It's ICO! — Hive

Saturday humor from @crypto.girl.

Disclaimer: It's just a kind of parody of the current ICO rush, don't take it too serious, there are still great ICOs out there 😉

If you like it, please upvote and follow me for info about cryptos 💰

Beautifully done! ✅

Hilarious. There are a few solid ICOs, but in the short term most ICOs simply inflate the money supply reducing the value of Ether unfortunately.

They also put a downward pressure on the price, because companies that hold ICOs can't pay rent or utilities in Ether.

Exactly, also they are selling lots of raised crypto to fiat in order to sustain development at least for several years (it's openly declared in terms of lots of them), which started this downward trend.

Я ровно это имел в виду by "put a downward pressure on the price."

True Flip {ICO} - Already running a transparent blockchain lottery! Bomb! Bonus 20%! Hurry! :)
The platform is already working and making a profit :)
https://steemit.com/ico/@happycoin/true-flip-ico-already-running-a-transparent-blockchain-lottery-bomb-bonus-20-hurry

Is it like the one in my pic?)

Very true. It's difficult to tell the shit from the gold. I have been staying away for the most part myself, with the exception of acquiring some EOS as soon as it was listed. I refuse to touch any of them without researching extensively first, but I can never seem to find the time to read through all the whitepapers.

Funny. Now following you.

I guess we are all the dung beetles and we eat that shit up.

I agree too many ICO's, it will lead to market saturation and soon people will be sick of them, or if that hasn't happen already?

Pretty funny actually 😂

That's funny and very true! There are some people out there doing crazy stuff. It looks like they are "throwing spaghetti to the wall to see if something gets stick".
Upvoted!
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This is so true! :-)
I see you're into crypto stuff so I really wan't to show you a cryptocurrency that I'm in....I made a post about it, so if you are interesting click here.
I just followed you so I can learn some new things from you :-)
Wishing you lots of upvotes! :-)
Nena

Did you lease it? Tell me how to do the same as you.

Nope. That +27 was a bonus after registration. The rest SP I bought.

This post received a 3.1% upvote from @randowhale thanks to @crypto.girl! For more information, click here!

Thanks, feel free to use it :)