Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ARCOIN] GOING TO WALL STREET ON 20th AUGUST! X13 POW/POS - TOR IMPLEMENTED
by
digicidal
on 04/08/2014, 20:32:08 UTC
4. i appreciate your transparency on the subject of money but does not address my concern if worse comes to worse what is the backup plan if Switzerland says no? bitcoin doesnt need a backup plan if it fails but this coin is hedging all its bets on this avenue and it is concerning.

5. questions like what are future plans? if you dont succeed in Switzerland what is next? What is different about your coin?  What is Tor how does it protect me (obvious you dont understand this concept honestly) how is this better than (insert coin here)?  

i just dont see the average joe caring enough to even take your pamphlet my recommendation is post someone to hand them out then a person at the nearest trash can to pick them back up.

Just an un-informed passer-by here... and don't get me wrong - I appreciate the attempt at due diligence on your part - but we're talking about a coin:

1. That's only just barely come into existence - there are definitely more established coins with lower risk (and consequently much lower potential returns).
2. The coin currently has a market cap of less than my car cost me... used!  If you invested the market cap... you could almost certainly double your money as you would eat up supply of every coin for sale very quickly and create a panic-pump... so even if no one looked at a flyer... if even one person with a worth of ~100BTC decided they wanted to speculate on AR... a valuation of 200-500% over current prices is completely reasonable.
3. Crypto market = ludicrously high risk, tons of scams, theft, incompetence, etc... but where else are you going to go for volatility like this and the potential of occasionally picking a winner and hitting 10,000% gains in a matter of days or weeks.  (Sustainability of that value being another matter entirely, of course).

Bottom line... it is an effort in utter futility to attempt to determine future performance or potential in a coin by talking to anyone on this forum.  I've seen successful and lucrative coins started by complete idiots that could barely speak... and I've seen well spoken devs, make well documented coins which were total scams despite producing convincing roadmap, ETAs, PR, and white papers, etc..

It's a gamble... don't risk what you can't afford to lose... and don't get too greedy when you're way ahead!  

Personally, I think this coin might turn out to be something - but if I lose all $700 of my investment... life will continue to look exactly the same as it did yesterday.  Roll Eyes