I am seeing a lot of replies and I am thankful for that. I am trying to decide if this market is chock full of scammers who are just jumping into the ICO fray and printing a few billion coins and keeping half for themselves once the scammed general public gives them intrinsic value OR if there are some really good companies trying to change the world. I fear its not the latter.
I will use a company for example- DIM or DIMCOIN. They launched their ICO on HITBTC and HITBTC botched their ICO. Their coin when from 1000 sat to 50 give or take. They have a Hybrid Stock/Crypto exchange thats coming to fruition some time around June or the HYSBE. Its a great idea, in theory, to be able to trade stocks and cryptos on the same platform. This is one company that I actually believe will serve a purpose and do well. There are SO many coins out there that to me just are total scams. Heck DOGE coin was literally a joke/internet meme and now has a market cap over a Billion.
its just truly mind blowing. The way I see it once the guy who is cutting tomatoes in the kitchen as a prep cook starts giving people investment advice on his coins, we are all doomed. The next wave of investor is already here and I kind of wonder if Q4 2017 is the best we will ever see by far. If this was such a legit tech we would still have daily runners even in a bear market. I just dont see how this all makes sense...