Author Topic: EO rounds operation buy out process  (Read 94 times)

ayuluv

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EO rounds operation buy out process
« on: January 20, 2019, 01:02:16 pm »
There are some flaws with the previous EO rounds. EO round is good but people abuses it by listing low price before EO registers and hence EO will have low price so that people can do arbitrary trading in F1CX which is not so healthy since it demotes the growth of MTC.

EO rounds starting price should be calculated base on a certain average depth with value taken straight away after all instant buy out from EO (for weak hands). The time it was done should not be revealed so that people could guess when will the average price be taken.

All weak hands should be buyout from EO instantaneously without waiting for rounds to complete and such to ensure price stability and potential if this is the direction EO is heading.

With some of these points intact, rounds can be continued to promote distribution of MTC

honglu69

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Re: EO rounds operation buy out process
« Reply #1 on: January 20, 2019, 11:34:06 pm »
There are some flaws with the previous EO rounds. EO round is good but people abuses it by listing low price before EO registers and hence EO will have low price so that people can do arbitrary trading in F1CX which is not so healthy since it demotes the growth of MTC.

EO rounds starting price should be calculated base on a certain average depth with value taken straight away after all instant buy out from EO (for weak hands). The time it was done should not be revealed so that people could guess when will the average price be taken.

All weak hands should be buyout from EO instantaneously without waiting for rounds to complete and such to ensure price stability and potential if this is the direction EO is heading.

With some of these points intact, rounds can be continued to promote distribution of MTC


For Bruce to get feedback on EO/F1CX from Marinecoin members, and then improve the current EO system, from product design or feature enhancement, that is still a "development", not a "freeze" on development.  I would like to hear from Bruce whether he is willing to do  this small incremental  dev work or not.  If he is willing to do, even at quite slow pace, still a big plus on MTC long term prospect.
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ayuluv

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Re: EO rounds operation buy out process
« Reply #2 on: January 24, 2019, 02:46:34 pm »
For things to change, you have to change.
For things to get better  you have to get better.

Jim Rohn

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Frank

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Re: EO rounds operation buy out process
« Reply #3 on: January 25, 2019, 03:32:53 am »
Now there is only one way to increase MTC prices by reopening the round. Bruce will be rich when MTC prices rise.

 

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