Quote from: hugeblack on January 14, 2020, 11:08:53 AM

Any way How about COB tokens?

They are still trading on Mercatox at 0.00000004 BTC. Strangely enough, the market barely reacted to this news. I guess most people gave up on Cobinhood a long time ago.

Quote from: The Pharmacist on January 14, 2020, 11:16:57 AM

I don't know anything about COB and had to look it up on coinmarketcap--is that what's considered an IEO?

Not exactly. Cobinhood launched an ICO in 2017 to build its exchange. The token was supposed to provide value/utility in various ways, much like Binance's BNB token.

Quote from: hugeblack on January 14, 2020, 11:08:53 AM

In any case, it makes me shiver when people hype coins like BNB, because the performance of coins like that are completely dependent on how the underlying exchange is doing, and if the exchange goes bust so does the coin or token.

They are basically securities, much more like stocks than cryptocurrencies. That's okay by me. I just wish people understood the risks. It's like buying pink sheet stocks -- lots of those companies go belly up.