我觉得熊市的原因是二级市场做空比特币也能赚钱。
熊市里也会有短暂的牛市，真正的大牛市估计2018冬天。为什么这么说呢，因为不看价格的话区块链创业更多踏实的企业了，所以有一个甚至一批项目的爆火就会让牛市又扭转过来。
但是从春节开始到现在的熊市真心跟技术和项目没有太大的关系。

My belief is in Ethereum. Extensive tech documentation, massive adoption, and somewhat decentralized community.
NEO and QTUM as smart contract platforms are all on life support. I know they have good price performance, but that's almost irrelevant. I would think NEO's ontology as their attempt to survive as a product. Because their current platform sucks. Check their code and see what smart contract they can support other than token issuance. And for QTUM, I don't think they give Dapps any reason to choose them as a platform, not enough tech documentation, generally disappointing performance after being listed, and not enough community involvement - too centralized.
EOS is another scam. The competition for the 21 super nodes set the tone for centralization. And if you are ok with centralization, why bother choose EOS, just go with Google, Aws. And I would argue, those are far more trustworthy central nodes than most of the scams that are running for the super nodes.

Agreed. Another good example is TRON. Started with nothing but copy pasted whitepaper, some shady manipulation over prices and now they have the cash the acquire any good dev team they want.

Thanks for reply.
Hype is caused by large amount of capital. The purpose most certainly is to attract more retail investors that are not yet exposed yet.
I see where you come from regarding how most common people are not aware of the soon begetting crypto world. But for this year/phase, which should be the time for most fund raising projects to deliver some kind of product. But sadly, as far as I know, quite a lot of them are unable to deliver because of technical inability.
So what I meant by that the hype is almost to the end, I mean that without a widely adopted app it will be really hard to get people be confident about the market again.

That said. Such scam model does post a few business opportunities.

To begin with, PR agency. In traditional VC world, some projects pour their VC money to advertisement in the subway or on the highway. That's because 1, it's easy money, and 2 they don't know how else to spend it wisely. Same thing applies to ICO projects. Most projects have business plans that can hardly be realized in 5 years, e.g. space, health care related, remittance, peer to peer energy transaction, etc. If you look at the team, most of them are young people with not enough working experience, let along industry expertise. So what do they do with the easy money they raise? Doing PR. CNBC, Bloomberg, Huffington Post, Business Insider, most of such media can be bought, and that's what the projects do.

Another place where honest people can make some nickel from the projects are events organizing companies, conferences, summits, hackathons, developer contests... You name it. Same reason as above. Because compared to concrete project development, those shallow PR marketing events are easy to execute and good to market. Consider them as fillers of an story. But when one story has nothing but fillers, it's an empty story.

In most regions, a large amount of ICO money flows to the exchanges. USD 2-5m. Exchanges at certain region will list any shitty coins as long as they pay enough dow.

More honest opportunities include developer training, recruitment service and third party app development.

But, when there is hype, there is the end of the hype. And we are almost there.

Most projects are pure Ponzi schemes.

Project raise money from institutional investors and angel backers, the money raised will be trickled down to PR agency, and a large amount of it will move to the exchanges. After being listed, the project employs market making teams to manipulate prices and attract retail investors. When the token price goes high enough, the project team cashes out part of the tokens that the Foundation holds. After that, all they need to do is to act as if they are working hard. But if you check the github of most projects, you'd be surprise as how little concrete development they have done.

In order to make the market believe that the project is doing stuff, the best they can do is to attend this conference or host that meetup. Marketing and PR become the only work they do.

Those fucking scammers.

Wait for updated link