Quote from: monsterer on October 22, 2015, 06:50:01 PM

Quote from: americanpegasus on October 22, 2015, 06:45:16 PM

Quote from: Come-from-Beyond on October 21, 2015, 06:05:54 PM

Here is the announcement thread of a token based on DAG tech.

Presale fail.

How can someone be smart enough to understand mathematics and computer science well enough to launch one of these but not understand that no pre-sale coin can ever become a world standard for value (or will succeed against nearly impossible odds if it does)?

Look at coinmarketcap, there a bunch of presale funded coins in the top 10 - it makes no difference to performance at all.

None of them have become the world standard of value and using market cap as a metric is suspect due to the "sell one coin to a friend" problem especially in anonymous ICOs where no one can really tell whether they have ever been distributed by an effective market process.

Whether such a coin can in fact become a world standard of value in the future is unclear, so I'm not quite as negative as AP. All those coins in the top 10 are nowhere close to Bitcoin's value though (which in turn is nowhere close to any existing world standard of value). So it seems fairly doubtful at this juncture. In fact on this basis alone your statement that it "makes no difference at all" isn't supportable. How about we try a simple regression between presale and no-presale. Any guesses on the coefficient?

But as CfB says if there technically isn't a way to distribute over time then it needs to be done another way. That much is certainly true.