Quote from: skelethon on January 29, 2018, 10:50:52 AM

Quote from: feelideb on January 29, 2018, 10:47:42 AM

What a brilliant counter- thread to ' too many ICO' etc. People that believe there are to many altcoin are simply short sighted. The market value of cryptocurrency is still very small compare to market value of NYSE etc. We need as many altcoin as possible to remain competitive.

But in the case of "too many ICOs", doesn't that encourage more shitty/scammier ICOs? Since it's easier to go by unnoticed.

Possibly yes, but even there are limited number of new ICO there would still be a way for thieves to scam people. There are also already lots of ICO before that turned out to be scam like crazybet and project C, to name few. ICO is a good way of funding a project but also an easy way for culprits to make easy money.