Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 🌟🌟 Datum - Unlock the Bln $$ Data Economy - ICO 29th October - 🌟🌟
by
mike0182
on 25/10/2017, 17:12:49 UTC
Too much presale discounts will be bad for main sale investors.

why do you think so? it might attract other investors imo

Well, he got a point. When there is a huge bonus, the ones who invested in the pre-sale tend to dump their tokens when they can get some profit which drives the price down below the ICO price. So if you look at the price as an investor of the main ICO you will ask yourself, why you paid the ICO price and not bought off an exchange.

okay thank you i got the point now! it seems legit. well i hope this does not happen to datum - it would be a pitty if a "mistake" like that would ruin the whole project
If the project is really valuable, then no speculation with prices will not be able to destroy it, but the price of the token may fall sharply at the very beginning, but getting rid of "weak hands" is even good for the project, in the future the price will only grow.