Quote from: mxxxxxx on May 12, 2016, 07:39:25 AM

Quote from: 110110101 on May 12, 2016, 07:32:38 AM

Quote from: mxxxxxx on May 12, 2016, 07:06:47 AM

Quote from: 110110101 on May 12, 2016, 06:45:07 AM

Quote from: mxxxxxx on May 12, 2016, 06:35:51 AM

Quote from: BigKush on May 12, 2016, 06:14:49 AM

Quote from: Soul_eater_123 on May 11, 2016, 10:35:14 PM

Quote from: BigKush on May 11, 2016, 08:18:53 PM

there was a rumor that developers gonna place a buying wall at the very start of trading waves. How big'll be this wall? And how long will it exist (one day? one week? month?) If they will see that there is not enough buying power, will they dismiss it?

Was the rumour by any chance started by you? Stop spreading bullshit. If you have don't have the balls to buy into the ICO don't buy it. Otherwise grow up and don't expect the world to catch you if you screw up.

Actually, I've spent nearly 31 btc and now got ~ 300k waves, so I'm not sure what are you talking about balls etc. You better to check Russian thread where Sasha35625 is saying that there will be a buying wall.

here is the quote:

Quote from: sasha35625 on May 10, 2016, 10:24:30 AM

Quote from: RealRimlin on May 10, 2016, 08:57:50 AM

Quote from: KoshaKosha on May 10, 2016, 01:40:21 AM

Пoдoждитe, a paзвe нe oбeщaли чacть coбpaнныx миллиoнoв пoтpaтить нa мoгyчyю бaй cтeнy? Пo цeнe нe мeньшe пpeдпpoдaжнoй?

Гдe былa тaкaя инфa?

бyдeт cтeнa, дa.

Translation:

-wait a second wasn't there a mighty buying wall? with the price not less than the ico price?
- Where the information was submitted?
- sasha: The wall will be placed,yes

If there is need for this ICO funds will be used to maintain buy walls.

Hmm OK, but what is to prevent the Waves funds from depleting, should everyone and their dog get cold feet and want to sell/withdraw the instant wave tokens are available on an exchange? We all remember the clusterfuck Paycoin that went out with a 20$ floor, but that lasted only a short while while everyone threw their coins at it.

If people want to sell instantly they will do it this way or another. If there is a need buy walls will appear, about what floor you are talking about lol ? If we think buy walls are needed at some point we will just add them. There is no specific amount or anything else planned for this as of now. We are still pretty much in ICO phase for 20 days more with unknown price and uknown final BTC amount.

I was picturing the same scenario as when Paycoin launched, Garza et al. tried to establish a floor price and raised a larger buy wall once the coins where released on an exchange. The "plan" failed and the value for each coin plummeted as there was no buy support. I hope that we are not trying to achieve the same here? Buy walls are great but they need to be used wisely. I am fully confident in how the project has been run and maintained up to now, so I have no doubts that if any walls are considered and needed that they will be setup to help Waves in the best of ways.

Yes exactly, if any buy walls appear they will be setup to help Waves in the best of ways.

Setting buy walls from ICO money is unethical as it is identical to a larger premine. The devs are getting free stake paying with other people's money.