What's your opinion on his marketing activities on Twitter? Should a leader of a rising crypto be tweeting and obsessing about the price of his token? Also, what do you think of his % ownership of TRX tokens?
I get that a founder needs incentive to continue working on a project, but it all seems so excessive here.
There's also the argument against centralization of LEADERSHIP, meaning he could be more of a liability than an asset to the company.
This was Satoshi's most genius play. He, she, or they may not even be alive - and if they are, no one knows who they are, which completely eliminates founder risk from a project.
Anyways, appreciate the writeup. Made me think!
~ Kevin
Thanks! He should probably refrain from the marketing on Twitter. Wouldn't fly for a listed company.
I'm not sure how much he owns but I did read there's at least a 2 or 3 lockup. That's decent.
The problem I have is just the valuation. Coins like TRX, ADA, EOS. I like them all but own very little b/c they're not even running yet and all worth over $5b. That's very bubbly. Rather have it in BTC.
Yeah. The valuation is fucking nutso bananas. My current strat is to pick coins that have working tech, in a sector that needs it, and a team that has proven track records of prior success in industry + constantly shipping code and communicating that to investors. So that rules out a LOT of coins :P
Indeed, if you find any let us know.
BNB, WINGS, PRO, POWR I like.
Thanks for being so open about sharing your pics. I'll have to look into the latter 3, considering picking up some binance coins myself. I like BAT and FUN right now.
I own some BAT, that's a bet the jockey pick too.
Bet the jocket = put a lot of $ into it? Not familiar w/ that term :p