Post
Topic
Board Speculation (Altcoins)
Re: New Coins with huge ICO price
by
South Park
on 07/03/2019, 01:23:09 UTC
ICO tokens are worthless without a proper roadmap and working product, so paying high amounts are unnecessary for this reason. Teams need money to continue doing their job as hired professionals but it is very hard to have the same achievement during blood bath on the market.
Even today most icos are asking for too much money to try to develop their projects, satoshi did not asked anyone for money when he was developing bitcoin and he delivered a functional currency, most icos today do not even take the time to write their own white paper and do not have any new ideas to try to make the market to move forward, so paying any price other than zero for most coins is a mistake since you are paying too much for something that is not worth anything.