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Mr. Market Meets Mr. ICO

Written by @CryptoLema | Published on 2021/1/1

TL;DR
Mr. Market is a construct, a Bipolar (then called “manic depressive”) individual that you are in partnership with regarding a business concern. This individual's mood is constantly cycling, and depending on how he feels, he will barge into your office and offer to either buy you out or sell his shares to you at whatever price he feels like offering. This is key, Mr. ICO is not there to buy anything, he is there to sell you his shares. He wants to get things done now, because he needs the money to keep the lights on.

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Written by
@CryptoLema
Technical Writer on HackerNoon.

Topics and
tags
cryptocurrency|crypto|ico|blockchain|cryptocurrency-investment|cryptocurrency-top-story|blockchain-top-story|ico-investment
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: vGo_rfiyVbnOjNHccYbHxcfvMVjD5rP7X0h1r3iRKNk