Why it keeps dumping
Because they issued a huge number of tokens and the staggered, ongoing ICO process (already several million dollars too big) means there are far more sellers than buyers. Everybody who wanted to get in on the ICO has done so already. Why they don't close it up and concentrate on release of their final product is anybody's guess. They certainly don't need any more money.
I agree. Their excuse was to make sure anyone who is interested can get in during this 1 year period.
Those who are interested must have already invested.
I have barely bought in on EOS yet and still want to invest. Those who bought in early bought on hype. I am planning to buy more and there are probably a lot more who want to invest,
but the year long ICO and increasing supply is going to keep crushing the price. This is how all mineable coins work. People buy them when they are launched and lose big due to inflation, not much different here. It's about strategy trying to understand when to buy in.
So many of us hate to wait in crypto, but that's the best way to time the markets.
in bold
why do we not say the same things about all the cryptocurrencies out there that are mined?
ETC has a close to $1.5 billion market
what has ETC as a project achieved?
LTC has a close to $3.5 billion
what has litcecoin project achieved?
BCH has close to $9 billion market cap
what has BC achieved so far?
i understand your argument, but it is not convincing enough
