/biz/ - Business & Finance

There are several possibilities with PND:

1) BTC triumphs (it's a VHS vs, Beta scenario). Panda either fades into dust or becomes a legit secondary currency. Bitcoin is the biggest, but mostly because people use it to hedge against bitcoin. PND could be that future hedge. Still could see growth. Either way, just because BTC triumphs doesn't mean PND doesn't succeed. Everything has a competitor...

2) PND triumphs and catches fire. We all make shittons of money.

3) Cryptos fade away as a fad. I find this unlikely, but it is possible. In which case, any investment in crypto is a bad idea.

4) Another coin takes the crown from BTC. I also find this highly unlikely. Most other coins have inferior designs or target a market niche too specific. PND does what crypto needs to do, which is simplify it. I find the phone wallet feature to be fucking awesome. It's user friendly too. I didn't know shit about cryptos a few months ago, but PND was still the easiest to set up and use.

Anyways, with the chance for gains, the risk and initial investment is small. I'd say their is a 20% chance pandacoin will make some serious noise next ot bitcoin, and a 5% chance it will take off. I like those odds.