Re: Rubies [RBIES] ICO poll

Many of these people worked very hard to acquire large amounts of BTC and they are not short term thinking people.

One or two years is not a short term and people might not think anymore if they are benefiting by dumping.

Quote from: BetterBets.io on March 10, 2016, 11:29:02 PM

I'm saying this not because I want an ICO, it doesn't matter to me it's really just another tool for distribution

You could do campaigns on forum but that wouldn't get you any money.It is perfect for the distribution though.

Quote from: BetterBets.io on March 10, 2016, 11:29:02 PM

but I need people to understand that those who invested over 130 BTC did so knowing this was not a pump and dump and had real potential for Rubies being top 10 altcoin.

I don't want to say anything here but people who thought that for a no POW coin with no real coding are seriously joking.

Proof of work and special tech do not make a currency, this is often a mistake many developers make when creating anything software/hardware related. Usage and function far outweigh tech/vaporware in the long term. I think your other points have validity but human nature will end up being the judgement call on that in the end anyway.

What you are talking about is exceptions but in typical cases the work or coding done reflects the motivation of the people doing and if it has new ,real features then it's perfect for investment.I am not saying the coin will be dumped or is another shit coin but people might not consider keeping it for years and decades but instead unload it when the time is ripe.

I concur to a certain degree cashking, our motivation though falls into a category of 'create usage demand before technical prowess'. The fact is, there are plenty of people in Bitcoin/altcoin with developer skills and blockchain theory to make innovative changes to Rubies, in fact some of that is being worked on now. The missing factor until now is real promotion and advertising, there is a large imbalance in this industry where the focus lies primarily on code vs. marketing and use. Rubies is working in reverse of the norm by giving use and stability first, as tech can be added later after adoption is widespread. Either way, the bottom line is we can count on one hand how many business backed coins have ever launched, whereas there's thousands of tech filled altcoins in existence.