[ExI] Initial Coin Offerings Horrify a Former S.E.C. Regulator
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.
Sample my latest Kindle book "Sand Trap":
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