I'm actually kinda worried with many ICOs lately, means there shall be huge dumps of ETH. Investors raises the ETH price as they invest in ICOs, then after that we may see huge dumps. Agreed that some of them should not need that much money.

I could not agree more with this sentiment. Taking time out of the equation will be the key to progress, not money. Money is an enabler, but not the whole tool.

I think a lot of ico's will not make it but the ones that do actually provide a solution to a problem.  I definately agree with you in the manner that all this money isn't needed, but grateful than EOS allows the average person get in on a good project to create aome wealth.

I'm really getting a lot out of your videos.  Thanks for doing them.  I can see why you're gaining more subscribers: very professional, well-organized, clearly communicated, plus you have a good vibe.  One more thing: you like Dash...me too!

I like this concept, light easy understandeble vids and more deep dives in articles. Keep it up!

This helps those new to cryptocurrencys to be patient. Thanks!

The structure of payment is more important that the amount. For example, Dash is able to fund their developers, masternodes and miners dynamically and with concensus. This is more than any other competitor out there. Furthermore, keeping investments lean, helps IMHO, focus groups to achieve goals, rather than sniffing cocaine (etc).

If you have 3 developers giving them $20 million extra money will almost guarantee some hookers and some blow. It's actually detrimental on the long run. Like overfeeding a cat.

I am new to cryptocurrency and I started wathcing your videos before I even was on Steemit. So my knowledge is very limited in this regard. But I totally see that as a problem because it is so obvious that people just try to pump and dump the new currencies. That will hurt these projects and probably even destroy them. And that will create a bad reputation for crypto in the main stream. 

But bad apples exist everywhere. Like you said, a few highly intelligent people develop technology that can change the world. And good ideas have a better chance these days than 20 years ago. 

I asked you this before but I haven't seen any post from you about it yet: What do you think of LBRY? They haven't had a ICO and build everything up from scratch with the community. They do have some strong backing but because the idea is good not to speculate.

Yes there is much money, and there is also a lot of risk (bankor is a clearly example with 40 lines of code).
PS: EOS is already traded on bitfinex and kraken.

I totally agree, however at the same time I love that so much money is put into projects. Why ? Because that way they can hire more developers to do research an programming. The CEOs of the ICOs probably don´t  run away with all their money and do nothing because they will lose their reputation and others will try to do the exact same thing.
It´s just like .com-time, their will be some big winners and a lot of losers. I´m happy that those blockchain companies get all the funding they need and people that invest in ICOs just need to know that it is an risky investment. Cryptocurrencies are risky, ICOs are VERY risky.
There will be a time when all those bubbles burst and many people will lose their money, but their money will have contributed to developing the technology to decentralize and democratized our world !

Good post and good replies so far I think. Yes, boxmining is right and we should be displeased on behalf of everyone's financial wellbeing. Myself also thinking there are going to be lots of failing ICOs and also blockchains and much money lost. Only selected blockchains will make good rewards by proving to have a real use case and followers / users in large numbers - imho steemit potentially moving into this selected group. Fasten your seatbelts, rocket engines still at full take-off power accelerating through v turbulent and nasty weather.

I think its a worrying trend, and all it will take is one of these big ICOs to collapse for whatever reason to have a major ripple effect on all cryptocurrencies - at least for a short time, but potentially longer as well. I feel like the ICO thing is a bubble waiting to pop.

I agree with your point of view, far too much money spent on these ICO's and am sure some of these coins are just scam or will be useless in the future. It seems that everyone wants to have a coin. Thanks for sharing

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"If a system can be gamed, it already is."

Never assume people will just let money pass them by regardless of the consequences to the long-term.

I think I need to start a coin and get my hands on some juicy $163M dollar investment :D.

This is a good point. In most blockchain projects there is no need for a lot ivestment in infrastructure for example. The internet is already there and almost everyone has a computer and/or a mobile device.

The most revolutionary projects are often cooked up without anyone getting paid for it, but just because someone believes in something.

BTC ico was exactly 0$, I'd say that technology did pretty well :)

And for the current ICO climate, it's absolutely insane. How many companies raise 150m in their seed round of funding? 

I've written a post about that, if anyone is interested feel free to click my profile.

I'd like to thank you for the work you do, I'm starting to become very well informed after finding your YT channel!