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Topic: What will be the next bubble's hook? - page 3. (Read 794 times)

legendary
Activity: 2492
Merit: 1232
May 12, 2019, 05:13:30 AM
#4
Having an ICO is not necessary. We just need to influence new people to get involved with our vision without forcing them.

However, I still see some ICOs in our space and I can also tell that they are more developed compared to the past ICOs.

The only opportunity the past ICOs had is the law. If you have the least knowledge then that is the time you will definitely go down.

I heard about an ICO which is claiming that they are the first ICO that is accepted by the SEC.
legendary
Activity: 1526
Merit: 1179
May 11, 2019, 03:14:15 PM
#3
Will there be a new form of ICO piss taking? Many will say the collective has learnt its lesson. We all know that's utter bollocks.
I have seen mostly Bitcoiners say the ICO thingy is done and over, but it isn't. As we speak there are still ICOs being initiated, but they just don't get much attention with how dumb money needs to see 500-1000% before they wake up.

Just wait for it, when the worst possible shit coins show these mad gains one after the other and that for months straight, people will be jumping in with their life savings. It's only a matter of time.

IEOs could have taken off massively if it wasn't so difficult to get in and people saw the price tank instantly. Binance knows how to take care of the marketing aspect, but they could have done a much better job with IEOs.
legendary
Activity: 1652
Merit: 1483
May 11, 2019, 01:34:33 PM
#2
What is your supposition? Does it need one at all?

it doesn't. we just need hype. the inflow of capital will be distributed across whatever listings the market has to offer. fundamentals don't matter for shit during strong bull markets. whatever the catalyst is, it's price charts that creates the bullish feedback loop where hype begets hype.

that's why i wouldn't frame 2017 like ICOs were the driver. i don't think they were per se. i think there was very weak supply and excess demand heading into 2017 and the first winklevoss ETF denial triggered a move into alts. there are always such triggers. in every bubble, there is a symbiotic relationship akin to sector rotation in stocks where money flows back and forth between BTC and alts instead of BTC and fiat. ICO upon ICO was launched to suck up that capital, but if not ICOs, we would have seen all that capital flow into other altcoins instead.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
May 11, 2019, 11:59:34 AM
#1
What do you think will be the thing that captures the imagination of the average lemming?

Last time around it was ICOs. Now they're toast.

Will it be as simple as greater legitimacy in the form of big operations green lighting crypto trading?

Will there be a new form of ICO piss taking? Many will say the collective has learnt its lesson. We all know that's utter bollocks.

What is your supposition? Does it need one at all?
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