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RE: ICO Markets - The Good,The Bad, and The Bitcoin
What are your thoughts on the suspicion that bitcoin was pushed upwards because of new thethers being issued and hitting the market.
It's not surprising this space is manipulated while the market is young. This should of course fade as time goes on.
ICO's despite the scams rare far fro a bad thing. Despite the fact they maybe saturating the space they are needed to explore new applications of blockchain.
Over time I feel like the quality has been growing and hopefully better ones are to come.
I heard something about the tether thing causing manipulation - except It just doesn't seem to have enough volume to cause such a massive boom.
It wasn't only Bitcoin- all the other alts rallied hard. It's hard to attribute 2bil tether causing 300-400 billion increase in cryptomarket cap...