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Topic: Why Didn’t I Invest In MazaCoin or Auroracoin? [blog post] - page 2. (Read 2306 times)

member
Activity: 89
Merit: 10
But why aren't you giving any indepth analysis of these coins in your blog?
Everyone can look at a coin that has been pumped and say "damn I wish I had invested in it". There are good reasons why a lot of people refrain from investing in Aurora and Maza. Sure they are great short term investments and if you got a few bitcoins laying around they were definitely interesting enough to put into it as speculation, but long term they have absolutely zero chance at survival.

Auroracoin will plummet into the depths of obscurity once the airdrop of reality hits. Most smart investors know this and will dump it way before.
Mazacoin would've been interesting *if* the Lakota people actually had any chance of using it! The Lakota indians represent 55 000 people, and the vast majority of them are beneath the poverty line without internet...
To me this is almost cruel, giving these people who has zero comprehension of cryptos a false hope that they'll be given tens of thousands worth of this "something" and then reality is that the dump will arrive here too.


This new trend of NationCoins is a breath of fresh air into a suicide-inducingly boring clone war, but so far none of them show long term promise.


I will write articles with a more in-depth analysis as well, but this topic just jumped into my head today.  Like I said in the article, I believe that microCoin is a great long-term investment, which is why I am holding onto them without worrying about any short-term fluctuations.  I just feel that many people were interested in both Auroracoin and MazaCoin after their historic rally yesterday.

I agree that the air drop is going to hurt Auroracoin, but the coin itself may have a chance of survival if the citizens of Iceland don't all dump it at once.  

Considering that MazaCoin is based out of Canada, it does raise some questions about who is really benefiting from it.  I never considered how the Lakota people would actually use the coin, as most don't have access to the Internet.

You have certainly got me thinking, as you bring up some valid points.

Which coin do you feel has the best long-term investment potential?  I would be willing to write an in-depth article on it.
sr. member
Activity: 458
Merit: 500
Next big question will be: Why did i not invest in KlondikeCoin? Just had a huge block reward drop. Many webshops accepting kdc now, since added to coinpayments.net (ended 2nd place). Committed community and active devs. Lot happend past few days. Wouldnt be supriced to see a huge raise in price soon.

KDC might do ok for your average buyers, but the name is just terrible. Can't see many ladies jumping for this one or 99% of the coinnames for that matter.

Obv AUR and MAZA are scamcoins both being pumped by devs with a fake story that will never come to fruition, of course the smart people will dump out while they ride the scam
wave and make some decent cash on it, but beware if you not out when the kids realize it was a scam.
member
Activity: 89
Merit: 10
I can't believe how much MazaCoin and Auroracoin have increased in the last 24 hours.  I wish I would have had the insight to invest in them.

http://www.cryptobang.com/2014/03/04/why-didnt-i-invest-in-mazacoin-or-auroracoin/

Imagine the pain of being dead-set on investing on both, but being constricted by Coinbases ungodly slow verification and purchasing system.

Coulda Woulda Shoulda.

Open your eyes and find the next one, though I'm far from convinced that Maza is dead.

I know how that Coinbase deposit process is, torturous at best.  
full member
Activity: 126
Merit: 100
KlondikeCoin - Get Real Gold !
Next big question will be: Why did i not invest in KlondikeCoin? Just had a huge block reward drop. Many webshops accepting kdc now, since added to coinpayments.net (ended 2nd place). Committed community and active devs. Lot happend past few days. Wouldnt be supriced to see a huge raise in price soon.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
Who can invest fast enough?!?!?!
newbie
Activity: 28
Merit: 0
I can't believe how much MazaCoin and Auroracoin have increased in the last 24 hours.  I wish I would have had the insight to invest in them.

http://www.cryptobang.com/2014/03/04/why-didnt-i-invest-in-mazacoin-or-auroracoin/

Imagine the pain of being dead-set on investing on both, but being constricted by Coinbases ungodly slow verification and purchasing system.

Coulda Woulda Shoulda.

Open your eyes and find the next one, though I'm far from convinced that Maza is dead.
full member
Activity: 182
Merit: 100
NXT.org
But why aren't you giving any indepth analysis of these coins in your blog?
Everyone can look at a coin that has been pumped and say "damn I wish I had invested in it". There are good reasons why a lot of people refrain from investing in Aurora and Maza. Sure they are great short term investments and if you got a few bitcoins laying around they were definitely interesting enough to put into it as speculation, but long term they have absolutely zero chance at survival.

Auroracoin will plummet into the depths of obscurity once the airdrop of reality hits. Most smart investors know this and will dump it way before.
Mazacoin would've been interesting *if* the Lakota people actually had any chance of using it! The Lakota indians represent 55 000 people, and the vast majority of them are beneath the poverty line without internet...
To me this is almost cruel, giving these people who has zero comprehension of cryptos a false hope that they'll be given tens of thousands worth of this "something" and then reality is that the dump will arrive here too.


This new trend of NationCoins is a breath of fresh air into a suicide-inducingly boring clone war, but so far none of them show long term promise.
member
Activity: 89
Merit: 10
I can't believe how much MazaCoin and Auroracoin have increased in the last 24 hours.  I wish I would have had the insight to invest in them.

http://www.cryptobang.com/2014/03/04/why-didnt-i-invest-in-mazacoin-or-auroracoin/
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