Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
ngdias
on 13/01/2017, 18:11:08 UTC
The swap rate 1:50 will decrese for a maximum of 5% i am right?

Ok, but why this rate is so fixed? It should be more variable? I mean, 1 year from now the price of btcd may fall near 0, is a coin that is no more supported. so 6 month from people could buy btcd and may get the 1000% more of komod. Is this fair?

There are people doing arbitrage all the time, which means that BTCD price will closely follow KMD because if BTCD falls behind too much there is profit to be made by bringing the values closer together.