Thanks for your honest input.
First, I saw a lot of what I posted here on iXcoin and then, afterwards, I purchased my large position so there is no confirmation bias in my analysis.
I did not buy 633,000 ixCoins and then look for a reason to justify it, it was the other way around. I just happened to start This thread after my position, but you can see posts of mine saying the same thing when I only had less than 1 BTC of iXcoin.
Secondly, a well distributed coin is better than one which is hoarded by just a few for a number of reasons:
A) You don't have the risk of insiders dumping into every rally, thus killing any chance you have at taking the coin much higher.
B) Support and stability comes from less bulk sales which is why iXcoin has been so stable compared to other alts coins. There's simply no big sellers due to the huge distribution.
C) From an economic point of view (government-wise) you would prefer to have 100,000 millionaires rather than a few billionaires and a couple hundred millionaires, which is the case with Bitcoin. This type of effect gives added stability to the coin and also helps to improve the economy via wealth creation (or wealth transfer, depending on how you wanna look at it), which farther drives the value of the coin as people reinvest their money.
Launching a new coin would not be as good because it takes years to test new technology. Just look at the problems they have found with the Bitcoin protocol over the years and that was built by the genius Satoshi. Even Namecoin suddenly died after nearly 3 years of running with no issues.
Also, new coins are often seen as scams and pump and dumps so an older proven coin is a better choice.
Finally, there is no way banks or govts can launch their own coin and have it succeed, nobody would buy it which would mean velocity would be near zero which means the value would be near zero as well. That's because people don't trust banks and govts which exactly why if they're gonna get involved they're gonna choose an already existing coin and hijack it but do it behind the scenes until that coin reaches critical mass.
....enter iXcoin.
This is exactly why iXcoin is so perfect. It's just like Bitcoin without the bad image which seems to only be getting worse for Bitcoin every month. iXcoin has everything Bitcoin has to offer, including time tested [without failure] massive security, but more liquidity and no bad image so if I'm a hedge fund or a govt. iXcoin would be my number one choice.
These are all facts, and not confirmation bias due to my large iXcoin holdings and I saw these things from day one which is why I bought so heavily into IXC. And I have since tried to find a coin which has all of these things to offer and it simply doesn't exist which is why IXC is still the top choice of SmartMoney [and I think they're now already here, investing in iXcoin].
you have your facts but... aside from what we have known there are lots of things which are unseen by us.. the conspiracy.. between government and advertisement tools such as media and other things, manipulation of the outputs... if you would compare how many people knwn crypto currency... nor understand them.. i can guess less than 10% of world population.. why is this thing hidden? same way on applying things about this currency.. those who have the authority can just barge in and saiy we have a controll over this area.. i agree with you when you said russia and china banning XBT is just a cover for their plan of acquiring large sum of XBT but... and as you said if US and other Allied country being late on the scene... it isnt wise for them to resort to IXC which is widely distributed to the community.. unless they planned this thing years ahead.. and how sure are you when you say
edit: convinced on investing but IXC replacing XBT... i dont knw it is for us to see ^^,