RE: BECOMING RICH - EP. 13. - Breakout

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BECOMING RICH - EP. 13. - Breakout

in becomingrich •  8 years ago 

I see. . . What makes it reassuring is the fact that the devs will not dump what they have. I will throw in some couple of Satoshis (Since I am looking forward to diversify crypto-investments)

becomingrich
8 years ago by

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      ·  8 years ago 

    I see. . . What makes it reassuring is the fact that the devs will not dump what they have.

    That is illogical. If they want to make a lot of money, then they want to keep the supply scarce and selling only later once the price is really high, and even then they would sell slowly.

    I mean look at Facebook, I think they had their IPO after 4 years, and most profit was made by angel investors I think.

    So it is usually the developers/owners selling the last time, so most profit will be made by early investors and the devs.

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        ·  8 years ago 

      Speaking of scarce supply, have you also heard any news about them actually reducing supply by "burning" or destroying coins?

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