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RE: G-rant about Ethereum

in #cryptocurrency9 years ago (edited)

investing in ICO was a smart way to play with crypto last year, but for the past 9 months investing in ICO's and crowdfunding campaigns has been the worst way to be involved in cryptocurrency, as 100% of the projects stop development after the ICO coin hits the trading platforms and totally looses it's value in about 2 weeks. I say do not invest in anything that is not already working. In the cryptocurrency space steemit is the only application that actually works, and bitcoin works as a currency, everything else is all speculation. I think zcash is a coin to keep a close eye on, as the funding and people involved in that project has very big connections outside of the crypto community.

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I agree 100% with your assessment about Ethereum. Two currencies I think have a chance other than Steem to really make a lot of gain over the coming years are Monero (for the dark side of net transactions) and Dash (a committed community, project award system, instant confirmations for transactions, and an amazing development roadmap for real world use). Other coins that I've researched so far lack unique qualities for mass adoption. I DO think Zcash is a garbage coin, however, but you are right about the connections it has, and it might become something worth taking another look at down the road if the founders and devs get their act together and make some changes.

yes, DASH has great potential, it is patiently waiting for cryptocurrecy to "blow up" and then DASH can make it's mark on the world

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