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RE: TASKMANAGER BitShares UIA Minimum Value Update #2 (+ Tier Announcement)
Ive been using openledger for the past month now. I dont understand buyback? And do all of the currencies have a minimum for a share drop?
Hey @bola,
A buyback is when I take some of the profits earned, and buy my asset back from those willing to sell it. This usually happens at an increased price. Sales from this token were used to power up this steemit account, so once a month profits from this account pay back investors.
The share drop is like a dividend without a schedule. Every now and then, at random, holders of TASKMANAGER will find they have had some other type of share or asset gifted to them. The amount of the gift will depend on the tier.
The minimum values are the lowest possible price for TASKMANAGER, and are increasing all the time.
I hope that clears things up
Ok, i get it now. Thank you for clearing that up.
I just purchased some, and i'm now at tier 3. i'll get more each month seems like a pretty good investment, thanks.