RE: Upcoming ICO's! Who are you looking at?
I have a strong suspicion about EOS. First, I missunderstood their ICO terms. Didn't expect it to be tradeable immediately. But now it all makes sense, and might be the biggest scam ever.
They have collected 650000eth in their first round. That's their capital now. If they get more than 6500eth in the second round, which is 100 times smaller, it will seem there is rising market demand. So, it is enough for them to put 1% of their newly scammed capital back in to their own ICO to 'break even'. If they sell it at ever rising market prices, they will be able to multiply those 650k easily. And since it's a closed market, they have almost full control over it - a pump / dump paradise. With stolen eth!
If this is really just a rebranding of Bitshares, I tip my hat to the scammers. Well played. I hope there is something illegal in this.
https://github.com/EOSIO/eos/commit/7584ca2f927cb4179b8b02e9ca90884b661750dc
I was well aware of what was going on with the EOS ICO. Is it Bitshares relabeled? I can not say on that... I have been a strong supported of this communtiy and perhaps it is a pump and dump... I know that at $3.75 EOS is outlandishly overpriced!! For those still buying in the ICO it has become a golden goose. People are buying in the markets on pure speculation. If we pay attention we should at least avoid getting burned. Steemit has been a wealth of information for me and I hope it will be for others. This is why I like discussion. Thanks for your comment and happy trading.
Peace,
The Last Sage