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>Many firms funded by ICOs (or soon to be) have qualified leaders and developers and are developing great ideas, but IMO many are also raising too much money fo
by MachinShinn- 9y ago
>Many firms funded by ICOs (or soon to be) have qualified leaders and developers and are developing great ideas, but IMO many are also raising too much money for their own good.
No, there aren't. Real money has never been cheaper than it is now. Never in human history. USD, Euros, JPY, etc. Super cheaper. Low single digits to borrow. Anyone doing an 'ICO' is trying to cash out at your expense, big time.
- dmichulke 9y ago> Real money has never been cheaper than it is now. As strange as it sounds, this is indeed the case. The cost of money is measured in $ per $ (or actually currency per currency) which is a percentage also known as interest rate. There are no known records of any time in history where interest rates were negative. Sure, only banks can "get" these but they will do and hand them to the next by investing in his asset.
- pascalxus 9y agoWelcome to the everything bubble. For those of us keeping a list, here it is: - Government spending/borrowing bubble - Education Loans bubble - Housing bubble (at least in CA, but also worldwide to some degree) - Bit coin, Ethereum, Coin bubble - Stock market looks a bit frothy too - all the leading technical indicators show things won't be too rosy for the next 10 years. Did I miss any?
- RikNieu 9y agoGold? How's gold doing?