Quote from: atleticofa on July 09, 2014, 09:58:48 AM

Quote from: JTB800 on July 09, 2014, 09:50:16 AM

Quote from: thunderlei on July 09, 2014, 09:35:24 AM

I am totally confused with this initial coin offer thing on bitterx now. don't we have the fix price for ico coin and bitterx is the only seller? If this is ico, who is selling all those coins right now?

I actually agree with you, although it may be a blessing in disguise. The ICO was way overpriced (as I stated in previous posts), so maybe this early selling will scare away any new ICO investors.

That being said, somebody messed up badly. It is completely unfair to allow trading during the ICO phase. Either Bittrex coded the ICO wrong and allowed it inadvertently or the dev agreed to it (stupidly). Maybe Bittrex just assumed that nobody would sell at a loss on a coin that hasn't even come out yet and just capped the offering price and let the bids (and offers) trade freely below 8,000.

Whatever happened, it sure makes this coin look like amateur hour. Now, wake up people and demand better terms for your hard earned BTC. Or, probably smarter still, just don't buy these kinds of expensive coins on the ICO.

This early selling is just a trading strategy, trying to provoque panic sell and later the can buy more cheap.

0.00008 It's a good price. I'm buying more at 0.00007-0.000075, panic sellers ALWAYS lose,they have already lost money. Thank you for that

This ICO is working exactly like all the others before on Bittrex, so it's not a big surprise.

Anyways, the price is again 7980 satoshis.

Yes, the ones who panic sell, are the ones who are losing money. I will be buying, and holding my ICB