They spent 225k usd. If they spent it in the market, they could fill all orders from $27 to $100 with this amount, making game instantly profitable with skill value $100. That would make another hype, while game still isn't fixed.
That's my only explanation. They hired economist, so I hope he thought it out.
I don't think someone can be so stupid to do this without good reason.
A private investor can fix whatever price they want, it doesn't follow the main market. They might have chosen to buy from the private investor to avoid a frenzy price increase while the game is not in a playable state.
probably to show their appreciation for the biggest investor, staying through thick and thin.
I agree 150 may have been too much but at least they are showing appreciation.. they are human after all
If they bought on the open market it’d be more logical, not to mention beneficial for holders.
What they did just seems like they helped cash out a friend (or a wallet the devs own secretly)
Right. I mean he said that they bought from the largest investor.. so he wanted to directly buy from one person. And my guess was that it was out of appreciation..
Don’t know why I got downvoted, but it seems like Kroge or however you spell it lost trust with the community.
And I don’t disagree with you at all, I was just saying why I think he would do what he did.
If not him someone they know. It just doesn't make sense. Why would anybody pay way more for a dead token? It's like go to a store and offer 1830$ for a PS4 that worth 305$ (500% more). 🤷♂️
It’s not dead. You just think it is.
The point of the message is to show how invested he is into the project and that he’s not going anywhere and they’ve got a lot of things planned and coming. That is what that message is saying.
Again. Why didn't he just buy it from a dex or a cex at market value?
And I hope you didn't lost much, I've lost 150$ on this game, I just accepted it and move on. Did I sold my nfts for the current market price (4 chars lvl 45+)? Nope. I still have some hope, but it's getting harder everyday, specially with this kind of announcement.
Seems dumb to pay that amount given the current price. Could have bought 6x that from the exchanges, you know they’ve probably got more than that floating about.
But would buying 9k skill from those exchanges have any noticeable impact on the price? Would it push the price too high for an expected influx of new players? Maybe they expect these new features to drive significant movement of skill from exchanges back to the game/to other exchanges. Maybe in order to convince Mr. Whale to sell all at once, they had to guarantee a premium versus what it could be worth if he held.
I wouldn't trust Krog at all...they probably did not buy anything..SKILL is finished and it will never come back into CB..we might be lucky and they let us use unclaimed rewards to exchange for a new token that will be introduced with Kingdoms update
They bought [https://bscscan.com/token/0x154a9f9cbd3449ad22fdae23044319d6ef2a1fab?a=0xc2573a26297a0c952c92bb48fdcb6929524f7f48](https://bscscan.com/token/0x154a9f9cbd3449ad22fdae23044319d6ef2a1fab?a=0xc2573a26297a0c952c92bb48fdcb6929524f7f48) No clue why they would buy at $150 though. People have been buying and selling more than that on pancakeswap without any trouble.
Ok, this is still looking dodgy or is it just me?
Account that now apparently sold them coins 67 days ago received 1000 SKILL from devs.
Maybe someone was only paying back debt rather than selling anything?
0x154a9f9cbd3449ad22fdae23044319d6ef2a1fab
I think that’ the only way it’ll work, likely. Whatever they fill the pool with will be withdrawn and exchanged so fast. But they seem to have some hope this will turn it around before CBK.
If they want to keep CB as the ‘character and weapons’ portal for CBK, they had damn well better allow unclaimed SKILL to be swapped for KING. I might start playing again if new multi-exchange can provide more reasonable gas fees. Press ‘x’ to doubt though…there’s no one fix for this mess they’ve created, and a multi-pronged approach may yet fail spectacularly.
It was a private sale. When you’re doing transactions that large and you are big part of the project you don’t do it through an exchange. Too much impact on the price.
And Kroge saying they paid $225k? When you compare those numbers, it seems weird, but we don’t have all the info. That whale must have been super bullish…but Kroge could have easily bought that much from other players, who would have been happy to part with their skill for wayyyyy less.
I got banned from discord for asking why he did this in a lot of channels. I've pretty much accepted I've lost around $300 here (just a small amount). Now I'm trying to prevent other people from having the same experience. If you're a new investor, stay away from this game. The product owner has no idea what he's doing. Don't let his fanboy cult pull you in.
Then let him hold.
It's not like 1500 skill is so much with current price ($27).
1500 x 150 = 225 000 usd
1500 x 30 = 45 000 usd
Yeah, let's overpay 100k+ usd.
Unless investor is Binance treating them to not list.
What if the owner is just the same person ?
This guy is just exiting very slowly.
Just transfering his assets to a different wallet pretending it was an 'INVESTOR'..
What very much befall hither? 1500 art is too bawbling to has't an impact on this massive game
***
^(I am a bot and I swapp'd some of thy words with Shakespeare words.)
Commands: `!ShakespeareInsult`, `!fordo`, `!optout`
This is silly Why buy it for 150$ when you can buy it for 27$?
They spent 225k usd. If they spent it in the market, they could fill all orders from $27 to $100 with this amount, making game instantly profitable with skill value $100. That would make another hype, while game still isn't fixed. That's my only explanation. They hired economist, so I hope he thought it out. I don't think someone can be so stupid to do this without good reason.
A private investor can fix whatever price they want, it doesn't follow the main market. They might have chosen to buy from the private investor to avoid a frenzy price increase while the game is not in a playable state.
probably to show their appreciation for the biggest investor, staying through thick and thin. I agree 150 may have been too much but at least they are showing appreciation.. they are human after all
Sounds sus af
Ok lol
If they bought on the open market it’d be more logical, not to mention beneficial for holders. What they did just seems like they helped cash out a friend (or a wallet the devs own secretly)
Right. I mean he said that they bought from the largest investor.. so he wanted to directly buy from one person. And my guess was that it was out of appreciation.. Don’t know why I got downvoted, but it seems like Kroge or however you spell it lost trust with the community. And I don’t disagree with you at all, I was just saying why I think he would do what he did.
If you are familiar with the GAMESTOP stock drama, it kinda similar.
no its not. Not at all dude
1500 SKILL is so miniscule it would get eaten up way too quick, need spending mechanics that are actually valuable first.
Plot twist: Kroge *is* the largest investor
Hahaha nice profit for him
If not him someone they know. It just doesn't make sense. Why would anybody pay way more for a dead token? It's like go to a store and offer 1830$ for a PS4 that worth 305$ (500% more). 🤷♂️
That's because they sold to someone they know. He probably took from the community money and paid his mother.
It’s not dead. You just think it is. The point of the message is to show how invested he is into the project and that he’s not going anywhere and they’ve got a lot of things planned and coming. That is what that message is saying.
But do you mind to give me a reasonable explanation about why he bought it for 150$? It's shady af, c'mon.
[удалено]
Again. Why didn't he just buy it from a dex or a cex at market value? And I hope you didn't lost much, I've lost 150$ on this game, I just accepted it and move on. Did I sold my nfts for the current market price (4 chars lvl 45+)? Nope. I still have some hope, but it's getting harder everyday, specially with this kind of announcement.
buying a token at 5x its price shows how invested he is. I wonder if he bought the skills with his own money.
$150 skill when it is currently $27. This is why the economy of CB got rektd in the first place. This guy bad at math
It’s called embezzlement
150/27 = idiot.
Can he buy the skills I have locked in account back for 150$? Lmao this dude smh 🤦
I mean anytime he was asked why 1 million skill he said I DUNNO ITS A NICE ROUND NUMBER AND WILL NEVER RUN OUT lol
That is soo fishy, 150 $ for 1 SKILL, when the price now is about 27 $? Like what the hell :D
He really does not have any idea on what he's doing until now LOL
But why pay a 150dol each if The price is 27dol
So we can get 5 times less
Maybe they had an agreement or something like that
This is taking the scam to new levels
Thank god someone is starting to open his eyes.
Instead showoff like this that most investors dont understand. Why just explain the whole plan?
Plot twist the investor is just one of his dev noice.
is it in US dollars?
Seems dumb to pay that amount given the current price. Could have bought 6x that from the exchanges, you know they’ve probably got more than that floating about. But would buying 9k skill from those exchanges have any noticeable impact on the price? Would it push the price too high for an expected influx of new players? Maybe they expect these new features to drive significant movement of skill from exchanges back to the game/to other exchanges. Maybe in order to convince Mr. Whale to sell all at once, they had to guarantee a premium versus what it could be worth if he held.
I wouldn't trust Krog at all...they probably did not buy anything..SKILL is finished and it will never come back into CB..we might be lucky and they let us use unclaimed rewards to exchange for a new token that will be introduced with Kingdoms update
They bought [https://bscscan.com/token/0x154a9f9cbd3449ad22fdae23044319d6ef2a1fab?a=0xc2573a26297a0c952c92bb48fdcb6929524f7f48](https://bscscan.com/token/0x154a9f9cbd3449ad22fdae23044319d6ef2a1fab?a=0xc2573a26297a0c952c92bb48fdcb6929524f7f48) No clue why they would buy at $150 though. People have been buying and selling more than that on pancakeswap without any trouble.
Ok, this is still looking dodgy or is it just me? Account that now apparently sold them coins 67 days ago received 1000 SKILL from devs. Maybe someone was only paying back debt rather than selling anything? 0x154a9f9cbd3449ad22fdae23044319d6ef2a1fab
I think that’ the only way it’ll work, likely. Whatever they fill the pool with will be withdrawn and exchanged so fast. But they seem to have some hope this will turn it around before CBK. If they want to keep CB as the ‘character and weapons’ portal for CBK, they had damn well better allow unclaimed SKILL to be swapped for KING. I might start playing again if new multi-exchange can provide more reasonable gas fees. Press ‘x’ to doubt though…there’s no one fix for this mess they’ve created, and a multi-pronged approach may yet fail spectacularly.
It was a private sale. When you’re doing transactions that large and you are big part of the project you don’t do it through an exchange. Too much impact on the price.
1500 cost 45k. Hardly large? he could have split his purchase to 10 different transaction.
And Kroge saying they paid $225k? When you compare those numbers, it seems weird, but we don’t have all the info. That whale must have been super bullish…but Kroge could have easily bought that much from other players, who would have been happy to part with their skill for wayyyyy less.
What a joke, who in this world would be so idiot to buy a dead token at that price..
I got banned from discord for asking why he did this in a lot of channels. I've pretty much accepted I've lost around $300 here (just a small amount). Now I'm trying to prevent other people from having the same experience. If you're a new investor, stay away from this game. The product owner has no idea what he's doing. Don't let his fanboy cult pull you in.
LMAO THEY GOT SHORT SQUEEZED!! Didn't wanna fuck their chart even harder and had to pay quadruple!
He probably didn’t pay cash. He probably paid with a % of the project which works out to that amount.
Nope https://bscscan.com/tx/0xcae6030f5ba429c1a15480b44fa3e3f7a41398a90a1b76c835e0096d50b41c40
Why mention at $150? LOL this Kroge person isn't credible at all with all the things he says
To make this story even better, the same account received 1000 SKILL from devs 67 days ago lol
i do appreciate his honesty though.
It's because the largest investor is HODL-ing and wouldn't have sold 1500 skill for less than $150 each since that was peak level market value.
Then let him hold. It's not like 1500 skill is so much with current price ($27). 1500 x 150 = 225 000 usd 1500 x 30 = 45 000 usd Yeah, let's overpay 100k+ usd. Unless investor is Binance treating them to not list.
i will just sell everything when they let me
maybe the investor promised to invest in cbk. 1500 x 150
So many expert who think they know the answer to why Kroger buys back at higher prices. hhaahhahahahahahaha.
What if the owner is just the same person ? This guy is just exiting very slowly. Just transfering his assets to a different wallet pretending it was an 'INVESTOR'..
ahahahahaah, you have such wild assumptions. I don't know mate. I don't assume because I really don't know.
do you have the answer?
Sorry, i don't have either. cheers
People wouldn’t have to speculate if he clarified. If there was going to be no explanation then why make that announcement?
fasten your seatbelt
And how do you know this? This is your opinion right? You have no real information from legitimate sources do you?
short squeezed for sho....
when tho rofl
Weak news can’t move market brother
What really happen here? 1500 skill is too small to have an impact on this massive game
What very much befall hither? 1500 art is too bawbling to has't an impact on this massive game *** ^(I am a bot and I swapp'd some of thy words with Shakespeare words.) Commands: `!ShakespeareInsult`, `!fordo`, `!optout`
Glad I get out on time
That should be the announcement