Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [CVC] CIVIC Tokensale :: 21 June
by
Dr Charles
on 21/06/2017, 21:00:07 UTC
When will the token become tradeable after the ICO ends?

There are no confirmed exchanges yet so short answer is that it wont be tradeable right after the ICO ends.

Anybody think it's strange that eth price is crashing as these ICO funds are being collected?  It should be the other way around, right?  Shouldn't the demand for ether be increasing at this point?  It's strange....I wonder who is dumping all the ether at this stage?  I think we may see more of this behavior in the coming months so it could be a good opportunity to take out some shorts, right?

I dont think its weird at all for 2 reasons...

1) There has been a couple hundred percent gain in ETH price in the last 2 months with very little to no correction... This price dip is needed for healthy growth.
2) All the funds being raised in ICO are being raised so they can be spent on development. In order to spend for development, part of the ETH raised will need to be cashed out.

No worries here Smiley