Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperNET - ICO conducted by BTER + ...
by
jeezy
on 09/09/2014, 13:33:01 UTC
Then I guess you don't understand how big whale thinking.  Cash out is easy for small player but hard for big whales.
They are willing dump at much lower price in some situation. Just like btcd.   Btcd worth 10000btc. But all buy order sum up is less than 50 btc.
You know my mean.
I hope this whole project is not designed for btcd holders to cash out.
Nxt holders also willing to cash out at much lower price. But btcd is a better example.

BTCD whales are little cute dolphins compared to monster Bitcoin holders.
If a whale invest massively in SuperNET, he will be forced to cash out later from SuperNET to NXT (on the asset exchange) then to BTC and then to FIAT.
So it doesn't make sense to use SuperNET as an exit for big volume.


token will be traded on bter. That's where big whales may dump.

Btc and cash whales could easily cash out anytime anywhere. So they not likely dump soon.  Nxt whale may dump a large volume. Btcd whale may willing to dump at lower price.    

The project sounds interesting. But the structure design of ico, is really a mess.  
I hope this just a design careless instead of on purpose.

Would not make much sense due to slippage. Might be better to do a direct whale NXT to whale BTC/Fiat broker trade.