00johnston00, please stop your efforts on trying to bring so much FUD on blockpool. There are two reasons why you are doing this: a) you wanna buy in cheap; b) you have some personal arrangement against the dev team and their product.
c) scroll to the top of this page to read reason already mentioned
It's been too little time to tell if this a scam or not, and so far i don't see OBVIOUS signs of this token being a scam. We need to give it time and see. I usually do not expect momentary increases from such coins. It has to build up over time.
Blockpool is not a scam. Blockpool is a poorly managed business with more star-power partnerships than their public relations team or lack thereof can handle. It's a shame Bjork squandered her starpower on a company that can't create proper buzz surrounding these opportunities.
How do you expect your BPL tokens to increase in value if there is no network effect to make other's investors aware of Blockpool's success? Absolutely nothing is operating on Blockpool's blockchain to give it intrinsic value. Nothing. The devs built an API for Bjork's website that does not operate on the very blockchain they created, using dollars we invested during the token sale to pay themselves to do so.
Don't take my word for it. Do your own research. You will be surprised how few answers exist to these questions.
I disagree. Good investors hold for the long term, they don't get cold feet after a few months.
Good investors know when to enter and exit their positions. Your long term strategy is just that: your strategy. One of many.
Look at the chart for Ethereum, it went down for several months and many people gave up on them. I'm not saying that Blockpool is going to be anywhere near as good but it seems foolish to not give them time. Not much point being a whale if you're buying high and selling low without having patience.
Then let's not compare the two.