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RE: Why Raiblocks Will End as a Pump & Dump

in #raiblocks7 years ago

I respect Crypto Investor and watch his content a lot(even though he's been wrong lately on some predictions. BTC dominance increasing, for example), but his biggest blindspot is that he thinks too much like a trader and not like an investor, which is ironic given the name of his channel. Specifically, he only thinks in the short-term. You can clearly see this when he claims that RaiBlocks does not solve "the immediate need in the crypto space" at the moment. Adoption, interface, ease of use, etc.
It is commonly known that in the investment world, the BIG money does not chase these short term gains. It goes for the unique and interesting projects, regardless of their immediate applications. I'm talking about the billion dollar investors, not the million dollar ones. These types of investors ALWAYS try to get in early on something that will give them 100x, 1000x gains in a few years when demand for what they are invested in becomes more relevant. They look at big picture potential here. I work in the tech field and have personally met at least 2 billionaires in my lifetime. When you talk to these people about investment and the types of things that they are interested in, they always gravitate towards those types of projects that break new ground. Stuff that nobody else is doing in that space.
My father studied Quantum mechanics in the 60s, had a PhD in the topic and taught at Virginia Tech for a number of years afterwards. At the time, everyone told him that what he was investing his time in was a waste because it did not address an immediate problem, nor did it have any practical implementation at the time. It was purely theoretical. Today, you've got the top tech firms paying millions for the brightest minds in that very field, now that quantum computing is a reality. This is why people are interested in RaiBlocks, in my opinion. It's laying down a foundation for the future.
One final point I'll make is that when you are investing in a stock/crypto, you are not just investing in the tech or the project. You are investing in the people behind it. It's obvious that the RaiBlocks team is very passionate and forward-thinking.. and that they are trying to do something radically different from everyone else. Regardless of whether or not this is currently relevant or that it is something in high demand today, this is always where big investment opportunity lays.