Post
Topic
Board Announcements (Altcoins)
Re: [ANN][INCNT] Incent Loyalty | Waves CAT | On Bittrex | Roll-out Q1/Q2 2017
by
Stein
on 27/04/2017, 20:03:55 UTC
Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.

Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.

Seems pretty short sited of Incent that they did not contract a lockup period which is standard in business and business 101 level.
It ensures the market will not disproportionately increase the supply, which drives prices downward. 40+% in this case.

http://www.investopedia.com/terms/l/lockup-period.asp