Quote from: Xpedite on May 11, 2016, 08:34:14 PM

Quote from: Vidale on May 11, 2016, 12:39:24 PM

LISK could be closing the project to re-launch a third one and you idiots would still crowdfund it.

And it's not just LISK, people are doing similar shit with ''The DAO'' for Ethereum at the moment. Jumping in, hoping for the moon, not understanding what the fuck it is about.

''Launch in September, we'll have killer apps by then''.

No you fucking won't. Show me one ''killer'' app that's under development.

"Javascript dapp will be huge"

Please tell me how. You tell the average joe right now how a decentralised app is going to rock his world. A new paradigm. Bla bla. Give me a few GOOD reasons why dapps are so revolutionary that Lisk is the next unicorm. They're not. No one needs dapps. No one gives a shit. Smart contracts is more where it's at.

Untill I read your last two sentences, I was like : That much wisdom from a newbie account Shocked

I totally agree with you that people do no research whatsoever when investing. It's just a crapshoot hoping to get in on that get rich quick project that may never come.
On the other hand , what is it that makes you believe that smart contracts is the game changer?
There's nothing smart about smart contracts, it's just about verifying a certain set of rules. The issue is that in order to verify something you most certainly need an external source of information which will likely cause centralisation anyway.

This ICO and DAO hype is vaporware and shitcoin 2.0 all over again. Anyone with some knowledge of blockchain can draft a new revolutionary platform while in the end it'll be just as different from the existing platforms as those 500+ shitcoins are different from bitcoin.

My advise to anyone: Before investing in anything, compare these offerings to what happens in the business world. Companies that get +1 M$ in their series A round have a way better risk/reward ratio than anything you'll find in crypto.

Those that are around long enough have seen this all before, some dev promising the

To me personally all this vaporware is the main reason why blockchain is not getting it's break through as expected through public chains but will need the legacy companies to adopt the blockchain first and hope enough tricles down to enforce some success for the public chains. Reality will probably be more nuanced but you get my point.

Simple "shitcoin" would not received $6 millions of investments Grin