Re: [ANN][TAC] TalkCoin | MANDATORY UPDATE | First Anonymous Chat | First NIST5
That's the thing about open source. The original don't always work out to be better than other coin which uses its feature. Because other coin got its own feature on top of talkcoin feature. If u compare Navajo with talkcoin right now , i would say Navajo is better than talkcoin because it has what talkcoin has on top of it's own feature.
Talkcoin need new innovation feature to keep up.
New user would rather investor and use Navajo instead of talk coin simply because it got more to offer.
I don't compare apple with orange.
Navajocoin is a rebranding from Summercoin which over 3 months old and more than 20 mil coins available for trading. What they announce in the rebranding thread are all promises and they even got the funds to do that. We only announce something if we're confident that we can accomplish that, not showing a promise and getting the coin pump.
What i am trying to point out is coin need constant innovation and feature to keep it going and compete for investor with other coins. When coin got nothing new to offer for too long , it just die off. Talk coin is half way through. I just want to point that out although it's obvious.
We know that. What we want to say that innovations should be realisable, not some fancy roadmaps as a promise. Thanks for your support and we won't let you down.
Btw you know about Icebergcoin ? What does it offer except the PoS features which obviously questionable and the huge premine ? But a lot of Talkcoin investors dumped TAC and go to Icebergcoin. Does it offer some new innovation features ? I doubt. Then why do investors buy a coin which doesn't offer something news ? I think you understand the reason a lot better than me.
Because new coin got much more "upwards" potential than old coin. The "upwards" potential is the initial pump , after that it will die down. Whether it survive after initial pump depend on continuous innovation. That is what i observe from close to 100 coins. The statistic is real and u can pull out any coin that is more than 3 months old (starting when its listed on exchange, it doesnt count when there its not listed on popular exchange).
Most people want to make quick buck. That's why many like to buy new coin and hope they can get out before they get burn. It sort of like gambling.
Summercoin is yet another good example. It was an old coin. But a simple name change without any launch of new feature (feature that is live and not on paper) pump up the price because most people don't read and they thought navajo is a new coin and looking at bittrex it indeed looks like a new coin (chart with new record and listed as "newest" coin). Not many people bother or know about the entire history of summer coin. All they want is just to buy new coin and get our with profit within a couple of days.