Author

Topic: what the mean of ICO PRICE (Read 1555 times)

newbie
Activity: 43
Merit: 0
June 04, 2016, 08:29:44 AM
#7
hey guys,
I was recently trading at yobit, and found a strange word that ICO or ICO PRICE. Please tell what mean of that words?
Sorry if the post like this ever existed, if there please give me the link Smiley thank you

I wonder if you are asking cause you got some overpriced virtual Waves from them... ?
sr. member
Activity: 322
Merit: 250
June 04, 2016, 06:49:45 AM
#6
hey guys,
I was recently trading at yobit, and found a strange word that ICO or ICO PRICE. Please tell what mean of that words?
Sorry if the post like this ever existed, if there please give me the link Smiley thank you

An ICO means Initial Coin offering. The development team for the coin distributes the coin initially by selling them. The ICO price is the amount that was charged for 1 coin during the ICO.

Hmm, I became more understanding. thank you deign to answer my question. have a nice day Smiley
full member
Activity: 196
Merit: 100
June 04, 2016, 04:59:26 AM
#5
it's good to have a bottom, you know the price won't fall lower

Once it begins trading, the price can fall to zero.
It doesn't matter what the ICO price was.  Smiley

Successful launch of coins can get up to 10x the ICO price though. Lisk had a disaster laucnh and still is traded 3x ICO price. In 10 day we will see how the Waves launch will be.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
June 04, 2016, 03:36:09 AM
#4
it's good to have a bottom, you know the price won't fall lower

Once it begins trading, the price can fall to zero.
It doesn't matter what the ICO price was.  Smiley
member
Activity: 63
Merit: 10
June 04, 2016, 03:27:48 AM
#3
it's good to have a bottom, you know the price won't fall lower
legendary
Activity: 1806
Merit: 1826
June 04, 2016, 01:36:07 AM
#2
hey guys,
I was recently trading at yobit, and found a strange word that ICO or ICO PRICE. Please tell what mean of that words?
Sorry if the post like this ever existed, if there please give me the link Smiley thank you

An ICO means Initial Coin offering. The development team for the coin distributes the coin initially by selling them. The ICO price is the amount that was charged for 1 coin during the ICO.
sr. member
Activity: 322
Merit: 250
June 04, 2016, 01:31:33 AM
#1
hey guys,
I was recently trading at yobit, and found a strange word that ICO or ICO PRICE. Please tell what mean of that words?
Sorry if the post like this ever existed, if there please give me the link Smiley thank you
Jump to: