Post
Topic
Board Tokens (Altcoins)
Re: ➡️[ANN][STO][REFERRAL] Orbis - The World's Local Bank - Security Token Offering⬅
by
Desert Storm
on 20/03/2019, 19:23:37 UTC
Orbis will connect the people to crypto and crypto to the world, Orbis will not only give solutions to the problem but it create also a lot of opportunity to the people.
means the Orbise project has an important role in the world of crypto with a very large mission that requires hard work and real work to be done by the Orbis project team

You should see how hard this project works with the current Bitcoin price because if the price of Bitcoin is bad then they will have tokens at a low price from the project they are working on.
It's a STO project, so they'll prevent the coin from dropping down

An STO doesn't just prevent the coin from dropping in price. The idea is that since the token is backed by something, it should not drop in price. In practice it is still possible to see losses if whats backing the token isn't worth much.

Dropping in the prices means that the price is dropped so much from its original like what we are seeing in most of ICOs now (ex. price dropped from $1 to $0.01) but when we are talking about STOs we'll not see something like that.

This is just not a reasonable idea. It can drop if it turns out that the business which is represented by the token sucks. Nobody will hold the token then and just sell and go on.
That can happen, but where can a team representing a lot of tokens be thrown away? I will not continue to hold the price of the token.

Orbis is ready for implementing their products and with the hype and backing the token the price will not drop.
Have you prepared it? I'm afraid that people who hold lots will throw away all tokens. So it will be a concern.

There are two types of tokens receiver here. Investors and bounty hunters. And as i see they made 3 rounds of bounties with budget around 1M which is reliable and if most of hunters decided to sell so that amount could be covered easily special that this is a coin not an erc20 tokens so there isn't any decentralized exchange like forkdelta that users can use to dump their coins.

Yes this is good if it is not an erc20 token because they will not sell just like that, which I know er20-based tokens always throw their tokens on the forkdelta so prices are getting cheaper.
Yeah, one of the features of Orbis that it's a coin so there isn't any black markets for dumping the price