Post
Topic
Board Announcements (Altcoins)
Re: [ANN] eGaaS: Electronic Government as a Service
by
looking4thegrail
on 16/01/2017, 22:16:16 UTC
It would make sense to get on the better exchange. Did they not plan to release another 4 million coins?

Actually, in my opinion, it doesn't really make sens to list this coin on an exchange now, if other ICO rounds are going to be held in the future. This means the price should be controlled in some way. On one hand, why would an investor participate in a second round if the price on the exchange would be less than what would be offered during the second round? On the other, why would the team hold a second round if the price on the exchange would be higher than what they would offer? In this case their second round would just be a huge sell order for all buyers to buy from ... Or am I missing something? In this case, can anyone tell me what please?

Yes, if it's on an exchange and has a lot of interest, some whales would be willing to pay that price for many coins. If exchanges don't even want to list, it will seem like there is less interest and the second ico won't go well unless they convince wealthy people in person. Bittrex is probably the best they can do right now so they should go for that.