Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
aminorex
on 18/11/2014, 06:11:43 UTC
XCP may be a wonderful tech, and a real solution to many problems.  It is a crappy investment because it is trivial to dilute it infinitely.
What makes XCP easier to dilute than XMR for example?

(Btw XCP is up +2000% this year, this is a fact. "Crappy investment" is a point of view.)

I am using a time-horizon discrimination between "trade"  and "investment".  XCP has been a marvelous long trade.  Would I buy it, walk away, and come back in 10 years expecting my investment to have appreciated or even retained its value over that time?  No.  It has been a brilliant trade.  That does not make it a less crappy investment.