Quote from: green547 on February 11, 2018, 04:05:46 PM

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose. This is so far removed from satoshi's vision. Premine bullshit scams like onion. Projects that have no reason to be on a fucking blockchain except to cash in money on the hype. We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

YES I agree. Please someone explain to me what the hell these coins do? What happens if the dev team is wildly successful at solving their proposed problem and launches a perfect solution??? So what, the coin you buy doesnt help the developers, it doesnt do anything. If it is actually used on a network then the increasing value of it is counter productive to the success of the network. It becomes more expensive to use the higher the value.

What no one on this forum is willing to admit that aside from the coins you can buy things with or "store" wealth BTC, LTC, etc...) all the other coins are like hobby collecting.

There is no difference in owning 200 KCN or ENG than owning 200 expensive sports trading cards or comic books. It is crazy to me that some of these coins have a market cap into the billions and they are useless in the real world. This is why after a few more spectacular crashes in the market there will be a few survivors. The only way this does not happen is if you link the value of a coin to a stable fiat currency which the cypto founders would throw up if this was the case.

The other comical thing is all of the excuses to why the market is going back to pre December values..... New Year, Chinese New Year, January, February, valentines day, scams, hacks, govt regulation, govt ban, Sundays, bad weather and the list goes on. Cant we all just admit that it grew way to fast and it was not sustainable? And for all of you that wish next week BTC is at 20k, you are all morons. If it hits 20K next week then it will come crashing down again. What you want is it to be 20K in 2019 and grow very slowly over many many years.

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