Bitcoin Forum
July 07, 2024, 04:38:54 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Altcoin Discussion / Re: Neverdie Coins - I've Heard of them - I've Bought Them on: September 07, 2017, 01:17:17 PM
First post ever here and a little introduction...If you only care about NDC skip down a paragraph or 3 lol

So I just got into crypto investing a couple months ago and quickly discovered it was more than just ETH and BTC.  Coming from a more traditional investing background I looked at the circulating supply and expected supply inflation and it looked to me like out of the larger established cryptos, LTC and BCC were undervalued...LTC in particular. At least in respect to BTC.  I nailed it on the LTC...BCC is about where I started with it after quite a wild ride.  I'm holding on though...I think BCC will eventually make up a lot of the ground it has between itself and BTC.  Still holding LTC too.  I could see it inching to at least .1 BTC over time.

Is BTC over or undervalued?....Who the F knows....but It certainly has the farthest to fall if this is a bubble.  The one thing BTC really has going for it...for the whole crypto universe in fact...is the looming ETF from the Winklevoss twins...or even CBOE futures & options. https://cointelegraph.com/news/bitcoins-present-bubble-might-actually-be-the-beginning-of-mainstream-adoption  If BTC manages to finally get its toe into traditional markets the other big coins won't be far behind.  If multinational financial institutions start trading and/or holding these things as assets...whether private banks or central banks...just the process of them accumulating the inventory for investment or trading could push the price to god knows where.  Is it fun to speculate in ICOs and B grade coins?...Sure...but I think there is a lot of runway on the big names assuming they get a seat at the table in traditional financial markets.

Let's not forget the lessons of the internet bubble of not so long ago...If you made a fortune in Intel, IBM, and Microsoft and then dumped all your profits into things like Enron, Worldcom, and Pets.com your fortune would be gone.  Lesson?  After the first wave, invest in what you know are the winners...dabble in ICOs and penny stocks.  Might you happen to invest in a Jewel of the 2nd/3rd generation?...The Amazon?...the Nvidia or maybe the Tesla of cryptos?...Possibly...but don't mortgage the farm trying.

So all that being said I'll get into what I know about NDC & TPT...

My PC can't really run the game so I can't really tell you how it is from the inside.  Any players or developers please correct me if I'm wrong but If I had to liken it to something it would be Second Life...I'm guessing that's the comparison you are going to get a lot by the ignorant.

The tokens are currency that is to be used (maybe is already being used...I honestly don't know) in an online game(s)/virtual world(s)  

It's often cited as a "dual token" ICO...I guess referring to the NDC & TPT...but it's more like dual token-multi layer.  I suppose you should think of the first layer as ETH.  The second layer would be NDC/TPT although I am going to be focusing on NDC here mostly going forward...I really can't tell you the purpose in game or in wallet for TPT at the moment.  Then there is a third layer...coins you can buy inside the Neverdie wallet with NDC.  Right now I count 10 different funds that can be invested in.

These secondary funds are eventually to pay dividends in NDC or TPT (whichever is more valuable at the time) based on how the funds perform based on in-game metrics.

The secondary funds are limited in supply and appear to have modest market caps based on $.25 NDC.  I'm seeing funds with $100k - $5M projected market caps although most are 1 or 2 Million $.  ...Modest assuming the game & platform take off...worthless of course if they don't.

I guess my bottom line with these coins is that they're worth my interest...and if you invest too you should probably get the wallet and maybe check out the world if you can.  I could see the NDC itself doing well but the real value might be trading the NDC for actual game assets...WTF said it best...https://www.youtube.com/watch?v=z8Z6qWRugCY
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!