But if the amount of ether sold continues to get bigger, i mean there is almost a month left, if at the end of this sale there are 200 millions of ether sold, what would you do? do you think a new brand alt coin will support a 100,000 btc price? this ipo can get trapped on his own success. at least for investors, not for the owners.
Yes, that was my theory as well. Also the reason I wagered that >25000 BTC will be invested (even suggested that up to 50000 will be invested!)
My rationale behind this is the following, the amount of BTC that needs to be pumped into this coin after the launch will be enourmous, if now all people buy in the IPO, this number gets bigger and bigger in addition to that everyone already bought that was interested! So who will be the buyers that buy at over IPO prices?
I don't know that, and most others don't either!