Yeah ETH fall down in the last weeks and is the best method to take part of the 47 Bank ICO. All I have to do now is wait for my money at Coinbase.
But if ETH is down then I guess this is not time to buy. We have to wait for recover ETH, then we should buy FSBT. This is my personal opinion.
In crypto its more likely a new coin or low cal coins percentage increase will be larger than one of the big coins or thats what most people say basically coming out of an ico many coins see a 25-100% jump in price.... its highly doubtful eth will outperform that. So it basically comes down to if you think fsbt has more chance of jumping in value in the short term or eth. Waiting on eth to jump could also easily see you miss jumps in other coins including fsbt
Instead of first buying ETH and investing ETH for FSBT, we can directly invest our FIAT to buy FSBT tokens. This will save the huge commission for buying ETH in coinbase or similar exchanges.
The current system to exchange FIAT for altcoins is inconvenient for everyone (commissions), which is in contradiction with the motto of cryptocurrency; to remove the need of a middleman. Which brings me to why I sympathize with 47B ICO.
That is a good point made, it certainly is a problem the hassle of converting FIAT for altcoins with numerous amount's of fees from pretty much every exchange, removing the middle man will certainly be appetizing and ensure fees are kept to a minimum
Yea. Very true. The less fee traders have to pay the better life will be. I just hope this can be archived