Post
Topic
Board Altcoin Discussion
Re: Good ICOs should be protected from dump
by
dumplingsandsushi
on 16/01/2019, 23:27:05 UTC
Well, it's obvious that you have no idea about market economics, supply and demand, or even how to interpret basic market data.
While I applaud you attempt to find solutions, you have some very basic things off.

first, most of your conclusions are coming from what you see as bounty hunters or multiple accounts being responsible for dumps.
This just isn't the issue at all.
Any ICO will typically only allot 1 to 5% of the ENTIRE minted or available tokens to bounty hunters.
simple mathematics is that that percentage is not nearly high enough to cause catastrophic dumps like you predict.
And even if hunters cheat and use multiple accounts, it doesn't change the max alloted to bounty hunters.

There are much more simple reasons (and, of course, more complicated ones as well).
Prices dump after an ICO simply because they charged too much during the ICO.
Any ICO that charges more than 5 cents per token is ripping you off, yet somehow we have ICOs charging up to a dollar. Of course it will crash.