DEV..IPBC-->> Due to the community demand and for the profitability for miners and traders we have negociated with Livecoin and have decided that on 21.2.2018 the initial price will be 0.10 USD instead of 0.01USD.
What does initial price mean here? If no buyers price can tank right away to 0.0001 USD or there is some kind of mechanism to prevent it happening?
I'm curious how that would be set too. Seems price would naturally be a matter of agreement between buyers and sellers.