I don't think this tactic ever works unless your prepared to lose some serious money have investing billions into buying ethereum coins lol
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I don't think this tactic ever works unless your prepared to lose some serious money have investing billions into buying ethereum coins lol
Look into it ;) Here is the article.
so thats only 5%-10% at of the market and slowly declining every block. Why would they buy a shit ton of coins only to try and attempt to crash the price if they sold everything in one shot thats only $80 decline we see that on the daily lol
Because they are a competitor? If they would move that much. 5 million coins is 4 billion dollars and that is tripple the daily traffic. That will cause big changes very clearly. More like 3x80=$240-480 difference potentially. 5-10% is not a small amount. And now I haven't even added in the sheep effect that they may cause so move to even $100-200 per Ethereum coin. Plus they are slower in speed compared to EOS goal. Currently we are using a platform that Dan helped create so clearly he is a genius so I wouldn't underestimate his future projects!