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Topic: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex - page 46. (Read 491330 times)

hero member
Activity: 672
Merit: 500
Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.

Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.

Seems pretty short sited of Incent that they did not contract a lockup period which is standard in business and business 101 level.
It ensures the market will not disproportionately increase the supply, which drives prices downward. 40+% in this case.

http://www.investopedia.com/terms/l/lockup-period.asp
hero member
Activity: 672
Merit: 500
Nice "buy pressure"... It will go back under 10000 sats
Damn, you called it. Wish you weren't right Sad
legendary
Activity: 1386
Merit: 1000
Too bad i dont have 100 btc to put a nice buy order at 10k sat. and see how my money double in the next days.
full member
Activity: 232
Merit: 100
Rubic stays cubic
What do you think, will be incent on poloniex in the next 30 days?

As someone said, I doubt that Waves related tokens will hit poloniex easily due to the Waves dev causing a stink with the exchange. Waves related tokens are tainted by association. However, never say never and we might be pleasantly surprized. Lets hope poloniex will add incent irrespective of the Waves issue.
legendary
Activity: 1386
Merit: 1000
What do you think, will be incent on poloniex in the next 30 days?
legendary
Activity: 1764
Merit: 1031
Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.

Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.

Thanks for a possible explanation.

Not only is it short-sighted, they must be a TERRIBLE PR company. If the market happened to naturally dump ('on the news' perhaps) well that's out of anyone's control but what could be worse for PR than them dumping Incent (potentially precipitating a larger dump) at the very point you are starting to buy off the market for the first time ever and so hopefully demonstrate the impact & future potential of one of Incent's main USP's? Only get to make one first impression & ironically the people paid to help make it great have made it pretty poor.

Regards bot buying, shareholders will be keen to see evidence presented transparently, clearly and frequently in this thread especially given the recent market movements.

Good luck, some great projects using Incent atm.

I think it's extremely likely. They transferred a large quantity to Bittrex and a dump immediately ensued. Followed, no doubt, by a bunch of other holders who got spooked. I saw a couple of large sell walls moving downwards as they tried to jump in front of each other, presumably hoping to be the one to catch the bot's buys.
I'm not sure what evidence we can provide of bot buying except the trading history on Bittrex - other than the fact that Incent will be turning up in the accounts of EncryptoTel and MobileGo holders, and our reserves should be getting refilled as fast as they're paying out (for obvious reasons, we don't pay ICO investors directly with an exchange withdrawal). That should be all the proof you need.

I guess the bot buying Bittrex history would be good if people are concerned but it does seem like it all squares out pretty clearly.

The only thing I could think of is that you could sell your/company Incent to ICO holders off-market & for a slight premium. Without clear accounting, ICO holders wouldn't know if they paid over the market and investors wouldn't know if ICO investor demand is all being supplied from circulating supply bought on exchanges or from total supply but I guess that would be visible too via reserves/other etc.

That's true. Orders on DEX would be transparent, but I'm not sure about the others. It might be possible to post a log in realtime, but I'm not sure it's worth the hassle and it may cause more problems than it's worth.
The reality is that we're a centralised company and trust is inherent in that, and in any case I'd like to think our reputation is worth more than the relatively small sums of money we could make by screwing our investors and customers over.
legendary
Activity: 1138
Merit: 1001
Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.

Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.

Thanks for a possible explanation.

Not only is it short-sighted, they must be a TERRIBLE PR company. If the market happened to naturally dump ('on the news' perhaps) well that's out of anyone's control but what could be worse for PR than them dumping Incent (potentially precipitating a larger dump) at the very point you are starting to buy off the market for the first time ever and so hopefully demonstrate the impact & future potential of one of Incent's main USP's? Only get to make one first impression & ironically the people paid to help make it great have made it pretty poor.

Regards bot buying, shareholders will be keen to see evidence presented transparently, clearly and frequently in this thread especially given the recent market movements.

Good luck, some great projects using Incent atm.

I think it's extremely likely. They transferred a large quantity to Bittrex and a dump immediately ensued. Followed, no doubt, by a bunch of other holders who got spooked. I saw a couple of large sell walls moving downwards as they tried to jump in front of each other, presumably hoping to be the one to catch the bot's buys.
I'm not sure what evidence we can provide of bot buying except the trading history on Bittrex - other than the fact that Incent will be turning up in the accounts of EncryptoTel and MobileGo holders, and our reserves should be getting refilled as fast as they're paying out (for obvious reasons, we don't pay ICO investors directly with an exchange withdrawal). That should be all the proof you need.

I guess the bot buying Bittrex history would be good if people are concerned but it does seem like it all squares out pretty clearly.

The only thing I could think of is that you could sell your/company Incent to ICO holders off-market & for a slight premium. Without clear accounting, ICO holders wouldn't know if they paid over the market and investors wouldn't know if ICO investor demand is all being supplied from circulating supply bought on exchanges or from total supply but I guess that would be visible too via reserves/other etc.
legendary
Activity: 1764
Merit: 1031

Looking forward to new monthly update that should come soon, I guess.

Cross-post from Slack about that:
rob [8:50 AM]
Flying to the US for a pretty meaningful pitch tomorrow. Travelling until am Tuesday. Intending to draft on the move. Will let y'all know if there's going to be a delay.
legendary
Activity: 1764
Merit: 1031
Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.

Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.

Thanks for a possible explanation.

Not only is it short-sighted, they must be a TERRIBLE PR company. If the market happened to naturally dump ('on the news' perhaps) well that's out of anyone's control but what could be worse for PR than them dumping Incent (potentially precipitating a larger dump) at the very point you are starting to buy off the market for the first time ever and so hopefully demonstrate the impact & future potential of one of Incent's main USP's? Only get to make one first impression & ironically the people paid to help make it great have made it pretty poor.

Regards bot buying, shareholders will be keen to see evidence presented transparently, clearly and frequently in this thread especially given the recent market movements.

Good luck, some great projects using Incent atm.

I think it's extremely likely. They transferred a large quantity to Bittrex and a dump immediately ensued. Followed, no doubt, by a bunch of other holders who got spooked. I saw a couple of large sell walls moving downwards as they tried to jump in front of each other, presumably hoping to be the one to catch the bot's buys.
I'm not sure what evidence we can provide of bot buying except the trading history on Bittrex - other than the fact that Incent will be turning up in the accounts of EncryptoTel and MobileGo holders, and our reserves should be getting refilled as fast as they're paying out (for obvious reasons, we don't pay ICO investors directly with an exchange withdrawal). That should be all the proof you need.
full member
Activity: 223
Merit: 101
The bot is most definitely not running at the moment, since market history on Bittrex shows only about 8 transactions during the last hour.

Broken promises are not exactly a marketing bonus, on Monday 55btc would have gotten us to about 26k on Bittrex, now it would bring us to 18k.

Any info guys?

The bot is running and most purchases have been made. A large holder took the opportunity of increased interest to cash out by the look of it.

Sure price got down Not up. Never saw a big Buy order...

Why would 55 BTC (or probably much more now) be used to buy Incent when it can be used for something else. Just saying Smiley

What's the reason of BIG dump right now
Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.

Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.

Dumping is dumb, when you could easily sell at 16k to 19k range at least, but good for some who bought and will buy cheap Incent further on. I only hope the PR outlet is the one who dumped to 10k and not some noobs that were tricked into it. I sold some at 19k (sell orders got filled) and already bought back at 11k-12k, with some buy orders lower still to buy from weak and shortsighted minds, if they have the urge to dump again.

I only sold so low (at 19k), because I bought a lot at 3-4k range and my investment in Incent is almost at 0 invested BTC now, considering I bought much more after the ICO, thanks to the dumpers back then.

And I'm holding my bag, as future will be bright for coins with real world usage and Incent is still waiting behind barely opened doors so to speak.

Looking forward to new monthly update that should come soon, I guess.
legendary
Activity: 1138
Merit: 1001
The bot is most definitely not running at the moment, since market history on Bittrex shows only about 8 transactions during the last hour.

Broken promises are not exactly a marketing bonus, on Monday 55btc would have gotten us to about 26k on Bittrex, now it would bring us to 18k.

Any info guys?

The bot is running and most purchases have been made. A large holder took the opportunity of increased interest to cash out by the look of it.

Sure price got down Not up. Never saw a big Buy order...

Why would 55 BTC (or probably much more now) be used to buy Incent when it can be used for something else. Just saying Smiley

What's the reason of BIG dump right now
Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.

Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.

Thanks for a possible explanation.

Not only is it short-sighted, they must be a TERRIBLE PR company. If the market happened to naturally dump ('on the news' perhaps) well that's out of anyone's control but what could be worse for PR than them dumping Incent (potentially precipitating a larger dump) at the very point you are starting to buy off the market for the first time ever and so hopefully demonstrate the impact & future potential of one of Incent's main USP's? Only get to make one first impression & ironically the people paid to help make it great have made it pretty poor.

Regards bot buying, shareholders will be keen to see evidence presented transparently, clearly and frequently in this thread especially given the recent market movements.

Good luck, some great projects using Incent atm.
hero member
Activity: 924
Merit: 1000
The bot is most definitely not running at the moment, since market history on Bittrex shows only about 8 transactions during the last hour.

Broken promises are not exactly a marketing bonus, on Monday 55btc would have gotten us to about 26k on Bittrex, now it would bring us to 18k.

Any info guys?

The bot is running and most purchases have been made. A large holder took the opportunity of increased interest to cash out by the look of it.

Sure price got down Not up. Never saw a big Buy order...

Why would 55 BTC (or probably much more now) be used to buy Incent when it can be used for something else. Just saying Smiley

What's the reason of BIG dump right now
Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.

Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.
newbie
Activity: 23
Merit: 0
The bot is most definitely not running at the moment, since market history on Bittrex shows only about 8 transactions during the last hour.

Broken promises are not exactly a marketing bonus, on Monday 55btc would have gotten us to about 26k on Bittrex, now it would bring us to 18k.

Any info guys?

The bot is running and most purchases have been made. A large holder took the opportunity of increased interest to cash out by the look of it.

Sure price got down Not up. Never saw a big Buy order...

Why would 55 BTC (or probably much more now) be used to buy Incent when it can be used for something else. Just saying Smiley

What's the reason of BIG dump right now
hero member
Activity: 686
Merit: 500
The bot is most definitely not running at the moment, since market history on Bittrex shows only about 8 transactions during the last hour.

Broken promises are not exactly a marketing bonus, on Monday 55btc would have gotten us to about 26k on Bittrex, now it would bring us to 18k.

Any info guys?

The bot is running and most purchases have been made. A large holder took the opportunity of increased interest to cash out by the look of it.

Sure price got down Not up. Never saw a big Buy order...

Why would 55 BTC (or probably much more now) be used to buy Incent when it can be used for something else. Just saying Smiley
hero member
Activity: 840
Merit: 508
The bot is most definitely not running at the moment, since market history on Bittrex shows only about 8 transactions during the last hour.

Broken promises are not exactly a marketing bonus, on Monday 55btc would have gotten us to about 26k on Bittrex, now it would bring us to 18k.

Any info guys?

The bot is running and most purchases have been made. A large holder took the opportunity of increased interest to cash out by the look of it.

Sure price got down Not up. Never saw a big Buy order...
legendary
Activity: 1610
Merit: 1004
In most simple words we can explain the situation this way. Someone who bought a lot of INCNT when the price was more lower and he assumed risk of pouring money into the market. When he saw opportunity he just took out his initial amount and now he will keep hanging and holding to get maximum juice out of it. This is normal market strategy and trading in every market. We will see another rise soon and team is playing very well its cards.
legendary
Activity: 1764
Merit: 1031
The bot is most definitely not running at the moment, since market history on Bittrex shows only about 8 transactions during the last hour.

Broken promises are not exactly a marketing bonus, on Monday 55btc would have gotten us to about 26k on Bittrex, now it would bring us to 18k.

Any info guys?

The bot is running and most purchases have been made. A large holder took the opportunity of increased interest to cash out by the look of it.
sr. member
Activity: 258
Merit: 250
Breizh Atao
The bot is most definitely not running at the moment, since market history on Bittrex shows only about 8 transactions during the last hour.

Broken promises are not exactly a marketing bonus, on Monday 55btc would have gotten us to about 26k on Bittrex, now it would bring us to 18k.

Any info guys?
sr. member
Activity: 377
Merit: 250
The bot is most definitely not running at the moment, since market history on Bittrex shows only about 8 transactions during the last hour.
full member
Activity: 394
Merit: 117
Nice "buy pressure"... It will go back under 10000 sats
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