Post
Topic
Board Announcements (Altcoins)
Re: [NEW XBY ANN] XTRABYTES - OFFICIAL WEBSITE and WHITEPAPER RELEASED
by
Fatoshi
on 28/10/2017, 03:30:45 UTC
What I dont understand.....well I do...is the impatience of many investors in Xtrabytes. The reason is and I will be blunt is because we started from such humble beginnings on yobit and ccex many have very short term investment strategies and expectations. I could even say some are very low level investors....small time who own a few btc at most.

They are confused with Xtrabytes because they compare it with shitcoin clones that have instant development and have a life span of about 2 months. Or they compare xtrabytes with eth erc20 token projects with big ico money and short terms pumps and dumps.


Its not fair comparisons. Any major new coded project takes a year or two to mature. I dont see anyone on EOS...Tezos...or any of the real peers of XBY get bothered everyday with such low level bullshit. Investors put large amounts in these projects knowing they are in for the long haul and that means months and years not a few weeks. I know the ETH developments cycle...newbies coming into crypto dont seem to know eth took a few years to get going.....real development takes time.

Personally I hope these short term traders sell onve they realise they can grow their small stash quicker innthe short term on shitcoins. I dont see any wisdom hanging onto these low level investors. I dont think I am saying too much to say since this project started a handful of big money investors have enquired about xby. So we jave big investors excited but we cant keep some shitcoin investors happy. Well good.....the sooner longer term smart investors who understand real development cycles and know patience pays off big more often than not replace shitcoin aficionados the better..