Post
Topic
Board Speculation (Altcoins)
Re: Do buybacks increase the value of a cryptocurrency?
by
carlfebz2
on 02/06/2020, 20:17:52 UTC
no, buyback is not a new way to attract investors and there are already many examples of projects that do it that way but still cannot make a big demand in the market. ways like that can be done if the product has attracted a lot of people
true, to attract investors the team must make another strategy besides buying back coins that have been traded, I have participated in several projects that do that, but the price remains the same in the market, there is no high increase even though such a system is done
The acquisition will not solve anything if the team has no future strategy. I think that instead of buying back, the group should spend that money listed at big exchanges because high liquidity exchanges will often attract a lot of new investors to the project.

Besides, it is possible to seek more partners to make the project gain more trust from people, and this will help investors feel comfortable choosing to hold in the long term.
If im a project owner then i would definitely choose up this option rather than spending the money on buying back. More partnerships and more exchange listing will really give out

or build confidence neither on its investors itself or into other new people as well.If they do able to see that this one is listed on various exchange then we cant really remove that kind of impression that

this might be a good project to support or trade on. Buying back isnt really a bad idea but as said all varies with teams effort on how would they go further aside from that buyback program.

The most important thing in the end of the day do talks about project relevance.