It is a liquidity issue. for small amounts, you are correct.
however, try to buy 500 BTC worth of BTCD and see where the price ends up. probably 4x current price levels and certainly not any better price at all.
Yes I agree, in one of my previous comments :
https://bitcointalk.org/index.php?topic=1605144.msg17008454#msg17008454, I highlighted:
it was/is the best option for small to medium investments.
Having said that, I think there was plenty of time for small (to medium) investors to accumulate.
there is about 50 BTC of BTCD below the 0% bonus price. That is approx 2% of ICO volumes, so to equate the BTCD converted price as a substitute of ICO investment ignores the lack of liquidity.
That being said 50 BTC is a significant amount for any single person, who can get an effective bonus in the open market.
Yes, I agree that liquidity should be taken into account. I was reacting to the answer of KomodoPlatform which is, in my opinion, confusing, given what the asker probably meant by the question.