Topic: TEZOS raised 231 Million - page 5. (Read 6713 times)

Me being one of the few here who remembers and participated in the dot com bubble will shed some light on what is happening at the moment.

This is not, I repeat not the Dot-Com bubble all over again.....yet.
What is happening now looks more like the late 80's begin 90's with some 98/99 mixed in.

The fundament of the future is being laid out at the moment and thats what we see happening. And where we are partcipating in. Dont forget its only a 70 billion market(as we speak).
Many coins will be worthless in a few years, many other ico's, probably a bit more regulated, will follow and will shape the future even more. Regulators will step in and banks will enter the playing field. Behind them the ever greedy but also affraid to loose his money is the retail participant. The market will take off then and will swell to immense proportions and only than we can say....THIS IS DOT-COM ALL OVER AGAIN. Probably in 3-5 years. So you better brace yourself because it will be a hell of a ride.


gr E

Soon to be 115 million.

Yes, it's going to plummet. Everyone could see that recent ICOs were massively over-hyped and ended up with ridiculously inflated marketcaps. The idea of having an uncapped ICO in that climate was just pure greed, and speaks very badly of the project. Many people will cash out immediately, and Tezos will fall very fast and very hard.

Even when the price hits rock-bottom, I won't buy any. Maybe I'm wrong, but I really don't trust the people who are running this project.

This project is well promoted. It became very anticipated due to the marketing strategy implemented by the team. I say they are really successful in that task. This is the primary reason why tezos gained high price. But the sad thing about a price founded on hype is that it might dip soon.

Anyone know when/how the tezzies will be distributed?

Thumbs up. If you participatie in an ICO for the long run you're an utter idiot. ICO scams (waves,eth,tezos,Pilar,premine Dash, EOS and many more) are nothing more than gwt rich quick scams. Waves even have their own team tot troll bitcointalk andere other fora.

Whatch the bitcoin uncensored video in which the tezos guy is unable to give one single usecase and you know enough

I don't know if its over as such, but the big % gains were never going to go unnoticed. I think the ICO process will continue to evolve, still early days compared to how many ICO's are going to happen.

The sad thing is the time of the little guy making a lot of money in crypto is over. Big venture capital smelt money, the same people who wrote articles in Bloomberg saying Bitcoin is a ponzi and for crime now are throwing millions into these ICOs.


I think of a project wants credibility in the crypto world they have to find a different way to distribute now, maybe a mixture of ICO, mining, airdrops etc.

Otherwise accept we have been co-opted and now profits will go only to big banks.

Weren't ICOs like mastercoin and gosh I can't remember that other old one around a long time ago?  And then scammy ones like Blocknet (after xcoin got dumped and left for dead) around long before Ethereum?  And then of course all the premines (xcoin), ninja mines (Dash), two week PoW to PoS coins.

I mean Ethereum really raised the bar with the 100% presale PLUS the premise.  And now you have EOS doing the 365 day presale and the premise.  But this place has always been a huge of scum and villainy.  People just used to have to be smarter about it.  Ethereum wasn't all that special.

oh dear, dude you should really get a job. Or in case you already have one, you should do it rather than rant on these forums like a madman. Is it crowdfunding only in crypto world that makes your already severly damaged brain go complete apeshit or is it crowdfunding in general ? 

I don't think it was this bad.
..the "coins" scene has gotten simply ridiculous now.
People are simply joining in on scams knowing they can profit.

There is 0 reason to ever crowd fund fuck all in crypto.
This shit existed for 6 years fine with out ICO's.
Then along came RIPPLE and ETHEREUM and others got hard seeing the money.
BAM ! we got ICO shit storm going down.

There is nothing to defend and every aspect of this crap is stupid and scammy.
I know because i did research online on scams and read testimonials from people sucked into them.
I also seen them on TV all my life and known people in on them.

There is literally nothing at all legit about this crap now.
I have no respect for 90% of the loser NOOBS showing up here or the old guys pandering to them.
A cluster fuck of scammy douche baggery fer teh ROI's.

It's pretty simple if you don't have the means to support getting a coin made then.. fuck off.
I don't want to see your hand out.

When crypto morphed into nothing but crowd-funding for profits it all became a scam.
I don't respect people involved in this crap.

Nice devs has got some money,now thay can buy private jet some luxury gifts for his lovers,thay can buy citzenship of  carraibean island or even island.Crypto will make few new milionairs

I think so we can see another ethereum dip in recent days.
Because 231 million is not a small amount.
But i am hoping for best.

231 million to a company from which the expert starts to sweat within 15 minutes being unable to explain 1 single usecase.

Crazy world

https://m.youtube.com/watch?v=gsY5wXj4Xm8

Some of the ICO's turned out insanely profitable. Look at STRAT. But you gotta buy ICOs that aren't insanely overhyped. Bancor showed us the path: Successful ICO: Tons of bagholders and market sell pressure: your token is not going to perform good, unless you are literally creating a bitcoin killer where it clearly solves all problems that we are facing in the current iteration of this technology. But it would need to be a brand new set of technology. It would need a satoshi.

Unless you got this, I think no massive ICO will perform good because the post-ICO environment is an overhyped product with a bunch of bagholders.

That's why ICO investing is good if the product is decent and not a total scam like STRAT which went under the radar.

Yes! It was the same exact thing. People hardly understood internet in 90's, most of it saw it as a slow index/storage of pages, numbers, images ... not many people thought it could be huge. But when first online shops came along and when early tech adopters started using emails for doing business it seemed like the best thing in the universe to those guys. Then companies like Pets.com and Webvan came and said they will utilise this tech and transform classic retail, classic brick and mortar business models and people started throwing money to them on blank promises and ideas - exactly the same trend we see now. Those new companies soon realised transforming habits of people, being so early in the game with too little knowledge and too much money was super hard to do. When they didn't reach positive cash flow and were far from being profitable (back in the day, cash flow was #1 KPI, not like 2017 start ups, when growing user base is much more important in first years), bubble burst.

Related to Tezos: it still seems most of the people don't know how supply and demand works, and they think an uncapped ICO that runs for so long, where everybody who wants to buy in already did, and is based solely on promises and white paper will actually make positive returns when its token will hit the exchanges?? Crazy!

231 million for what? A whitepaper and a promise of doing something?

As only a wide-eyed child at the time, I'm too young to properly remember the dotcom bubble but can anyone shed some light as to whether this same type of thing was happening then? Were people just throwing money anywhere and everywhere if it sounded good enough?

This is absolute bs.How can it affect money in exchange?It only speaks about trust that crypto world has in Tezos

Not enough double it.. Clearly this ICO is worth a half billion dollars.... Duh right?
What is it? A ledger? Sweet I love ledgers.. TAKE MY BITCORN NOW ¡

This is great.. I love crowd funding.
Were all gonna be rich!

..that was sarcasm and I will now close browser in disgust 

I invested in Tezos. I like what they are doing, but from a business point of view, I think they are over hyped and therefore over priced. Too many people jump in not knowing what it does. If people start to dump on the first day it will cause panic to novice investors. I might be wrong. In the long run Tezos will do well if they can focus on executing their road map. I'm afraid they might be blindsided with the new found wealth especially now the founders received 23.3Mi to themselves.