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RE: Bitcoin Could Reach $25,000 Soon / EOS Scam? / Blockfolio Snooping Portfolios / Dash Roadmap / More!
I'm not kicked about EOS at all. Dan is a serial blockchain author who isn't sticking to any of the platform he creates. Beyond that with EOS raising way too much money before there is even a proof of the platform working just makes no sense. Market cap that could be billions of dollars before the tech is even completed or proving it deserves such a valuation is quite ridiculous
I know they have brought on a solid team with credibility, but then they should start small and prove themselves. This ICO craze is just getting out of hand.
That sounds like the sitcom bubble - and we all know where that ended!
Sitcom? Dotcom bubble I think you mean :) And yeah it's going to happen and it'll be painful when it does. But even after it does, it'll rise again and we'll be in a better position than we ever were before. Speculation is what drives any new, emerging market.
Without speculation there wouldn't be businesses built around it, which can further drive investment to build the infrastructure needed to support the space post when the bubble bursts. I just hope our rise stays parabolic for a while to at least generate that interest and lay the groundwork for decades to come before we hit the next pop.