Quote from: marketingtiger on June 16, 2017, 04:53:54 PM

@drays

I noticed your concerns; you should continue to hold on to those concerns. I have zero problems with it.

I know from personal experience that benefits [and often losses] come to those who take on risk in spite of [objective or subjective] uncertainty. I mine a lot of Bitcoin and Dash (and my mentor mines 10x as much as I do), so I have seen a lot of market ups and downs. I have been scammed many times but I have profited much more. Believe it when I say I could have come up with millions (not literally millions) of sound reasons why I should avoid the PROC opportunity, but I did not because I could afford the loss. I mine more Bitcoin and Dash in one month than the entire ICO collected, yet I donated less than 1% to the ICO. Honestly, I regret my decision [I should have donated more]. But, that is how it is when it comes to me behaving rationally.

Quote

Bounded rationality:

"Concept that decision makers (irrespective of their level of intelligence) have to work under three unavoidable constraints: (1) only limited, often unreliable, information is available regarding possible alternatives and their consequences, (2) human mind has only limited capacity to evaluate and process the information that is available, and (3) only a limited amount of time is available to make a decision. Therefore even individuals who intend to make rational choices are bound to make satisficing (rather than maximizing or optimizing) choices in complex situations. These limits (bounds) on rationality also make it nearly impossible to draw up contracts that cover every contingency, necessitating reliance on rules of thumb."

Read more: http://www.businessdictionary.com/definition/bounded-rationality.html

I hope you get all your concerns addressed. Stay with it--there is no harm in it. Be strong!

-mt

ps, I love PROC's retail play! Rah-rah-rah! Grin

What you write above makes perfect sense, and its one of the reasons I still read this thread - to see whether my conclusions on this specific project are correct, or I was mistaken and so there is an opportunity for me to learn from this possible mistake.

As to whether should I hold on to my concerns or not... let me decide it for myself. Up to now there is still no resolution to those my initial concerns, and all they still remain valid. That doesn't mean I need to be strong to hold on to them, as they do not stress me in any way. The investors are the ones who should care, not me. For me this coin is a watching experience, nothing more.

And yes, investing in PROC *is* an opportunity, just I believe there are much better opportunities now, the ones which have real tech behind them, have much less scam-like appearane, and - why not to tell it - way brighter developers. I know what attracted you to this project, is not tech features, but marketing and "retail play", but if you look more carefully into history of this place, you could see that practically every single project on BCT, which used marketing buzztalk instead of normal human language + tech jargon, have turned to be scam. That has a good reason behind it, but I will not elaborate, as you wont appreciate it

So... lets see. In any case, as I told before, I believe this thing WILL be pumped before being dumped Grin