Quote from: Coldsnap4457 on September 25, 2017, 03:44:46 PM

Quote from: SecretAgent000 on September 25, 2017, 09:56:10 AM

That pool I mentioned is intended to start as being full, but still no huge gains of course. How much? I don't know. One can only speculate. Whatever happens it will be free money for those that use the platform. Free money is always good. Why is it necessary to move all friends... tons of other successful "small" messaging apps, social networks that have a different and/or small subset of contacts... Facebook, instagram and others they all started small and than built on top of that. Many very similar and existing projects failed, but they made it. These guys at SocialX clearly state in their whitepaper what is expected user count they expect to have in the incoming years. It's nowhere near facebook numbers. They are pretty solidly "on the ground". In my second sentence, before anything else, I pointed to that whitepaper. Also, I never said they're going to as big as facebook right away - I very clearly said "...get an opportunity to get on such social network and they can get to join early and have a lot of time and little competition to build their popularity." and "need to build their friends list and popularity up - and they get paid along the way. And, more popular any post they make - more $".. will they become "big"? I don't know. But, IN TIME and I repeat IN TIME, having even a slight possibility of becoming e.g. 1% as big as facebook is HUGE.

Who cares if the money is free, when it is so little that it's negligible?

Google had a social networking app called Google +. It probably had millions of users. It died because people didn't move their friends over from Facebook to Google.

Get paid? Where is the money going to come from? It has to eventually come from advertisers. Advertisers are not going to advertise unless you have LOTS of users, more than what Google+ had.

Quote from: SecretAgent000 on September 25, 2017, 09:56:10 AM

A way to waste time for one man can be a way to save time for another. Also, for example: Why start e.g. facebook when Zuckerberg could have joined Myspace and help to improve it a bit? I believe that at least 95% of cryptocurrencies and crypto projects will fail or not deliver everything what was promised. I think trying to be among those approx. 5% is what this all crypto craze is all about. Also, as for social networks in general, sometimes even being e.g. 17th can be a huge success.

At the time, MySpace had not conquered the world yet. There were many social networking sites at the time. Facebook prevailed with a better app. MySpace was way too noisy and hard to read, because they let the users change the HTML. Facebook is now so big that even Google cannot compete. If Google cannot compete, there is LITTLE CHANCE that SocialX or any of the other social network ICOs will be able to compete.

Quote from: SecretAgent000 on September 25, 2017, 09:56:10 AM

Quote

Are you saying that SocialX is only good for a PUMP AND DUMP?

How about: Their token not likely to have a huge price drop below ICO price and scare that little people they will have away. - happens to many small projects these days.

If too many people get scared away by price drop, then that means that there aren't enough people who believe in the long term success of the project. This means it's mainly good for a pump and dump.

Only for pump and dump? I disagree. Look at other projects. People get scared every day in crypto... even on traditional markets. It' just more prominent here as crypto is rather new. I believe I explained my reasoning for believing in this project in previous posts. Your doubt that any project may dethrone (or even compete with) one of the big ones is reasonable. I would be happy with much less than dethroning (and I believe that in time it may take a part of the cake, even if only a small one), and consider it as a success, as I already stated. Also, we obviously have a significantly different valuation of the project. I feel we could go on replying to one another for a long time without convincing the opposite side. No need for that. Just different valuations. Hope you find a project you believe is worth contributing to.

If you or anybody else here have anything to ask or anything that you think could help the project, I'm sure they would appreciate the help. Maybe they can even explain some things better than me. I asked what I needed to know. To me they appear to be very reasonable and are on their slack every day to answer any questions you may have.