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Topic: EOS DUMPING ETH? (Read 193 times)

sr. member
Activity: 1190
Merit: 250
Buzz App - Spin wheel, farm rewards
March 20, 2018, 04:35:30 PM
#15
I have not really understand eos, is eos so strong that eos dumping eth price? if eos will rival eth maybe i need to learn eos to be used as investment coin forward in order to get profit
jr. member
Activity: 182
Merit: 1
March 20, 2018, 04:30:50 PM
#14
When will EOS release their main network? Directly after the ICO? Huh

Exactly - see https://eoscountdown.com/

newbie
Activity: 17
Merit: 0
March 20, 2018, 04:18:19 PM
#13
EOS is a great project
legendary
Activity: 1162
Merit: 1002
March 20, 2018, 04:01:40 PM
#12
Hi I just wanted to understand the ramifications of EOS dumping a sizeable chuck of the eth they raised through ico on the market. Is this more of an issue with the long term prospects of ethereum or EOS?

They moved 50 000 ETH to Bitfinex but it's not a hundred percent proved that they already dumped it.
My guess is this is a competitor moves to put down the ETH price and make people notice EOS more.
full member
Activity: 448
Merit: 100
March 20, 2018, 03:58:52 PM
#11
I think so because this crash is not natural for me  Roll Eyes probably project owners realized that market is going to crash hard and they wanted to dump their some eth. It is bad eth is fund of companies
full member
Activity: 308
Merit: 105
March 20, 2018, 01:39:46 PM
#10
Hi I just wanted to understand the ramifications of EOS dumping a sizeable chuck of the eth they raised through ico on the market. Is this more of an issue with the long term prospects of ethereum or EOS?

For EOS it's within their remit to convert the funds in to fiat so they can develop their tech. For Ethereum it's always been a problem and always will be, it will be the same for EOS if they ever launch their blockchain and run ICOs on it, there's a large demand to buy ETH but then it can be dumped by the ICO creators.
full member
Activity: 378
Merit: 100
March 20, 2018, 12:26:07 PM
#9
I am not familiar with EOS, one of the coins that owns ICO and raises a lot of money through platforms like ETH and other platfortm, but they receive ETH tokens and when they can get rid of them. this is what needs to be noticed, among ETH investors because ICO requires big demand for Ether and at the same time they can make big dumps too. and if at the moment ICO stop being made, when they are banned, big demand for Ether will be lost and only dumping that will remain.
sr. member
Activity: 546
Merit: 250
March 20, 2018, 12:19:00 PM
#8
It's a natural progression
They need to deploy the raised fund
I'm still long
https://www.coingecko.com/en/price_charts/ethereum/usd
legendary
Activity: 1078
Merit: 1059
FROSTING
March 20, 2018, 12:13:45 PM
#7
EOS is a very powerful ETH holder. If you sell everything, there can be a huge drop in price.
full member
Activity: 406
Merit: 100
BAILOUT
March 20, 2018, 12:09:19 PM
#6
As ethereum price decreases even crashes, some projects may cash out their ethereum in order to be able to cover their future expenses. If they have not cash out when it is high, it was bad decision for them.
newbie
Activity: 11
Merit: 0
March 20, 2018, 11:24:03 AM
#5
When will EOS release their main network? Directly after the ICO? Huh
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
March 20, 2018, 09:40:52 AM
#4
everyone is dumping ETH these days because of the fear they have. and that is in fact the main reason why the recovery that ETH had was smaller than the recovery that any other altcoin had, because of this sell pressure that has been going on. EOS may be just one of them

i expect them to pump it at some point in near future though, but i don't know how successful the pumping team of it is going to be this time.
member
Activity: 196
Merit: 12
March 20, 2018, 09:38:50 AM
#3
the information I receive the EOS blockchain protocol claims to be ideal for a decentralized application horizontal scale that allows developers to build high performance applications that do not operate on the same chain, handling millions of transactions per second, this is remarkable because it means companies can build enterprise-level decentralized applications, maybe because of that investors start to glance at EOS
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
March 20, 2018, 06:48:18 AM
#2
i am not familiar with EOS bu any of the coins that has an ICO and raises a lot of funds through a platform like ETH, they are receiving ETH tokens and they can dump those whenever the time comes. this has always been a big concern among ETH investors because ICOs are creating a huge demand for Ether and at the same time they can create a huge dump too. and if some day ICOs stop being created, like in case they are banned, that big demand for Ether will vanish and only the dumping will remain.
newbie
Activity: 74
Merit: 0
March 20, 2018, 06:25:53 AM
#1
Hi I just wanted to understand the ramifications of EOS dumping a sizeable chuck of the eth they raised through ico on the market. Is this more of an issue with the long term prospects of ethereum or EOS?
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