Quote from: nizar93 on July 16, 2019, 03:37:16 PM

Quote from: sorrros on July 16, 2019, 02:12:36 PM

I do not see why it makes sense to do. For example Miracle Tele is now buying back tokens and in the same time they are selling tokens to investors for same price. I thought that ICOs need to collect money for product development and not for sales mediation Cheesy

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it is to stabilize the price of their tokens on the market. it is the first step in community trust so that their trade continues to increase. when their market is good, and later supported by product launches it will be an extraordinary pump.

they can't stabilize the price and do you think with the buyback and everything will be under control by the team? It can prevent the dump for a short time but it can't prevent the dump that created by the team like it has no good news after the run of development progress.