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RE: DO NOT Buy EOS !!! Your $$$$ is Needed Elsewhere!

in #eos7 years ago

The EOS ICO was designed to allow as many people as possible to get in on it, so the price seems to be as planned. How could it possibly moon when millions of new coins are being pumped in every day?

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It was designed to raise as much as possible without giving away free money to ICO investors. As Dan said, to sell with a hardcap it's like giving away free money. They wont give away free money, so now you are buying tokens that are decreasing in value and it should continue to decrease. I can imagine the price going to 10 cts or even 5 cts.