-
Posts
32 -
Joined
-
Last visited
Reputation Activity
-
Don247 reacted to sdf in HOLD! MinCoin
BTC in my opinion is in full bubble mode right now. If you were to buy alt coins instead of 1 BTC, the amount you would have spent on BTC would make you a prince right now in an altcoin...
1 graphics card = 1 BTC? I think we are overbought here. Adding more people to a coin does not make it exponentially better. In fact, it makes it crowded, slow, and can draw unwanted attention on a coin with questionable legal status.
If you have any faith in altcoins, it would be wise to hold. If you don't, just sell so that you can hold onto an increasingly centralized coin.
Good luck!
-
Don247 reacted to Indiglow in Here is really what Makes Cryptocurrencies Valuable
Of course there is real value in the security, anonymity, and cheaper transactions. These are the things that will be drawing in businesses to utilize cryptocurrencies and Mincoin has very good advantages to choose it.
But what most people don't realize is that Cryptocurrencies are NOT fiat currency!!
Cryptocurrencies are all backed by WORK!!
Work is the most valuable thing to back a currency with. Its better than gold since gold only has perceived value! Work always will have real value!
No new blocks of Mincoin or any other crypto will ever be found unless work is done to find them!
-
Don247 reacted to Indiglow in Here is really what Makes Cryptocurrencies Valuable
Most people do know that the greatest currency and economy in the world was backed by work!!
-
Don247 reacted to CC66 in MinCoin, The Ideal Candidate For A Long Term CryptoCommodity Project.
I would count on much lower prices if you're trying to buy.