Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Datacoin - Censorship-Free Data Storage
by
muf18
on 19/05/2018, 09:36:41 UTC
Noone doesn't want to pay for previous years holders with 11 mln coins. They will do it only if dtc is already popular, but it is not.

I don't know who has the 11M DTC nor do I think it matters.
Nonetheless, I will fiercely protect my meager interests in DTC from any political maneuvers to devalue them.

Well apart from the conception that buying cryptocurrency means you are becoming next bag holder, with a bag of some tokens, which doesn't have any intrisic value, is already meaning, you are protecting yourself (obviously), but also you are thinking about selling to the next bagholder. And I'm not saying that Datacoin Project isn't needed or meaningful. Just I say that you do it out of your personal interest.

Besides - as we can see depth chart is in large unfavour on buy side, and people are constantely dumping their old coins, to extract at least some amount of BTC they have left from DTC devaluing and inflation rate it had over the years. And because of it, it's price cant move significantly - there are a lot of bagholders dumping it onto new bagholders.