Theory: the reason for the big boom in crypto this year starting

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Anonymous
2017-09-04 05:16:49 Post No. 3342013
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Anonymous 2017-09-04 05:16:49 Post No. 3342013 [Report]

Theory: the reason for the big boom in crypto this year starting around march was all because of the Ico craze.

Now that icos are dying off and being banned in major countries everything is going to come crashing down to 2016 levels.

Anonymous 2017-09-04 05:25:36 Post No.3342158
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Anonymous 2017-09-04 05:25:36 Post No.3342158 [Report]

>>3342013
>Theory: the reason for the big boom in crypto this year starting around march was all because of the Ico craze.
That's not a theory
That is THE reason
However I believe they'll just find another form of scam and pump BTC again

Anonymous 2017-09-04 05:26:55 Post No.3342182
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Anonymous 2017-09-04 05:26:55 Post No.3342182 [Report]

>>3342013
It's definitely going to have a long term impact on eth, yes. But that's assuming no other fundamental changes to come.

Anonymous 2017-09-04 05:28:56 Post No.3342208
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Anonymous 2017-09-04 05:28:56 Post No.3342208 [Report]

>>3342013
How many ICOs were there?
How many ICOs delivered a product that non-invstors even used?

Shitty ICOs are bad for cryptocurrency. Its like when kickstarter took a lot of flack for having tons of shitty products that never came to fruition. Itd be different if ICOs actually delivered.

ICO money would most likely just flood into other coins. Bitcoin Cash probably did more good than evil by pumping the market with a ton more $$$.

I dont think we'll go to 2016 levels but this ICO stuff needs to be reigned in by markets and crypto news sites to stop dick riding.

Anonymous 2017-09-04 05:31:17 Post No.3342251
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Anonymous 2017-09-04 05:31:17 Post No.3342251 [Report]

>implying this isn't good for daytrading

My only fear is professional traders flooding crypto and taking away my gains

Theory: the reason for the big boom in crypto this year starting

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