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Topic: Buy back ICO tokens after ICO - page 4. (Read 1103 times)

full member
Activity: 504
Merit: 115
Silent Reader~
January 06, 2019, 06:19:32 PM
#50
Actually, buyback program is not a good way and not a bad way for ICO tokens.

The buyback program is the one way to keep the price stable and reduce the fluctuations for ICO tokens.
And there are some people who say that the buyback program is a way to manipulate the ICO tokens prices and can reduce the credibility of the ICO tokens.
sr. member
Activity: 1250
Merit: 295
Palestine
January 06, 2019, 06:11:47 PM
#49
i think its a good idea but there is already some coin that are doing it and you can read it in whitepaper but what after buy they resell ? or they burn the coins
member
Activity: 238
Merit: 10
January 06, 2019, 06:10:56 PM
#48
It's a solid idea and I actually think we'll see it in action more often in the future.
I personally love buying tokens AFTER the ICO because the price immediately drops due to bounty hunters.
No reason why ICO teams won't do it unless they don't believe in their own token.
member
Activity: 259
Merit: 17
January 06, 2019, 06:08:21 PM
#47
I love joining that campaign because it means stabilizing the price of the token so it will always attract new investors to buy in those dip and there will always volume, but it becomes subject for abuse, as they will create fake volume in the market.
full member
Activity: 812
Merit: 101
January 06, 2019, 06:02:22 PM
#46
I think this is a privacy decision from the ICO team. not just countinghouses. but there are many coins that have good developments. like FLXX. and I think they have to make maximum offers to the public or big industries to increase the price of coins. so they will buy back coins from ICO. they worry that the value of coins will not be bull because the market is bearish and public trust in crypto is low.
legendary
Activity: 3346
Merit: 1214
January 06, 2019, 05:46:36 PM
#45
Hi,
just now I think about why past ICOs are not buying back their tokens for cheap price from bounty hunters and other dumpers?
Why they do not use money collected from ICO to do that?
Look at CountingHouse for example, they helping price to grow and it is really working!




Some ICO's are actually doing it, so they resell them at a much higher price or if the market conditions improve, but those ICO's that are doing these, has a good project and they are implementing what's on their roadmap and they reached their hardcap or even their softcap for them to do that.
jr. member
Activity: 322
Merit: 2
January 06, 2019, 05:43:48 PM
#44
Hi,
just now I think about why past ICOs are not buying back their tokens for cheap price from bounty hunters and other dumpers?
Why they do not use money collected from ICO to do that?
Look at CountingHouse for example, they helping price to grow and it is really working!


I honestly don't see any need for them to buy back the tokens. What is need for them trying to keep all the tokens, whereas the tokens should be distributed and held by as many users as possible.
full member
Activity: 602
Merit: 146
January 06, 2019, 05:35:17 PM
#43
Buyback program is good if the tokens will be use for promotion or dedicated for token burning, I see few projects doing this kind of strategy to push the value of their token to rise but not all of them was successful because they lack the demand for token or the product has not been publish.
member
Activity: 378
Merit: 10
January 06, 2019, 05:34:53 PM
#42
I've heard this strategy but it's done if the project truly believes that their coins can have a higher price than the price of the ico so they will be happy to do it, but the problem is if they themselves are not sure of their own coins, they will want to buy it because it will only throw away their money
full member
Activity: 265
Merit: 102
January 06, 2019, 05:19:00 PM
#41
OP i see that in xrb that promote by big faucets like the price grow little by little for one year so better to have big funds in ICO like you point then another thing their coins/tokens can drops also like vice versa that the price go down little by little and the developer not buy their own xrb then users,traders and investors see the potential of this so they try to risk in this so this will grow little by little
full member
Activity: 1498
Merit: 129
January 06, 2019, 05:28:47 PM
#41
Buy back is a strategy to create scarcity thereby increasing the price of the token. You talk about why are they not buying back the token they sold from the hunters but with the present situation about crypto market, how many ICO do you know that reach the hardcap. Even the minimum investment needed (Soft cap), many are still struggling to reach it and this is the reason why you see most ico running for 2to 3 months before they end says. The point is that the market is not favourable. ICO are not making alot of contribution like ever before. if they can not get money to develop the project, how will they get money to buy sold token
full member
Activity: 406
Merit: 106
January 06, 2019, 05:23:13 PM
#40
Most of the projects after ICO are not at all interested in the price of tokens, and even in chat rooms they write that they are developers and they are not interested in what happens there with the price. In such cases, it is immediately clear that the developers wanted to collect only money and are not interested in anything else. It turns out that the tokens that they have blocked for themselves they do not need at all, since they do not.
member
Activity: 448
Merit: 20
January 06, 2019, 05:15:59 PM
#39
Hi,
just now I think about why past ICOs are not buying back their tokens for cheap price from bounty hunters and other dumpers?
Why they do not use money collected from ICO to do that?
Look at CountingHouse for example, they helping price to grow and it is really working!


For serious projects, they do this in accordance with the token price promotion program, as well as the burning of some Tokens
But it is in small percentages because the money they collected has other uses in completing the project from buying equipment or hiring competencies ... etc
jr. member
Activity: 784
Merit: 6
January 06, 2019, 05:05:49 PM
#38
Most projects these days are finding it difficult to raise money and this has been an issue for quite some time now. Some just manage to raise softcap and then the token sake is over. Funds like are spent in the project to get good product. When they decide to buy back without developing their product, it will amount to waste of money, because it will still dump, but a good working product helps the project to grow.
sr. member
Activity: 840
Merit: 266
January 06, 2019, 01:49:13 PM
#37
If there is a plan to buy back tokens from investors or even bounty hunters you will find it clearly mentioned heavy marketed in there ICO phase and you will see it mentioned in their whitepaper and roadmap, if there is no plan to do so from the start then they are not obligated to do it, some other ICO uses some other forms to help maintain their own token/coin price such as Burning events and Airdrops to holders, and in most cases these things will also be there in their roadmap from start.
full member
Activity: 602
Merit: 100
January 06, 2019, 01:40:26 PM
#36
There are some projects that are doing so but there are very few projects like these ones. The reason I think is because most of ICO are projects from scratch so ICO funds are essential for development of project and so they can't buy back their tokens.
sr. member
Activity: 1190
Merit: 253
January 06, 2019, 01:34:08 PM
#35
Hi,
just now I think about why past ICOs are not buying back their tokens for cheap price from bounty hunters and other dumpers?
Why they do not use money collected from ICO to do that?
Look at CountingHouse for example, they helping price to grow and it is really working!


Well, it all depends on the team. It is a good thing that some buy back their tokens to be able to make their tokens stable but on the other hand, some companies tend to use the funds for the development of the project. If the project will do well then there's no need to buy back because the tokens will rise up like a charm. When the company will have enough funds to buy back after the launch of the project then that will be a double win for the project and from the users who have their tokens.
full member
Activity: 700
Merit: 101
January 06, 2019, 01:08:20 PM
#34
Hi,
just now I think about why past ICOs are not buying back their tokens for cheap price from bounty hunters and other dumpers?
Why they do not use money collected from ICO to do that?
Look at CountingHouse for example, they helping price to grow and it is really working!


I don't really understand, why do most of the ICO projects that end successfully, not buybacks, doesn't that help the price of their coins so they don't fall? like the OP example of the Counting House (CHT) project
member
Activity: 532
Merit: 10
January 06, 2019, 01:01:33 PM
#33
Hi,
just now I think about why past ICOs are not buying back their tokens for cheap price from bounty hunters and other dumpers?
Why they do not use money collected from ICO to do that?
Look at CountingHouse for example, they helping price to grow and it is really working!



I don't think this is right. better is not to buy when ico but buy when already listed on the exchange. this is more profitable because all new coins must be destroyed when they first enter the market.
copper member
Activity: 101
Merit: 2
January 06, 2019, 12:27:10 PM
#32
Hi,
just now I think about why past ICOs are not buying back their tokens for cheap price from bounty hunters and other dumpers?
Why they do not use money collected from ICO to do that?
Look at CountingHouse for example, they helping price to grow and it is really working!



Yes. Buying back is good for token price. But I think it should be applied for projects which raise over softcap too much. If they just focus on keeping their token price, they may not have enough to implement project.
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