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RE: Why The ICO "Bubble" Will Never Burst, Like The "Dot Com Bubble". It Will Just Slowly Adjust
This is an interesting idea. It sounds plausible that we'll have more of a "soft landing" than a "pop" with some ICOs, the ones that are honestly trying but not succeeding.
On the flip side, some highly valued ICOs are actual scams (FirstCoin is a current example) - these, I think, are bound to crash to zero in spectacular fashion.