Quote from: stephanirain on October 20, 2019, 09:47:06 PM

Quote from: Samayuki on October 05, 2019, 10:10:49 AM

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently, tell me i'm wrong

It is a strategy for them to promote their project. A 50% discount is kinda the maximum discount for me; any higher than that will be a big loss to the project. And with the amount, I hope it is only for the first 20 or so investors or like the first week or so of the project. There is no problem with them giving discounts as long as it is not too good to be true or else, the people will start to doubt them. It's discount we are talking and not profit afterall.

Giving discount is nothing better than without discount what I mean is even . if they are giving away 200% discount it is not like that the coin price will remains the same or not cut off or less estimated because the discount. It's already happening so much time and proven that giving discount means higher chance of token price dumping. Most of the project that giving away discount are those project that wants to reach the target even though the demand is underwhelming or those money grabber anyway. discount just doesnt make sense.