RE: ICOs driving down the price of Ethereum ?

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ICOs driving down the price of Ethereum ?

in ethereum •  7 years ago 

I was thinking the same thing. But it depends of course if the company thinks it can make the most money by selling all ETH immediately. Or if the alternatively believe that ETH will appreciate over time and hence sell in a staggered fashion. I truly hope that companies engaged in ICOs believe in the value of ETH over time and hence do not cash out immediately.

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I guess it really depends on how much they need the cash..