The problem is the ICOs. The ICOs fever is clearly a bubble only waiting to burst.
RE: Is the Bitcoin bubble going burst?
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Is the Bitcoin bubble going burst?
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I agree the ICO bubble will burst once most people don't get the returns they were expecting. When this happens they will stop buying ICOs. Ethereum will most likely get hit harder than Bitcoin.
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I've heard the term - but what is an ICO?
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ICO stands for Initial Coin Offering. Companies offer the public to buy coins prior to release to the exchanges. They generally go up from there and then the investors dump their coins to get their cash out. But not always, some crash straight away as they were overvalued.
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