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RE: World Wild West Web: STEEM, SBD & EOS Are All Riding High. EOS ICO receiving $15M per DAY (And there's still 6 months left to go!)
I think that with all our (experienced cryptonauts) knowledge in blockchain technology, we tend to overlook what matters to the newcomers - ease of access. The recent growth in Litecoin and Ethereum is easily explained by coinbase being the nr.1 app in the US at the moment. Wait till they learn about bittrex.
I have also learned to only invest in long term projects I really believe in; these are the bags I want to hold even when they drop hard. I was rewarded for this strategy with the recent EOS pump, and as always, people start talking about a particular coin when the FOMO hits, every damn time :D
Hehe - yes, i agree. The fact that Facebook and many other mega corporations continue to dominate despite their significant failings is evidence that accessibility and market profile are key.
The failings are only noticed by those who are attentive and not satisfied with a culture of manipulation and servitude.