Hi Everyone.

Ive read about this idea before and wondered if others had some thoughts on it:

ICOs and crypto currencies like XRP exist for banks and other large institutions to grab large amounts of established crypto currencies like BTC. So doing risk-averse investors and naysayers of BTC and ETH are able to cash in after the initial rush they missed. Thus they accumulate a large amount of ETH,BTC or any other coin and offload something of low to near worthless worth on greedy investors.

Any thoughts and contributions to this?

Thanks

g00se

Discussion: Except for cash grabs, are ICOs not a way to gain crypto by those who missed early investment?

Hi Everyone.

Ive read about this idea before and wondered if others had some thoughts on it:

Thanks