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Topic: FLIK 90% Burn? - page 2. (Read 5399 times)

full member
Activity: 126
Merit: 100
The Cryptocurrency Investor
October 17, 2017, 01:43:36 PM
#47
https://etherscan.io/token/0x17fd666fa0784885fa1afec8ac624d9b7e72b752#balances
Warning
they control 90% of the supply
and a single user controls 6,69% of it the owner again
when the burn happen the supply will be 50/50 from the dev and the users
however one single guy will control 67% of it
in other words
the company is buying back the flik on the exchange to inflate the price
in the end they will control 90% of it again, to dump it all at once.

You are so funny. Yes they have 90% percent of coins and they will burn %80 of total coins, 420 m coins and will be left 80 m coin. Did you look at any other coin wallet adress ? There is no doubt that you do not know even bitcoin, ethereum, waves, dgb... which coin you have ever imagine have same situation. There are allways a couple of adress  that have huge amounts. And as you said these kind of selling process are not on exchanges. Big stake owners sell their share with hand shake agreement. Go and play another place.
newbie
Activity: 9
Merit: 0
October 17, 2017, 01:40:02 PM
#46
I wonder how high the price of FLIK might go after the burn. Or is it doomed to fall? Anyway, long-term I predict $1 or more. HODL guys!  Grin
I don't know it'll increase much if at all. Most people here are buying based on the after burn market cap not pre-burn.

explain yourself sir. Smiley
newbie
Activity: 15
Merit: 0
October 17, 2017, 11:10:03 AM
#45
https://etherscan.io/token/0x17fd666fa0784885fa1afec8ac624d9b7e72b752#balances
Warning
they control 90% of the supply
and a single user controls 6,69% of it the owner again
when the burn happen the supply will be 50/50 from the dev and the users
however one single guy will control 67% of it
in other words
the company is buying back the flik on the exchange to inflate the price
in the end they will control 90% of it again, to dump it all at once.
full member
Activity: 406
Merit: 111
October 17, 2017, 07:56:53 AM
#44
I'll miss out but I won't miss all.
legendary
Activity: 3444
Merit: 1061
October 17, 2017, 07:16:33 AM
#43
I wonder how high the price of FLIK might go after the burn. Or is it doomed to fall? Anyway, long-term I predict $1 or more. HODL guys!  Grin
I don't know it'll increase much if at all. Most people here are buying based on the after burn market cap not pre-burn.

if FLIK is listed on bigger exchanges like bittrex, it won't stop growing even after the burn.

@cafetools

lambo incoming  Grin

spend it wisely..your money your call anyways..

for me I will still make it grow but that's just me  Wink
full member
Activity: 210
Merit: 101
October 17, 2017, 01:01:34 AM
#42
I wonder how high the price of FLIK might go after the burn. Or is it doomed to fall? Anyway, long-term I predict $1 or more. HODL guys!  Grin
I don't know it'll increase much if at all. Most people here are buying based on the after burn market cap not pre-burn.
full member
Activity: 280
Merit: 100
October 17, 2017, 12:58:07 AM
#41
I wonder how high the price of FLIK might go after the burn. Or is it doomed to fall? Anyway, long-term I predict $1 or more. HODL guys!  Grin
member
Activity: 87
Merit: 10
October 17, 2017, 12:50:25 AM
#40
I got a title loan on my 2013 Honda Accord for $10k. I invested the $10,000 into FLiK.
After it 10x -20x I will have $100k - $200k and will either get a red or yellow used or brand new Lamborgini Gallardo V-spec!

sorry but that is dumb. to take huge gains like that only to blow on a used lamborghini instead of adding to retirement and just playing with maybe 10% of it. but hey, i'm not your financial advisor



The thing is I'm driving a crappy used Accord. In 11 days I will have a LAMBO just by Holding flik. Easy trade with zero work involved. This is a rare opportunity. Once in a lifetime for me to finally have a luxurious car.

gallardos are nothing special, and at the end of the day it's just one car and you will blow all your money on it. there is nothing wrong with a 2013 accord. if you would be smarter and grow that money into retirement, you could buy whatever you want. or even just invest it for another several years where maybe that same 10% is your lambo

Anybody who takes out a title loan to play in crypto isn't exactly the brightest person anyways.  Even if he did make 200k he'd have nothing to show for it in a year.  He'll blew every bit of profit on his lambo just to find out he can't even afford to put new tires on it when he wears them out he'll get rid of it quick.  lol
full member
Activity: 126
Merit: 100
The Cryptocurrency Investor
member
Activity: 60
Merit: 10
October 12, 2017, 12:18:36 PM
#38
FLik is being listed on Binance!

When ? I have already heard this but not new for the moment.
It's weird because the volume is very small so I don't think Flik will be listed on Binance yet.
full member
Activity: 406
Merit: 111
October 12, 2017, 11:46:15 AM
#37
Can't find anything on this team related to Flik. Couldn't find the rappers LinkedIn, did find the LinkedIn of Ray Felton with 0 mentioning of FliK.
Ray Galllippi also shows 0 affiliation on linkedin to FliK.

Also their site doesn't feature a linkedin button. I wouldn't invest anything in this untill they show more than a cheap site and some concepts..

No dev team to be found aswell.. huge lack of information. Also what concers me is that the summary for each individual has been copy+pasted from wikipedia.
Compare it.. ain't hard to find.

Lol, you dont know who the rapper T.I is?

https://en.wikipedia.org/wiki/T.I.

https://cointelegraph.com%2Fpress-releases%2Frapper-and-entrepreneur-ti-joins-flik-as-co-owner&usg=AOvVaw0jeJxw2K-o2mxOTIMjJZbH

https://twitter.com/tip/status/899271558400749568?lang=en

I honestly dont think you even looked...  He is a world star.

I honestly don't think you read. No I don't know who T.I. is nor do I give a shit. Now look at my comment again.
sr. member
Activity: 756
Merit: 252
October 12, 2017, 11:34:42 AM
#36
ok but why did they create so many coins to now burn 90% of them

Yes, that is my question exactly -- how could a new project have 90% of their coins available to burn? Why didn't they just start out with less?

Also with a 90% burn imminent, why is there nothing that I can find on their website about it? You would think that would be some pretty important news...  Roll Eyes
Maybe it is possible that they created those 600 million coins and that the ico was a fixed price ico where they said their coins were equal to an amount of ETH or BTC and maybe they only sold 80 millions of the coins and instead of keeping the rest to themselves or distributing them they are burning them, but this is only speculation.
newbie
Activity: 4
Merit: 0
October 12, 2017, 10:00:34 AM
#35
Total market cap / Current coins = .13 cents

If you burn %80+ of the coins its worth 8x more/ ~ $1.00 with no trades, its automatic profit.

Hahahaha. Dude, the market cap will drop. Burning coins wont keep the market cap where it is, it'll lower it. And a coin is worth only as much as someone is willing to pay for it. You wont have any 'automatic profit'. Over time the price may rise due to less coins being in circulation, but with the amount of people buying to flip after the burn I'd think short term you won't be making a profit.
full member
Activity: 266
Merit: 108
October 12, 2017, 09:26:12 AM
#34
full member
Activity: 266
Merit: 108
October 12, 2017, 08:34:03 AM
#33
Total market cap / Current coins = .13 cents

If you burn %80+ of the coins its worth 8x more/ ~ $1.00 with no trades, its automatic profit.
full member
Activity: 320
Merit: 101
October 12, 2017, 08:30:52 AM
#32
Bursted a laugh when I saw "TI" word. First The Game, Now TI?!?

I also heard that Ghostface Killah is also launching some related to crypto.

Good luck with that name.
full member
Activity: 266
Merit: 108
October 12, 2017, 08:28:55 AM
#31
FLik is being listed on Binance!
full member
Activity: 224
Merit: 100
October 12, 2017, 03:41:05 AM
#30
you guys make me laugh

unless you have  bought flik at 7 cent, you'd better to sell now because  flik will never  go to 0,50/1 $  (in this month)  without any other news or without being added to other exanges.

Think about  it... lol, everyone here want to  sell in  22 october,  how  will the price  increase  I don't  know... also just tell me  guys WHO wll buy your flik coins, even after the burning?   You sell, sell, you're  planning to sell...  but  WHO    will buy from you Flik at  10/11/12  cent?

Think about it:  why just they don't buy now,  instead  of waiting for you to sell  it in 22 october?

newbie
Activity: 5
Merit: 0
October 11, 2017, 09:00:54 PM
#29
Can't find anything on this team related to Flik. Couldn't find the rappers LinkedIn, did find the LinkedIn of Ray Felton with 0 mentioning of FliK.
Ray Galllippi also shows 0 affiliation on linkedin to FliK.

Also their site doesn't feature a linkedin button. I wouldn't invest anything in this untill they show more than a cheap site and some concepts..

No dev team to be found aswell.. huge lack of information. Also what concers me is that the summary for each individual has been copy+pasted from wikipedia.
Compare it.. ain't hard to find.

Lol, you dont know who the rapper T.I is?

https://en.wikipedia.org/wiki/T.I.

https://cointelegraph.com%2Fpress-releases%2Frapper-and-entrepreneur-ti-joins-flik-as-co-owner&usg=AOvVaw0jeJxw2K-o2mxOTIMjJZbH

https://twitter.com/tip/status/899271558400749568?lang=en

I honestly dont think you even looked...  He is a world star.
newbie
Activity: 17
Merit: 0
October 11, 2017, 01:41:29 PM
#28
Can't find anything on this team related to Flik. Couldn't find the rappers LinkedIn, did find the LinkedIn of Ray Felton with 0 mentioning of FliK.
Ray Galllippi also shows 0 affiliation on linkedin to FliK. If they have been working on it since 2015 from what I read, you would say they have added it to their portofolio by now.

-Edit- Also their site doesn't feature a linkedin button. I wouldn't invest anything in this untill they show more than a cheap site and some concepts..

https://twitter.com/Tip/status/917965816670425088 I found this
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