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The following truly describes the hype, the bubble, or the snake oily aspect of it. Investor beware! "As investors seek to capitalize on the popularity of curr
by yitchelle 9y ago
The following truly describes the hype, the bubble, or the snake oily aspect of it. Investor beware!
"As investors seek to capitalize on the popularity of currencies like Bitcoin and Ethereum, a number of struggling companies have reversed their fortunes, at least temporarily, simply by adding “blockchain” to their names or announcing a new cryptocurrency venture unrelated to their previous line of work. (The most notorious example is Long Island Iced Tea Corp., a beverage company that tripled its value overnight after it rebranded itself “Long Blockchain Corp.”)"