[ANN] SMAC - Accounts have been suspended project closed - page 11.

dadon

legendary

Activity: 1190

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Pecvniate obedivnt omnia.

Quote from: Penn.3D on May 31, 2015, 08:05:15 PM

Well next month's buyback will also be interesting because it will be the first month where buyback will be 15% of SMAC's income. After that it will stay at 15%, meaning after next month the buyback amount will gradually increase month after month.

I don't think people quite grasp how significant this is. If they did, they would not be selling right now.

Lucky for us they don't grasp it i say hahaha
SMAC has a bright future the good coins always take a while to be noticed.

Penn.3D

sr. member

Activity: 336

Merit: 250

Well next month's buyback will also be interesting because it will be the first month where buyback will be 15% of SMAC's income. After that it will stay at 15%, meaning after next month the buyback amount will gradually increase month after month.

I don't think people quite grasp how significant this is. If they did, they would not be selling right now.

dadon

legendary

Activity: 1190

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Pecvniate obedivnt omnia.

The buy back should take about 30k off bittrex that leaves around 30k left on the market Wink

next months buyback should be interesting..

dadon

legendary

Activity: 1190

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Pecvniate obedivnt omnia.

Quote from: Penn.3D on May 31, 2015, 07:07:35 PM

It's funny, when I first saw that people were starting to stack their sells so that they could have a piece of the devs marketbuy I was kind of pissed. But then I realized, it's actually GOOD that people are bidding the price down because the lower the selling price the more coins will be out of the hands of potential dumpers and into the hands of the dev team.

So go ahead and keep stacking those sells people! Let's get the price as low as possible so the devs get more coins off the market! Grin

HAHAHAH FUNNY SHIT BROTHER +1 WEAK HANDS ARE NOT WANTED HERE ! WE TAKING THIS BITCH TO THE MOON WITH OR WITHOUT YOU!

Penn.3D

sr. member

Activity: 336

Merit: 250

It's funny, when I first saw that people were starting to stack their sells so that they could have a piece of the devs marketbuy I was kind of pissed. But then I realized, it's actually GOOD that people are bidding the price down because the lower the selling price the more coins will be out of the hands of potential dumpers and into the hands of the dev team.

So go ahead and keep stacking those sells people! Let's get the price as low as possible so the devs get more coins off the market! Grin

wurstgelee

hero member

Activity: 840

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Quote from: SMAC-Media on May 31, 2015, 01:15:22 PM

Buyback will be executed today. Expect a newsletter in the coming days.

Great!

How much will it be?

Penn.3D

sr. member

Activity: 336

Merit: 250

Quote from: SMAC-Media on May 31, 2015, 01:15:22 PM

Buyback will be executed today. Expect a newsletter in the coming days.

SMAC = the best kept secret in crypto.

But not for long.....

SMAC-Media

member

Activity: 103

Merit: 10

Buyback will be executed today. Expect a newsletter in the coming days.

Penn.3D

sr. member

Activity: 336

Merit: 250

Well the buyback is scheduled for the end of the month (and since today is the last day of the month, that would obviously mean today) so I assume an update will be coming soon enough Wink

wurstgelee

hero member

Activity: 840

Merit: 500

Quote from: p3lonis on May 30, 2015, 12:02:24 PM

Quote from: wurstgelee on May 30, 2015, 08:44:48 AM

Soooo......any news? Total BTC amount for buyback? Marketplace go-live? Anything?

Everything was stated in the last newsletter. "As for this months monetization we are doing well, we expect the .25% buyback to be anywhere between 3.5 to 4.5 BTC depending on how well we do the rest of the month."

Hopefully they did a bit better towards the end of the month, but that is still a solid buyback for only a month. In regards to the marketplace, they said possible release in two weeks from the newsletter so I would think we will be seeing it in the next week or at least hear something about it.

I read all that but some update after 2 weeks of radio silence would be nice. Wink

p3lonis

newbie

Activity: 27

Merit: 0

Quote from: wurstgelee on May 30, 2015, 08:44:48 AM

Soooo......any news? Total BTC amount for buyback? Marketplace go-live? Anything?

Everything was stated in the last newsletter. "As for this months monetization we are doing well, we expect the .25% buyback to be anywhere between 3.5 to 4.5 BTC depending on how well we do the rest of the month."

Hopefully they did a bit better towards the end of the month, but that is still a solid buyback for only a month. In regards to the marketplace, they said possible release in two weeks from the newsletter so I would think we will be seeing it in the next week or at least hear something about it.

wurstgelee

hero member

Activity: 840

Merit: 500

Soooo......any news? Total BTC amount for buyback? Marketplace go-live? Anything?

Penn.3D

sr. member

Activity: 336

Merit: 250

Well I wouldn't say huge dump since the dumpers only got .4 bct or so, hehe. Definitely most hands here are strong.....that much is obvious!

Speaking of buybacks, the one to watch will be next months buyback, because that's when the buyback will be at 15%. The reason that's important is because it will STAY at 15% thereafter meaning next months buyback will be the lowest amount that it will ever be and then it should start steadily increasing every month after that!

dadon

legendary

Activity: 1190

Merit: 1002

Pecvniate obedivnt omnia.

wow someone is taking a huge dump on the market Roll Eyes

weak

but is ok.. i am strong Kiss

no dumpy dump from me Cool

Penn.3D

sr. member

Activity: 336

Merit: 250

It's funny, last night I saw those buy orders up to 11,500 sat and I honestly thought, "I bet someone is going to dump on those buy orders" and sure enough Tongue

SMAC is definitely not for impatient investors! LOL

wurstgelee

hero member

Activity: 840

Merit: 500

Quote from: Penn.3D on May 21, 2015, 05:08:30 PM

Thanks again wurstgelee. Just to be on the ABSOLUTELY safe side, I went ahead and added some volume myself. Now we are 100% safe!

Ha, easy.

Penn.3D

sr. member

Activity: 336

Merit: 250

Thanks again wurstgelee. Just to be on the ABSOLUTELY safe side, I went ahead and added some volume myself. Now we are 100% safe!

Penn.3D

sr. member

Activity: 336

Merit: 250

I agree dadon....that's why we are all holding so tight Wink

dadon

legendary

Activity: 1190

Merit: 1002

Pecvniate obedivnt omnia.

Quote from: wurstgelee on May 21, 2015, 07:32:21 AM

Quote from: Penn.3D on May 20, 2015, 03:58:04 PM

Yes but why are we allowing SMAC to get so close to being delisted? Like I said, wurstgelee, I REALLY appreciate what you have been doing and what you did today as far as putting up sells and buying them, but even with that .6 that wurstgelee put up today, we are really cutting it close.

Well, I provided some volume earlier this week, too - so that should have been sufficient with those .6.

Anyways, to ease everyone's mind: NOW we're definitely good until the next buy-back.

Yes i see that! great work and a few more for your stash mate.
We don't have a huge community yet, but we are pretty tight and strong handed from what i can see.
with the combination of SMACs market potential low coin count and strong hands we could see epic prices in the future.

wurstgelee

hero member

Activity: 840

Merit: 500

Quote from: Penn.3D on May 20, 2015, 03:58:04 PM

Yes but why are we allowing SMAC to get so close to being delisted? Like I said, wurstgelee, I REALLY appreciate what you have been doing and what you did today as far as putting up sells and buying them, but even with that .6 that wurstgelee put up today, we are really cutting it close.

Well, I provided some volume earlier this week, too - so that should have been sufficient with those .6.

Anyways, to ease everyone's mind: NOW we're definitely good until the next buy-back.

Topic: [ANN] SMAC - Accounts have been suspended project closed - page 11. (Read 65857 times)