so basically everybody is admitting that the only use for this coin is setting up a masternode to get "a return" which relies on other people wanting to buy coins to setup their master nodes to prop up the price...yea sounds like a PONZI to me!
Explain to me how many of the top 100 coins are being semi-widely accepted as currency or being currently used for their designed utility? I guarantee some of the ones that have no use atm or are not heavily accepted as payment are at the top of the list. Shit even OMG right now doesn't have an MVP, their POS system set up or their chain developed. It's literally a white paper project and people are buying into it (including me), so take your ass backwards logic out of here. Just because vivo isn't accepted as payment doesn't mean it's a ponzi scheme, it's brand new lol.
https://hacked.com/vitalik-buterin-gives-sobering-take-on-tokens-1-0/
Don't worry, these ponzi schemes and worthless coins will be coming to an end real quick. You've been warned
You're talking to one of the biggest advocates of eth lol. But hey I guess you don't know the difference between a token and a coin right? Last I checked vivo wasn't an erc20 token but it's chill, you're ignorance is enough to show others that you're just a troll. I bet you get your crypto news from cointelegraph and CNN then pass off their subpar analysis for your own .
Then what real world uses does VIVO have other than making a masternode? That's all I'm asking for and nobody has really given me an answer. Eventually ROI will rapidly fall to the point where it doesn't make sense to have a master node and you'll have to just sell all your coins, but that will also take the price with it as people rush for the exits. If there's a real world use case, then I'd say it's good to go. Why use VIVO over DASH?
Why use any coin over another? why use stratis/lisk/ardor over eth? Don't give me the "they have different coding languages" because VB said they will implement other languages into eth which would completely eliminate the need for any other platform coin. Also, you do understand that dash was renamed + had a huge premine right? Then after some decent marketing it picked up and started being used for payments. The field is large enough to support multiple coins that do similar jobs. Are you going to sit here and argue that we don't need a bunch of different companies that manufacture laptops, tvs, or cars? Competition is healthy and growth begins somewhere.