Several years as a lurker first time poster on BCT and like the now hacked AmericanPegasus this is a slightly intoxicated first post.
In $ terms the past years have been incredible in BTC / XMR / LTC and every shit coin going. Personally I refuse to profit from any coin which is an ICO or or premine bull-shitcoin but I have been lucky enough to benefit from a modest $ investment in aforementioned coins. However when the tide goes out all shit coin holders will be found within their pants down so I intend to hold BTC / XMR and one other coin long term.
Probably like most ppl on BCT I prefer to read and think than type. My first introduction to Aeon was from following through interactions between Anonymint and Smooth back in 2015. I did not venture into Aeon until recently; why though? I do think BTC will be long term store of value but alts will be the medium of exchange. But what alts will be the winners among a plethora of fraudulent shit? Everyone has a smartphone as their computer, almost every smart individual wants privacy away from the tax man etc? In all the 100's of alts I have looked at in any detail; Aeon is my big outside bet as becoming a Top 50 coin (joining BBC.reporter etc)
Why be bullish?
- as much as one can in crypto I trust smooth as an anonymous indentiy aeons more than I trust corporate teams to act for a community
- The early interactions of the original BCT Aeon thread between smooth, AmericanPegasus and others demonstrate foresight into the long term vision for community growth / trust
- no ICO or premine - no fouls of securities laws and; thanks to an early miner there is a huge developer fund of 400k Aeon to help with bountys etc (in trust held by smooth)
- privacy & mobile - why should anyone know what is in your wallet or where it has been. Come another banking crisis and the move to privacy crypto could be exponential. The need to spend crypto without tax implications will increase the market for all privacy crypto
- rebase - honestly Aeon is 0 without a code rebase. Probably 5x current market cap with a code rebase - $20-$30 range. Longer term Aeon has the potential to be 5-10% of XMR and I'm bullish on XMR which I think will go to $1000+ by end of 2018. In every post I have seen from smooth I 100% support that approach to provide minimal information for speculation. When the rebase is complete and tested then release. All current speculation is in reality trust in smooth.
In full disclosure in recent weeks I have bought 6k Aeon and hope to add more if we go back below 30k satoshi.