Post
Topic
Board Altcoin Discussion
Re: Can a team control the price of their own coin for growth??
by
trademark
on 07/03/2018, 21:51:45 UTC
It will depend on how many bitcoins the team have saved up for the purpose of buybacks and also how large the daily trading volume is.  If the volume is low then yes, it is very possible to keep the project from drowning but if the trading volume is very high, it will take much more funds to keep it above waters and that's not even a guarantee.