I expect it to fall to sub 300 levels ... This seems to be a new strategy by these new icos ... give no news out ... let the price fall as much as it can .... buy them all back with the same funds that were handed to them ..... and then give some good news ... rinse recyle and repeat .... If this shit were regulated these bastards would be in JAIL !
Your theory seems to be true, for instance look at ICONOMI, Antshares, Firstblood, Waves, Singularity. they have all dropped below the ICO price some have even dropped more than 60% of the ICO price. I assuming I decided to buy when the price dump to before buying, I would have made a steal of coins like SNGLs
Yes also dont forget Navajocoin, i think summercoin aka navajocoin is the biggest one with this scam trick, they do it now for more then 2-3 years!!
They go away, price drops, they come back with fake news, price go higher, dev's sell and again and again for many years now.
I also bought some from this scam ico, it was also the last ico i joined. I see many ico's on this forum, many pump words but i know 1 thing for sure: its all very, very fast scam.
Before it was the premine, now the ico, now i also see coin dev's host there own ico on there own website.... That just mean one thing: GIVE YOUR BITCOIN DIRECTLY TO ME AND I WILL GO AWAY WHEN I RAISED ENOUGH BITCOINS.
They should hang in a three those fucking thiefs, just like ChronoBank, same scam same shit.
Tell me, what is the most succesfull coin? Yes it's Bitcoin. How many did the creator from Bitcoin earn with the ICO? 0, why? There was no ICO.
All succesfull coins did it without an ICO, ICO is just the new word for: THEFT.