DIGITEX(
https://digitexfutures.com/) is a Commission-Free BTC/ETH/LTC trading platform. Idea seems nice I am thinking to participate in ICO but I am little skeptical about it because of bad comments in its ANN thread. What do you guys think?
i dont know this ICO. the more i look into it the more it seems suspicious. i have asked some questions in group. no satisfied answer was given they have only created the FUD about no fee. it seems no body bothers to read whitepaper. peoples are being banned from telegram group and it seems the poster of this thread have no real answer for the questions and stopped replying as it is been a little while no question is answered. anyway my questions to all the no fee enthusiasts is that
after two year in 2021 digx price per token is $0.43 and 12 months cost is 10M so they have to issue 23.3M new tokens to cover this cost. (as example taken directly from white paper) which will cause "little" inflation for existing token holders and overall price of token will decrease to let say $0.40. fair enough ( technically that is your transaction fees right there because it is decreasing the value of your portfolio) but lets accept it. real question comes here that if everyone knows that in 2021 digx is about to issue new 23.3M tokens which will decrease the price per token from 0.43 to let say 0.40 ( TINY INFLATION) will every one not sell it before even the release of new token to save that inflation ( frankly if i knew i can sell at 0.43 and will have a chance to buy back at 0.40 why wouldn't i?) so if everyone start selling before the issuance of new tokens the price per token start to go down and they have to issue more tokens to cover that 12 month cost of 10M which will cause more inflation for existing token holders. anyone can explain this? if not i am good with transaction fee rather than no transaction fee. and why would you save transaction fee when you can lose chunk of capital value?
