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Showing 4 of 4 results by Walkmooner
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Topic
Board Speculation (Altcoins)
Re: ReddCoin - is it a good investment? ReddCoin VS Verge?
by
Walkmooner
on 28/06/2017, 23:31:43 UTC
Long time ago, I actually bought a few RDDs during its initial coin offering phase

With the rise of june, I sold them all and don't plan on "getting back into" it. It took something like 3 years of holding to make a profit on the initial investment and it wasn't huge

You need a coin that at least has a good development team that brings new ideas to the market

This whole social media tipping thing never worked

With respect, that's not true. It just doesn't sound like your thing that's all. Steemit is currently doing extremely well. People also actively tip using PayPal on Twitch and some people are making ridiculous amounts for just live streaming video games.

People aren't thinking big enough. It's potential is not just as a tipping coin on social media. Sure, it allows for microdonations but Redd-ID will allow it to be used for anything. Think of a case use and you'll very likely be able to do it. We're being provided with a tool. It's up to us how we use it.
Post
Topic
Board Speculation (Altcoins)
Re: ReddCoin - is it a good investment? ReddCoin VS Verge?
by
Walkmooner
on 28/06/2017, 22:27:44 UTC
Redd Coin is nothing. It's a pump and dump, have you looked into any of the techs by the way?

You shouldn't be investing based solely on total supply and how cheap you can get them. The tech must matter and be relevant, with a potential future use case.



Sorry to sound rude, but that's idiotic. You obviously know very little about it. The future potential of Reddcoin is huge.
Post
Topic
Board Speculation (Altcoins)
Re: ReddCoin - is it a good investment? ReddCoin VS Verge?
by
Walkmooner
on 28/06/2017, 22:19:45 UTC
Reddin isn't a bad coin. There have a lot of potential, however there are so many upcoming coins, who have just as much potential and why wouldn't you want to invest in those than storing all your coin in just one. Do your homework and see which one works best for you.

Such as?

Synero Amp, and Steem.it are the 2 big ones.

The 2 big ones? True but the irony is, you'll probably be able to tip people on these sites with Reddcoin haha.
Post
Topic
Board Speculation (Altcoins)
Re: ReddCoin - is it a good investment? ReddCoin VS Verge?
by
Walkmooner
on 28/06/2017, 22:11:56 UTC
Reddcoin and verge are completely different. Why would you compare them? Verge is an anonymous coin, reddcoin is a tip coin for reddit. Reddcoin failed last year, and was recently revived, the developers are working on it but don't see it going anywhere near a dollar. You will be lucky to sell it for 160 sats again. Verge has some unique tech on their roadmap, developing new things for their coin in the coming months, it won't ever be a dollar either, but possibly 1000 sats.

You can’t have done much research into Reddcoin because it has absolutely nothing to do with Reddit despite the double d.

Reddcoin is to be used as a social currency for existing social networks, blog sites etc. The idea is that it doesn't need to partner or integrate with anyone or anything. It's an independent decentralised layer.

Redd-ID, to be released in Q3 of this year, is offering something that no other coin is. It allows you to use a handle-name instead of a complicated address (which is hidden) to send and receive coins quickly and easily. You will be able to tip anyone anywhere with a Redd-ID account. It doesn't have to be just social media - waiters, cam-girls, reality stars, charities…

So, do we use lots of different tipping coins each locked into a social network or just use Reddcoin and Redd-ID for everything? Hmm tough choice.