Agreed.. ICO garbage.
And i looked at CoinMarketCap.com and yup sure enough.. Ripple is now ranked #2
Crystal clear proof this scene is a massive pathetic joke.
Lets put this into perspective..
First Litecoin was the #2 coin.
Then it was Doge..
Then it was Ethereum.
Now it's Ripple ?
Things have REALLY gone down hill for a long loooong time.
I see Ripple up 32% last 24 hours.
So they are executing their plan masterfully.
They figured out you can pump the coin then dump more onto the market jumping the cap standings.
And since the coin is pumped 99% of the crypto idiots will pile in.. no matter what coin it is.
A well executed crypto pyramid scheme.
Using that logic you can say that about any crypto including Bitcoin. I agree I won't buy a premined coin with a large locked up supply even if it seems promising (veros) but I don't want to support large mining operations either. Same shit different game. NEM is relatively undervalued. I keep holding that. It has no inflation and the supply is relatively distributed. Plus the price is high enough to fund continuing development without issues (mijin, catapult) It's a better coin that is less hyped than a lot of them here. Sleeping giant. No I'm not going to explain why for the 10th time. Do your DD and search is your friend.