I'm glad there are many sensible people around who can actually think clearly and don't act out.
Also, is the zapchain AMA still ongoing? There are some interesting questions to be answered and no winners have been selected.
Gonna try to balance it out for everyone, but more concerned for the newcomers.
For the past 10-20 pages, it has been one heck of a debate, discussion or an ugly form of AMA. Everything was fine up to the point when "White Label" came into the picture regarding PayKey. But based on the whole atmosphere this thread is giving off, seems like its better understood as 'Grey Label'. And then there were suggestions and speculations of how it will turn out to be, how it is suppose to be and so on. but a lot of fine details remains to be unclear of how PayKey works like what is happening behind from step to step, what are all the features of PayKey, what's the masterplan for it, etc. So far, all info gathered are still not 'fine' enough. Still very conceptualized although not exactly generic. If you want to be on the same page as me, you may read the past 10-20 pages of this thread. And then wait till around end of Nov 2015 for things to become clearer.
Allow me to do some introduction of myself with close regards to GETGEMS:
i am a trader, i am an investor, i am a social user. ---
When i trade,
price is of no concern to me. i just make it a win-win situation for myself - price goes down = more GEMZ for me when i buy. price goes up = more profit for me when i sell. simple. As a trader, my only concern is how i trade.
---
When i invest,
(1) it means i am also supporting the company, the project and the people behind them. Because i am giving them my money to use it to do something and i hope (not a guarantee) that i can get something good in return - a portion of the fruits of their labor. Needless to say, i do want them to succeed. And along the way, if there's something fishy going on, i have to give them the benefit of the doubt as i have to understand their position in this Cryptocurrency Business World and they can't always be transparent or be transparent with every detail until the time is ripe enough. Going against them improperly also means i am doing harm to my investments. So if you really really want to find fault with them, it better be proper with pinpoint accuracy. And so, yes, i have invested a safe amount during last year's GETGEMS Crowdsale. i am one of the Early Buyers.
(2) With all that said, an investor must always prioritize oneself higher than them no matter what. Because not all investments or projects or businesses succeed in this world. That's just plain basics, like an Investor's Creed. So i don't put all my eggs (money) into one basket (investment). Rather, the more baskets i have, the better. if i ever find one basket having too many eggs, i will find more baskets. Not invest more eggs into one basket, even if that one basket seems a lot better than others.
(3) Reason is because, in this world, anything can happen - and in the Cryptocurrency World, far more worst things can happen. The worst thing is Bitcoin & Altcoin gets destroyed (a small possibility), externally or internally. So if any of you wants to step into this cryptocurrency world with all your possessions (a.k.a. ALL IN!) while it is still in its growing stages and obviously not in good form or in its final form, you best take measures and precautions for yourself to be "AS SAFE AS POSSIBLE". Besides competition, regulation is a huge headache for both bitcoin & altcoin. Regulations from every country around the world has yet to be finalized and to be created,
much more so for every altcoin. So far, only Bitcoin has been going through this wild regulated ride. But altcoin is another case on its own and they can be extremely picky about it as we all know 100s of altcoins have died due to reasons like its a scamcoin, a P&D coin, etc. even MLM businesses are catching up to ride on the waves of Bitcoin or Altcoin. So regulations are toughening up.
(4) If you instead choose to rely on "Trust", it is as good as relying on "Risk". Only difference is, you dance with the rules that have been put on the floor - a play with words. Don't like reading all the terms & conditions?
(5) Then simple - invest only what you can afford to lose. Or better, invest only what you are able to get back by trading the moment it is tradeable on any exchange
before your ROI (capital profits). invest too much and it can become a long and tiresome 'Road Back To My Capital' (getting back your capital/initial investments). you first study the market - how many GEMZ are available in total? Then you study how many GEMZ are being traded each day. if its only less than 1000/day and you have an investment of 1 million GEMZ, well...good luck to you. But if you have an investment of 1000-10000 GEMZ, then good. once you get back your capital, you can continue trading to get more GEMZ.
---
When i socialize,
i think its only natural to be concerned for the welfare of others. Why would i want to put them in danger or at risk of being in harm's way or at a loss? Do i sound like i am neither here nor there? Maybe. But a more accurate description would be - i am actually everywhere with lots of pros but very little cons, nowhere with lots of pros but very little cons. There is no such place with 100% pros, 0% cons. Not only for myself but for everyone who come across me will at least have a pair of wings to fly and a pillow to fall back on for every situation, every scenario. Based on the advices and strategies i offer that is. If GETGEMS succeeds, we are there (because of our investments). if it fails, we are not there (because we got our capital back by trading). Whoever come across me will be warned just as much as i warn myself. the only thing i restrict myself from doing...is any form of baseless unhelpful negativity towards the company. complaining but done properly is a form of negativity but it can be helpful as it raises awareness or provide insights. if it must fail, let it not be caused by me or may i not have any contribution towards its failure. Because it can be a self-fulfilling prophecy. And that is something...i can only advice to others.
Cheers everyone.