Half of ICOs Die Within Four Months After Token Sales Finalized

Post by wpietri » Tue, Jul 10, 2018, 3:44 AM UTC

darawk wrote: post #140

hudon wrote: post #116

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1. What if we put "beginning" as in "before it was even called the Internet"? Indeed, ARPANET, which came online in 1969, saw fast growth in the United States in the 70s. Nodes came online to use it , not to make a quick buck. The government subsidized it because its potential use was obvious. Email started being used in 1972, FTP in 1973. To compare these world-changing technologies that were invented and used merel…

> What if we put "beginning" as in "before it was even called the Internet"? Indeed, ARPANET, which came online in 1969, saw fast growth in the United States in the 70s. Nodes came online to use it, not to make a quick buck. People use cryptocurrency too. For value transfer, and to a more limited extent, for dapps like Augur. You seem to be criticizing the delta between the lofty hopes for it and it's actual usage. T…

Post by danans » Tue, Jul 10, 2018, 4:06 AM UTC

solotronics wrote: post #276

darawk wrote: post #260

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These are open questions. And it may be that blockchain will be an underlying infrastructure that is mostly used by large, centralized entities to settle between each other. But if that's the equilibrium into which we settle, individuals will still have the option to control their own assets in a true sense, even if most people choose not to.

it would be really cool to be able to verify the ownership of any property on earth by checking Bitcoin or Eth block chain, but there would have to be a way to have authority unanimously change the record.

Post by abledon » Tue, Jul 10, 2018, 4:13 AM UTC

reificator wrote: post #275

mockingbirdy wrote: post #55

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Snake oil is actually very useful: https://www.organicfacts.net/health-benefits/oils/snake-oil.... My superpower: Taking things literally. Still more useful than the last 10 ICOs. And my bad jokes aren't as bad for the environment. 10k joke-coins pre-ICO and 2 downvotes for that one for me! We had three innovative ideas in the financial sector - certificate of debt, compounded interest and book money. And now the fou…

When it comes to health benefits, I'm not likely to click a link to `organicfacts.net` and assume it's backed with scientific evidence.

Post by freddie_mercury » Tue, Jul 10, 2018, 4:16 AM UTC

mockingbirdy wrote: post #55

protonimitate wrote: post #41

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>>It's weird because people compare it to the early days of the Internet... but the early Internet was useful from its beginning Exactly why so much wealth was created by the Internet boom. The wealth came from utility that already existed, just needed to be harnessed to its fullest potential. ICO scams are based on generating wealth first and hoping that utility follows at some undetermined time in the future. It's…

Snake oil is actually very useful: https://www.organicfacts.net/health-benefits/oils/snake-oil.... My superpower: Taking things literally. Still more useful than the last 10 ICOs. And my bad jokes aren't as bad for the environment. 10k joke-coins pre-ICO and 2 downvotes for that one for me! We had three innovative ideas in the financial sector - certificate of debt, compounded interest and book money. And now the fou…

Post by ENGNR » Tue, Jul 10, 2018, 4:22 AM UTC

DonHopkins wrote: post #261

ENGNR wrote: post #159

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Geez sorry for outlining both sides of an argument in response to a question, hivemind downvotes are strong today

It's ironic how the crowds of pro-crypto-currency shills so predictably whine and throw around the word "hivemind" in response to thinking people reacting rationally in response to their mindless greedy knee-jerk decentralized marketing of fraudulent pump-and-dump schemes.