Pages:
Author

Topic: Why do most of you guys only care about partnerships & roadmaps? - page 2. (Read 249 times)

legendary
Activity: 2184
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
If we want this space to truly evolve, we need to come up with new stuff and test it out. Alts are most of the time testing grounds for large coins, the same way PoS was a testing ground for Ethereum and the same way some coins adopted SegWit long before Bitcoin did.
Many altcoins are not even sustainable for the long period, thus that already rules most of them out as having a future, nor any real use case that quite a lot of people would want to take advantage of. Partnerships help to increase the hype around the coins, that's why most of the project owners want to gather news of one form of partnership or the other, whether it's real or not, they could use it to momentarily sell their products to investors who are moved only by hype.

The only way things could prolly get better is if profit is no longer the sole reason why people are in the network, if they really want to create something useful with a sustainable use case, then money doesn't have to be the initial motive, but as long as quick ROI remains the case when altcoins is in the picture, then most of their products is going to be more or less a reincarnated one or an outright shitcoin.
sr. member
Activity: 316
Merit: 250
I do agree with you, however we are here to make money as well as embrace the technology. However making money is your main goal. Just watch coins getting close to an event/roadmap deadline, usually they surge about 50% - 150%. Cardano for example getting close to their smart contract platform launch, the results are shown in the price. People try to predict. We know TA's don't count in the crypto market, so the only way to predict a little in this beautiful market is by following their news and developments.
legendary
Activity: 1134
Merit: 1599
I've been lurking on so many websites for so many years and I find it quite disturbing to see how most of the today's crypto users/investors mostly only care about "new partnerships" and "roadmaps". I feel like most of you are blindly investing in coins that either have a very long and misleadingly bulky roadmap or coins of which devs are betting you their lives that they're gonna bring their coin/token to Binance. Is this all crypto is for you? Binance listing and "roadmaps"?

First of all, besides bringing pump and dump volume, Binance/Coinbase/etc listings and similar kind of "partnerships" bring no advantage. They're literally there just to make it look like the newly listed token has some good potential. Truth is, Binance has been (at least allegedly) known for asking quite a lot of money for listings. Even if Binance doesn't, there are plenty of exchanges who do. And then, just take a look at Binance's listed coins. >50% of them are coins I never even heard about, pure shitcoins. Is it that necessary for a coin to be listed on known exchanges as a partnership or should this be coming from the exchanges themselves instead?

Second of all, these "roadmaps" are usually the exact same for all coins/tokens. New website, new wallet design, exchange, paper wallets, possibly HW support, marketing team and so on. But at the end of the day, if you look at the roadmap you need only a braincell or two to realise that all these hyped-up updates are literally worthless when it comes to the coin's development.

DigiByte brought some new tech to the crypto space for security. PoS was great for crypto development and studying. Kadena now came with a new, interesting concept of having multiple chains to avoid congestion. Monero came with the strong privacy support, PirateChain has a quite interesting idea of increasing privacy with every tx. There are a few coins here and there that come up with interesting new tech, but most of them are identical and have no real future, no real use case, no real development.

If we want this space to truly evolve, we need to come up with new stuff and test it out. Alts are most of the time testing grounds for large coins, the same way PoS was a testing ground for Ethereum and the same way some coins adopted SegWit long before Bitcoin did.

Yes, this is a rant. Take it as it is, I'm just tired of hearing "development", " partnerships" and "roadmaps" everywhere when I already know for sure they're all crap and bullshit. It's just pathetic, we should start to look for real for things that actually bring value to the crypto space.
Pages:
Jump to: