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RE: ETC Mantis Release & Market Behavior

in #ethereum7 years ago

Well, the issue is, so many hyped projects come online, it is hard for the old hype to compete with the new hype. NEO would be great if no new projects ever launched. But in the next 12 months, about 300+ more projects are going to launch, enticing the speculator dollars elsewhere, and if a system has no users, we see the problem. Speculators get bored, they want the fast money, and "new is better" in crypto, 90% of the time.

I agree about the system users, using a system without necessarily touching the crypto. That's one reason I like EOS a lot. In general, I consider those system use tokens and not currencies, but the system use can make it into a popular currency.