Post
Topic
Re: [ANN] JSEcoin
by
crytonut
on 25/07/2018, 21:15:39 UTC
Just a further thought, and I may not have thought this all the way through, but:

It seems to me a good percentage of JSEcoin holders who have mined their coins for "free" are waiting for the exchange to immediately sell them into the market.

These are the ones that are less interested in the future price and holding for investment, and more interested in getting any price, which is better than "free".

So there might be a short term dump driving the price below the .006 ICO price when the exchange happens, and maybe some investors are counting on this, buying in the market, rather than investing in the ICO now.

Does it make any sense to clear the air now, get the exchange going, let this happen, have low float at the beginning, then slowly sell supply into the market as it can absorb it at $.006 until funding goal is achieved?

I know this is different than all other ICO models, but JSEcoin is rather unique in that there are these "free" mined coins out there.