Post
Topic
Board Bitcoin Discussion
Re: Bitcoin caused the mass production of altcoins and air coins
by
GreatArkansas
on 09/07/2021, 01:51:02 UTC
As Bitcoin is gradually becoming known to the public, this financial and economic feast brought by technology geeks.
Bitcoin is like honey, attracting countless butterflies (altcoins, air coins), countless new projects appearing, ICO.IDO.
This case has become normal for every bull run we encountered.
Just like what happened last 2017 - 2018 bull run, a lot of money poured in shitcoins, ICO fever with Ethereum before started, most of ICOs before already lost above 80-90% after few months when we experienced huge dump from all-time-high $19,000+ and below $10,000 to $5,000.
It was an awful experience especially for those new people who just started cryptocurrency and lost very huge.