Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Mafia8888 on June 23, 2017, 08:12:38 PM



Title: ICO WALL !
Post by: Mafia8888 on June 23, 2017, 08:12:38 PM
Maybe you have wider info about ICO walls?
I do not understand ICO TYPE :
https://yobit.net/en/newico/

THANK YOU ! ! !


Title: Re: ICO WALL !
Post by: klarki on June 23, 2017, 08:48:54 PM
Maybe you have wider info about ICO walls?
I do not understand ICO TYPE :
https://yobit.net/en/newico/

THANK YOU ! ! !

What you specifically do not understand?


Title: Re: ICO WALL !
Post by: Tradeforfun on June 24, 2017, 06:34:50 AM
ICO walls are there to protect investors (or a part of them).
They are Buy Walls, let me explain it better:

Es: 50% buy wall

ICO dev want to sell coins at 30 satoshi. The ICO complete successfully and dev raised 50 BTC.
50% buy wall means that 50% of that raised funds is located on a buy wall at the ico price for 4 days.

So, in this example -> buy order of 25 BTC at 30 satoshi.

Higher % -> better for investor, bad for dev
Lower % -> bad for investor, better for dev



Title: Re: ICO WALL !
Post by: cjnmoh on June 24, 2017, 08:49:54 AM
Maybe you have wider info about ICO walls?
I do not understand ICO TYPE :
https://yobit.net/en/newico/

THANK YOU ! ! !

ICO is nothing extra meaning but the same as Initial public offering that is offered by public company. But in the case of ICO the sense of meaning is same and there is no regulation for this investment pool. This process of investment is totally decentralized and a mutual understanding between the investor and the company.


Title: Re: ICO WALL !
Post by: Mafia8888 on June 24, 2017, 03:50:17 PM
Thanks to ALL !


Title: Re: ICO WALL !
Post by: wantjokull on June 24, 2017, 04:06:03 PM
ICO walls are there to protect investors (or a part of them).
They are Buy Walls, let me explain it better:

Es: 50% buy wall

ICO dev want to sell coins at 30 satoshi. The ICO complete successfully and dev raised 50 BTC.
50% buy wall means that 50% of that raised funds is located on a buy wall at the ico price for 4 days.

So, in this example -> buy order of 25 BTC at 30 satoshi.

Higher % -> better for investor, bad for dev
Lower % -> bad for investor, better for dev



I understand the part where you explained about dev selling his coins at 30 Santoshi and later the success got him xyz price for ICO in bitcoin form. But what I don't understand is why he is in loss even though he gotten the highest possible returns because he started at 30 Santoshi per coin and the price will be risen after the launch if it? I mean I'm new in this sort of calculation and I want to learn this to invest properly.


Title: Re: ICO WALL !
Post by: Tradeforfun on June 25, 2017, 07:17:08 AM
ICO walls are there to protect investors (or a part of them).
They are Buy Walls, let me explain it better:

Es: 50% buy wall

ICO dev want to sell coins at 30 satoshi. The ICO complete successfully and dev raised 50 BTC.
50% buy wall means that 50% of that raised funds is located on a buy wall at the ico price for 4 days.

So, in this example -> buy order of 25 BTC at 30 satoshi.

Higher % -> better for investor, bad for dev
Lower % -> bad for investor, better for dev



I understand the part where you explained about dev selling his coins at 30 Santoshi and later the success got him xyz price for ICO in bitcoin form. But what I don't understand is why he is in loss even though he gotten the highest possible returns because he started at 30 Santoshi per coin and the price will be risen after the launch if it? I mean I'm new in this sort of calculation and I want to learn this to invest properly.

No, Dev is not in loss. But for example he raised 50 btc, then he put 25 BTC has 50% buy wall. Then if many investors sold tokens back to that wall, dev will buy back tokens but he will have less BTC for creating the project.

Without the buy wall he would have 50 BTC


Title: Re: ICO WALL !
Post by: NorrisK on June 25, 2017, 07:25:53 AM
Sounds to me like an easy way to get more coins into their own pockets :P

Not sure its needed too. If you buy ICO you are in and should not have a way out.


Title: Re: ICO WALL !
Post by: Caladonian on June 25, 2017, 07:28:35 AM
ICO walls are there to protect investors (or a part of them).
They are Buy Walls, let me explain it better:

Es: 50% buy wall

ICO dev want to sell coins at 30 satoshi. The ICO complete successfully and dev raised 50 BTC.
50% buy wall means that 50% of that raised funds is located on a buy wall at the ico price for 4 days.

So, in this example -> buy order of 25 BTC at 30 satoshi.

Higher % -> better for investor, bad for dev
Lower % -> bad for investor, better for dev



I understand the part where you explained about dev selling his coins at 30 Santoshi and later the success got him xyz price for ICO in bitcoin form. But what I don't understand is why he is in loss even though he gotten the highest possible returns because he started at 30 Santoshi per coin and the price will be risen after the launch if it? I mean I'm new in this sort of calculation and I want to learn this to invest properly.

No, Dev is not in loss. But for example he raised 50 btc, then he put 25 BTC has 50% buy wall. Then if many investors sold tokens back to that wall, dev will buy back tokens but he will have less BTC for creating the project.

Without the buy wall he would have 50 BTC
its just a way to assure investors that they can possibly gain back what they invested with the problem is when the buy wall already been dissolved meaning that the dev will be needed more coins to make progress with his project so the other half would be for this allocation and dev needs to continue everything inside his road map but it will be longer than he expect since that he needed to put this buy wall.