Jesus Christ (pun intended) look at the Etherscan on it, people are actually buying it....
See this is what I hate about the ICO market right now. This coin has no tech advantage, it's clearly a stupid joke, and yet.... it's actually going to be one of the few altcoin's that will be tradable (it's clearly not a security) and loads of idiots are probably going to end up buying it.
So I end up in an even stupider situation of having to buy this dumb ass coin incase it explodes because of of all the other idiots buying it.
Oh well, good bye Ether
How it it clearly not a security? Without a utility, isn't the only reason to purchase an altcoin to do so with the expectation that you'll be able to trade it for a profit (thereby failing the Howey Test)?See this is what I hate about the ICO market right now. This coin has no tech advantage, it's clearly a stupid joke, and yet.... it's actually going to be one of the few altcoin's that will be tradable (it's clearly not a security) and loads of idiots are probably going to end up buying it.
So I end up in an even stupider situation of having to buy this dumb ass coin incase it explodes because of of all the other idiots buying it.
Oh well, good bye Ether