Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] CRYPTO FOCUS - LAUNCH 19h GMT today, Masternode, Anon Tx
by
CoinBateman
on 15/05/2015, 03:41:16 UTC
Quote from: placebo on May 14, 2015, 07:30:37 PM
Quote from: CoinBateman on May 14, 2015, 07:23:20 PM
Quote from: placebo on May 14, 2015, 07:19:31 PM
Quote from: ihascryptos on May 14, 2015, 07:15:16 PM
Well.  No dev here. I wonder if he knows what he did is legally fraud in most countries.  It is one thing if you take an ICO and deliver a shitcoin but it is another thing completely to take money and walk away.  No coin in 12 hours and i start making phone calls.

Btw, the only thing that DEV has is a debt of 3 BTC with C-CEX and no BTCs at all, so who will you call? The fonds are locked for 5 days, even after those five days, it will still be in hand of C-CEX if it is a failed coin, so we are all protected by C-CEX. Cheesy

The spokesman is so cringe, everybody must be blind to not see this is such a poor attempt to sell an ICO.

Cex will hold for 5 days, after which some prepared fluff material will be released and and the coin will dump.


Dumped even more? Ah, that is the typical situation of all coins... some coins take a little longer to be dumped. Look at CRAVE, SLING, TRON, had all nice runs but now being dumped too, look at BTC had a nice run, and now being dumped too. Lets face it, this market is like a bubble, people are buying nothing and they get nothing, remains me of the dot.com bubble, company came on Nasdaq and were worth millions and millions of dollars and they only sold $100k or so. A lot of those owners made big money and all empty bag investors. Altcoin world is also a big bubble, one day everything will exploded and BTC will be worth $100 or so, and no other coins anymore. 2 years ago, you had CAT, EAC, MOON, FST, ... all coins that were worth more then a million and now... look how difficult it became, in 2017 you will have almost no other coins worth more then $1,000,000

The market is a greed fest. Nobody cares about any of the coins at the end of the day. Just BTC. Btc is dumping sure, but it has maturity and anybody in crypto is init for BTC. In that respect, BTC has survivability because everybody wants it. The difference between BTC and any other coin is really that the other coins have non utility other than being a speculative trading asset. If any of these coins could one day actually derive real value for goods and services that a whole lot of people want then it'll maybe it'll be a true rival to BTC.

Don't underestimate the first mover advantage. Most altcoins have better tech and features than BTC, but they all fail in comparison.