Post
Topic
Board Altcoin Discussion
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
by
nutildah
on 10/09/2017, 18:45:34 UTC
Why it keeps dumping

Because they issued a huge number of tokens and the staggered, ongoing ICO process (already several million dollars too big) means there are far more sellers than buyers. Everybody who wanted to get in on the ICO has done so already. Why they don't close it up and concentrate on release of their final product is anybody's guess. They certainly don't need any more money.