True there is not anything spectacular about Signatum other than the great mining opportunity it provided. However, it would be nice if it survives and thrives. There have been many true shitcoins that somehow survived with little purpose beyond perception. Look at bitcoin, yes bitcoin started it all, but at its core its the biggest shitcoin in existence. Yet it has reached magnificent levels of value. Why? How? Takes fucking HOURS or possibly DAYS just to complete a transaction because they are idiots and let the mining become centralized giving too few miners far too much power. Transaction cost is fucking ridiculous with bitcoin. Yes, bitcoin serves as a means to store value, but its fucking crap for moving. I have been using bitcoin for a couple years now, and I loathe it every time I have to deal with it due to the fact that every goddam crypto is tied to it and few altcoins offer fiat tradelines.
So if you're going to attack a new alt-coin because you don't think it has any purpose or can provide any value in the future, then how do you explain the shitcoin called bitcoin. Has great value, but in the last year or so had become a crippled piece of shit that people somehow still think has enough value that they keep buying the shit. How do you know that Signatum, another possible shitcoin can't or won't do what others have done? And who knows what the devs may come up with down the line that may change its value or use case? Only 100 days of mining, so not a massive loss of power to miners, so if it does turn to shit then we move on to other projects. If it does turn into something more, then great, we will pocket some cash. The chances are better than winning the lottery. I think people who play the lottery are retarded, but isn't that at the core of what we all do with crypto? We spend money on something hoping it has a payoff. Maybe it will maybe it won't. But if I buy a lotto ticket for $20 or $100 and lose, that sucks, but if I spend $20 or $100 on mining, I'm likely to get at least something, and if not then I'm not worse off than playing the lottery.
Very few coins out of the hundreds that have come and gone or stuck around have any true value or use case. Ethereum, Ubiq, Ripple, Zcash to name a few, the rest are all shitcoins in reality, but even a shitcoin can become great, just look at your hero bitcoin. So royally fucked it needs multiple forks and airdrops, with more fun to come, yet still somehow has become a rediculously valuable coin.
And I'm not really sure why the fuck people are constantly blabbing about "bots" posting. I'm not a computer genius, I fix diesel engines, but everytime I hear this stupid shit I cant help but think of the millions of idiots on social networking that love to pull the "George Soros must be paying you, or your working for the Kock brothers". Same logic and it sounds stupid every fucking time.
Very well said! At the end of the day it is our decision to take a risk, maybe it pays off, maybe it doesn't. Ultimately we will live and have a little fun at the same time.