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Did the IEO really sold out to public in 10 seconds or did most of it already been bought up by internal investors and just a small portion of it actually sold to public?
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Have be a little bit worry about the rate at which IEO coins are be bought. In my view, IEO coins are mostly be bought by the big investors on the exchange, for storage against the future leaving the lower investor with little of these coins. Also, exchange staff are mostly going to benefit from this initiative compare to outside investors.
I see that coming, who knows, if the employees are allowed to participate in this process, it's really a quick sale that happened and for those who haven't able to joined the IEO's if they still interested to support this project they can easily buy it now from bittrex and wait for the fate of this coin to show up.