This is one area I gave up on pretty quickly however, due mainly to just how simple it is to lose
a vast number of coins.
however, due mainly to just how simple it is to lose
a vast number of coins.
Worse, if we look to sophisticated market participants» conduct vis - à - vis these ICOs (chiefly: venture capitalists, hedge funds), they tend to do things like amass
vast numbers of coins on sweetheart terms ahead of the public sale (possible underwriter?)
Not exact matches
When you understand the
vast number of possible chemical reactions per liter per second and the truly large
number of attempts (
coin flips) that really entails — you will find that the «Law
of Averages» and statistics are not on your side.
There have also been a large
number of Initial Coin Offerings (ICO's), used to raise money for startups by issuing tokens /
coins, which have raised
vast sums
of money only for the owners to disappear with all the money, whilst others have been less deliberate but have been just as devastating to investors.