What happens if there isn't enough IONs available to fill the buy order? What if people don't want to sell their IONs for 15% below the price they purchased at?
Even if the order gets filled the 15% "fee" sounds quite steep, and of course it's again the slow and obsolete BTC that the team wants to keep. I know, nice guys and all, but that's just some thinly veiled bullshit.
Is it a "scam" if they charge 15%... that seems to be a little low for a scam???
Why are you asking me? I don't give a shit if it's a scam or not, it's your money that's invested with the "nice guys".
It is bullshit though. As in "we're calling it buy depth but it's actually a 15-100% fee" type of bullshit.
The bids just get readjusted after a long period of time if they are not dump into...
How long is the period of time and what price are the bids readjusted to?
.. The details of the function's algorithm has not been released to the public.. In simple terms, Company Private information