ive invested into the ebitz ico however the price keeps increasing and my balance keeps decreasing i assumed with an ico that your balance was locked at the amount recieved at the time you invested at this rate by the time the coin launches i will be left with no coins losing about 50 ebitz a day off my balance however im not really sure how ico's work maybe this is normal
I have no clue if I'm honest. I thought you would buy an amount of X Currency, since they have dates where it's like 20% bonus.
Maybe you buy a percentage share of the total coin supply that changes depending on how many coins are out on the market.
This is why I prefer pure PoW or PoW->PoS with a premine over ICOs