I think that all these ICO running in Ethereum have a negative impact on the coin, these companies are dumping the coin as soon as it hits up the $280 mark, driving the price down. Holders with large amount of ETH can't be good for any coin, thoughts?
Yes, Indeed it is.
Ethereum is taking too much time to recover..
From those graphs eth seems a bit disconnected from bitcoin and closely resembles ripple's patterns while litecoin is following bitcoin closer. I wonder if this has something to do with a possible flippening and the 1 aug segwit adoption?
In terms of ICOs I am holding some EOS which feel quite dangerous to be honest and is giving me a bit of a headache :))
@deterrencepolicy how can I get some EOS? I'm in the US
@jarib it's on Kraken
Beware the creators have stated that it is basically a crowd funding tactic to get their next platform off the ground. The EOS ICO will become "frozen" at the end of the ICO (sometime next year)... not sure what they will do with them at that point - one hopes they will transfer to the new platform but who knows
Thanks, it may be worth it to trow $100 at it but not much for now. I try opening an account with them today at it looks like it takes them weeks to approve.
If you're in the US it might pay to open accounts on multiple exchanges because they often go down at the worst possible moment.
That's a good idea, what do you recommend besides Coinbase, Bitstamp and Kraken?
In terms of volume Poloniex and Bitfinex are popular but there are plenty of others
https://www.cryptocoincharts.info/markets/info
It's a continuous cycle right now because ICOS are dumping newly acquired ETH for "real" money to pay the bills. At the same time you've got new fiat coming in to the market to buy next week's newest ICOs
What's new next week? @thoughtchain