Can someone explain to me how the price can grow this much on exchanges while the ICO is still running for quite some time and people are buying it there for around a quarter of the exchange price? Doesnt really makes sense to me. Kinf of tempted to buy at the ICO again and instant sell at the exchange, wouldnt this be a good idea?
Which coins have done this, like you said surely you could infinitely buy from ICO, sell on exchange, buy even more from ICO and repeat!
Maybe the reason is a lack of knowledge that the ICO is still open, people only see the exchange price and its increase and buy in through the exchange without first researching the coin.
I would love to know more about this!
You sell EOS at exchange, buy Ether and contribute to ICO. 9 out of 10 times you will hardly get any benefit (1-2 EOS extra may be) and sometimes you may get less EOS than you sold on exchange. People buying on exchange are smart actually, they can see price and make a decision, unlike ICO where last minute Ether contribution will be in several hundreds and you end up earning almost insignificant profit.