Quote from: o_e_l_e_o on November 23, 2018, 10:09:42 AM

I share your sentiments regarding altcoins. EOS is a great example. It is centralized, it is corrupt, it exists entirely to make profit for the 21 Block Producers who have complete control over all EOS coins,

Definitely 100%. Even though if the block producers aren't really corrupt? Knowing that they have a huge control over everything is something to worry about. It's a huge, red, glowing potential point of failure. Quite unfortunate that people got easily sold on the "Ethereum killer" marketing title that a lot of people associate EOS with.

Quote from: o_e_l_e_o on November 23, 2018, 10:09:42 AM

Blockchain technology in general suffers from the same blind shilling. Again, you can find people all over this forum and others saying how blockchain is going to revolutionize *insert industry here*, with no details whatsoever as to how exactly it is going to do so, . . . .

Yea. When the ICO craze started, I was like "damn people are going to regret this in a few months". Guess what? Even after more than a year and after this big crash, these useless coins/tokens still has a good number of holders and people being optimistic on them. One thing's for sure, they definitely are blinded by the fact that they think "investing" in these crap projects will be their shortcut out of poverty or shortcut to riches.

Quote from: Xising on November 23, 2018, 10:44:59 AM

There is nothing wrong to be hopeful about something that can really rake in big bucks, but one should also keep that cautious attitude since although it's just digital money like everyone says, people who are in it still invest time, effort and most important, money.

There's definitely nothing wrong with hoping that bitcoin will hit it big. I mean, I definitely hope it would. The bad thing here is shilling coins/tokens, telling people with guarantee and confidence that these certain coins/tokens will multiply in price after a certain amount of time. There is no guarantee. Theoretically speaking even bitcoin can fail as the failure rate is definitely non-zero.