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RE: The case of Banx & C-CEX
the price has a minimum set because we needed to raise a minimum amount of money to launch the company. It's pretty easy to understand surely.
the price has a minimum set because we needed to raise a minimum amount of money to launch the company. It's pretty easy to understand surely.
– "Mister, why did you rape that woman?"
– "Well, I just wanted to have sex. I'm sure you understand, there was nothing unethical about that because it is the only way I can have sex!"
If price manipulation is the only way to raise money, your business doesn't deserve any investments. It's pretty easy to understand surely.
If you had really wanted to do that legitimately, you could have done normal ICO where the price is completely set by you and no coins/shares will move until ICO is over. Why didn't you choose to do that?