@Gekko
Me, Angela or Johnny? Maybe Jack Daniels that night then instead
I know what you mean. All the *bling, bling* and the excitement of some. But then again go over and look at ziftrcoin and paycoin again and see how their price developed. Then maybe recall syscoin IPO and all these things.
I also do have nothing for or against it. Just watching passively.
For me a coin starting at low price and distributed with pow (like UNO, LTC, BTC, ...) and then
real pricediscovery gives me an entry at ground level, fair with everyone else (no angle or seed investor 75% discount for large marketshares
before it goes on exchanges and backroom deals and all that). If i buy Uno at 450k$ cap and it goes to 15 mln i'll have BIG profit. If i buy NC at 15mln cap it needs to go to almost 1 billion cap to give me same returns. That's how i am thinking at least. (is it more likely Uno receives 15 mln or is it more likely NC receives 800 mln ?)
And Uno does
not double number of coins next 365 days like that other coin plans on doing. Now sell those coins to everyone for 15 to 30 mln and then after first 4 weeks of hype see that gravity crush them (100% pos interest 1st year). Let's look at that market after that first year and let's see how raped it is from everyone cashing out (especially the seed and angleguys with their big discounts and pos interest payments and the premine/fund pos interest (!)).
Sure, Uno does have less hype BUT it still has the better numerical metrics and probably will also be able to hold its value better and more stable for the next 10 years (taking into account volatility caused by pos-inflation). Hype also almost certainly comes back down again, creating bubbles in the markets and they pop, making any longterm plans look bad. So "hype" and "longterm plans" are contradictions actually.
What makes me giggle a little in this case is that they repeat mistakes that have been made many times before.
"Insanity: doing the same thing over and over again and expecting different results."(quote Einstein)
Technically that coin likely brings nothing (or not much) new to the table. Just maybe a more professional team but that's about it. In NC you invest more in the team and their vision of marketing than you actually do into the tech/coin.
But enough of my scepticism now. Maybe it turns out to be a good investement in the end of the day, maybe not. We'll watch it
@uno price
Gekko want to buy lower? If they dump, i'll buy too. I can sit here waiting for all these bears to give away their coins, no problem. They appear weaker now than what they were earlier, no? Todays dump was more like a lonely bear lost on a plain somewhere, unsure about his own judgement. One lost bear isn't such a big deal. It's one of the later ones. The young bears all were jumping last weeks off the cliff. This one must be a bit older and slower.
I think we are actually now only waiting for the old and slow last bears to go over the edge before it starts drying up. And, right, there were some great updates on the roadmap which can turn out to be good for the price, so why sell before the hashrate goes up 10 to 100 times? When the MM updates are coming along as planned more buyers will likely enter the market (the cautious money on the sidelines). My 2 cent estimate (nothing to rely on however). I'm not concerned at the markets at all right now. Cheaper price and more Uno for me would be nice but if not, that's fine too so i just need to hold the ones i have a little stronger. That's ok too. Which ever way it goes i'm happy.
@promi
cheers