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Dig the concept, great way to easily kind of dollar cost average into btc without being tempted with market timing. Would be great if you could specify an overa
by turd66 12y ago
Dig the concept, great way to easily kind of dollar cost average into btc without being tempted with market timing. Would be great if you could specify an overall allocation into different crypto (i.e. that $.75 extra split into 60% btc, 40% ltc, etc.) that you could manage and monitor your overall crypto portfolio.
- pgorsira 12y agoThanks, we definitely aim to go in that direction. Bitcoin was the easiest to implement from the start (due to the WAY higher availability of APIs/libraries) but overall our vision is a platform for passive, casual investment into the entire cryptocurreny ecosystem. Could get even more interesting if something like swarm.co takes off - where it becomes commonplace for companies to issue their own cryptocurrency. At what point do we cross into the realm of traditional share purchasing, and what baggage will we bring/which will we leave behind in making this transition? I wish I knew. At this point, we just want to provide a platform that makes it all more accessible.
- turd66 12y agoDefinitely agree with the vision, and an easy to use platform to allow the common public to access these markets and diversify their assets is exactly what we need. Breaking into different cryptos can be a huge headache for the average person and the wild price volatility certainly does not help with the intimidation factor, but the thought of an investment as small as the change in your cup holder is a great way to ease people into the idea.
- pgorsira 12y agoThat-s a perfect way of putting it. We already consider the USD change we receive from each transaction to be nearly worthless when considered individually. The idea is to make that change work for you in (admittedly) volatile context.