Quote from: Legitimate9322 on October 21, 2018, 06:49:11 PM

Quote from: Miscellaneous40 on October 17, 2018, 08:05:18 PM

I see a lot of people comparing crypto to Amazon. They will show a chart showing how much Amazon fell after the tech bubble. The difference between Amazon & crypto is simple. Amazon was a company people used & it had a purpose. It made life easier & allowed people to shop online in a way they had never done before. Bitcoin is nothing but another form of currency. It's decentralized which makes it unique, but at the end of the day what does a bitcoin offer?

In my opinion coins that offer a product will make it. Right now the alt market is hurting a bit, but coins/ICO's that offer something useful stand a chance. A coin that creates something people can use could be a winner. ICO's are just a unique acronym for "crowd funding". Projects like Omnity, Nauticus, & CoinMetro fill a void. Omnity is creating a search engine that caters to quality research. Everything Omnity is doing is data driven. It's something college students or professors could use to further their studies. Nauticus & CoinMetro are exchanges. Exchanges obviously serve a purpose. These are ICO's that I can see succeeding because they have a purpose that fills a void with consumers. An ICO or alt coin that exists without a purpose is a complete waste of market space/cap.

Projects Mentioned:

https://www.omnity.io/

https://nauticus.io

https://coinmetro.com/

I agree, but Amazon was in the same situation. ICO's are hurting right now & might be able to prevail in the long run. Just depends on the market.

It's an illogical fallacy haha