Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet New Thread
by
crypto-dude
on 20/08/2014, 22:46:07 UTC
Let me get this straight, Supercoin is a full working trustless + anon coin.

How come we are not at the moon as of now? Are there so many people unaware that there is a coin out there who has accomplish it? Because everybody is saying there isn't a coin that is full working trustless + anon coin as of yet.  

What is everybody's thoughts on this?


That is a very fair and good question. If I may give my opinion on this, I see Supercoin as a rough diamond. In order to have its maximum value, it first needs to be cutted into a nice and shiny stone. And even though it's still a rough one at this point, it's still a diamond nonetheless . It won't lose that property.

Bitcoin didn't start with a high value either. Remember (one of the) first things bought with bitcoins were 2 pizza's for 10,000 BTC ? That's 5 million dollars as of today. People needed some time to see the potential it had a few years ago, but look at it now. Other altcoins that hold a high value from start is mainly because the coin is being hyped by investors with big money. They pump the price themselves but that creates a bubble that can pop once 1 big investor leaves the coin. Look what happened with Cloak when 1 investor (won't call names) admitted he was responsible for its big price increase and left the community. The big difference here in Super is that it has a genuine increase in price that's actually created by interest of our whole community and other investors that buy the coin for its great features, and not because of investors that are looking to pump it, create a bubble on the market and move on to another coin.


I think the promo is the problem. Apparently super does not have a big team. Some other coins used plain tech but have tons people to fud and promo. They describe their own very common tech in a obscure and twisted way, making many non-tech people think they ar from another planet from the galaxy. This is how they promo and then cheat.

And i'm glad that's not the road Super is taking. Many other coins use their promo as a cover-up to why the market value of their coin is increasing, while the price is being pumped artificially in reality (and only the down-to-earth investors realize this). This is the way of the game in altcoin market nowadays it seems, and the pumpers aren't even shy of telling this openly anymore lately. I'm glad this is not (yet) happening with Super. Our price will increase slower than these coins, but eventually it will lead to a strong position on the market with a good value.

Yes this is the problem. Unfortunately in this market as in other market (such as stock market), promo is always some thing big, it can be deceiving and covering up, but it is what it is. The problem is not all people are intelligent enough to tell the differences. Most people go with trend and visibility blindly.