RE: Can ICOs Do to the Price of Steem What It Did to Etherum's Price?
Hi dear friend @gandhibaba.
We must remain hopeful in the growth and evolution of the Steem Blockchain.
Those of us who have remained here despite low prices, know that we are on a successful platform. Since March 24, 2016 Steem Blockchain has not stopped in its evolution. We have experienced several HF, steem-engine and now SMTs.
Can ICOs Do to the Price of Steem What It Did to Etherum's Price?
It is possible, but remember what happened with the ICOs boom and its subsequent fall. It was like a fleeting crypto-burbúja.
The important thing is that the next SMT ICOs are honest, real, feasible and sustainable projects over time. Otherwise, if we experience massive fraud this would be the total and absolute end to the STEEM blockchain.
Your friend, Juan.