Quote from: aptoniya on December 25, 2017, 10:12:23 AM

MARK my words people. OTN is going to fail. They lost contact with their investors and all the investors that are into OTN want to get out ASAP. I thought OTN was one of the best products, but man I was wrong like hell. The coin is dropping everyday and still you all are saying wait till this and that.
OTN is over and out!

Patience is the criteria that is able to distinguish bad investor from the good one.

If you have a logic approach at OTN, they offer an excellent idea of actually making all the tokens life-practical, so no matter what kind of an exotic token there is, it could stay in the same wallet with the other respectable tokens and you can actually go to the nearby store and purchase coke with it.

This is pretty much the money of the tokens!

All of the other tokens are simply offering a blockchain technology (which is simply keeping the register of something) of cars, mobile phones, documents, investors santiment etc.

But how the hell all of that can become the medium of exchange? Huh

Yes, this kind of registry technology may be of a use in the specific area, but it is not the medium of exchange! Its primary idea is blockchain of something and not the creation of an actual currency.

Even etherium is a by-product of specific blockchain technology, most cryptos are just by-products without primary purpose of becoming the medium of exchenge.

Gentlemen, open up any economics text book and have look at the basic characteristics of money, for your ease:

- medium of exchange
- divisibility
- portability
- store of value
- scarcity

and then apply those to the new cryptos, we may end up with may be 3 -5 currencies, which actually match those characteristics. OTN will be one amongst them.

Those characteristics, where set out about 150 years ago and became an axiom for any currency to be practical, if we want a transition from fiat to cryptos, the rest of the people apart from the geeks, will expect those characteristics from cryptos.

In my opinion OTN does match with some of those, expecially with primary idea to be medium of exchange.

Do not expect any crypto to be a store of value - impossible at the moment, but be the medium of exchange - very much so.

Make up your mind people and make correct decisions.