9
« on: January 16, 2014, 06:07:44 AM »
Something else to consider is the potential benefit of expanding the development team, perhaps in the direction of more R&D. I think it would be cool to not just have Max Keiser mention the coin, but also be able to say something interesting for the audience, like "yeah with this coin it's really simple, you can just download and buy it directly from the wallet with a credit card".
It may be viable to just copy new developments from the bitcoin client as they come along, but it could be possible that novel development would comprise a substantial amount of value in a crypto coin's market assessment. The unique 51% defense is good, I'm just saying that there may be room for more things like that.
The key question here is "what is the projected development capacity and cost for running the software aspect of a successful crypto coin a year from now?" It could be fine just the way it is now, I don't know.
Media exposure is important, but if too much of the funding goes into that, while other aspects are not cultivated, then it's more like a pump.
Just some things to think about. I think that finding the right balance is important here.