🌟🌟🌟🚀[ANN][04.07] ICO Starta - Cross-Coin Venture capital on the blockchain🌟 - page 13.

Notin2

sr. member

Activity: 630

Merit: 253

Quote from: o48o on January 14, 2019, 12:49:24 AM

When is the next buyback going to be and will they burn the tokens that have been bought back? I am guessing yes because how else it even would make any sense.

From the above post, it seems the buyback process is done every two to three days, and am sure they buy in smaller amount in other not to inflate the price rapidly, otherwise somehow price would have increase more than current price.
Am sure all starta tokens bought back will be burnt to reduce the current sta circulation, if not what is the point in the buyback program, anyways, it is good to have some sta for future keeps.

o48o

legendary

Activity: 3052

Merit: 1168

Leading Crypto Sports Betting & Casino Platform

When is the next buyback going to be and will they burn the tokens that have been bought back? I am guessing yes because how else it even would make any sense.

Texac

hero member

Activity: 2086

Merit: 513

DGbet.fun - Crypto Sportsbook

Quote from: kotwica666 on January 02, 2019, 02:14:32 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

They buy from the market, so from offers that are opened. How you want make buyback with price higher than on the market?

Quote from: studio1one on January 02, 2019, 12:26:54 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

I doubt that they will ever buy at ICO price.

What will they do with the tokens that they buy during the buyback? Will they burn it or sell it later?

It all depends from token owners, if they want sell tokens with loss, there is nothing what developers can do with that.
They burn tokens, so after every buyback total supply is lower.

Of course, why they will buy them at a higher price if they have the opportunity to buy at a lower price. It is good that the stock of tokens decreases.

D1jay

copper member

Activity: 294

Merit: 5

Quote from: aleandromagno on January 13, 2019, 09:18:09 AM

Quote from: gembira on January 07, 2019, 05:08:49 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

Where are they making buy-back? I still have some tokens since ICO and As I see price on CMC as $0,73. But I think its almost impossible to sell at this price as there is no volume?
They have some profit from platform already or why they making buy-back? (they must have funds for this) Huh

They have funds from promoted startups - check portfolio on their website.

The make buybacks on Waves exchange (inside platform) and on Tidex. They make buyback every two-three days, to don't extreamly pump and dump the price.

i see the reason why the price don't pump even for a tiny bit, i think they buy in very little portion every few days, at least price is stable even if no noticeable increase, i actually thought we would see at least ico price of 1$,
still it is good that buyback is in progress

aleandromagno

legendary

Activity: 1323

Merit: 1000

Quote from: gembira on January 07, 2019, 05:08:49 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

Where are they making buy-back? I still have some tokens since ICO and As I see price on CMC as $0,73. But I think its almost impossible to sell at this price as there is no volume?
They have some profit from platform already or why they making buy-back? (they must have funds for this) Huh

They have funds from promoted startups - check portfolio on their website.

The make buybacks on Waves exchange (inside platform) and on Tidex. They make buyback every two-three days, to don't extreamly pump and dump the price.

gembira

hero member

Activity: 1610

Merit: 508

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

Where are they making buy-back? I still have some tokens since ICO and As I see price on CMC as $0,73. But I think its almost impossible to sell at this price as there is no volume?
They have some profit from platform already or why they making buy-back? (they must have funds for this) Huh

Notin2

sr. member

Activity: 630

Merit: 253

Quote from: kotwica666 on January 05, 2019, 08:29:11 PM

Quote from: Notin2 on January 05, 2019, 12:56:21 AM

Quote from: kotwica666 on January 04, 2019, 07:00:40 PM

Quote from: xiangbobotadie on January 04, 2019, 06:34:37 PM

Quote from: Maulek on January 04, 2019, 09:01:31 AM

Quote from: xiangbobotadie on January 02, 2019, 05:45:07 PM

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 Wink

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? Wink

which would you go for?

I am waiting for the answers of other users. I count on interesting explanations of statements.. Cheesy

I will answer this question on ~~Monday~~. And I think my answer will surprise you a bit.. Wink

EDIT: In Wednesday.

patiently looking forward to be surprised Grin

xiangbobotadie

member

Activity: 254

Merit: 10

Quote from: kotwica666 on January 05, 2019, 08:29:11 PM

Quote from: Notin2 on January 05, 2019, 12:56:21 AM

Quote from: kotwica666 on January 04, 2019, 07:00:40 PM

Quote from: xiangbobotadie on January 04, 2019, 06:34:37 PM

Quote from: Maulek on January 04, 2019, 09:01:31 AM

Quote from: xiangbobotadie on January 02, 2019, 05:45:07 PM

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 Wink

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? Wink

which would you go for?

I am waiting for the answers of other users. I count on interesting explanations of statements.. Cheesy

I will answer this question on Monday. And I think my answer will surprise you a bit.. Wink

Assume 4 million sta tokens were destroyed by a team buyback under $0.5, so the remaining 1 million holders chose to set their orders at $500,What would happen ... now it seems thatWill the team live up to its promises?I choose to believe in them.

kotwica666

legendary

Activity: 2282

Merit: 1035

Quote from: Notin2 on January 05, 2019, 12:56:21 AM

Quote from: kotwica666 on January 04, 2019, 07:00:40 PM

Quote from: xiangbobotadie on January 04, 2019, 06:34:37 PM

Quote from: Maulek on January 04, 2019, 09:01:31 AM

Quote from: xiangbobotadie on January 02, 2019, 05:45:07 PM

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 Wink

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? Wink

which would you go for?

I am waiting for the answers of other users. I count on interesting explanations of statements.. Cheesy

I will answer this question on ~~Monday~~. And I think my answer will surprise you a bit.. Wink

EDIT: In Wednesday.

Notin2

sr. member

Activity: 630

Merit: 253

Quote from: kotwica666 on January 04, 2019, 07:00:40 PM

Quote from: xiangbobotadie on January 04, 2019, 06:34:37 PM

Quote from: Maulek on January 04, 2019, 09:01:31 AM

Quote from: xiangbobotadie on January 02, 2019, 05:45:07 PM

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 Wink

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? Wink

which would you go for?

kotwica666

legendary

Activity: 2282

Merit: 1035

Quote from: xiangbobotadie on January 04, 2019, 06:34:37 PM

Quote from: Maulek on January 04, 2019, 09:01:31 AM

Quote from: xiangbobotadie on January 02, 2019, 05:45:07 PM

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 Wink

xiangbobotadie

member

Activity: 254

Merit: 10

Quote from: Maulek on January 04, 2019, 09:01:31 AM

Quote from: xiangbobotadie on January 02, 2019, 05:45:07 PM

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.

Maulek

jr. member

Activity: 33

Merit: 1

Quote from: xiangbobotadie on January 02, 2019, 05:45:07 PM

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.

studio1one

hero member

Activity: 1218

Merit: 500

BintexFutures

Quote from: kotwica666 on January 02, 2019, 02:14:32 AM

Quote from: studio1one on January 02, 2019, 12:26:54 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

I doubt that they will ever buy at ICO price.

What will they do with the tokens that they buy during the buyback? Will they burn it or sell it later?

It all depends from token owners, if they want sell tokens with loss, there is nothing what developers can do with that.
They burn tokens, so after every buyback total supply is lower.

That's a bit of relief to hear that after each buyback program total supply will get lower and lower which can lead to a higher price.

kotwica666

legendary

Activity: 2282

Merit: 1035

Quote from: xiangbobotadie on January 02, 2019, 05:45:07 PM

Quote from: Notin2 on January 02, 2019, 02:40:28 AM

Quote from: kotwica666 on January 02, 2019, 02:14:32 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

They buy from the market, so from offers that are opened. How you want make buyback with price higher than on the market?

Quote from: studio1one on January 02, 2019, 12:26:54 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

I doubt that they will ever buy at ICO price.

What will they do with the tokens that they buy during the buyback? Will they burn it or sell it later?

It all depends from token owners, if they want sell tokens with loss, there is nothing what developers can do with that.
They burn tokens, so after every buyback total supply is lower.

Yes this is very true, the starta team can only buy at what price is offer in the market, any seller want to sell at high price of $1 -$2 can just set the sell order and wait if it will sell, maybe once the team buy all low sell order then all sellers can place high sell order. It is sellers fault who sell at cheap price.

Hi, my friends, I set it at Sta/ $30Sell my tokens, it might be worth Sta/$500Sta/this may take longer

It all depends on what price token owners want to sell to others. If no one wants to sell and most of the sale offers disappear from the market, even during this buyback the price can grow to $500.

It also depends on how startups from the Starta portfolio will develop. Does anyone have any sources where we can watch their development?

xiangbobotadie

member

Activity: 254

Merit: 10

Quote from: Notin2 on January 02, 2019, 02:40:28 AM

Quote from: kotwica666 on January 02, 2019, 02:14:32 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

They buy from the market, so from offers that are opened. How you want make buyback with price higher than on the market?

Quote from: studio1one on January 02, 2019, 12:26:54 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

I doubt that they will ever buy at ICO price.

What will they do with the tokens that they buy during the buyback? Will they burn it or sell it later?

It all depends from token owners, if they want sell tokens with loss, there is nothing what developers can do with that.
They burn tokens, so after every buyback total supply is lower.

Yes this is very true, the starta team can only buy at what price is offer in the market, any seller want to sell at high price of $1 -$2 can just set the sell order and wait if it will sell, maybe once the team buy all low sell order then all sellers can place high sell order. It is sellers fault who sell at cheap price.

Hi, my friends, I set it at Sta/ $30Sell my tokens, it might be worth Sta/$500Sta/this may take longer

Notin2

sr. member

Activity: 630

Merit: 253

Quote from: kotwica666 on January 02, 2019, 02:14:32 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

They buy from the market, so from offers that are opened. How you want make buyback with price higher than on the market?

Quote from: studio1one on January 02, 2019, 12:26:54 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

I doubt that they will ever buy at ICO price.

What will they do with the tokens that they buy during the buyback? Will they burn it or sell it later?

It all depends from token owners, if they want sell tokens with loss, there is nothing what developers can do with that.
They burn tokens, so after every buyback total supply is lower.

Yes this is very true, the starta team can only buy at what price is offer in the market, any seller want to sell at high price of $1 -$2 can just set the sell order and wait if it will sell, maybe once the team buy all low sell order then all sellers can place high sell order. It is sellers fault who sell at cheap price.

kotwica666

legendary

Activity: 2282

Merit: 1035

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

They buy from the market, so from offers that are opened. How you want make buyback with price higher than on the market?

Quote from: studio1one on January 02, 2019, 12:26:54 AM

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

I doubt that they will ever buy at ICO price.

What will they do with the tokens that they buy during the buyback? Will they burn it or sell it later?

It all depends from token owners, if they want sell tokens with loss, there is nothing what developers can do with that.
They burn tokens, so after every buyback total supply is lower.

studio1one

hero member

Activity: 1218

Merit: 500

BintexFutures

Quote from: ?? on ??

Again buyback at price - 40-50 cents. Why developers do not make purchases on the market; they simpe make a wall at a convenient price for them. It's not fair. Price on ICO was 1$. You must make buy order at price - 1$, at least..

I doubt that they will ever buy at ICO price.

What will they do with the tokens that they buy during the buyback? Will they burn it or sell it later?

studio1one

hero member

Activity: 1218

Merit: 500

BintexFutures

Quote from: kotwica666 on December 31, 2018, 08:08:17 PM

Quote from: studio1one on December 28, 2018, 11:20:41 PM

Quote from: xiangbobotadie on December 28, 2018, 06:41:17 AM

Quote from: D1jay on December 27, 2018, 11:57:10 PM

Quote from: studio1one on December 27, 2018, 11:33:40 PM

Quote from: StanID on December 27, 2018, 08:08:54 PM

Starta (STA) Token Buyback #3 | Technical Details

Dear Starta Token Backers,

We are happy to announce STA Token Buyback #3

According to the Distribution Notice of Friendly Data deal Cross Coin have received
$145,536.27 USD.
As stated in the White Paper, Cross Coin held 2.5% fee.
After bank and trading fees $141,844.82 were successfully converted into 39.04263468 BTC (Bitcoin).

We would like to draw your attention to the basic parameters of the program Buyback #3.

Duration of the program:
1:00 pm GMT 28 december 2018 дo 1:00 pm GMT 20 january 2019

Total amount of funds:
39.04263468 BTC

Placement of the trading orders within the term of the buyback program is not conditioned by the terms, periodicity, volumes or prices.

STA tokens will be utilized.

Results of the program will be disclosed.

Sincerely,
Cross Coin PTE LTD team.

The buyback program will start today? What will happen if not all 39 BTC worth of STA is not sold to you during buyback duration?

According to the the post the buy back process will be from today 28th dec to 20th jan which means it will take some days for the buy back to complete and during this days they hope to have buy up to 39 btc worth of sta tokens, once the buy back process started, price start to go up, more people will want to sell who knows.

😄😜😜😜I set up some sales orders for $30 and I think sta is worth $30 or more

Will they split the buy order on both exchanges or they will choose just one exchange and place a buy order there?

In previous Buybacks, transactions took place on both exchanges, so I think, this time it will be in same way.
However, in my opinion, this should be done only on Tidex, or on one more, but new exchange. I really don't like to trade on Waves platform..

Thanks for the answer. I will split my sell order on both exchanges hopefully it will get filled soon.

Topic: 🌟🌟🌟🚀[ANN][04.07] ICO Starta - Cross-Coin Venture capital on the blockchain🌟 - page 13. (Read 153176 times)