RE: One of the reasons behind ethereum price drop

You are viewing a single comment's thread from:

One of the reasons behind ethereum price drop

in ethereum •  8 years ago 

I was just on that reddit thread and got here from there. I can't believe they are actually going to do this. You're right, it makes zero sense for a 14-people development team to need $200M in funding. I'm really glad I didn't invest in this ICO. I've been getting a bad taste in my mouth from all this but people keep buying into them. I even see videos about get rich quick through ICOs. It's just a prettier name for a pump-and-dump.

Do you hold any ETH? Thinking of vonverting to fiat or moving to BTC in light of all this, until everything settles down?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Yes. I believe in ETH. And I will hold it. Giving up on Ethereum is not a good move at this point according to me.

I agree with @rnkhouse. Just hold your ETH, I'd actually advise buying more and hold.