Hyped icos are NO BUENO
Facts would be nice. Bancor did not "tank" from the ICO price. ICO price for Bancor was .01 ETH. Currently Bancor (BNT) is priced a little over .01 ETH on Bittrex. It actually went as high as .049 ETH on the first day, when it hit exchanges.
So in your alternative reality, yes it tanked. But in the true history of events, it only "tanked" because it shot up 5x over the original ICO price for a short period.
I love how people like to spread mis-information based on what pleases their own beliefs the most. Typically these are people who enjoy losing money on crypto and have only had bad experience after bad experience, never learning their lessons. LOL.
P.S. I've invested in several ICOs now, and I have not lost a penny in any of them. Yet, in all those ICO threads, people spread the same FUD. Kept saying it will crash at the exchange, that it's a scam, that it's never going to turn an investment profit. I've learned to drown out the noise, and the only reason I respond is to help others ignore the incessant bullshit. In fact, my worst ROI so far was 4x.
P.P.S. The day ICOs start to lose money and become real scams is when the government gets involved and begins regulating them. That is the day I will stop investing.
It went from $4 usd to below $3 usd. People like you don't know how to measure this vapor.
The point is ico buyers were and still are in the red. Status will be much worse, all they did was take an old idea and make their name sound like stratis. Unbelievable the stupidity of todays ico buyers.
The reason Stratis and Iota were such great returns is they didn't raise shit in their icos. Buying a hyped ico in the hundreds of millions is beyond retarded.