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We have noobs show up flush with cash eager to blow it on something.. anything.. ASAP !
Their little peckers hard fer teh ROI'z ..off anything not bolted down.
It's a viscous cycle that has no positive outcome.
It won't end well guys.
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If you know how game is played then you will dump 1st before Nigerian scammers will dump and run away sad part is that you won't never sell on top unless you become that one Nigerian prince.
ICOs now are like auctions you fight for old 30year car and blindly bid 10BTC. Old car still will be old car and just because you have paid 10m$ for it that won’t make it worth 10m$.
( that will be hard lesson for investors soon on bear market)
And car dealer have run with money into Bahama. This Is how 95% of ICOs will end in year.
People don’t use brain they believe in “long hold” altcoin announces have like 9000+ topics so ?
And we now have like 20-30 working projects with active devs,
where 50% of those devs are active just because of current altcoin bubble, and they want squeeze people from $$$People are throwing $$$ at anything that has blockchain in name.
Now ETH when I go and see people who are saying that they have went into like 90% or 100% and this is majority
I know that end is soon.
All who could buy in they are in not many have left who can/want jump on ETH.
What is working on ETH now that’s are ERC tokens known before as colored coins
…
Most dividend paying projects abandon dividend because of high fees. Like 0.15$ per transaction.
People from Brave browser token want pay people cents for watching commercials but how the fuck it will be possible with fees like ~`0.1$
The end will be that most those ICOs will create own datacenters to manage most actions while on main ETH chain we will have just colored coins.
Guys show me any real company that will pay like 0.1$ per action on chain ? People are blind they don’t see many obstacles they see just $$$ but reality will come
Give it year two for correction. Newbies will learn hard way how it is in crypto.
We have now golden age of crypto mostly because infinite money printing policy from central banks, nothing last forever.