Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XCloudcoin | Beta Invites | Profit Share | Decentralized anon |1 Millon
by
gagalady
on 09/08/2014, 00:41:27 UTC
Yes unfortunately believeing it was 3% premine.

1 Everyone is paying the same price for CLD, no one is going to want to dump for cheap, not even the devs.
2 The price will increase because no miners were involved and less dumping.
3 If 500,000 or less coins are sold, the price will rapidly increase because it will be severely under priced.

I personally think you are worrying over nothing.



You have a valid points because most IPO/ICO coins are dumped due to bonus offered to early investors and miner getting it for cheap because you can't calculate the fair price for the mining period.

Everyone paid the same price in XCloudcoin so the price will hold up.