Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Qtum] A Scalable POS Smart Contract Platform| $15.6M raised
by
testerx
on 08/06/2017, 05:13:08 UTC
Keep calling it FUD...but ask yourself why no reputable exchange outside of a few Chinese exchanges would list this coin?  How come a coin valued at $1 billion can't get a listing on Polo? Bittrex? Liqui?  Use your brain.  I dared you to buy at $15....I dare you to buy at $9...This is no ETH...and even if it was...even ETH had hiccups/growing pains.  You think a team with no track record, alpha...is going to not have a single hiccup?  Yet people keep throwing money away cuz of "China"....why does a country need its own crypto?  Aren't successful cryptos supposed to be global/borderless and most importantly TRANSPARENT?  I actually think the "it's China" argument makes this less valuable because it tells me this coin is constraining itself to a particular region- a region known for a lack of transparency.  And everything this project has done so far follows in the Chinese tradition of poor transparency.  
They literally can't list it because there's no coin yet, what part of that is hard to understand? It's a guarantee that this will be on all the major exchanges once it's in mainnet.

As for China, the reality is that most cryptos just don't appropriately market towards the Chinese market's needs and Qtum has chosen to actually work on that.  It's an underserved niche, because Chinese folks can't access the same social networks as the rest of the world, so if you're not talking to them on Wechat then you're not there.  You don't understand that because you clearly don't know anything about the Chinese market, which is precisely the problem-most newer cryptos haven't actually worked to penetrate the Chinese market, which gives a huge opportunity for Qtum to take Ethereum's place in China.  This doesn't mean that people who buy Qtum don't believe in a borderless cryptocurrency, it means that you see an opportunity for an underserved market to be better targeted by people who actually understand that market instead of people who sit on forums posting garbage.

Either way, if you don't like Qtum that's great, nobody's asking you to put money into it and it's not even in testnet yet.  It's going to make it to testnet and mainnet long before Ethereum ever did but you're here posting gibberish about how Ethereum would never have done it like this, lol.  Ethereum took forever to make it into production, so if Qtum manages to get mainnet up by September they'll have done it well under half the time.