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RE: Update on Billionaire Token ICO - Almost 2 Million Coins Sold - Code Released to Github - Upcoming Exchange Listing

in #cryptocurrency7 years ago

Aren't we pushing this crypto currency market too far? what would happen if every programming team starts its own ICO? wouldn't the price of all currencies drop dramatically?

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Possibly. The market has a way of flushing out the coins with no future. It's one the biggest advantages of having a free market. Could it flood the market? Sure. But all of them cannot be successful.