This is true, and probably one of the reasons that Bitcoin(BTC) & Litecoin(LTC) have been driving up in value as of late. As I mentioned in my post on viewing ICOs, I am really glad that we have Ethereum(ETH)'s secure contract capabilities to ensure delivery this time around, as this phase reminds me of the kickstarter craze.
RE: MEME: How I feel about ICOs
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MEME: How I feel about ICOs
Yeah, there is a lot of uneducated money starting to poor in, that is what makes me nervous.
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Same! I met a guy at the gym who was bragging about how he put $5k USD into Bitcoin(BTC) because that's all coinbase would let him buy. I asked him to explain it to me, and he couldn't....at all.
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I don't think he will regret it lol, that is if he can handle the volatility. My worry is that ignorant investors will panic sell in a big way next correction. We will see.
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