/biz/ - Business & Finance

Does this mean I have to wait till tomorrow's OKEx to fill my ICON bags? I scheduled my day around being able to pick this up from etherdelta...

>>5116304
Just to elaborate a little bit on why I think it's reasonable: The ICO filled it's hard cap of 150,000eth. That is now about $105M. Even if there was no other value in the ICON Foundation (no blockchain, no partners like the Korean government and Samsung), except their liquidity, that still puts one token at 105M / 150M (est. circ. supply) = $0.7. Now you could say that is because ETH price increase, but everyone who wanted to bail their ICO investment due to that got their refund already. Those coins were burned and only the people who did the KYC remain.

In other words, and so even the most brain dead pajeet retard can understand: You should not sell your ICX below 70 cents and if you can buy ICX below it, sell your fucking house and do so.