Everyone been a newbie once, including you
i hope so, i really hope, there is a bubble. its really annoying, which kind of humans cryptocurrency attracts. Most of the guys even cant read simple blogs, they now nothing. look at twitter ! hundreds, thousands of questions about things, which already announced somewhere on twitter, facebook, eg..."
also in other icos as well.. stupid questions.
yeah, i really think, there is a bubble in crypto, in fact, i hope so (even though im invested)... it will be better after the burst.
it's exactly a bubble, mostly with ICO's. First of all, there's people actually complaining about their 100% profits in 2 months because they read about a coin that went up x20 in a couple of days. Those are people that can't handle a loss of 40%, which tbh is peanuts in this market. Second, out of 10 ICO's, 7 will fail, 2 will do allright and 1 will do good. Personally I think Adbank is that one, thats why I'm supporting it, but there's so much bullshit out there that has no place in this world. I even read about an ICO trying to monetize time. How that could ever attract educated investors is beyond me, yet that's exactly the problem. The last 100 billion that entered the market came from morons expecting to get rich quick with 100, 200, 300 dollar investments. Guess what, my moonshine-brewing-cousin-fucking redneck pals, sooner or later the big boys in charge are going to cash out, which will crash the market because a massive portion of that market isn't used to seeing their money drop with 40% in a matter of minutes.