KodakCoin is doomed, but I talked myself into being bullish on the Telegram ICOhttps://www.inc.com/sonya-mann/kodak-telegram-icos.html …
-
Show this thread
-
inb4 I regret writing this story when KodakCoin inexplicably reaches $1k
2 replies 0 retweets 7 likesShow this thread -
Replying to @sonyaellenmann
the key insight here is that you're not investing based on the vehicle but the other players
1 reply 0 retweets 5 likes -
Replying to @alicemazzy @sonyaellenmann
eg, why ripple blew up despite being literally useless, also every shocked tech news story about "company put blockchain in its name and share price doubled"
1 reply 0 retweets 3 likes -
Replying to @alicemazzy @sonyaellenmann
people (aside from actual morons) aren't putting money into things like that because they think it means anything wrt the thing itself
1 reply 0 retweets 2 likes -
Replying to @alicemazzy @sonyaellenmann
they do it because they know/expect others will and just want to ride the pump
1 reply 0 retweets 3 likes -
Replying to @alicemazzy
You may be underestimating the number of actual morons, if I read you correctly
2 replies 0 retweets 1 like -
Replying to @sonyaellenmann
I'm just discounting the value of their thoughts, if the point of these types of analyses are "why are people doing to this"
2 replies 0 retweets 1 like -
Replying to @alicemazzy @sonyaellenmann
minimum viable savvy in these sorts of things is "here is a basic strategy to extract money from idiot daytraders" which is interesting to look at
1 reply 0 retweets 1 like
but said targets of exploitation aren't less sophisticated fishermen, they're the fish
-
-
Replying to @alicemazzy
This makes me wonder how many people are HODLing shitcoins versus opportunistically buying then flipping
1 reply 0 retweets 0 likes -
Replying to @sonyaellenmann @alicemazzy
Same question re: pivot-to-blockchain stocks.
1 reply 0 retweets 0 likes
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.