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RE: My theory on how EOS will attempt a hostile takeover

in #crypto2crypto7 years ago

I think Dan, Brenden and the team have for the most part taken the high road on most of this and tried to keep their noses clean. If the tech is just half as good as they say it is, time is all they need. They won't need to play games they will just get them hauled in front of various congresses, parliaments, firing squads, etc...

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Is it really a game? These funds were collected to be sold not held, and there is no stipulation on how they do so.

No, not a game at all. I guess what I meant to say is that I think they will sell them in a way to maximize their return and not to manipulate the price of ETH down. (Perhaps an over the counter transfer which is how I would do it.) At some point, they know regulations are coming and perhaps retroactively. They have a lot of lawyers to keep them out of harms way (thus no sales in the US and China) and I don't think they will risk market rigging accusations