Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
masternode
on 22/10/2014, 02:37:59 UTC
Wow, we just went sub 14k Shocked 10k here we come?

11.7k is lowest ever price on bittrex, breaching that puts every trader there in the red!
(more than 90% of all viacoin trades currently happen on bittrex) Undecided

#waterfall

Nah, Via fell below 10k at one point on day 1.  I bought as much as I could then.  

Fwiw, I'm one of the larger holders, and while I would have been happy if this coin went up multiples right away, I was totally fine if it didn't as I felt strongly about what Drak was trying to build (and figured in the long term through adoption the price would shine, even if it doesn't in the short term).  A few things about it made sense to me.  Mostly, is the idea that Drak has created an ultra-fast coin with the intent of having others develop applications (like clearinghouse) on top of it.  I think of things in terms of how I've seen businesses evolve.  With VIA, it reminded me of what Facebook did to Myspace.  Facebook opened their API and allowed everyone to build applications on top of their platform while Myspace initially did not.  This single even is probably most attributable to Facebook taking the #1 spot in social networks.  I see VIA similarly, in how they are inviting others to build applications on top of the coin.  VIA is acting as a data carrier in ways that bitcoin was not designed (24 sec confirmations, expected larger OP_RETURN space, etc.).  Anyway, none of these fundamentals have changed in my mind.  

The best way for the coin to flourish is by having people help build out the ecosystem, adoption, etc. This is something I take serious, as behind the scenes we (myself, Drak, ChompyZ, among others) are doing what we can to help with adoption.

Just remember, the price does not make up a coin.  

-ed