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I wouldn't want to invest in it either, but the truth is is that these investors will likely all make a lot of money. Just because a project is terrible in vari

by ve55 9y ago

I wouldn't want to invest in it either, but the truth is is that these investors will likely all make a lot of money. Just because a project is terrible in various ways doesn't mean the investors in the ICO won't get rich, and the founders won't get rich. Especially the special ones that got in early at a fraction of the price.

matthewbauer 9y ago
Yes some will. But you should look at it like gambling for those that do. They lucked in to FileCoin and will probably make money, but perhaps they've also lost money on other ICOs. If they get out now, they might end up ahead but for each one of them, there has to be someone that loses equal money (assuming it truly is a bubble).