Post
Topic
Board Altcoin Discussion
Re: Do you believe in IEO BITTREX?
by
thaliaand
on 06/05/2019, 09:29:57 UTC
IEO could be the new thing today, the only problem is that they are sold out the minute it has been officially released. Of course we can control the market and we really don't know what's going to happen.
Agree basically IEO and ICO is almost same. in IEO, Exchanger has the entire power to manipulate the price and the coins. That's why the coins can be sold in just a second.
Just like IEO, ICO is more risky to invest because it's a new project and we don't know what they do on behind. As the saying goes "We can't trust people on the first meet."
IEO and ICO are the same thing, at the beginning of ICO it was also legit because there were many who reached hardcap even during pre-ico, but now there are many ICOs that have been a year and haven't reached the softcap.
I agree. IEO and ICO basicly are the same, only the method that different, which is crowdfunding held in exchange and the other one on private website. One of IEO's advantages is the token/coin of the conducted will surely listed on the exchange. But in regard of the price after the IEO event, there is no quarantee that it will not be dumped. So, this is still business matter that exchanges may get more profit by using this strategy. Listing and coin offering process in one package with certain fee, and all will be handled by the exchange.