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
i prefer pow however thought i would try something new i recieved 20% bonus and my total coins were 5200 i assumed that based on this i would always have 5200 im now sitting at 5000 seeing as pos works more on how many coins you have at this rate i will earn 1 ebitz every 100 years as i will probrobly be left with 1 coin by the end ha ha