Re:How Ethereum can be stolen through DNS rebinding
by dorgo on Monday March 12, 2018 @06:31PM
(#16572294)
>You don’t have to be irrationally exuberant to succeed in the market, even if it’s irrationally exuberant.
Yes, but it is risky. If you don't follow trends/buzzwords you have two threats: 1) You bet that many people (the market) are wrong and you are right. Possible, but unlikely. 2) You bet that after these many people (the market) come to senses and realize that they were wrong (remember: nobody likes to admit that they were wrong), they acknowledge that you are right and buy your product. As the funny saying goes: "the market can stay irrational longer than you can stay solvent".
Secondly, if the market is wrong and you dance to that tune, eventually when reality catches up the market will realise it’s mistake. Trust me, the market can sell out of your company faster than you can pivot your entire business model.
But sure, it is possible to make money following trends. But it’s not the only way. It’s not an immutable law of capitalism, and there’s plenty of money to be made providing actual, sustainable value.