Post
Topic
Board Altcoin Discussion
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
by
shazib083
on 19/07/2018, 16:46:26 UTC
The ICO is a year long. There are new EOS tokens being issued every day for a year. The increasing supply is effectively inflation pushing the price down. You could wait to buy later since the price will likely continue to fall. There is a cap on the supply of 1 billion tokens and 1/3 have already been issued. Once most of the supply has been issued, that may put a floor under the market.