Problem of Crypto Currencies

The biggest problem is that they come of out nowhere and people start driving the price up based on rumours and false optimism! Is it a company dealing with some previous material or a revolutionary technology? Almost none of them are link to anything revolutionary, even the biggest name is not reliable.

The blame should go to the governments for allowing such a thing to go on and even trade at all. People now just playing follow the leader, hoping that their token go from 0 to 20000 dollars !

The next worst thing is everyone is now trying to join the ICO party, hoping it goes from 0 to a figure a few hundred percent higher!  Not sure why so many people are optimistic about such electronics dollar. This is just pure speculation and it can disappear overnight or the next second as proven by coin exchanges that were hacked and losses millions worth of coin.

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