And come on, Feathercoin? Doesn't the lack of imagination signal a major red flag?
It's as silly as ShoelaceCoin. Zero imagination. Lack of imagination is a deal breaker for me, hence I don't hold even a single feather in my cap.
I hear about ShoelaceCoin first time, but I know Feathercoin exists. Dunno what is better though
Lola ShoelaceCoin was a joke, just the first silly name that popped in my head. Which was the point I was trying to make. I look for some Imagination and originality in the coins I accumulate because I think those are tell-tales of good management and the future of that particular coin.
What is so special about ixCoin im missing?
Soon it's gonna be a rare commodity since mining is gonna end in less than 18 months.
1) Difficulty is rising at a faster rate than Bitcoin due to all the new ASICS merge mining, making ixCoin very hard to mine with each passing day.
2) Benefit over Bitcoin is that all 21 million coins will be on the market which gives ixCoin more liquidity than Bitcoin or a Bitcoin ETF which is a much needed feature for an ETF.
3) Fully Intact block-chain.
4) Old school coin, one of the very first coins which has survived and is well recognized.
5) The closest existing alt coin to a Bitcoin including the name of the founder.
So what does all this mean? Well, if you don't believe in the Bitcoin ETF then not much but if you think the Bitcoin ETF is coming soon then you have to presume wallstreet, bankers, speculators and hedge funds will look to start another ETF using a different coin or a basket of alt coin or most likely both.
Now looking at all the alt coins, if you were a banker trying to sell another ETF like bitcoin wouldn't you choose a coin which very closely resembles Bitcoin in order to give your ETF the best odds of success? It's like Samsung copying everything about the iPhone, people buy that which they recognize.
This happened in 1994 with the first Internet stock fund. They all laughed at first (just like they're laughing at the first Bitcoin ETF now) but once that fund blew up all the bankers were scrambling to start new Internet funds which of course created a massive dot com boom and bubble.
The same thing will happen here I think and if it does then ixCoin is the best absolute candidate for the reasons I mentioned above. And the coming Bitcoin and alt coin bubble should be massive, bigger and more volatile than the Tech/Internet bubble of the 90's.
Needless to say I've bought more than 1% of ixCoin over the past 2 months. I may buy more but it's getting pretty hard to accumulate right now. Maybe I should have kept my mouth shut but it's too exciting to see these new developments, especially in regard to the Bitcoin ETF.
Good luck!