Interesting line of thoughts @crypto2crypto, but I am inclined to disagree on this one. EOS sells the ETH gained from the ico on a regular basis, at least monthly, so they shouldn't have built up huge amount of ETH anyway. In addition, the ICO itself also drives the ETH price because people who want to acquire EOS need to purchase ETH first. So the regular selling is counterbalancing this in away.
Last but not least, as Steem-Users we have daily evidence of EOS' DPOS-system being far superior to what Ethereum has to offer right now (remember cryptokitties?) and we haven't even talked about a working governance, just look at the ridiculous parity hack recovery discussions, so even if ETH manages to scale timely enough to remain competitive, governance will still remain unsolved and code-is-law-radicalists will continue to fight off any reasonable broad scale adoption.
So there is no reason to tamper with the market on short-term, as the long-term opportunities clearly lie in the superior tech. Just my 2 satoshis
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Greatly appreciated. This theory came about when I noticed not all the eth from each round was being sent out. So there may be s stash somewhere 🤔.
Also I am a fan of DPOS ( not the Jan version ) but DPOS in general. I believe it can give Eth a serious run because furballs should not be able to destroy a multi billion dollar company
my understanding was that the transfers to bitfinex were then sold off, but maybe better take a closer look at that...