Hey, I was hoping to get people's thoughts on Dragonchain as altcoin. It's a Disney owned subsidy and the mouse tends to be pretty profitable, though I have been skeptical of altcoins in the past. I just watched a youtube video about a Dragonchain supporter raving about how this cryptocurrency is going to start running things if by nothing other than the virtue of Disney's abundant resources. The coin is also getting an entire docu-series dedicated to publicizing it on Discovery Channel, which I tend to regard as reputable. Thoughts?
https://www.youtube.com/watch?v=aW3fuUolTAUhttps://www.youtube.com/watch?v=jFk9oEvAaSU Where do I begin... well I heard the disney rumors in 2017 seen it pump and dump and all that good stuff. I think people need to stop and really think what is the purpose of a cryptocurrency? if it is used as a form of money cool. But if it is a token used for something nobody really uses, or a blockchain for something that is not necessary then it is a pointless speculation token. So lets look at dragonchain what is it used for? I dont even remember but I doubt disney is going to have people come into disneyland and use dragon chain to buy things in their parks. Another documentary on crypto is cool for new people to understand it and get involved but that doesnt mean the alt coin dragon is a good investment. That disney speculation has been going on since 2017 so when is it going to be used by disney? probably never. Can you make money trading it yes of course, but dont bag hold it thinking disney will use it. Thats my advice to you if it sounds harsh I am sorry this may be the worst advice ever, or the best
I wish you the best of luck in whatever you are trading