"With all the great news coming out of Iraq, the rate of the Dinar rising every day and people by the busloads returning daily back to their homes in Baghdad, it was an easy decision to increase our holdings in what the company believes to be the best investment in foreign currency today," stated Daniel Duffy, president of Sebastian River Holding's Inc. "People don't realize that prior to the war with Iraq the Dinar was $3.00+ per US Dollar. Today the country is almost debt free; Iraq is one of the leaders in oil, natural gas and holds a huge amount of gold in its country, and the rate is 822.37 per million, which is up from $784.93 when we first started in March 2007."
The Company believes in the near future there will be a revalue of the Iraq Currency, it is the Company's opinion after doing its due diligence and public statements from Iraq's government officials, that the revalue could come in at between .82 and 1.00 per US Dollar. This would give Sebastian River Holdings a profit of between $192,000,000 and $235,000,000.
Is Dibcoin of 2017 the Dinar of 2007? At a bare minimum you have to acknowledge that the possibility exists.
There has been THOUSANDS of alt coin launched and perhaps a dozen or so have any appreciable trade volume. Without pointing fingers I will point out that a depressing number of those alt coin launches were nothing more than short term pump and dump scams.
Anyone with a few grand can pay some guy from India to modify an off the shelf blockchain enough to call it their own coin and the exchange Dibcoin will be listed on only requires a working coin, a few documents and a two bitcoin fee in order for the coin to be listed. So let's not pretend that SCNP has yet to do anything 10 grand well spent couldn't accomplish. This is the easy part.
Preventing your coin from becoming another of the THOUSANDS of altcoins that have flopped and resisting the urge to make it another pump and dump is where SO MANY altcoins fail. Conservatively speaking, less than 1% of altcoin launches are the sort of thing you would regret not having invested in. Is the Dibcoin team more skilled than 99+% of every other group who have ever launched a coin? Because that is in fact exactly what Daniel Duffy's SCNP needs to be for this to not be the Dinar of 2007.
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