the way the EOS ico is running, sounds very bad for early investors.
imagine the subsequent 360 days ICO, each day has to have at least 1% of the total first 5 days investment to maintain the price, the early investors are going to have a nervous time for the rest of the year!
that is why I am not buying.
I understand this is a price discovery mechanism. But almost certainly, 1 of the 200 days someone else will get a better deal.
200 days consistency in crypto is impossible.
I think they said they are using the presale money to pump up the price. Something about "recycling the funds".
I have no interest in it whatsoever. They plan on letting someone else launch a chain (or launch their own with a second ICO) using whatever they develop with the money raised. These minus well be Barney tokens.
EOS could replace Ethereum and you'd still be left with a worthless token as it would be doing so under an actual chain that someone else would own.
"Her dur well I helped pay to fund your chain and tech"
"Cool story bro. Too bad you don't own any of it."
Show Posts
