RE: New BYT Proposal Nov 2022

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New BYT Proposal Nov 2022

in byt •  2 years ago 

What is your actual question?

And try to recall reality - you didn't get reckt with BYT - everyone did very well for 6 months, then not so well. Try calculating your average buying price plus all the income. BYT has done better than BTC or... LUNA!

You make too many assumptions about the future. The NO-option would just mean carrying on for another fixed term. This has always been a fixed-term program with voted renewals. This time, I see no good reasons to renew, hence winding down gracefully is my best option.

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  ·  2 years ago  ·   (edited)

I was thinking that between mars and may 2023 would be a good timing for pump
depends how you calculated it .
But if you want to close down shop , i wont go against your will .

Just one thing
I checked out few things and i see BTC might recover by april 2023
Can you do the coin release april 1st instead of may 1st ?

  ·  2 years ago  ·  

All maybes. Too many people believe the past will repeat itself; I dont think so, derivatives have changed the game, as I said would happen when they first appeared.
Dunno what you mean by "coin release" - holders can sell whenever they like - indeed I will be increasing buybacks below the ABV. I also thought that 4 months might see another rally, but will still be a bear market rally, so take the cream when it's on offer! lol

  ·  2 years ago  ·  

I say YES to the prop , just was asking if it could be April 1st rather than May 1st
If it is not possible , lets roll with initial prop .

  ·  2 years ago  ·  

It is neither. The plan is to close at the end of March - 1st April, if you prefer - and the extra 2 months for any remaining buybacks for those holding on till the close.

  ·  2 years ago  ·  

Perfect !

yes