90% of startups fail and so will 90% of cryptos

in #crypto7 years ago

"It is an established fact that 90% of startups fail. And it should also be an established fact that 90% of these ERC20s on CoinMarketCap are going to go to zero." Vitalik Buterin.

According to their roadmaps, most ICOs promise to release some kind of finished product by approximately spring/summer 2018. I hope that you understand that more than 90% of them will not show their investors any product.

What will happen when investors realize that the product they have been waiting for so long has not been developed, and most of the news has been false and only inflated the bubble?

Let me walk you through it in simple two steps:

  • Panic sales will begin.
  • The bubble will burst.

Most of the Altсoins will depreciate forever, and only the strongest will survive.

Chose wisely.