Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
btctalker77
on 01/04/2018, 03:47:15 UTC
It doesn't matter at all what is the token price now if you are here for the dividends and you believe in the project. If Envion will deliver, now it is a good time to buy because you can get two tokens at the price of one during the ICO.

I believe one of the factors for the price drop is the huge 19 EVN fee for withdrawals at ShitBTC. For every buyer that withdraws his EVN, ShitBTC earns 19 EVN and spends a small fraction of ETH for the transaction. ShitBTC will then sell the EVN it earned in order to get ETH which it uses for gas. ShitBTC makes a profit in ETH since the transaction price is much lower than the value they get for 19 EVN, but the effect on EVN price is a negative one, since ShitBTC is a constant seller of EVN.

For everyone who buys EVN and withdraws, there are 19 EVN to be sold back into the market by ShitBTC. That puts a constant negative pressure on the price.

The upside to this is that lower prices means more weak hands selling their EVN at a loss and giving us the opportunity to buy more EVN cheaper.