Petition to restore TFX tokens to minimum USDT value with immediate effect


Guest

/ #36

2023-01-18 13:50

Hi, as you have mentioned, there must be more demand than supply for the coin price to go up. Can the $10 million daily fund be used directly in the exchange? We can see there are hardly any trades in the exchange, and there are less than 5m coins on both buy and sell trades. If you purchase $10m daily, the price should go right up. The trading volume is only about 1 million. Once the price goes up, investor confidence may regain, and there would be less selling pressure. Alternativley pls remove the exchange and provide a peer to peer OTC exchange. Everyone list their coins for sale. Those who wish to buy will buy it at $1 form the exchange. This way, there is no way to sell the coin at less than $1. THe company act as the escrow agent. The buyer puts in an order to buy $10,000 worth of coins. Seller escrow 10,000 coins. Seller account sends to Buyer to collect payment. The seller confirms the money is in. The company release the coins. With regards to matching who with who, the company can have a mechanism to have first in first out but for a huge amount, perhaps include the mechanism to break down to multiple sales. Privately, we can still sell to our own community using the escrow service. Is the above possible?If not remove the exchange till confidence is restored will be best.