[ANN] Sociall - a secure and private decentralised social network for all - page 17.

zilions

full member

Activity: 196

Merit: 100

Quote from: oisilener1982 on October 10, 2017, 09:21:46 PM

Quote from: zilions on October 10, 2017, 08:17:30 PM

We have some exciting news to share with you all regarding a new partnership and some small changes to the buy-back program

https://medium.com/@nexus.social/development-update-009-gladius-partnership-buy-back-changes-8567eaa05fa9

What do you mean by "If the price of SCL rises dramatically during this period, we may have to reduce our position to stop the spend of the buy-back exceeding $800,000 USD equivalent in ETH/BTC"?

IF the price increased to 1 USD you will stop the buyback program? or Still a total of 800k worth of SCL would be bought but at lower price?
Does it mean that a total of 800K USD equivalent in BTC would be spent no matter what the price or will you stop the buyback if the target price of 1USD per SCL is reached?

Do we also have a rough estimate like 1 month or 2 months for the listing to the major exchange? I need this info because I am actively trading. THx

Our budget for the buy-back program is approximate $800k USD. At the current price of SCL, purchasing back 5% will cost us 835,701*0.238507 = $199,320.54 USD in equivalent of ETH and/or BTC.

But if the price rose to $1 or more, then that would cost us substantially more than $800k USD. So the buy-back program will stop once we spend $800k USD, or once we have 5% of SCL in our hands.

We have no ETA for major exchange listing. Once we do it will be announced via our blog on Medium.

Hope that clears things up.

oisilener1982

full member

Activity: 280

Merit: 100

Quote from: zilions on October 10, 2017, 08:17:30 PM

We have some exciting news to share with you all regarding a new partnership and some small changes to the buy-back program

https://medium.com/@nexus.social/development-update-009-gladius-partnership-buy-back-changes-8567eaa05fa9

What do you mean by "If the price of SCL rises dramatically during this period, we may have to reduce our position to stop the spend of the buy-back exceeding $800,000 USD equivalent in ETH/BTC"?

IF the price increased to 1 USD you will stop the buyback program? or Still a total of 800k worth of SCL would be bought but at lower price?
Does it mean that a total of 800K USD equivalent in BTC would be spent no matter what the price or will you stop the buyback if the target price of 1USD per SCL is reached?

Do we also have a rough estimate like 1 month or 2 months for the listing to the major exchange? I need this info because I am actively trading. THx

HarveyDent1101

newbie

Activity: 9

Merit: 0

Should hold SCL as much as possible. Thanks to @DEV

zilions

full member

Activity: 196

Merit: 100

We have some exciting news to share with you all regarding a new partnership and some small changes to the buy-back program

https://medium.com/@nexus.social/development-update-009-gladius-partnership-buy-back-changes-8567eaa05fa9

oisilener1982

full member

Activity: 280

Merit: 100

Quote from: DGRIMALDI on October 10, 2017, 11:25:02 AM

soon to go to criptopia, then bittrex and there its profit, great project paciencia

Bittrex rarely adds new coin. Only ADA and BTC Cash are added in the last 3 months.

HitBTC is ok

DGRIMALDI

newbie

Activity: 21

Merit: 0

soon to go to criptopia, then bittrex and there its profit, great project paciencia

Opurum

full member

Activity: 306

Merit: 102

Just another random pre satoshi crypto freak

Almost every coin in the market but Bitcoin is going down. The reason is because Bitcoin plans yet another fork to Bitcoin Gold come November 1. So investors are dumping their other coins into the market for Bitcoin in anticipatiom of a repeat of what played out last August during the Bitcoin Cash fork. Bitcoin holders would gain free Bitcoin Gold equal the amount of Bitcoin in ther wallets and even gain more as the new coin takes a usual early climb.

When Bitcoin sneeze, every other coin tremble!

oisilener1982

full member

Activity: 280

Merit: 100

Quote from: HarveyDent1101 on October 10, 2017, 02:25:33 AM

Since we've invested SCL more than 1 month ago, never see the excess of price over 0.6$. But this time the key is patience.

It already exceeded 0.6 USD. You are just not there 1st day @ CoinExchange

HarveyDent1101

newbie

Activity: 9

Merit: 0

Since we've invested SCL more than 1 month ago, never see the excess of price over 0.6$. But this time the key is patience.

Transformers

full member

Activity: 310

Merit: 100

Quote from: oisilener1982 on October 10, 2017, 01:04:45 AM

Quote from: phucbot93 on October 09, 2017, 11:15:19 PM

now it is 0.17$ now. I cannot understand why it can decrease like that ? Do devs have any solution for ít? i see that we have some news but it cannot make the price increase.

Research more about BITCOIN FORK. Almost ALL alt coins are down

BTW --- CoinExchange is having some trouble again

www.coinexchange.io - Connection failed
Error code 20
The proxy failed to connect to the web server, due to TCP connection timeout.
2017-10-10 06:08:07 UTC
Your IP|Proxy IP45.60.44.219(ID 1084)Origin Server IPX.X.X.3
Powered by Incapsula

SCL should be considered to trade at HitBTC , Bittrex ,... for the stable exchange & boost the volume

oisilener1982

full member

Activity: 280

Merit: 100

Do we have to worry about CoinExchange.io? They are having this ERROR Code 20 and my SCL Coins are mostly there.

Last week they have this error and was fixed after a few hours. It is happening again right now

The Error code 20 is a timeout connection error, which indicates that Incapsula was not able to connect to the origin server. As a result the user will see an Error code 20.
This problem may happen due to these reasons:
The Incapsula IPs are not whitelisted on the origin server or firewall, as a result that a server or firewall may block or perform a rate limiting on the Incapsula IPs. Please read this article for more information.
The server is malfunctioning and dropping requests.
The origin server is taking too long to respond to the request.
There’s a local issue with an upstream provider.
There are network issues between Incapsula and the origin server. You may monitor the Incapsula network here.

oisilener1982

full member

Activity: 280

Merit: 100

Quote from: phucbot93 on October 09, 2017, 11:15:19 PM

now it is 0.17$ now. I cannot understand why it can decrease like that ? Do devs have any solution for ít? i see that we have some news but it cannot make the price increase.

Research more about BITCOIN FORK. Almost ALL alt coins are down

BTW --- CoinExchange is having some trouble again

www.coinexchange.io - Connection failed
Error code 20
The proxy failed to connect to the web server, due to TCP connection timeout.
2017-10-10 06:08:07 UTC
Your IP|Proxy IP45.60.44.219(ID 1084)Origin Server IPX.X.X.3
Powered by Incapsula

phucbot93

full member

Activity: 201

Merit: 100

now it is 0.17$ now. I cannot understand why it can decrease like that ? Do devs have any solution for ít? i see that we have some news but it cannot make the price increase.

zilions

full member

Activity: 196

Merit: 100

Quote from: oisilener1982 on October 09, 2017, 04:36:52 PM

@DEVS How is it possible to have another coin with SCL as the name?

https://etherscan.io/token/0xab7862d19ebd72a2f10d664186102d77c6d4a1e8

TokenTracker Summary
Total Supply:   20,001 SCL
Value per Token:   $0.00
Token Holders:   4 addresses
No.Of.Transfers:    9
    Reputation UNKNOWN
Contract Address:   0xab7862d19ebd72a2f10d664186102d77c6d4a1e8
Token Decimals:    8

Anyone can make a coin with the same ticker code. For example, I could quickly do up a token contract with the ticker of "ETH" if I really wanted to.
The difference is that our SCL is verified and we have reserved that ticker code. If anyone else wanted to verify their token with Etherscan with the ticker of "SCL" it would get rejected since it already exists.

oisilener1982

full member

Activity: 280

Merit: 100

@DEVS How is it possible to have another coin with SCL as the name?

https://etherscan.io/token/0xab7862d19ebd72a2f10d664186102d77c6d4a1e8

TokenTracker Summary
Total Supply:   20,001 SCL
Value per Token:   $0.00
Token Holders:   4 addresses
No.Of.Transfers:    9
    Reputation UNKNOWN
Contract Address:   0xab7862d19ebd72a2f10d664186102d77c6d4a1e8
Token Decimals:    8

oisilener1982

full member

Activity: 280

Merit: 100

The price is just dictated by the Market. Devs got nothing to do with it.
They can only dictate the price if they own like 10-50 percent of the supply.
DEVS of SCL got nothing

How did I know? I actively Trade

Here is the Top 10 Holders or SCL and they are the one that can control the Price of SCL. If they dump then price will defnitely go down. IF hey HODL it will go UP
They are not showing any movement. The price is just dictated by the BTC FOrk. Most are selling alt coins for BTC coz they want the FREE Airdrop

Rank   Address   Quantity   Percentage
1   0x9c581a60b61028d934167929b22d70b313c34fd0   2649266.10709   15.8506%
2   0xeca935f795af72529d61b02113b60c19c5f4fdd7    601000   3.5958%
3   0x44cb3e93757202164e03e43827fedeeb9bbb143c   538397.58085339   3.2212%
4   0x7ec5975dba8dabfbfcffa8d89147a88f1996f754    397326.6983023   2.3772%
5   0xdbb07b16ea12fc6345753d9e6f5bd4c7f4b883b7   379386   2.2699%
6   0x83e837ba824c32c238b69928efd6f2778d3026a9   350000   2.0941%
7   0x8d12a197cb00d4747a1fe03395095ce2a5cc6819   340661.53294225   2.0382%
8   0x4b01721f0244e7c5b5f63c20942850e447f5a5ee   291302.81103132   1.7429%
9   0xd4ebc4b86119a563c7027b5cbd92c6beb0b4d414   234366   1.4022%
10   0xac755ded61f85c60e63d420a0dbfba753e6fc494   231222.000002   1.3834%

Opurum

full member

Activity: 306

Merit: 102

Just another random pre satoshi crypto freak

Quote from: Transformers on October 09, 2017, 11:28:41 AM

Quote from: DGRIMALDI on October 09, 2017, 10:39:18 AM

We need a big exchange for SCL and them to the moon!!!! Wink

big project big future Grin

Maybe the SCL's owners don't want its price increase, they just choose small exchanges, all people are selling SCL now
Big project but the price dumps --> no meaning...

Agreed. Perhaps because of the buyback policy. Could it be they want to buy back at low prices. That means more coins for devs at small prices.

Transformers

full member

Activity: 310

Merit: 100

Quote from: DGRIMALDI on October 09, 2017, 10:39:18 AM

We need a big exchange for SCL and them to the moon!!!! Wink

big project big future Grin

Maybe the SCL's owners don't want its price increase, they just choose small exchanges, all people are selling SCL now
Big project but the price dumps --> no meaning...

DGRIMALDI

newbie

Activity: 21

Merit: 0

We need a big exchange for SCL and them to the moon!!!! Wink

big project big future Grin

oisilener1982

full member

Activity: 280

Merit: 100

EtherDelta is down for countries outside of US

Opera browser is working Fine
The key is to change the VPN Location to USA
Then we can Buy and Sell SCL

Topic: [ANN] Sociall - a secure and private decentralised social network for all - page 17. (Read 40039 times)