[ExI] Initial Coin Offerings Horrify a Former S.E.C. Regulator
Dan TheBookMan
danust2012 at gmail.com
Thu Nov 30 19:06:57 UTC 2017
On Nov 30, 2017, at 9:37 AM, Brent Allsop <brent.allsop at gmail.com> wrote:
> Yes, it is 1999, again, already, and possibly in a much more significant way.
> Yes ICO’s, and holding crypto currencies are very dangerous. There is still everything from insider trading, to pump and dump schemes, to Ponzi schemes, and you name it.
> But, in 1999, if you picked the right company, Google, over all of the other many search engines, Amazon, over all of the many online retailers, Facebook (ether?) over Myspace (bitcoin?)… I think there is much more top end make huge profits in a small amount of time than there ever was with the last dot bomb.
A little nitpick. MySpace and Facebook didn’t exist until years later. Google didn’t IPO until 2004. So you couldn’t have picked them in 1999.
Regards,
Dan
Sample my latest Kindle book "Sand Trap":
http://mybook.to/SandTrap
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