Post
Topic
Board Announcements (Altcoins)
Re: 🔥🚀[ANN] [ICO] Tachain - Entertainment and Transportation Synergy🔥🚀
by
RyCriptoC
on 26/11/2018, 04:32:49 UTC
I don't know what is the reason but market still falling too much, so my question is that it will impact in the sale or tachain still getting investment from market?

Logically with the buy back policy they recently started they should still get funds coming in
Although I haven't checked the figure or the progress of token sales
i dont think it'll make the token sell stop or slow down as Tachain has fixed value for ETH.
but some slow down issue might occure as there are news that eth will fall below 60$ and that time people will buy eth at that price.

Tthis is not correct, 1 TCHN costs $ 0.01
a binding to ETH would of course be great, then you could buy really cheap tokens at the moment. But unfortunately the price is fixed at $ 0.01

That is a good move. I think many ICOs avoid bining to ETH and the likes to avoid the volatility of the market; but still that is just as risky if they keep holding to ETH. Many ICOs still have ETHs in their wallets waiting for the sale to finish or they hit the softcap; those that accumulated say 0.1 at an ETH price of $400 are in a big loss

Problem is that we still don't know the bottom of market. People are now saying ETH may go down till 60 USD. If that happens then it will be very difficult for ETH to recover.