Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: S.coastapps on January 28, 2020, 12:26:58 PM
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The LawMaster, otherwise known as Larry Cermak, partook in his twitter handle how IEO’s are dead or are arriving at zero levels. Larry Cermak, on his , twitter (https://www.thecoinrepublic.com/tag/twitter) account, shared the post on the 27th of January demonstrating investigation of IEO’s since their dispatch, he concentrated on the point indicating 200 days development.
Source: TheCoinRepublic (https://www.thecoinrepublic.com/2020/01/28/the-lawmaster-foretells-ieos-are-coming-to-an-end-over-stastical-analysis/)
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I have already verified at many companies and tokens the income that I would have received when selling tokens a couple of months after listing on a cryptocurrency exchange or immediately after selling tokens on the exchange on the first day, and of course, the income from selling tokens on the first day is in ten times more.
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The LawMaster, otherwise known as Larry Cermak, partook in his twitter handle how IEO’s are dead or are arriving at zero levels. Larry Cermak, on his , twitter (https://www.thecoinrepublic.com/tag/twitter) account, shared the post on the 27th of January demonstrating investigation of IEO’s since their dispatch, he concentrated on the point indicating 200 days development.
Source: TheCoinRepublic (https://www.thecoinrepublic.com/2020/01/28/the-lawmaster-foretells-ieos-are-coming-to-an-end-over-stastical-analysis/)
What is the basis of that assumption, I think it has not a factual basis but I agree that results are different in any platform that offered those IEO services, for example, the IEO in Binance is more profitable compared to other IEO that offered in other exchange that less in popularity something like that.
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I agree with what he said, Binance is a good exchange for IEO. But only until IEO ERD. After that no more. IEO ERD is the best IEO in my opinion. The price of a coin when trading exceeds the price when IEO.
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It's still better at 0% if compared to -50% because even though it is -1% it is sure to suffer losses and it's certain that investors are starting to lose confidence in the IEO of the coin.
Indeed, the current market is not profitable for altcoins because it tends to fall in price, but I'm sure someday all ltcoins will raise their ratings like Bitcoin penetrates the price of 19,500 USD.
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Binance is an exchange that is still in great demand today. Some of the coins that IEO in binance sold out in seconds. Even the price after IEO exceeds up to 5x the price of IEO. Therefore, many other exchanges hold IEO such as binance.
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Of course it is now dead because the IEO is a game of the rich. Whales are manipulating the ieo in many exchanges and also if it is a first come first serve basis, only the bots purchased the token that is why it is dead now.
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Yes, IEO trend is now over but why top class exchanges still launching their IEO. Binance thinks that IEO hype is still on play and we will find out when trading commence on their new launchpad.If it gains 2x then top class exchanges will still follow that hype and looks for better projects.