Post
Topic
Board Speculation (Altcoins)
Buy Wall V2
by
guortates
on 07/11/2017, 16:03:22 UTC
Hi guys,
I was wondering : if you do an ICO for a coin and sell n coins, each of it for a price x. Then you get listed on an unique exchange and you use 100% of the funds collected during the ICO to put a huge buy wall of n coins at the price x. So every investor can get his money back if he wants and there is a 0% risk. It could attract far more people. Question is, what are you gains in this operation ? Well you could buy yourself on your ICO so you would get a part of your own coin and then sell it for more because the price of your coin cannot be less than x due to the huge buy wall.

What are your thoughts about that ?