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RE: Wait I thought everyone holds long term?

I was referring to the abbreviation of the coin 😎.
On a more serious level: people who do invest into ICOs and maybe crypto in general are nostly short sighted. Just like Steem they see it a as a quick rich scheme! Now that the market is plummeting people get scared and do want to minimize their losses!
Question: how many people have read a whitepaper before investing in a coin? Not even 25% and that’s maybe way too positive!

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Facepalm!!!!!!! Very well said.