Viewing a response to: @cryptovestor/before-you-do-this
I think this is a misunderstanding of timetables. Raiblocks is going up way too fast for some whales not to have noticed. Once it goes on a popular exchange there is the nonzero chance it going to drop. In 6-18 months will anyone still talk about raiblocks? No one knows, but it might still be a contender simply because it has captured the attention of the peaple who saw bitcoin as a new way to free us from the use of banks. We need more peaple actually using these currencies for this crazy growth to continue, bitcoin is not there anymore and peaple are focusing on why that is mixed in with fomo.
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| author | factfictional | ||||||
| permlink | re-cryptovestor-201813t12252980z | ||||||
| category | raiblocks | ||||||
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| voter | weight | wgt% | rshares | pct | time |
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| mysteem | 0 | 58,231,926 | 1% | ||
| esteemapp | 0 | 12,438,153,111 | 1% | ||
| mrdupin | 0 | 220,565,853 | 100% | ||
| snakemeister | 0 | 1,079,258,418 | 100% | ||
| stepfanokorea | 0 | 876,168,643 | 100% |
Fantastic point. The big issue is that people may see value in a cryptocurrency before it is actually fully functional or has a place in the world. People invest, the price drives up and now its over valued because people realise it isn't actually doing anything (not specifically referring to Rai Blocks). This is most likely a part of CIs feelings towards what Rai Block is doing. It promises lots of great things, but if scalability is the biggest selling point, and then scalability is adapted, then you run in to massive issues of a coin in poor governance that has been pumped to the moon. Good topic of discussion, way to get it started!
| post_id | 23,407,928 |
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| author | snakemeister |
| permlink | re-factfictional-re-cryptovestor-201813t12252980z-20180103t233647753z |
| category | raiblocks |
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