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RE: Don't buy the BAT token when it reaches exchanges if the current situation is correct

in #ethereum7 years ago

Bots will just buy from split addresses. The only answer is to remove the cap. The cap was a stupid idea to begin with!

Bitshares if I recall raised funds without a cap. In fact, prior to TheDAO there were no caps and these problems did not exist. All the cap did was create these sorts of problems.

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