Holding OBITS entitles you to become a part owner of the bright future that lies ahead of OpenLedger. OBITS are the official digital token of the OpenLedger DC, allowing token holders to reap a proportional share of the profits on OpenLedger, and any further projects added in the future.
Buying OBITS are the equivalent of buying an early stake in a ground-breaking technology company. And the great thing is, you don’t need to be an active investor holding OBITS. Let OpenLedger do the work for you.
OBITS WARRANTS gives you the right during 2017 to purchase OBITS tokens at a fixed price! From 1 January 2018 these OBITS warrants will then be invalid.
In order to secure the constant growth of OBITS a previous option to buying OBITS in bulk orders has been removed and replaced with the option named OBITS.WARRANT. A total amount of 7 million OBITS not yet in circulation have been designated to be used in connection with token drops on all investors of future projects on OpenLedger in the form of OBITS.WARRANT's as a progressive attempt to drive price up, read on to understand better.
In case of buying OBITS directly from the market it is suggested to focus on either btc, bts or bitUSD, check the below markets:
OBITS liquid markets with bts as best
BTS:
https://openledger.io/market/OBITS_BTS
BTC:
https://openledger.io/market/OBITS_OPEN.BTC
BitUSD:
https://openledger.io/market/OBITS_USD
The good part here is what you buy stays on your own wallet immediately wether OpenLedger or BItShares webwallet, desktop wallet or light wallet with no one else but you in control of your funds.
Beware to backup your account and with that backup key and password store it in a secure place away from your pc.
OBITS on centralized exchanges
You may also buy from the first centralized exchange offering OBITS, and we do expect more to follow in coming months as we are positioning OBITS to become the token you wish to support if you believe in the future of the OpenLedger DC and its many ecosystems and more to come.
https://www.livecoin.net go check the btc market there.
OpenLedger buys back OBITS on the bts market every 2nd day of the month, so it could be advised to buy before that time on whichever market suits you the best, as the sell market is beginning to be much thinner than previously which makes it possible to drive the price up accordingly
https://steemit.com/blockchain/@blogger ... il-buyback
https://steemit.com/openledger/@blogger ... -marketcap
It is again also a question of how much OBITS you are looking for, as average price on markets could be high depending on need.
the other option I could suggest is to buy OBITS.WARRANTS at the price of 0,10 USD bought in fiat or equivalent in any other crypto and then let me use this amount to buy back from market and burn it from existance, reducing overall supply and in the same time help drive up the price.
Here is the explanation for the OBITS.WARRANT and how that works
Every OBITS Warrant gives you the right during 2017 to convert to not publicly released OBITS tokens. Per 1 January 2018 these OBITSwarrants will then be invalid. Conversion rate: 1 OBITS Warrant + 0,16 BitUSD = 1 OBITS token.
OBITS Warrants are offered as part of certain ITO's (Initial Token Offering) presented by OpenLedger as a bonus offer.
A limited amount of OBITS.WARRANTS (as there are 7 million OBITS reserved, there are 7 million OBITS.WARRANTS available and thats it), however, are offered on the market for sale at the price of bitUSD 0,10 per unit. The limited amount is released in increments of 500 000 OBITS.WARRANT's, and only offered directly to interested party on the base of request or to anyone already on the list of subscribers of ours or holders.
Anyone believing OBITS will become worth more than 0,26 BitUSD in 2017 is able to benefit from this offer as you pay only the price of 0,16 BitUSD for every OBITS you buy with 1 OBITS.WARRANT even if price is 0,5 or even one bitUSD any given time during 2017. (Your cost 0,10 + 0,16 bitUSD=0,26 bitUSD)
NB! 1 bitUSD = 1 USD
100% of paid amount to buy OBITS Warrants on the market will be used to buy back and burn existing OBITS tokens, so the price is pushed up as we go, how much each time does depend on the traders, as some would be interested in pushing price down again, so nothing is certain until the time where we are able to buy back more from the market than the interest to sell at low prices, and that seems to be very near.
Approximately 1.4 million OBITS have been burned(erased from circulation) since early 2016, and 16,9 million in total is still left of which 9,9 million are in public supply.
Any questions to the above and to redeem your OBITS with your OBITS.WARRANT, feel free to send directly to Ronny Boesing, CEO of OpenLedger on e-mail
ronny@ccedk.com
you may buy OBITS.WARRANT here:
https://openledger.io/market/OBITS.WARRANT_USD
You may buy the bitUSD from the markets or create them yourself and then borrow bts to even buy OBITS, believing bts price will go up and eventully pay back the borrowed amount:
BitUSD markets
BTS:
https://openledger.io/market/BTS_USD
BTC:
https://openledger.io/market/OPEN.BTC_USD
USDT:
https://openledger.io/market/OPEN.USDT_USD
BitCNY:
https://openledger.io/market/CNY_USD
Thats all for now, so it really comes down to the point how much funds you wish to use. If bigger amounts it could pay off to buy OBITS.WARRANTS, if smaller amounts it could be worthwhile simply buy off the above mentioned OBITS markets.
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