Re: [ANN] BlackCoin (BC/BLK) | PoS | Multipool | Coinkite | WSJ | BlackHalo
Until then it's the same as investing in a startup company in a VC capacity... it can easily be years of consistent losses. Then one day you wake up and you own 2-3% of Facebook, Apple, Cisco, etc... and suddenly those years of losing hundreds of thousands don't really seem to matter at all in the face of your 'free' millions.
That has to be the best analogy I have heard and is absolutely true. A lot of people out there think that one coin will make them a millionaire. Sure it can happen, but do you think that VC put all their $ into one startup? No way, they hedge it over many many small startups. I am the same with crypto, I have only maybe 6 coins or so that I am interested in and that show promise and am hedging any losses with potential gains from others.
All things being equal I have to agree with 7000years on the transparency issue. Yes I appreciate the stuff on github that is great. But if you would like continual marginal increase in both new investors and a steady growth rate we need to have consistent project announcements with some sort of ETA. Otherwise the project will look dead in the water.