> towards end of the campaign (when FOMO is high).
I suspect there is also some degree of not wanting to back things that won't make it/wanting to back at around the time the money is taken.
I know the latter is a consideration for me at least.
Duly corrected.
Re:Whether Ethereum is a security
by jasonlaramburu on Tuesday April 24, 2018 @12:15AM
(#16909807)
Nice. I think your point comes across much more clearly now. The eth presale graph is much smoother than all the others.
Could the smoothness be partially explained by the fact that one could only use btc in the eth presale, whereas later token sales accepted eth and btc?
Also the author should really state in the article that the swarm graph is not cumulative.