I appreciate the info, I skimmed through it. However for me, the key threshold to even consider buying an altcoin was that the token actually has value. I have also attempted to not just put money in, but to buy a % of the total supply - reduced supply = increased demand.
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Replying to @Danospano92 @cryptostardust and
you don’t need a separate token for each use-case... all the tokens are competing to become money... also simply reducing the supply doesn’t increase demand in and of itself, read this:https://www.coindesk.com/blockchain-token-velocity-problem/amp/ …
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Replying to @MustStopMurad @cryptostardust and
GimmickCoin Retweeted GimmickCoin
Other criteria I assessed. https://twitter.com/Danospano92/status/1031025863918141441?s=19 … I am aware this is a speculative investment but the potential reward is very real. Taking partial profits from these alts will also allow me to buy more
$BTC then I would have if I had simply bought it originally - % gains.GimmickCoin added,
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Replying to @Danospano92 @cryptostardust and
all of these projects don’t need their own token... all the ICOs were just easy fundraising schemes, scams.
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Replying to @MustStopMurad @cryptostardust and
Last comment; It is likely impossible for a single cryptocurrency/platform to efficiently handle EVERY use case that blockchain will achieve and the volume that comes with it - this is apparent in
$BTC &$ETH's current limitations.2 replies 0 retweets 0 likes -
Replying to @Danospano92 @MustStopMurad and
If I'm not wrong, a cross-chain interopability solution will easily allow
$BTC (or whatever is dominant) to easily convert to native tokens.2 replies 0 retweets 0 likes -
Replying to @Danospano92 @cryptostardust and
there is only one usecase that matters - Money
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Replying to @MustStopMurad @cryptostardust and
What.. That is extremely naive. Do you understand the underlying tech.
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Replying to @Danospano92 @cryptostardust and
yes dude. think long and hard about this. the world doesn't need 1000 tokens
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Replying to @MustStopMurad @cryptostardust and
Nothing wrong with an interconnected handful of good ones though, right.
1 reply 0 retweets 0 likes
we only need one.
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