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RE: Bitcoin 14 Days Till Aug 1st. ICOs Out of Business Sale. Liquidity Test. Bailout. Strong Cryptos.

in #bitcoin8 years ago

It will be interesting to see how the drop in the market has affected ICO's. We've sure had a lot of them lately and would be interesting if see a bunch of ICO's drop off the map at the same time.

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Technically I argue that 80% of these ICOs that came out can't possibly be liquid at this point. Their coins/tokens have taken severe beating. I think its only healthy they drop off and make way for stronger companies.