Re: "No one ever buys cryptocoins with the intention of never selling them, ever. I think we can agree on that."
It depends on what you mean by word "sell". If it's exchanging for $ with different rate then I disagree.
Some people will buy NXT coins just to issue assets. Some people will buy them just to prepay for secure messaging.
Some to be able to regularly publish something (WikiLeaks).
It's interesting to be able to prepay for some services that I know I will consume in the future.
It would be nice if I could prepay for water, food, gas, electricity, taxes to avoid future price hikes, but I can't because providers of these services never take obligation of future delivery disregarding price in $ (X gallons of water or X gallons of gas, or X pieces of bread, e.t.c.). Even internet service providers store prepaid balance in $ instead of months or gigabytes.
With coins I can actually prepay for something and never exchange them back to $.
The only thing that can disrupt my prepaid services is existence of QORA coin network.
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It's nice to see someone actually absorbed what I said and the gears in their brain are actually turning to produce a response.
You are mostly right. But I didn't say buying into an IPO is a loan, I did say that mechanically they are the same. I guess maybe I needed to be more specific and say a "crypto IPO"? You are correct in that in essence it is a sale in its most basic sense. But this sale is made with the intention of returning these coins to the market. Correct?
No one ever buys cryptocoins with the intention of never selling them, ever. I think we can agree on that.
If you buy into cryptocoins with the intention of selling them at a later point, again, I stand by what I said, that is the same as loan. You are "loaning" your money to the market or an investor with the intention of making that money back with interest in the future. Whether your funds go to one party (developer) and are returned through another (market) makes no difference in this argument.
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