Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - Cryptopia
by
gurumeditation
on 01/08/2017, 17:53:56 UTC
My line of thinking is basically that this is still a very virginal industry. I'm completely unconvinced that Zcash or Monero are better or more secure. All altcoins are yet equally to stand test of time... for that reason it makes sense to enter into equal amount of risk at a much lower entry price than at a much higher entry price. A couple of years from now we will know which altcoin had the most amount of bag holders - and I think we will all be very surprised - any one of them could have a ton of surprises up their sleeve.

At worst I will only lose $100 worth of electricity with Signatum, what a travesty Smiley

As for people claiming that Monero or Zcash is better, more secure and so on - that's what they all say... nobody knows that yet.

As for dumping this coin, it's just dumping it into another crypto - and how do you know it's better? I think even the best cryptographers would find it difficult to make a deep risk assessment of one crypto currency over another - they are all at the same level right now.

Look at QRL project, those guys are really thinking 10 steps ahead, mainnet launch in sep/oct,  if signatum won't rise by then, I will sell it in favor of QRL
QRL is maybe a good project on the paper, but I all I've seen until now is a internal war (classical ICO : we take the money then we fight, and we don't give a fuck about people who invested in) and a classical PoS test, nothing that can change the game so far. Also I am a little sceptical when I heard the word "quantum resistant". Hope things will go on a better way from now.

That's not true, they hired a social media manager 1 month before ICO, he got greedy and demenfed 33% of all funds, got fired, got upset and used social media to justify his hit article on medeum, devs didn't touch ICO funds yet, founderbis financings the project out of his pocket
I don't know and I don't care about what happened, not my business. When you start working on a such project, that kind of things would not happen, especially when you ask people to bring funds. I still have interest in QRL however, I just wait for more concrete stuff now after the drama.