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Crypto Trader – upcoming ICO review: The real estate crowdfunding coin

11 pointsby philanthropistalmost 8 years ago

2 comments

candiodarialmost 8 years ago
So let&#x27;s recap here. We should use cryptocurrencies - which have been rising ridiculously fast, and invest in a company that will use that money to change into dollars (who have inflation) and invest them in things that have a tendency to rise with roughly a little bit over the level of inflation. Some say with GDP growth.<p>So however fast&#x2F;slow that value of that company rises, it&#x27;s going to be offset against the rise of ETH which has to rise for these investments to succeed, and it has to rise by a lot for these investments to succeed.<p>So either this investment fails - and you lose money for obvious reasons. Or it succeeds and you lose money because the rise in ETH means you don&#x27;t get your ETH back.<p>Also this is an REIT, and this is how they&#x27;ve been doing:<p><a href="http:&#x2F;&#x2F;tradingview.com&#x2F;e&#x2F;?symbol=VNQ" rel="nofollow">http:&#x2F;&#x2F;tradingview.com&#x2F;e&#x2F;?symbol=VNQ</a>
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slindzalmost 8 years ago
Painfully slow watch. I made it ~5m into the 18m video.<p>My tl;dr (from what I could sit through):<p>33% of the video is spent explaining the existing process of bundling real estate investments. This offering wants to put that process on the blockchain.