4 ms·
I'm not surprised. ICO investors are crazy and ignorant. If they thought straight, they wouldn't invest at all.
by asdsa5325 8y ago
I'm not surprised. ICO investors are crazy and ignorant. If they thought straight, they wouldn't invest at all.
- vkou 8y agoMany of them are investing because there is money to be made over the course of a pump and dump. They don't actually want any pre-order tokens that entitle them to 2 GB of storage on a distributed crypto-file-system, or whatever the ICO promises. Think ticket scalping, except that the tickets are for a concert that may or may not happen. (Because the band hasn't actually written any songs, found a drummer, rehearsed anything, rented a venue, or even bought any instruments.)
- mrhappyunhappy 8y agoCrazy but make a ton on deals from pre-sale.