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RE: Hooter's Want Crypto / Ark Hackathon / BCC Profits
I agree.
My first filter prior to reviewing any ICO is whether or not the developers, marketers, etc...., basically everyone involved in the coin or token is visible. Not a screen name with an avatar but a real name, face & background information/credentials. That weeds out most of them right away.
Today I came upon WORM coin. It is an ICO for a website that sells worms. The site looks like it was made in the 1990s, and there was no mention of the ICO anywhere. I just found it on the biggest losers on coinmarketcap. Funny thing was there was $145k of trade volume. People will buy anything sight unseen right now.
So true. The amount of new money from a new generation of amateurs is flowing in exponentially. Some are just buying up the cheapest coins they find listed. I can't believe how many crap coins I was trading 2-3 years ago and thought were dead are now back and alive. I guess we should call them "zombie" coins. Reddcoin RDD is one good example. I remember a few of us trading it on Cryptsy exchange for fun and profit then like all crap coins it tanked to the abyss, now look at it.
Yeah for sure. I like that zombie term. Ha! Dogecoin seems like one of those.