Post
Topic
Board Bitcoin Discussion
Re: Mycelium's "crowdsale": basically a donation, not an investment by any means
by
alani123
on 04/06/2016, 09:43:24 UTC
Well I invested quite a bit into Mycelium think its a better deal as some of those other ICOs.Not interested if an exchange wants to trade it or not though I bet many will.Here for the long haul till Mycelium turns into a financial institution.
You dont want to trust a company with the best wallet in the world that delivers constantly but you will trust a Russian with millions of dollars in a NXT clone.People get your priorities right.
It is not an ICO though, which doesn't make the fact that it hasn't been added into any exchanges too surprising, but that's not the only factor. It's not as simple to add colored coins into an exchange when the existing infastructure supports other kinds of tokens. The crowdsale was met with decent success though, based in the money that it attracted. The fact that no exchange Was prepared to add the token at launch kinda gues to show that there wasn't enough interest from third party exchanges, on which Mycelium implied reliance for trading (at least for now). I'm sure that this has been disappointing to certain investors as this non-security hasn't showcased any speculative value so far, which always is in the interest of people that put money in such bitcoin related "investments". But I guess that I am a dick for posting my thoughts on the matter. Tongue