Quote from: niothor on March 18, 2014, 11:33:48 AM

Quote from: buddynuno on March 18, 2014, 11:27:04 AM

Quote from: niothor on March 18, 2014, 11:04:35 AM

Quote

I don't like the idea of nation coins.
Simple as that. I see them failing one after the other. I am even willing to make a bet on it. How about something long term?

It doesn't mean that I didn't hold and then sold a few coin myself.
But right now, the situation is f*** up. And even the biggest fan would have to be an idiot not to see it.

Nation coins popping everywhere , no actual plan for delivery , peopel stuck with coins they bough at 10x times the price , bitcoin tanking...

This is the reality , but as I said it times after times

People blinded by greed can't hear the voice of reason anymore.

Ok, you don't like Nation coins! Tell me then, just to mention a few of the whole sea of coins out there. Why is Dogecoin, Blackcoin, Mintcoin, Devcoin, Quarkcoin, Worldcoin or Vertcoin any better than Nationcoins?

They all brought exposure to cryptocurrencies and seems to me Nation coins are no different. As a matter of fact I do believe they can awake even more people's attention towards the crypto/digital currency option. We are still in the infancy of this industry and if Nation coins should they go through with what is plan they can be very beneficial to the crypto adoption!!!

You listed a few coins I like and hold and a few I think are pure s****.
So the question is quite tricky.

Sincerely , why I don't like nation coins :

It's highly unlike a nation will adopt a coin. Why should they? Just because they are given 50%? In two years it is possible that 80% of the coins are held by colombians. That would be weird , right?

There are no real plans what to do afterwards... they all take the infrastructure for granted. Just look how hard is for bitcoin to get accepted and even if it gets , after that the other coins get a slam of the door.

Plus , I have the feeling that the dev won't distribute all the coins. There is no actual mean of verifying this. Or to verify they haven't distributed the coins to 1000 account owned by them

There is so much doubt in all of these I can't get myself to use nation coins for other than 1 day buy second day dump and i'm not crazy enough to try it once more.

I guess it all comes down to the community and infrastructure, if they manage to build that.

So far people seem to be inspired by these coins and trust is the most important component in a currency. There's also the nationalistic component, that national pride well cultivated for decades that gives it a boost.

We will get reports from people who got the coins. I think shadiness will come out if there is any. Overall the biggest % of people are not scammers and don't have bad intentions. Many are idealistic people with a vision. Also something to consider.

So far we know the devs have looked into key specifics of distribution. They are committed and issue constant software updates. They also speak Spanish and have Spanish thread and Spanish website. There is strong chance here they could be indeed a genuine idealistic bunch set to change the world.