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Paul Krake
Paul Krake

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Good synopsis. what is increasingly clear to me is that the ICO's are as much a punt of Ether or Bitcoin for the underlying start-up. Because the ICO is funded with Ether or Bitcoin, the start up will be subjected to the price swings of these cryptocurrencies and i am going to make the assumption that none of them hedge. Awesome when they are rallying but when they turn, it will feed on itself. The start up could raise say $25 and see that number fall if the price of Ether falls. Beyond volatile

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