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Re: masahirox post# 7620

Tuesday, 04/24/2018 12:42:19 PM

Tuesday, April 24, 2018 12:42:19 PM

Post# of 11360
I've been wondering why Ethereum (ETH) value would be expected to somehow affect KCPC stock value. I know just enough about cryptocurrencies to be dangerous, and I understand that Ethereum is the gold standard when it comes to "smart contracts". That statement implies a lot of things that I'm unable to converse about intelligently...lol.

From the goldcrypto.io website: "All GoldCrypto AuX digital tokens are created through the Ethereum blockchain pursuant to ERC20 standard
specifications."

So that tells me that the tokens are based on what is perceived to be a very reliable technology....but does that in any way mean that the value of GoldCrypto tokens somehow correlate with a rise in value of Ethereum tokens? I'm not sure it does. Maybe it's just kinda like "Intel Inside". Might just mean we've got chip inside with a good reputation....but there are lots of other moving parts as well.

I don't know. Just thinkin' out loud here. Much as I'd LOVE to see Ethereum's rise in price affect KCPC positively, I'm just not sure that's a realistic expectation. At the very least, it does give me more confidence that the developers behind GoldCrypto are making smart choices. Hopefully choosing KCPC to develop their gold reserves is just one more of those smart choices.

(CryptoSecure tokens are also based on Ethereum, but that's another discussion)