RE: Green All The Way - Portfolio Day #2
Why do you think ICN cant go more than 4-5$? If they will become the mainstream Digital Assets Management Platform, something like index funds investing... I think they can really go much higher than 5$
Wagerr, I can't see the real advantage here comparing it to say Matchbook or other exchanges that already exist are crowded, have low fees, are regulated and have big liquidity. Wagerr just not offering something new here and the fees they plan to implement are not small too.
Monero and coins that can be fully anonymous are also problematic as an investment in my view. Governments, regulators will do everything to stop them as soon as crpyto becomes mainstream. There is some potential in black market and that can raise the value but I would not base my investment in something that has only a potential in underground. Followed U also.
I do think ICN can grow to 4-5$ but just a little to expensive for me right now. As for Wagerr it is a decentralized betting platform where you Peer to Peer bet so there is no middle man. Also as time goes on the amount of Wagerr will be "burned" so the overall supply will drop. As for Monero I think that it offers much more than just it's privacy but the adaptive blockchain and more.
Just couple of days after your post ICN reach 3.65$ that s what i am saying...why would you limit its potential to 4 or 5$ IMO can go much higher.
Wagerr, really they don't offer something revolutionary. Peer to peer betting exists already and is very popular with traders, profi bettors, volume bettors, arbers and recreational bettors. There are no voids or limits for players, it is 100% safe and the liquidity is very high. You can check Matchbook or Betfair. Fees with this established sport exchanges are already low mostly around 2# IE Betdaq or 0.5 to 1.5% Matchbook. So I dont see any advantage in Wagerr regarding to already existing products. Wagerr will charge 2 to 6% And with low liquidity, cos majority of people will still stay on traditional bookmakers and exchanges, it will be difficult to get good odds there. The only advantage that is possible is growth of the investment, if this platform becomes really popular other benefit is the practical use of smart contract. So to sum up, Wagerr doesn't really offer something really revolutionary. I think there are other areas in crypto that are more innovative. IE decentralised clouds, insurances, digital assets management...
Monero and all crpto that can be 100% anonymous have one common problem. They will most likely not be legal in any jurisdiction so their space stays limited.
Just my opinion (might be wrong too)
Love to hear insight and other peoples ideas. I see your points and agree with ICN but with other prospective coins on the rise it's too high of an entry for me right now.