Coin developer anonymity

[leipebarry]

Let me help you.

Let me teach you a lesson the hard way.

Anonymity or not does seem to correlate with performance.

There are many, many examples of non-anon who have defrauded the community.

If someone refuses to invest in the greatest investment of a lifetime because they don't like anonymous devs, they deserve to lose.

I'm very tempted to go anonymous just so I can make those fools lose.

I have no idea what you mean with this post.
Are you threatening me in some sort of way?
If that is not the case please explain what you mean with teaching me a lesson.

He's not threatening you. He's just talking about launching a really good coin anonymously to prove his point.

Oke if that is the case I sincery wish him good luck with it.
Do I need to specify what in my opinion is a good?

[Nxtblg]

I'm currently pondering a question: Does launching an altcoin on bitcointalk inherently guarantee its failure? I'm beginning to suspect that 99 times out of 100 (2500 launched thus far, remember) it does in fact spell the death knell of the coin. Especially if it was launched by a pseudonymous dev.

Welcome to the world of mining-exploration. At least one sober and professional analyst has pegged the chance of a particular exploration project becoming a mine at about 3 in 1000. You'd get much better odds of winning by betting on the worst nag ever to be let into the Kentucky Derby.

But hope and the fallacy of the undistributed middle add up to "beer goggles" that magically turn 3 in 1000 to 1 in 1.

The parallels are fascinating, really. Both altcoin and exploration companies are speculations with essentially zero present value. All of the perceived value comes from anticipations/speculations/hopes of great value in the future. So you see a commonality: very long odds, very emotional punters, "beer goggles" all over the place.

In fact the commonality's inducing me to propose a Law: "In any speculative market where the economic value of the assets are all rooted in anticipations of future intrinsic value, the real odds of an asset in that class developing real value is less than 100 to 1."

[TPTB_need_war]

He's not threatening you. He's just talking about launching a really good coin anonymously to prove his point.

Thanks. Just trying to make the point that critical thinking is required to be a good investor. Just thinking some non-correlated metric that fits your personal fancy is relevant, is the antithesis of investing. Investing must be emotionless, calculating, and you must always try to kill your assumptions with data.

As Armstrong says, your greatest enemy when investing is yourself.

[leipebarry]

He's not threatening you. He's just talking about launching a really good coin anonymously to prove his point.

Thanks. Just trying to make the point that critical thinking is required to be a good investor. Just thinking some non-correlated metric that fits your personal fancy is relevant, is the antithesis of investing. Investing must be emotionless, calculating, and you must always try to kill your assumptions with data.

As Armstrong says, your greatest enemy when investing is yourself.

Good luck with your new coin, will keep an eye on it.
Send me a PM when it is launched.
Really like to see if you can prove me wrong.

[TPTB_need_war]

Really like to see if you can prove me wrong.

Just consider friction. How many people can adopt a virtual transaction per hour versus teaching physical bodies how to do some new foreign physical method of paying for physical goods? The former is autonomous and the latter requires a lot of hand-holding and interferes with normal storefront flow.

For example, Bitcoin for porn. Bitcoin for domain names, Bitcoin for virtual contracting work, etc... That stuff is already growing. Now what can an altcoin add to that? I have ideas.