

I worked it out..

120,000,000 ÷ 600,000,000 = 18 cents

Then use the 18cent price for the burn

120,000,000 ÷ 80,000,000 = $1.50

Now imagine if Flik reaches 50 cents before the burn..

$300,000,000 ÷ 80,000,000 = $3.70 per Flik, or something close

JCB44

full member

Activity: 462

Merit: 109

Quote from: Packers1985 on October 15, 2017, 04:29:25 PM

Quote from: VampiricElder on October 15, 2017, 04:02:01 PM

The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each

Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ?

I think he just multiplied current token supply (600Mil) x current price (~0.2$) = got 120M $ cap
Now divide this cap by 80Mil supply (after burn) = 1.5$/token

Some info can be found here - https://etherscan.io/token/0x17fd666fa0784885fa1afec8ac624d9b7e72b752

CheapVccSeller

full member

Activity: 197

Merit: 100

Road to $1 here we come might even reach $2 soon Wink

Packers1985

full member

Activity: 364

Merit: 102

CHEERS

Quote from: VampiricElder on October 15, 2017, 04:02:01 PM

The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each

Just curious where you got this market cap information from? The reason i asked this is that i only know coinmarketcap in which i currently see a ?

VampiricElder

hero member

Activity: 495

Merit: 500

The current market cap is roughly 120 million. If for example the burn happened today at the current rate, Flik would be roughly $1.50 each

JCB44

full member

Activity: 462

Merit: 109

Quote from: DHEIJN on October 15, 2017, 03:05:17 PM

So how are the coins going to be used in the application?
I've read that you can purchase or rent movies with the coins.
How is determined what the value of a coin is?

Let's say you can rent a movie with 1 coin. What if the next day the coin is worth 200%. Will the price of renting a movie be like 0.5 coin? If not, the coin would get a very stable price imo.

Also to who will the coins go when someone subscribes for 1 month to The Flik? Will it go to management or any other destination?

As far as I undestood you can purchase content or pay for subcribtion either with fiat or Flik tokens(this will be cheaper whan USD payments)

Topic: [ANN] FLiK - page 55. (Read 73186 times)