I personally think that letting the value of a coin fall below the ICO price is a big problem in a ICO. developers should do something about it they always reason that it is because of bounty hunters dumping their coin but for me that isn't a good excuse especially for the investors.
For me The value of a coin or a token is a developer's responsibility, they should do anything to maintain the the price close or even above to ICO price, because this will be a factor for the investors to get tired in investing they would rather prefer to invest after ICO when the price drastically falls down.
Dev's should place a buy wall when the value of their token falls 25%-30% of the ICO price in that case the value of the token will be maintained or even go up and they will attract more investors in their project if they will do that.
This is only my opinion, correct me if im wrong. Whether you agree or disagree i would love to hear your thoughts and opinions about this matter.
I don't think you are wrong... no one is wrong in this scene. But you have to understand that price of tokens or alts is purely what the market deems it to be. If you think about it, true development should not focus on price control but on the project. Investors should realise that ICO = guaranteed profit. Price is NOT a concern of developers and should not be. You are talking about manipulation of market by creators, which means the alt won't be decentralised.
But the good point is from bounty hunters. ICOs shouldn't give bounties, or not too much. Less than 1% in my opinion.
Thanks, but i think putting a buy wall if the price of the coin is down cannot make the coin not decentralized. Lets say for example you have 100 btc then you pump the coin, whales manipulate the market, majority of the alts are manipulated some is pumped some is dumped, but still we call them decentralized,
What i am really pointing is if devs really care for the project he must not let the value of his token or coin fallbelow its real price, they must do something immediately (putting a buy wall is just one) to make his project rise again.