I will no longer ban people for attempting to buy or sell EBX at a price less than $1.00.
My intention in creating the minimum price policy was to discourage pumping and dumping the coin like a penny stock. However, the reality has been to decrease trade volume to nearly zero, indicating the true price is something less than $1.00.
I don’t know what the true price of EBX is and only the market can figure that out. The best way to prevent pumping and dumping the coin is actually to grow the market for EBX, not enforcing a minimum price.
From today onward, I have removed the “minimum price” language from the terms of service and will no longer enforce it. You will not be banned for creating bids or asks less than $1.00.