Post
Topic
Board Altcoin Discussion
Re: EOS team dumping ETH
by
tomahawk9
on 20/03/2018, 13:27:25 UTC
EOS recently dumped lots of ETH. You guys think maybe they are trying to damage them and looking to show the community that they will be the better alternative? Or maybe theyre just paying wages who knows  Grin
They're not making themselves look any better than the competition as they're liquidating ETH (the competition) to "fund their project" (a bit ironic, isn't it?), but they're also dumping (and most likely planning to dump more in the future) to crash ETH...that's not how you show the community that you're the better alternative.

Make sense that they will start liquidating ETH towards their mainnet launch.
They will need to fund things, marketing, scaling things up, and etc.
still, $200m is way too much.