RE: Time to short Ethereum?

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Time to short Ethereum?

in eos •  6 years ago 

Ethereum conducted a crowdsale in Ethereum with 2,000 Ether being provided for one Bitcoin. When the crowdsale was completed, the amount of Bitcoin raised only represents a miniscule fraction of the Bitcoin market cap. EOS conducted it's ICO accepting Ether. At near the time of completion, the market of the generated funds represents around 7% of the total Ethereum market cap. It will be interesting to see what happens if/when EOS goes to sell this significant holding.

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