feel free to discuss, but no red Letter with SCAM please ^^
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Target : Bittrex Listing
Listing Price : 3 BTC
Soft IPO : 3 BTC Volume
10 Million [FIST]
30 Satoshi each
Phase I
--Closed Group during IPO : 10 Bagholder/Miner each of them participate with 1 Million [Fist] into the IPO Volume
The Whole IPO Volume go to Bittrex as Payment for her Listing after the IPO Ends
--These 10 User can Deposit during the IPO maximal 1 Million [FIST] into her Balance Page which get Locked and released after Phase II starts.
Phase II
--After The IPO End, There will be for 5 Days Aditional Restrictions
--No Deposits from [FIST] will be proceced during These 5 Days
--each one from these 10 User get his [FIST] Amount released which he deposit in Phase 1
The Maximal Availabe [Fist] Volume during These 5 Days is 20 Milion Coins on both sides
Theoretical no User would Dump more than 1 Million Coins lower than 15 Sat each during These 5 Days
even if this happend is the max financial Damage given to all Buyers not more than 2.9 BTC total
Phase III
--after 5 Days, No Restricitions and Business as Usual
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Discuss / On Pro / Contra
-PRO : any Kind of Risk is minimzed
-PRO : Max loose in Case of Coin Dumping is 2.9 BTC
-PRO : The Chance to Result Higher Prices then 15 Sat is very good
-PRO : No Forced BUY order needed if the IPO Ends. results through this low BTC Volume
-PRO : Costs get splitted between 10 - Unlimited Usern to get this Coin listed
-PRO : Even the risk is splitted by the amount of Usern .
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/ Public Discussion ON :
I must say it sounds interesting. It is clear benefit for coin.
We need to get to Trex. But i do believe we can get there even without listing for 3 BTC.
No need to rush.
We need time. We need new ideas to find new investors. Give them purpose to buy and we will reach Trex without any problem.
People hate IPO and me too. Idea is not bad, but it is not good for a coin. (think bigger)
Lets focus on development and smaller exchanges first.