[Extremely-Very Speculative] Relevance Coin (Cryptocurrency – 20 Coin Giveaway)

(Image from relevance.community)

The Offer

(Via Product Hunt – newsletter, indirect link)

Relevance Coin is giving away 20 Relevance Coins per every referred/invited signup.

  • Looks like you need to sign-up using a twitter account
  • Coins won’t actually be distributed until 1 billion coins have been given away

How much are the coins worth?

$0 – There actually isn’t a crypto coin yet, just a coupon for a coin.  It trades on no exchange – so it has no market price.

But how much will the coins be worth?

Probably $0.  Most new companies will fail or not achieve a high level of success.

Highly Speculative Statement Relevance is valuing their coins at a buyback value of $31/coin But this is crazy speculative because to buy back their coins in a reasonable time frame they would have to become one of the most profitable companies in the world.

The Verdict

Arguably everything cryptocurrency related could be termed speculative, wildly speculative, or insane 🙂

I sort of look at new coins as a lottery ticket:

  • With a very high likelihood, you’ll end up with no value – a losing ticket
  • With a small likelihood, the coin may trade on an exchange at a very small value – perhaps like picking one number/ball correctly
  • With an extremely small likelihood, they would payout at their stated value – this would probably be equivalent to winning the lottery

This deal is probably so speculative – startup with no revenue, no track record, … that I probably shouldn’t have shared it.  I enjoy taking a shot on these deals when the coins are free because the cryptocurrency space is so volatile it feels like almost anything can happen, and I’ve actually hit a winner in the past.

I think it’s fine to include referral links in the comments

[If this coin develops any value – I’ll send it to Will to distribute in some way back to the DoC Community]

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243 Comments
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987h
987h (@guest_541117)
December 24, 2017 22:35

Used Don’s Invite here is mine

https://refind.com/SuRa3806?invite=061550a47d

Kumar
Kumar (@guest_535594)
December 14, 2017 22:18
Ven
Ven (@guest_535306)
December 14, 2017 14:29
Marc
Marc (@guest_494850)
October 16, 2017 10:36
Cramer
Cramer (@guest_500486)
October 25, 2017 01:08

Used Marc’s…Here’s mine:

https://refind.com/cramerjkm23?invite=5c0ac8e551

Chris
Chris (@guest_494281)
October 15, 2017 10:34

Used Gina’s link!

Here’s mine: https://refind.com/gooseberry1977?invite=c48a89cc6d

Thank you!

Steve
Steve (@guest_493639)
October 13, 2017 23:55

I used David G’s link. Here’s mine:

https://refind.com/steve77g?invite=f236fda7a1

I think we should post replies at the top level, not as a reply to someone else’s post, to make it more clear what the last post was and to avoid getting a thousand levels of nesting.

AngJi
AngJi (@guest_493414)
October 13, 2017 15:47

Used Michael’s
Here’s mine: https://refind.com/AngeJiang?invite=ce59b6d0c6

John
John (@guest_493493)
October 13, 2017 18:53

Used Agela’s. Thank you for using mine. Let us keep the Conga going!

https://refind.com/sanfran007?invite=349412a4b6

Steadycash
Steadycash (@guest_493540)
October 13, 2017 20:25

I used John, Spread the love:

https://refind.com/Steadycash?invite=1f96088dc4

David G
David G (@guest_493353)
October 13, 2017 13:24

Used Don’s referral. Here’s my link: https://refind.com/sync4goeke?invite=413ada07dd

Thanks!

Michael
Michael (@guest_493247)
October 13, 2017 09:19

Used Justin’s – Here’s Mine https://refind.com/mgs2379?invite=5a6596f7cf

AL
AL (@guest_493133)
October 13, 2017 00:16

use Don’s (OP’s) link. Thanks!

https://refind.com/alad90?invite=80f182c94a