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RE: Synereo Analysis - Let's do it right this time.

in #real-talk8 years ago

Thanks for the information I think I will hold off on buying any Synereo for now. I think maybe Synereo is just all hype, people talk like its the promised land like it will leave Steemit in the dust. It isn't even open to the public yet. I will have to use the platform and see how it is before I invest anything into it. Seems like it might just be all hype to shake out the weak hands out of Steemit.

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This is just like the 90's dotcom bubble all over again. People buy coins like there's no tomorrow based on promises of development.

"I believe in God and i believe in Bubbles. Please God, just one more bubble!"

AMP is already up more than 3000% over last few months. That's a lot of faith. If something goes wrong with the alpha...

I think there's a compelling pitch for a solution that truly fulfills this market. However, I think there are different ways to approach and a number of groups approaching the concept of a decentralized system with data included. However, as I said the real question is how simple can you make a complex technology. I think we see positives in decentralization but possibly more barriers for the new folks to the space to jump in due to the drawbacks of the complexity of the protocol.

i don't know if hype but numbers don't lie

the same thing spoke about steem :)

yea, since it's a traded asset the goal was to show the current market. If it was super new, well there's not a big market picture. Will it be amazing? could be. Steemit pumped hard off of a nothing price, and miners had huge bags. Synereo is a "pre-mine" value token, that has only been distributed via collaboration or ICO. Doesn't mean it can't moon some day.

Synereo will not have whales that have all the power in the steemit.
This is a big plus and fair.
But time will tell how it will be.