Well, and one of the main reason why all this happened is because stupid money flows in the market. People invest without really knowing this Technology. It is like investing in Microsoft and expect a good harvest so their share goes up.
Well, and one of the main reason why all this happened is because stupid money flows in the market. People invest without really knowing this Technology. It is like investing in Microsoft and expect a good harvest so their share goes up.
True. Case-in-point: $8-13 SBD in December.
I really couldn’t figure out who was buying SBD at over a dollar why, when it has also been clear from the start that it was ‘supposed to be’ pegged to $1.
Sure enough, there were other dozens of completely shit ICOs that raises millions that’d exemplify that point just as well...
... yeah and so many people lost so much money ... it is sad ...