Hi guys, I own MAID since I first saw the @dirvine and @nicklambert pn the Keiser Report. Fell in the love with idea but am not a tech, so just decided to tell anyone or everyone about it and put some money where my mouth is. The outperformance of oher crypto-currencies has been annoying (as apart from the ETH and ETC I havent been involved) but I’d rather they be where they are and MAID at USD250m than everything down in seven figure market caps still.
However, I spent a couple of hours looking at some of these projects and most of the time I was the thinking “What the hell is xyz coin?” Then I watched the introduction video and thought “What a lot of nonesense!”
Lets take Hshare as an example. Came into existence in August and had a market cap of over USD 1bn last week. The video on their website just screams BS at me, but maybe I am wrong. Today it’s down 50% and yet still has a higher value than MAID. While they might have a great product that is of great use to something I am not aware of, but surely the valuation is beyond all realms of the imagination.
My point is that surely this has to be one huge manipulated, unregulated bubble. Sometimes I wish MAID wasn’t even on the list. To me it doesn’t belong there, especially as when this bubble pops, even if everyone rushes into BTC, MAID will get dragged down too.
Anyway, the point of this post, before I started rambling, was to ask, if anyone can give me some good reasons to own any of the top 100 alt-coins. I mean specific coins that actually have a use in the real world and might be adopted by a wider group than just insiders and their friends and family. I’m curious more than anything and don’t want to waste any more time watching Hshare and PIVX videos.