And much to my shock, NUGGETS is in an exchange and no, not R3's exchange. Nobody notified me. WTF?
Iceycript is exactly r3wts exchange. Or do you mean some other exchange?
Well, it's not on Cryptsy or Coins-e, and I've only ever seen it on Icy Crypt.
Just buy and hoard any coin, it doesn't matter which, just hold on to them for just 1 year. By then it should all be infinitely more clear but the trigger will be the Bitcoin ETF.
Not only is this a terrible investment strategy (throw money at any old coin, really?), you've yet to explain how there will be enough infrastructure to secure thousands of separate blockchains.
Listen, right now there's like max 1 million people doing this actively in the whole world. Max.
When bitcoin gets its ETF and bankers see billions can be made with an idea and no products it's gonna go nuts.
You'll see many millions being pumped in exchanges, hardware like ATMs, seriously good exchanges like coinbase but selling all coins.
You'll see multi million budget devs building just one coin, or tailored coins for like Bieber, which you guys laugh but a coins value comes from popularity, Bieber is probably worth like $100 million, he can make $500 million off his own coin in 12 months. Bitcoin is worth over $1 billion and there's no real fan base and no real major places ro accept it snd not s brand name like say a Bieber.
Everyone with a name will want a coin, cause the money off their fan base will be instant and free cash. That's why I wanted to launch a CatholicCoin, to be the first coin with a 1.5 billion built-in fan base but nobody really understood the potential.
Then finally, the media, they'll pump it, hype it and people will go nuts. Everyone has computers at home, ASICS are cheap and They'll be cheaper so there's gonna be a 100 fold jump in miners and investors in alt coins in the next 12-24 months. There's gonna plenty of infrastructure and a temporary mad shortage or coins so all alt coins will shoot up.
That's why I said hoard any alt coin. And you don't have to buy them like me, mine them, it's free. There's almost no risk, just sell enough coins to pay for your gear and electricity and let the rest ride. Just wait 1 year, you'll know if I'm nuts or a genius by then. I figure the ETF license should take 3 more months, then maybe 3 months to take off and the media to get the memo from the top right after that. In 12 months you could see a different world completely for alt coins and the trigger is the a bitcoin ETF.
I did write 3 months ago there gonna be a quick jump to 300 coins and then 3,000. At the time there were 12 coins and only about only 6 actually actively mined so to say 300 coins in 12 months, 3 months ago was crazy but look, I'm already right, its gonna take less than that. And I said that when I thought it was $10,000 to launch a coin not $1,000 (with bounties).
Good luck!