Post
Topic
Board Altcoin Discussion
Re: Will Power Ledger (POWR) go to the moon tomorrow?
by
superlative
on 22/11/2017, 20:22:15 UTC
you guys are crazy waiting on this.

Your logic is that there will be a pump and dump just like all other ICOs.  But other ICOs pump base on rainbows and unicorn farts.  Power Ledger is the ONLY ICO that launched with a piloted product and massive government backing and regulation.

The best analogy for this is to look at Ripple.  Ripple also had a massive pump and dump shortly after launch, but at launch they didn't have a product - just dreams like all the other ICOs.  If you want to compare with Ripple, compare with Ripple when it hit the 16c range.  That's where Power Ledger is in the development lifecycle.  Did Ripple go to 16c then go back down to $0.006?  Do you expect Ripple to go back down to $0.006 levels?  No, right?

Some of you crypto investors sometimes seem to be huge gamblers - your whole investment analysis is based on looking at graphs, trends and past performances of similar tokens.  You completely ignore the product.  I watch all these youtube videos of crypto-investors touting the next breakout coin for 2018 and I look at the product and the product is shit.  The whole shill is just based on looking at a bloody graph!

Power Ledger is different.  Among the top 10 cryptos, it is way ahead of many that don't even have real-life application yet.  Out of the top 20 coins, only Stellar Lumens and Bitcoin are really being used in real-life applications in production environments.