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Topic: Some thoughts on investing in datacoin: potential money-maker or not? (Read 575 times)

jr. member
Activity: 49
Merit: 2
member
Activity: 115
Merit: 10
Seems to be at a low now any one think its going to go down even more??? Thinking about buying some ....
full member
Activity: 126
Merit: 100

Good find. It looks like they have an interesting service built upon datacoin.

Quote
stay away from investment learnand watch at least 6 months. You will see. But if you want to feel some pain go for it.

I'm only investing very small amounts at this point. If I were to buy into datacoin, for example, I'd probably only buy $50 worth. I can easily afford to lose that much.
sr. member
Activity: 266
Merit: 250
stay away from investment learnand watch at least 6 months. You will see. But if you want to feel some pain go for it.
legendary
Activity: 1428
Merit: 1001
getmonero.org
Another question: has anyone spent any money to upload data to the datacoin blockchain? What was the user experience like? Do you feel that it was money well-spent?

https://krypte.net/

i uploaded here for test and fun. It was as easy as a pie.
full member
Activity: 126
Merit: 100
Another question: has anyone spent any money to upload data to the datacoin blockchain? What was the user experience like? Do you feel that it was money well-spent?
full member
Activity: 126
Merit: 100
I've been watching the price of datacoin drop lately, and I've been thinking about investing. I've already invested in MemoryCoin (MMC) and datacoin seems to be at a similar price-point right now. Some analysis:

With MMC, there's 10 Mil coins before 2% inflation kicks in, so if you wanted 1/10000 of the initial 10 Mil, it would cost about $100.

However, I found this thread on datacoin:
https://bitcointalksearch.org/topic/ann-dtc-promo-thread-information-is-money-datacoin-implements-these-words-358592

It says that there will be 2 Billion max datacoins, so buying the same 1/10000 of the coins would cost about $17000. Something doesn't add up...

Is the max coins figure from the above thread incorrect? Or will the max coins not be hit for centuries?

Maybe there's someone on this forum that can advocate for datacoin and explain the situation...
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