Hey guys I'm getting frustrated with SDC. The wallet is slow and crashes constantly. I've been downloading the blockchain for 4 days now and it's only at 15%. I read the whitepaper and got excited about the tech and put over $400 into it at 74k, only to watch the price go down to 61k today. I'm on iOS X is this going to get better? I can't "cut my losses". It looks like I'm locked in this for seemingly forever... I'm sort of waking up to the trends on Bittrex now... one day it's TRON the next day it's CRAVE and then today it's some new coin called 8Bit. I thought I was investing in new and innovative tech, sort of like how bitcoin was years ago, turns out this more a of stupid game of hot potato and I'm starting to regret my purchase decision.
SDC seems to be the better out of the recent anon coins, but yes it's mainly rinse and repeat when it comes to volume. Bots create about 90% of it for these coins. After 3 months Crave and Tron will most likely will be under 10 btc volume before it eventually becomes a write off.
You have seen this story before with CINNI,Cloak,Stealth,Crypt etc etc.
These coins are the slot machines of the virtual currency world, they have absolutely no future in mainstream adoption but great to trade with. I am terrible with trading so I just stick to coins that will have a long term future like Guldencoin and Digibyte.