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Topic: When will we see investment vehicles with focus on solid mineable coins? (Read 232 times)

full member
Activity: 157
Merit: 100
being mineable doesn't make the coin "solid" just as not being mineable doesn't make the coin scam, in my opinion.

it is all in the distribution model they choose. it can be through mining reward with a good rate and create a nice growth like bitcoin. or it can be a bad distribution with large rewards and no cap,... and put the coin on a never ending downward trend like Doge.
or it can even be PoS rewards, or premine but distribute 100% of it although this last one is hard.

Nothing is perfect. But being mineable is the best distribution model and the best model to get a wide spread community who strenghten the ecosystem. And as you say in your "last one": a pre-mined coin will never be distributed 100% (or 90%, 80 or 70% as it will stay in one hand) and the main problem is the fiat-money character of pre-mined coins. As the mining-process of these coins is always in just one hand they're always in danger to undergo inflation because no one could limit the creators coin production.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
being mineable doesn't make the coin "solid" just as not being mineable doesn't make the coin scam, in my opinion.

it is all in the distribution model they choose. it can be through mining reward with a good rate and create a nice growth like bitcoin. or it can be a bad distribution with large rewards and no cap,... and put the coin on a never ending downward trend like Doge.
or it can even be PoS rewards, or premine but distribute 100% of it although this last one is hard.
legendary
Activity: 2562
Merit: 1441
Quote
When will we see investment vehicles with focus on solid mineable coins?

The way politics works is something like this.

#1  People want healthcare reform.
#2  Politicians hold healthcare reform hostage until the public is desperate enough to accept anything & make big sacrifices to get it.

Example: obamacare. The government stalled progress on healthcare reform, they held it hostage, until americans were desperate enough to accept 20 tax hikes and trillions of dollars in state spending to "fix" healthcare.

Dysfunctional legislative systems hold marijuana legalization, gay marriage, tax reform, healthcare reform & many issues hostage this way.

Investment vehicles for crypto are being treated in a similar manner. They will be held hostage and all progress will be stalled until the public is desperate enough to accept tax hikes, and a loss of rights to get what they want.
full member
Activity: 157
Merit: 100
Isn't bitcoin the first mineable coin that isn't pre-mined? It is also the first coin to get some real serious investments so I don't know what you are trying to say.

Im talking about investment vehicles like investment funds and investment certificates which invest in trustworthy altcoins and strain to filter out scammy cryptocurrency projects.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Isn't bitcoin the first mineable coin that isn't pre-mined? It is also the first coin to get some real serious investments so I don't know what you are trying to say. ICOs are just another way of saying "I have a cool project but I don't have the money, please fund it and I'll give you a share of my great work" and it's easier to achieve funds due to the craze made by successful ICOs in the past. I don' trusr the current ICOs in one bit, and it's funny that in a short span of time, anti-premine goons are drooling over ICOs because it's easy money for them.
full member
Activity: 157
Merit: 100
Many coins are pre-mined and their market cap values "lie".

Website "Coinmarketcap" lists all coins by market cap.
But you are able to filter out non-mineable coins.

These real mineable coins aren't threatened by inflation like fiat money:
https://coinmarketcap.com/coins/views/filter-non-mineable/

These coins are solid, valuable and trustworthy.
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