Quote from: cryptodromeda on July 19, 2017, 12:12:31 AM

Quote from: smooth on July 18, 2017, 11:40:28 PM

Quote from: rangedriver on July 18, 2017, 06:43:37 PM

Heres Why "Dont Buy Monero" Should Now Be Retired.

It is still reasonable general audience advice. In one interview, I heard fluffypony add something to effect of "If you are an extreme speculator then sure go ahead and speculate". For anyone else, the advice is perfectly okay. This is not a proven asset, it isn't in a proven asset class. There can be bugs that completely destroy the currency.

As for "extreme speculators", I question how many people really are that. Extreme speculator to me, means that you know that your investment has a significant chance to lose all or most of its value and accept that when buying in. That takes significant financial and emotional preparation and resources. How many people here on the speculation thread raise a stink and declare XMR dead every time the price drops by 20-30% (still 70-80% less of a drop than the the full-loss scenario)? What happens when we see a 90% drop, as has happened to XMR before, and to BTC multiple times?

How about, "If you are going to be upset when your investment loses 20-30% of its value (not to mention 90% or more), then don't buy Monero"? In practice that's going to be the same thing for most of the audience.

and the general ball-park of caution / responsibility is fine. But when memes start appearing on Twitter where the words Dont Buy Monero feature heavily (without context) then there is the potential for a problem and protagonists of those words (if intended positively) need to reflect very carefully whether it will be received in the manner in which it is delivered.

Theres a big difference between offering responsible speculative advice, and inadvertently creating a confused and auto-toxic meme that will only hinder the project later on.

Specifically: As Moneros promotional dimension moves into the arena of television interviews, we dont want the hosts last words to be: You heard it hear folks Dont Buy Monero.

Very good point. If we want the wider world to start taking Monero seriously, we need to bid farewell to the numerous in-jokes and historical references that few understand.