Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
needmoney
on 05/06/2017, 19:29:19 UTC
When this secret will be revealed about that unspecific hard cap what is limit there if all coins sold out during 1st hours than we will able to know about that how many tokens will be created during sale round?

It is irrelevant beacuse everyone will send their money during the first hour and all that money will be accepted. This is why this ICO is badly constructed. It's like having uncapped ICO. They should add hard cap limit of 100 million or lower. Otherwise the contract can accept 100 million, 200 million, 300 million or any amount sent. This way one whale can buy huge percentage of coins, which is exactly opposite that we would like. The coin will be dominated by huge players.

You're talking about speculation

If its 1 hour, how can a whale buy huge percentage of coins? I think they can't. Everyone can buy in that single hour. Look at BAT ICO, few whales bought it in seconds and now its 10x the ICO marketcap lol. I think time cap is far better but should be supported by some value cap too.