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RE: The two tales of an ICO - 2 Conspiracy theories of EOS

in #eos7 years ago
  1. Buyers in the current rounds that 'top up' the price are most probably investors with large pockets. It is easy to keep the price relatively high compare to round 0 by slowly working up the price and use that extra push in the final minutes of each round. Seems to make sense if you are a round 0 whale.

  2. If EOS is already ready, it would be better if the EOS team keeps quiet during the ICO period then. It would be quite a bombshell if EOS is 'released' or shown in public before the ICO is over.

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The model of EOS' ICO is so interesting to me. There are many ways to explain why they choose to do it the way it is.

Conspiracy theory is for entertainment only :) thank you for entertaining the idea with me

You highlight as a fan theory and entertaining idea @qosh ... but could also be more truth in it! I'm barely struggling to work it out myself but others I know on here (particularly @murda-ra) are very detailed on these things - like whether Steem is all a pump and dump scam yet to play out (let's hope not)
I even had @ned reply to a comment on this very topic of Steem and therefore EOS being a scam

@britcoins Steem is a very successful pump and dump then. I like the idea of a platform but I can see how "whales" can be artificially created (reminded me those pay to win mobile game). However, overall as a community, I find a lot of great content, especially on altcoin and crypto stuff.