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RE: The first 5 days of the EOS token sale will be unfair. Here's how to fix it.
Changes to the smart contract were made just now to combat these issues:
https://steemit.com/eos/@deanpress/update-eos-ico-update-to-add-buyer-protections
Those are good changes, and they reduce the risk of bidding at the end. They decrease the cost of obtaining additional information.