it seems the price will not rise high until the ico end
Ah I would not count on that. When BTC peaks, then there might be a lot of FOMO money spilling out into alts. And looking at major alts, there are not that many solid choices. So many speculators are perhaps going to look at ETH at $28 billion marketcap and EOS at $0.5B mcap, and somehow equate the two since EOS will have a first-mover advantage higher transaction volume capability (even though it is just vaporware and a lot of work to get to point that ERC-20 tokens are being issued on EOS someday).
Betting against FOMO-fever is not wise. It will all probably come crashing down someday, but probably not in 2017. I think the prior decline in price before the recent hype about accelerated progress, was probably the down move for 2017. Alts are about to catch a bid after mid-November.
Theres no argument from me about them being astute at money grabs. Their timing was impeccable.
Unlike @chryspano, I am not going to intentionally lie to you to try to force the reality to be different than it is, so I can end up being wrong later. Ill call a spade a spade.
Even the 0.5 billion shares still to be issued, does not put EOS at $28B mcap yet. Isnt the FOMO-fever capable of pushing EOS up to near ETHs mcap in spite of it being not yet launched, nor even to be a mature product when it is launched in middle of 2018?
Please do not tell me that suddenly our ecosystem will become prudent and virtuous. Its all about flipping bags to grandmas and millennials. Get on board the train man so no child left behind!
Do not forget that we have Dans sui generis, blockchain mogul reputation on sale here. Afair, Steem peaked briefly as a Top 5 mcap, or surely it was Top 10.