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RE: What are the risks when an ICO like Tezos (or EOS) raises TOO much? Marc Andreessen's Wisdom

in #ico7 years ago

Theres too much money in icos right now. Ethereum will definitely have a crash when people realize many companies will not be living up to expectations or are scams.

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If Ethereum crashes so does everything else too. Calling for crashes and calling everything a scam without strong evidence gets a little boring after seeing it over and over again.

Its not hard to see at least half of these will fail. Im not saying this specific ico will fail but if people keep on investing hoping to hit the big one its inevitable that money will be lost in due time. I don;t want to spread fear but I want people to do more research before just throwing their money at new ico's.

But you're so vague, it sounds like you yourself haven't done research, you're just guessing or repeating what you've heard from other people.

Sorry to be vague but I don't have the time to look up all the failed ico's. I'll try to be less vague in fhe future though.