Post
Topic
Board Altcoin Discussion
Re: BUYBACK TOKENS SOLVES DUMPING
by
cafee_orange
on 17/07/2019, 03:04:42 UTC
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.
I agree with you, the buyback method is a very brilliant method, which method can be used as a solution for dump tokens, many projects have to be willing to die due to dump prices dropping to no value at all, of course this will be a loss for investors, many projects that only sell sales do not provide a solution if there is a dump, they only hope that investors or traders can stabilize the price of their coins, which is less effective and not independent.