So investing a few hundred or perhaps thousands of dollars into a venture which has a decent potential of becoming a similar valuation in a year or so is a pretty amazing opportunity.
I agree with most of this post but regarding that last statement, when have you ever seen an altcoin that's worth more a year after launch than in the first 2 months of launch ? Anything that's ever shown any promise in this market gets its valuation priced in very quickly - within a month or two if not immediately.
After that it's all downhill.
You're lucky if the price is a quarter of it's speculative early priced-in valuation in a year's time so I wouldn't lead people on with that nonsense. Even Bitshares and Counterparty which are currently enjoying top 5 marketcaps after a year have never traded above their early post-launch prices. Peercoin had massive promise that was priced in out of the gate. The first POS coin. It's currently a quarter of it's highest trading values. Counterparty got near its February price a few weeks ago with its mega "Etherium+Bitcoin all you want in 1 package" announcement and even that didn't push above its post-pump price record.
Lets get real for once. These are experimental markets. Developers try out new things then move onto other stuff. They are at the mercy of commercial dynamics over which they have no control. If a new project hasn't established itself in a couple of months of launch - forget it. There's too much other stuff going on.
Its a fact most alts have their peak after a few months, not a few days though!!!
But I agree most taper off after an early peak. So why would this be different? Because this coin unlike 95% of altcoins have no real world integration. Almost all alts are trying to become a standalone currency but very few are integrated into an actual business. Ultimately digital currency is to buy stuff and send value to individuals. So a trading platform that has a built in pegged currency is COMPLETELY different proposition that will increase in value IF the platform is used and proves popular. So I agree but you got to separate lone currencies and integrated currencies. They fact that it ticks all the boxes of what a decentralised marketplace is is incredibly hopeful. So many have scammed on the idea of a decentralised marketplace but this actually delivers the goods no pun intended.