Re: [ANN][CRAIG] CraigsCoin | FEW HOURS LEFT FOR ICO | 5+ POD ~ Bittrex ICO |
if everyone who bought has half a brain and refuses to sell under the IPO price, it wont go under the IPO price!!! Simples! 
+10000
Anyone who sells under IPO price in the first days of trading should think about other profession than trading.
Manipulation can occur, but it can be easily stopped if no one sells !
Let's say a "whale" buys in IPO and tries to push price down, all you need to do is buy those dumps... they will run out of coins and it will take him a brief moment to understand that he is gonna be in huge loss.
Than the only thing he can do is drive the price up with all his means.
It's you, the investor, who decide if a manipulation scheme will work out or not.
Yes, that makes perfect sense. Although you failed to think of the 1 problem that every ICO has. The actual dev invests 90% of the BTC that went into the ICO, starts dumping all of their coins for any price and bye bye dev.
I think this one is different though. I see a nice 500% or more profit within the first week.
How can the dev invest any of the BTCs of the IPO if they are all tied up in Escrow, dev can only buy with what funds he already has , not btcs from the ipo!!