Hyperinflation planned

[admin]

in the coming weeks i will convert points to ALTT to those who requested the withdrawal, after that withdrawal a hyperinflation will take place on posting points, each post and reply will start giving much more points, but that mean also the value of points versus ALTT will drop, hence hyperinflation points wise

I understand how you are trying to clean some stuff regarding Altt and points system in the Forum but what are the things done to improve the Altt tokens.



I have just look at the the smart contract of Altt token on Poocoinapp and the liquidity there is nothing to talk about. 2 bnb is what's left in the liquidity pool. Do you have any plan that will increase liquidity on the altt token? From the look of things, people only sell once they received their coins, no buyers and with this growth, I'm afraid it will remain parallel like this until something is done on the liquidity.

i have maybe talked about this before.
I frequently add liquidity (before/after distributions) to allow users that got ALTT tokens to swipe with bnb , so that they don't get the feeling they are getting a worthless token.

this token will be dumped every time it is distributed, that is the reality of bounty hunting (the majority of our users) ... my role is to make sure that enough liquidity is there when they dump

adding more liquidity can lead to either draining our treasury faster, or a game of pump and dump that does not benefit us long term.


thus, this token will grow the boring way, aka demand due to usability.
which is now increasing slowly.

[Faisal2202]

in the coming weeks i will convert points to ALTT to those who requested the withdrawal, after that withdrawal a hyperinflation will take place on posting points, each post and reply will start giving much more points, but that mean also the value of points versus ALTT will drop, hence hyperinflation points wise

Thanks for the reply, I think now I have my confusion sorted and I will apply for withdrawals and will also share this thread with my local community members so that they will not miss this opportunity. You are doing great but don't you think hyperinflation will be a bad choice I mean we will have a hell lot of points in our profile while as you said the value will be lower. I know more points do seem good like "Hey we have 2 million points" if in case one got that many points, but after withdrawing them and seeing the value, new members might disappoint.

You know better than me, it's just a silly thought of me that I thought I should share. I hope there must be a great reason behind this step (specifically behind the hyperinflation).

edit-> shared on local community

[admin]

in the coming weeks i will convert points to ALTT to those who requested the withdrawal, after that withdrawal a hyperinflation will take place on posting points, each post and reply will start giving much more points, but that mean also the value of points versus ALTT will drop, hence hyperinflation points wise

Thanks for the reply, I think now I have my confusion sorted and I will apply for withdrawals and will also share this thread with my local community members so that they will not miss this opportunity. You are doing great but don't you think hyperinflation will be a bad choice I mean we will have a hell lot of points in our profile while as you said the value will be lower. I know more points do seem good like "Hey we have 2 million points" if in case one got that many points, but after withdrawing them and seeing the value, new members might disappoint.

You know better than me, it's just a silly thought of me that I thought I should share. I hope there must be a great reason behind this step (specifically behind the hyperinflation).

edit-> shared on local community

currently the points distribution is limited,
new distribution would allow me to grant points on a words basis, which is much better approach.

[notblox1]

currently the points distribution is limited,
new distribution would allow me to grant points on a words basis, which is much better approach.

Would you say that for most newly teleported members this withdrawing of points dont have any significant meaning, and they can continue as usual?

I understand that you are trying to make more activity and circulation for ALTT tokens from points, and this is a good idea.

[examplens]

admin, is there any change with the calculation of points, since it seems to me that the counters are stopped?

edit: ok, maybe I was in a hurry with this, but everything still works as usual. 

new edit: it seems that collecting points is stopped (at least from my side) and find this: https://www.altcoinstalks.com/index.php?topic=317216.0