China & US Out. A Gift To The ICO World
China & US Out. A Gift To The ICO World
China and the US being out of a lot of the ICO market, could be a big blessing. The crypto world has gotten use to ICOs hitting the exchanges, and then getting dumped hard in the first hour. Things could be a lot different going forward. Now with China and US out of most ICOs, we could see a rush to buy once they hit the exchanges. Chinese and US citizens will be entering the market, and helping to actually drive the price up. The hype of price increases on release day at the exchange level will add even more boost to the release day price. Many think crypto mania has been here for a while, but I think the mania is just about to start. Most, if not all people with a few grand in the ICO market today, could be the rich a few years from now, if not sooner. Do your research, and pick the cream of the crop. See you guys on the other side.
If it wasn't for ICO madness in the spring, ETH's chart might have never left that bull run (albeit hopefully slowed down a bit) as BTC fork concerns could've triggered the full flippening. Either way, ICOs are great for those projects that are legit. To those who throw them together to raise funds and abuse their responsibilities by running with the funds, well, the blockchain is transparent and the funds that were abused can't be buried for long....
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