The ether-U.S. dollar (ETH/USD) exchange rate has been on the back foot for nearly two weeks after a rally failed to lift prices above $400.00. The rally attempt, which concluded Sept. 1, formed a double-top with the June 11 high.
Status' market cap at the end of this ICO will be $275,814,878.06 based on the total of max SNT 7,317,073,171, which will most certainly all be sold in this ICO (remember irrational exuberance with the Gnosis ICO?). Beware of this.. investors will almost certainly be better off holding their ETH.
The price of both tokens combined is now greater than the price of one Bitcoin before the split. In the long term, expect to see market demand coalesce around one of the two coins. This raises the question of whether ordinary investors should put a smidgen of their savings, or even their retirement accounts, into buying bitcoin.
Source: https://www.reddit.com/r/ethtrader/comments/6idbwz/beware_status_ico_will_raise_27581487806_usd/
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I upvoted you you can see my post to about bitcoin and followed you
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thanks yes i see your post and upvote you definatily . realy thanks
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why provide a link to your "breaking" news story ??? WITH DATe?
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real simple , someone with that much power to swing the markwt in either dirrection should not be talking ...this is why we need regulation ...IDIOT!!!
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