For the sake of cryptocurrency, we finally need bear market

While many of us are happy about the current upward trend, which also enjoys people whose relationship with cryptocurrencies is indirect and results only from the use of STEEM blockchain, it is important to stop staring at the $ symbol next to the increasing payment counter.

Recently, the creator of Ethereum has threatened that if the community continues its blind rush behind the proverbial lambo, he will leave. I completely understand him because the goal of this revolution is to get more freedom and not lambo for everyone.

A frightening number of projects based on cryptocurrencies appeared in the passing 2017. Most of them have never been verified and should be. Because there are no tools and institutions that allow such verification, the only way to verify suspicious projects is the bear market.

It's hard to believe that projects that have collected millions of dollars in ICO and then were able to increase the value of their assetsby 2000% with speculation only, are suddenly unable to hire professional graphics and are looking for someone for $ 950 for freelancers (yes and 'm talking about populous, funny though internet is not blockchain based everyone still can verify this).

Buying billboards in city centers like New York to advertise unfinished even at demo stage project project - something like that I've never seen before.
The market has to come to its senses otherwise, regulations will be deadly