Post
Topic
Board Altcoin Discussion
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
by
Mightywill
on 16/12/2017, 10:25:28 UTC
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!

Yeah thats also the only reason I can imagine actually. Maybe people are not aware that the ICO is still ongoing or they are just too lazy to participate this way when they already got their funds on the exchange and want to buy. But as the price difference is so huge, it really makes no sense to buy at an exchange I think.
I will give it a shot and buy more from the ICO and sell if the price holds on this level!

you do not understand
you CAN NOT buy EOS through the token sale much cheaper than on a exchange because a final price is always close to the market price

SO NOW EOS TOKEN SALE EMISSION HAS NO IMPACT ON MARKET PRICE

The October was the time when you had a chance to buy EOS at lowest price - no matter where
it was 0.5 USD
and THIS TIME IS OVER

now, if you try to participate in the token sale you will get your tokens for 8 or more usd