Crashing Etherum Due To EOS?
cryptocurrency·@budp·
0.000 HBDCrashing Etherum Due To EOS?
Today, after talking myself out of taking action yesterday, I sold 42 ethereum tokens (100% of my ether portfolio), and bought a larger position in peerplays. My opinion on why ETH is crashing has something to do with the EOS ico. All sales of this ico are done in ETH which would attribute to the massive sale orders. This is a brilliant move by Dan Larimer. EOS will be in direct competion with ETH in a year and he is helping destabilize the ETH blockchain. I might be right....I might be wrong. If ETH continues to crash through the EOS ICO then bounces around like a wounded duck afterwards for a couple of weeks then finds its footing I'll assume my guess was right. https://thumbs.dreamstime.com/z/falling-economy-14701885.jpg