Vlad2Vlad
Sr. Member
"Investors are not techies and so they don't care about services or features, at least not in the short run. That's why everyone missed ixCoin, cause you're all techies where I am not.
Investors look for obvious things which make something look like the investment they're after and in this case that's Bitcoin and ixCoin resembles Bitcoin more than any other alt coin out there.
I did hundreds of hours of research..."
Now you got my attention Vlad2Vlad.
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And I must say your choice of words as well as your flawed theory here is erroneous.
ie: "Investors are not techies and so they don't care about services or features, at least not in the short run. ..."
The wiser Investors may not be techies (but some are), and they darn sure do care about the Fundamentals, as well as the Technicals (charting data).
Longer term buy and hold still works where the assets are not already overvalued.
As for ixcoin, it's hasn't had any development in a very long while! Unless something suddenly changed?
So it's purely a speculative gamble. Not an investment per say. And it's going to be discounted to reflect that lack of appeal.
My speculation in it ended a short while ago. I wish that wasn't the case but it's not moving forward. And there are no services and no marketplace for ixcoin. Nothing. No one. But you and a few others cheer for it still.
But ixcoin may well yet get adopted by worthy developer(s). But first those that do so will likely wait till they can buy up a lot of it for a little amount of funds. Currently it's pricing is out of whack for that, or seemingly so.
Market Cap Price USD total ixcoin that exists
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Ixcoin $ 3,098,445 $ 0.18 16,869,458 IXC
Best take some off the table, and allow those that are willing to rescue it do so. Otherwise I believe your beating on a dead horse.
I also believe at it's current market cap it's too costly to do so, unless some of those that already have larger stakes are developers and
just have too much already going on to get to it's further development underway? Sadly I don't believe that to be the case.
I share this with you and others because I don't wish to see any of you gravely harmed financially speaking.
So far almost all alt. coins got lucky, even with the latest correction. But that wont always be the case!
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BTW:
The word "speculator" would have been better used here for "the short run" rather than "Investors". A poor choice of words there.
And yes many a speculator trading fast and loose could care less about Fundamentals of their *short term speculative Investment(s), and only go with the trend. But it often bits them in the butt doing so, and in the end most wanna be speculators fail repeatedly, as you well know, until they finally learn their craft or give it up.
Toss in many a fool that got lucky repeatedly based mainly on luck, and then end up thinking they must have it all figured out, only to learn later they were only fooling themselves.
Investing is very tough to come out on top in the longer term. Maybe toughest of all. Even in a fair and open marketplace. Much less in the real world we all must live in and deal with.
As for Speculating. It's best left to Experts. But to each their own.
Bottom Line:
Choose wisely folks, very wisely. When certain others are finally willing to point out their best choices one might want to pay close attention if your not able and/nor willing to do the required research to figure out which are worthy, and which are not so worthy.
As for spending lots of time researching? Well that's a huge part of the prerequisite. And if one doesn't even know where to begin they best find someone else they can trust to lead them the way because if they can't get off 1st base so to speak I seriously doubt they can separate the forest from the trees so to speak.
Toss in many that are easily fooled and well that's where the rubber meets the road!
My Take:
I figure there's room for many, at least a dozen or two dozen, of crypto-currencies. Maybe more, in the global marketplace.
There are about 200 countries, with 7+ Billion Souls on-board earth.
Types of Crypto-Currencies:
1. Some are focused as a precious stores of value, ie: investments.
2. Some seem better suited for daily commerce.
3. Some seem best for daily spending money on the go.
4. Some for specialty markets such as gaming and what not may or may not work great there.
And some
Toss in some are much more secure than others. And a few the most secure of all.
There's four unique types of markets so far. Plus a few other giant tidbits.
Sure one could fit some crypto in every one of them, and some already do.
But few have the "precious" part figured out.
And not so many confirm ultra fast either for quick on the go spending funds.
And some are very plentiful, others extremely plentiful enough for vastly expanding commerce.
Only some pay interest earnings if certain conditions are met.
The list goes on and on here is the point I am trying to make.
Bitcoin "Firster's" want their asset to be the ONLY Asset of choice. But their being disingenuous about many things while doings so. They have let greed cloud their judgement and their words. So be it. As I watch them continue to slam coins such as Novacoin and other alternative I am befuddled as to why their seemingly so scared of Novacoin especially? Well, not really, there I was disingenuous, on purpus...figure that one out yourselves and then you'll have grasp onto something few truthfully understand.
Of course we all want our's to be the one's everyone desires. But so far your going to have to do your own homework/research to figure out what I think. I am not willing to make that much easy to figure out here in this post, and haven't made any list up anywhere yet.
Nor have others worthy of following into a bright new Post Industrial Digital Age. This is the Monetary Revolution and the dawn of a new era. Hardly a soul understands that either. Their too rapped up in their own little worlds.
Tips:
Think a lot before investing. Then think more. But don't 2nd guess yourself after the deed is done.
Warren Buffet's advice there is sage.
ie: Buy and Hold until full value until achieved, and keep holding it until something changes, or something else is better.
Be strong when others are fearful. And fearful when others are strong.
When there is blood in the streets it is often the best time to buy, buy, buy.
and...
Peter Lynch: ie: "Stick to what you know". And if you don't understand it then don't invest in it!
I fear many don't understand a lot of what their currently invested in today. Here and elsewhere.
On speculating. It's a tough way to make an easy living. Same for High Stakes Poker...
And there reader here is on their own. It's a dog eat dog world. Sad, but true. Best get used to it.
Most don't become successful on their own until they meet failure after failure. That's the very key.
Never give up! Failure builds sucess. Some get handed the keys. But almost all the rest have to earn them.
Caveat emptor - let the buyer beware!
