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RE: What is an Initial Coin Offering or ICO?

in #cryptocurrency7 years ago

There are indeed way too much ICOs going around. Regarding EOS I'm not sure if price is destined to keep on going down. There will be some news on a regular base. Also the price of the ICO is not always lower than the exchange price. I mean this is not 'free lunch' for 'smart' investors. Does that even exist a smart investor :) ?

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Yup, and they're taking advantage of some really exciting arbitrage opportunities going on right now - https://medium.com/saske/the-art-of-the-trade-d46b4618bcd5

I am very pessimistic about EOS, the ICO will go on for MONTHS and i guess the demand will go down soon and so will the price.

We will have to wait and see :) I expect some news soon on the development. But ok not necessarily positive :)