Post
Topic
Board Announcements (Altcoins)
Re: [BBR] Boolberry: Privacy and Security - Guaranteed[Bittrex/Poloniex]GPU Released
by
sonoIO
on 06/11/2015, 16:34:40 UTC

IMO one can not draw any conclusions while volume is this small. Anyone with 100BTC can make BBR or AEON (or both) markets looks as he/she wishes. When the volume picks up, and soon it probably will,


Is there any specific reason why you think volume will increase soon? You may be right but I am still interested in hearing your reasoning.

Sure mate. Even if we ignore crypto is on the rise, as expected for a November I supose, the push toward cashless society will make (privacy-oriented) crypto rise eventually.

Let me give an example. Let's assume for the second we have perfect society with no problems at all, and we accept cashless system. At first, flowers are blooming in the winter and unicorns play in every park. But people also are part of the environment. So Joe takes his mistress to a dinner and pays with a card, as there is no cash to remain private. Now all you need for his wife is to have benevolent friend in payment-processor company, or just a guy there to have a crush on his wife for problems to start. Before long Joe will wish for some privacy-preserving payment system that does not depend on potentially week link (in terms of privacy). After a while BBR has a market of Joes. In this example all players were benevolent humans, now let's think of developments in the real world with some corrupted players. There will be ppl in payment-processor companies of this example that will profit from the information of a kind (corruption), and other ppl in those companies that will make a life-stile in comforting wifes of a kind (manipulation and coercion), given the cashless system runs long enough.