You are viewing a single comment's thread from:

RE: Draft EOS Token Sale Smart Contract

in #eos7 years ago

I was thinking the same thing. Maybe running some math to figure out what an average cost per coin might be over the whole year and then commit to purchasing around that amount each time.

What's fascinating to me about this is how it will be happening at the same time the market is dynamically determining a value signal. On some days the open market might be a better "gamble" than other days putting money directly into the ICO. I'm really curious to see how this all goes down. I have a hunch some people are going to be really butthurt if they go in big on a day where their actual cost per token is higher than others. Might create some really interesting buying/selling signals on the market also as different people will have different anchoring points as far as their personal value assignment.

Sort:  

There's so much at play here not just the price of EOS tokens but the price of ETH and BTC over that time period!

Yes, but I like how it's spread out. Meaning, if the price of ETH or BTC spike or crash on any given day, someone can wait until a different day later in the year to make their purchase at a different valuation. At the same time, everyone else will have that same information so they might also wait which creates an opportunity to get in when few others are involved that day. It's going to be really, really interesting to analyze how everyone reacts to this.