Post
Topic
Board Altcoin Discussion
Re: Investigation Complete of Instamines and Fastmines for almost every top alt coin
by
pandaisftw
on 10/05/2014, 17:30:51 UTC
we have been experiencing the pullback for the last few months. And just because you know a correction is coming soon doesn't mean you sell (for the reasons you alluded to...you can guess wrong). Traders study the technicals and try to figure that out. Investors spend more time on the fundamentals. They like to buy and hold. They buy on the dips of the corrections way more than they play the day trader game.

WRT your idea of a better analysis; great, why dont you do that analysis then.

I don't focus on the intrinsic value of bitcoin in my article. AT ALL. this conversation with you has been a rather pointless endeavor. Like it has been said ad nauseum, the article focuses on mining data/coin generation only. Bitcoin's mining data checks out. No mention of btc atms, nada.

I hear you that you want a less emotional post about NXT. I can see how that needs to change. It still will be in the extreme caution category the reasons stated (that we seem to disagree on).



Well, I bring up intrinsic value because I believe that that needs to be accounted for when you make investment analysis. If anything, the initial distribution is just one factor in the outcome (X + Y = Z) - basing any conclusions purely off of this one variable *might* give you the right answer (Y happens to = Z), but more than not, it'll be wrong because you didn't account for the other known variables.

So there's nothing wrong with providing this "data", but, as I said, making investment conclusions based off incomplete data is more often wrong than not.

Perhaps I should do an analysis, but I feel that it would be redundant (well, at least to me) because the cryptos on the top of my analysis would basically be all the 2nd gen coins (Ethereum, NXT, maidsafe, etc.) Are there people who don't actually believe these types of crypto are the future? 

Pandaisftw