Post
Topic
Board Altcoin Discussion
Re: The era of easy money IPO's over?
by
Yeni78
on 25/09/2014, 17:52:54 UTC
Much of the present IPO crop is setting themselves up for a fall. They're asking far too much money for something that starts off as vapour.

NEM, Node and plenty of other examples showed how it should be done. Ground up is a healthier way to roll.


I don't see NODE as a success. It's floundering pretty low down the Coinmarketcap list for a second generation coin.

I wonder if NEM will also be a dumpfest.

But folks didn't have to lay out significant amounts of money to get in on the ground floor. It was free for the very earliest.

That surely does set things up for a short term dumpfest but I think they'll both have legs.

I agree, they'll both have legs.

Another perfect example that illustrates how it is always best to wait for the dumpfest as soon as the coin hits an exchange.