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The Gamblers are gone with a lot of blood and the true players slowly come back to the table 26 Feb 2019

The Gamblers are gone with a lot of blood and the true players slowly come back to the table

The crypto markets have stabilized somewhat and it is quite possible that we have already seen the lowest prices. However, a look at the 12-month chart clearly shows how far we are from the market environment a year ago.

The good news: It's a very good time to build a new business in the blockchain area. The Gamblers are gone with a lot of blood and the true players slowly come back to the table.

The mechanisms of a functioning and stable market are returning. These include real products, real business plans and technology that really belongs to the Blockchain Industry.

It is still difficult to get fast money from the community. ICOs sold out in a few days or even hours are a thing of the past. But who were these investors? Did they really deal with the project or was it just the herd mentality and the greed for fast money?

Investors who are currently investing believe in the projects and these are the kind of investors you want as entrepreneurs.

At present times, in my view, Bounty Hunters are very dangerous. Markets are far from stable enough to cope with selling pressures emanating from Bounty Hunters. Since they received their tokens without paying for them, we see in the Exchanges unlimited sales that weigh heavily on the price.

Therefore, ICOs should consider very well how and to what extent bounty programs are used.

We must not forget that we are always at the very beginning of a digital revolution. Even at the beginning of the Internet, a lot of blood had to be shed and the big sub-trees that we see today were not the companies of the very first hour.

Expert opinion by Dr. Felix Hoetzinger for ICO Market Weekly Review #8, 2019

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