5% of the total Tokens is Huge. Assuming that we have a Hard Cap of 30M then they would buy 1.5M SCL with BTC as the currency
1.5M SCL is approximately 400 000 USD for Buy Orders
400K USD = 93 BTC
If you are familiar with trading I believe you already know that BUY orders increase the Price?
Other ICO are actually doing the Opposite.
Half of the Tokens are for the DEVS and only half are available for ICO Investors
Once they DUMP the coins then that would create a BEARISH Trend. The DEVS of other ICO are actually the Whales creating SELL Wall.
In SCL the DEVS are creating the BUY WALL creating a Bullish Trend
I know that there is always a RISK but I believe in the Platform thats why I invested.
That's exactly right. We will be creating a buy wall, but not just at the smallest price possible - we will help drive the price of SCL upwards.
We will also be hosting a community vote over the next few weeks to see if users would prefer us to hold our 5% under smart contract for 12 months.
Can you tell me how much the smallest price possible in SCL? And how can I cash out my SCL, when the buy back period begins?