Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][Qtum]UTXO based POS Smart Contract Platform | Crowdsale March 2017
by
pinkflower
on 15/02/2017, 01:54:45 UTC
Quote from: barnes13 on February 14, 2017, 02:39:42 AM
Quote from: topesis on February 13, 2017, 05:48:32 PM
Quote from: trademark on February 13, 2017, 12:57:15 PM
Quote from: Qtum on February 13, 2017, 12:41:59 PM
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I don't like this, there is no single western exchange on the list, I can see firstblood crowd sale scenario play out here, where the exchanges would buy all the tokens in few minutes and be sell at 2X 24hours later. I hope Qtum team would cap the amount of tokens on each exchange to get real investors to invest in the project
Sorry, I think you took the wrong conclusion, Qtum and Firstblood.io is different, Qtum crowdsale not set the price from the first, so what price of Qtum depending on how many funds collected from crowdsale, but firstblood have set the price from the first so that it's possible the token firstblood sold out in just a few minutes same as SingularDTV, Qtum crowdsale will same like Waves and Lisk or Iconomi the price depend in fund collected.
And if you don't like Chinnese exchange you can use crowdfunding website or Qtum website to buy the token  Smiley

Can you explain more? If theres no set price, how can we know how much Qtum we receive if we invest? There has to be a set price. If they say that I will receive 1000 Qtum if I invest 1 BTC then the price per Qtum would be .001 BTC per Qtum. Theres still a set price.

They also said that the exchanges are free to open trading for Qtum during the ICO. That is a bad idea. Trading for it should not be allowed until the ICO is over.