Post
Topic
Board Service Discussion (Altcoins)
Re: [POLL] Just-Dice.com investment poll
by
BayAreaCoins
on 15/07/2016, 14:55:16 UTC
Investing with BTC makes sense, but CLAM ? I really do not understand this - it is a rather obscure alt with low liquidity - why would anyone put any amount of wealth into such a thing to begin with?

Alex

As I understand it... CLAM was meant to be a downgrade.  

Just-dice once had over 60,000 Bitcoins invested in the bank roll.  Bitcoin was at $1,000 per coin and that's a good chunk of change for dooglus to be handing.  Canada then started acting sort of strange about BTC... CLAM is just like a level further away from fiat and currently has no fiat markets.

CLAM is more like a cheap JD token that everyone was given for free if you owned BTC, LTC or DOGE in 2014.  Basically, the distribution of CLAM is like a free voucher to Just-Dice with every address that you had in use or a free voucher anywhere else that accepts CLAM (can sell them for Bitcoins easily as well... aka "Dig n Dump".)