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RE: Datawallet - ICO that Tim Draper is Backing Up!

in #ethereum7 years ago (edited)

Sorry I need to be devil's advocate here for discussion's sake, respectfully...

From your site: "If guy who invested in Skype, Tesla and SpaceX decides to get on an ICO, you better not miss it."

From your post here: "Luckily there's enough time."

We're not sheep. Is this how people should be lead into investment opportunities with fomo pumps and success by association?

I'm sure lots of people predicted that Bitcoin would hit $10,000 at some point in 2017, but perhaps Tim Draper has a higher celeb platform to make sure his "call" was the one on record to attribute brilliance to. That doesn't mean that his past performance will indicate future results, especially in crypto and on a brand new ICO.

I appreciate the tip, but I think it could have been presented in a much more educational way instead of easter egg lines to get people amped up about acting fast before the opportunity disappears. "Always do research before investing!" is absolutely right, but it's literally the tiny small print disclaimer at the bottom, versus the core of the message, which it should be for these startups citing lofty promises in these emerging markets.

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True. Tim Draper was also backing BitBounce which looks very shallow these days and havent lifted off the ground at all.

I see where you're coming from @steemmatt but in turn, if someone is rushing to invest because they read this post, I don't see a strong future in any stocks ahead for them.