540,013 x current price = around 75 BTC
Why is the issuer moving around 75 BTC 3 days prior to an ICO ?
I assume this was for the trading bot. It is not only buying up but also providing liquidity on illiquid markets.
The trading bot went live some days prior to the ICO.
Where is the illiquid market ? Does providing liquidity = dilution ? Serious question. Does this trading bot also buy as to keep a zero sum ?
I'm just wondering where the 28 million uncirculated coins are sitting.
It's seems a reasonable question, whether or not the Devs sold into the market today because it seems unreal that anyone would dump the price 22% the day before a known huge buy.
a 32.5797% difference between yesterdays high and the price as I write this.
Have you read our whitepaper? Market making is a central part of our business plan and has nothing, absolutely nothing, to do with dilution.
It's simple profit taking, most probably to join the upcoming ICOs on Waves.
Incent purchases or cash backs will start within the next 24 hours. Our developer, Peter, wasn't 100% happy with the code when Encryptotel ICO started why there is a small delay. After that, the purchases will be made in real time. The dump was simply profit taking and were immediately invested in Waves (was visible on Bittrex).
I'll look for the cold storage address in which the 23m Incent sit.
That makes me feel alot better Karl. A bunch of healthy skepticism in crypto has saved my butt more than a few times. I hope no one is offended that I am looking after my wallet.
It's all good. Just remember that such accusations could start rumors which we both don't want, I assume.
