Re: [ANN] AIRcoin - Professional Investment, No Fees, Rising Exchange Rate
Quote
People, we really need to ask ourselves; is a coin with a cap of 1,000,000,000 going to be released and be worth 0.00115 off the spot?
That would put the market cap at 1,150,000 BTC.... thats $759,000,000
ON DAY ONE!
Reeeaaaallly?
A coin with:
Come on people, lets be realistic here. A few satoshi's sure, but .00115 BTC/AIR?
That would put the market cap at 1,150,000 BTC.... thats $759,000,000
ON DAY ONE!
Reeeaaaallly?
A coin with:
- No new features
- No accountability (identification, recourse)
- No valid use except as a speculative asset
Come on people, lets be realistic here. A few satoshi's sure, but .00115 BTC/AIR?
Interesting Point... the market-cap that results out of this parameters will produce a decent buzz ... also if I don't believe, that this will keep people from accepting the given price, if the developers manage to keep it stable at this rate. At least there is no single entity that could dump other than the devs themselves.
Look at AUR, it didn't keep people from buying even though everybody knew (or maybe not everybody
) what is going to happen and that the marketcap is artificially distorted. Do I trust 200.000 Icelanders more than a dev team :-)? The "no new features" point could be debated - also if it's right that "stable rising market price" isn't a feature of the coin itself but a feature of the endeavour as a whole.
Regards