Hi, my friends, I set it at Sta/ $30Sell my tokens, it might be worth Sta/$500Sta/this may take longer
Most shilling post, visable acent with broken english. You set shit, don't listen to posts like this.
I did set up a $30 bill because I thought it was worth it, and you could sell your token for less than $1, but you didn't have to attack me.
Calm down guys.
Even if @xiangbobotadie is only speculating, he have right to do that.
Anyway, it is good to explain (to those who don't get it), that success of this project does not depend on the price at which the buyback will be made, but from development of startups that are in Starta portfolio. I will try to explain it to you, in two lessons.
Lesson first:
The most imortant is that after each buyback tokens are burned.
Lets take as an example that in buyback #4 will be $100k
Situation 1 when the price is $0.50
100000/0.5=
200k tokens - this amount is burned
Situation 2 when the price is $2
100000/2=
50k tokens - this amount is burned
So which price is better for buyback? When total supply decreses more, or when price is going up?
Answer to this question is your homework for weekend my friends
Lol! a very fine basic mathematical illustration of the whole buyback scenario you have presented to us, but in this case it boils down to what the investors are more interested in i suppose, now with the above explanation,
situation 1, at
$0.5/ 200k tokens will be bought back and get burnt forever and out of the circulating supply, which bring supply to be less and probably can trigger price a bit,
situation 2, well sellers can sell at
$2/ only 50k tokens will be bought back and circulating supply will only reduce a bit, but what is more important to investors? low circulating supply at
0.5 or not so low circulating supply at
$2?
which would you go for?
Actually only you came with some answer here.
Sorry, for delay, but I decided to wait to the end of buyback #3.
Earlier, I wanted to answer that it does not matter at what price the tokens will be bought back, because it really depends on the success of startups supported by the Starta accelerator. However, if we want to earn big money on STA, it is definitely better if at this stage the buyback will be held at the lowest possible price. Simply, the more tokens is collected and burned now, the faster their price will rise in the future. In other words, tokens will stay only in hands of real believers and they will not sell them for $1 or $5.. i belive it can be even $50 or more..
Dear Starta backers,
We would like to draw your attention to the information about the completion of the buyback # 3 program.
The total number of purchased STA tokens was 179 483.25, which is 100% aimed at buying back funds. These tokens were successfully burned, which is confirmed by data on the total supply from open sources.
Yours faithfully,
The Cross Coin Team
Thank you for update! Congratulations on your next successful buyback! We all wait for more!