You believe that an unstable coin like that is going to be a good hedge against changes in the larger market? What you need to hedge things with to something that actually has a guaranteed rise in value like Bitcoin. You're not going to head something with something that is so utterly and completely unpredictable.
The question is what will be easier:
for BTC to go from almost $3000 to $15000 (x5),
or for MOON to go from 2 Satoshi to 10 Satoshi (x5).
Maybe the word "hedge" is not completely correct, it's all about the risk/reward ratio.
It's just a diversification. MOON is not more unstable than other known coins.
No one can predict the madness of the market though.
BTC was a good hedge at $500-$1000, but now at almost $3000 with an upcoming blockchain changes (August, 1), the possible split into a classic BTC and BTC unlimited (BTU), it's not a hedge (at least not now) in my opinion.
Are you sure that Bitcoin has a
guaranteed rise in value from these levels?
The crypto is a quite unpredictable thing though, it always surprises.
cant compare bitcoin with moon.
moon has no devs and community support like btc. to be the devils advocate, the prob with moon is that its whales are short term let-me-take-some-profit oriented thinkers. look at our history. two pump and dump examples- in the early 2014 and a few months ago. then it's dead for years. it appears that the foundation/whales are not putting the best interest of mooncoin above their own financial interest,although they try-ie new logo contest, new website, and discord. the bottom line is they are trying but not trying hard enough. putting our own self interest above mooncoin will eventually kill mooncoins great potential or stay this way. how about recruiting some smart dedicated devs and working on some innovative ideas(smart likes and moon word=not very practical and innovative,imo or else it would be very popular.). its quite simple. if mooncoin succeed we all win.
If Foundation members are short term thinkers, why they have been posting from their accounts since 2014-2015?
Why do they keep donating money for block explorers, for listing at exchanges and for other things?
Obviously they could stop doing it in 2014-2015-2016...
MOON was not a crowdsale, everyone had the same opportunities.
If someone had bought more coins than other people, he risked his money, and other people had the same opportunity.
MOON has no centralised authority, no bosses,
we all are volunteers, and have you personally done anything for MOON?
If you want the progress, then just start doing something. You are welcome.
There are several Mooncoin projects backed by common people all over the world that are in progress now.
Barry already had received from old members several hundreds mil of MOON,
and we are waiting for news from him. Obviously you can hire another dev, but will he be transparent?
Will you dare to launch an .exe file, compiled by him?
Also what if a new dev has coded his own wallet and then barry will provide his version?
Obviously then the versions could interfere one with another.