KodakCoin is doomed, but I talked myself into being bullish on the Telegram ICOhttps://www.inc.com/sonya-mann/kodak-telegram-icos.html …
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inb4 I regret writing this story when KodakCoin inexplicably reaches $1k
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Replying to @sonyaellenmann
the key insight here is that you're not investing based on the vehicle but the other players
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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"
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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
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Replying to @alicemazzy @sonyaellenmann
they do it because they know/expect others will and just want to ride the pump
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Replying to @alicemazzy
You may be underestimating the number of actual morons, if I read you correctly
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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"
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oh, investors, the business side is just goofy
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