Moderate to low.
wow smooth. really? why do you say that? is the project not worthy? or do you just have little to no trust in the market? do you think something better will surpass both of us? or do you think no one will ever catch on to drk and it will become the privacy centric altcoin that everyone uses on the dark market? if that than do you think there are flaws in it that will allow everyone's identity to be uncovered some day?
a lot of elaboration on this comment would be nice.
You got him in a good mood, last time he said it will all go to zero
I guess hes right now that i think about it. I told my mom to invest in bitcoin back in 2011 and she didnt listen. I told her then that it probably would go to 0 but that the expected roi was posative, sort of like a lottery ticket for smart people. I told her again with nxt and she didnt listen again. I was right about both. I told her that this was her third opportunity, and i told her again that it probably would go to 0 but had a positive expected return on investment.
it probably wont succeed for a million reasons. but im still convinced it has a very strong posative expected ROI despite this fact. And of course, it goes without saying, it deserves to succeed. good thing im a gambling man. i want to be wealthy so badly. Thank you for words of encouragement.
The way we can do larger adoption than DRK is to bring it to the hands that are not involved into crypto. This brings fresh cash to the markets and probably those people are for the long haul since often they may not even own a computer(!!!!).
I guess you could convince your mother to invest only a small amount (like 100-1000 usd). This probably will not hurt her if she loses it completely.
i went ahead and made her a wallet, wrote the mnemonic on a piece of paper, gave her the piece of paper, and told her to hand me cash any time she liked and i would convert it and put it on that key. interested to see if she ever decides to hand me that cash. she makes a lot of money but spreads her self so thin. im not hopeful.
I see... After all, for these type of people 100-1000 usd means probably only a few dinners left out and taking own food to workplace instead a few times. There are indeed people who are not that good in saving money. Usually the bigger income the bigger expenses, so in order to become wealthy one need to pay special attention to costs.
This certainly has better Expected value than the most lotteries/raffles.
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Monero's current trend however feels more comfortable. It is bullish but not bubblish. After all, this type of trendline, if it lasts long before breakout, leads to high breakout.
At some point people realize finally Monero is slowly slowly trending upwards, they start to buying into the coin leading even larger rise and finally the gamblers enters to market saying, I will make money by buying the coin now and selling it tomorrow for 50-60 % higher. That's the right time to sell when the gamblers enter to the market IMO.
