Ok. I Hold 10k blackcoin , and i'm trying to understand why different factions seem to be at war.
when promotion of blackcoin should be the only goal.
I can't seem to find a clear informative thread that seems to be run by the dev rat4.
Could someone explain if he is still developing the coin.
With regards to LibertyCoin is the new Black , Clever promotion technique but everyone should be in more than 1 coin.
( holding 1k LibertyCoin and GRW)
First of all the coder of a coin is NOT (always) the developer. Rat4 does code. Nothing else. (Oh he does play with the ra-rah kids on IRC showing he is just another asshole who can code, but that's not what you are asking for).
There was a thread that you still can access that rat4 closed at the behest of the crooks who are running things in BC now. They are Eugene Rukhlin (the Doge of Wall Street) and Morituri13/dognip (they lead an "investors group" (The Black Hand) manipulating the price from the inside and dumping tens of millions of coins). And let me reiterate it clearly to you: THEY ARE CROOKS.
Then there's a bunch of choir-boys and interested guys that blatantly lie, either because they are just ra-rah guys or because they are paid to do so, for instance Soepkip, but you can add Mickey -Vizique-, Josh -the guy from Cambodia and yes, nice/boy Dutch Treat, Maarten.
Promotion of blackcoin should be the only goal if there wasn't a cancer in the coin. As it is, you would be promoting for them to take your cash. And that's why we are where we are.
Now you have the lowdown. in not too many words.
Thank you for your views and response.
So most of this conflict has been caused by the whales being publicly vocal rather than the normal pump and dump cycles of unknown whales on the exchanges.
So the investers (public whales/sharks) have taken front seat letting rat4 actively code and safeguard the coin, I have checked the github and it is active.
Surely if the coin is still being developed by an active dedicated dev then it is still a potential investment that may still grow.
Any coin can be manipulated on the exchanges therefore by inference you could state that all whales are crooks and cancerous for actively fixing the market to make profit, this is standard for the exchanges and trading in general. To make a currency work it needs stability some coins actively promotes such funds to ease market manipulation such as naut however it then comes down to the integrity of the fund managers (Naut will be also be big in my opinion).
(I am not defending anyone here, in fact I've seen the video of soepkip and that was a drunken person who definitely should not have commented about blackcoin in that state, worrying.)
I will still hold my blackcoin for the long term and just sell my minted coins for different Alts, due to it being widely accepted on the exchanges and easy to use.
Well, not exactly. The "whales" if you want to call them that, are not "whales", are
The Black Hand. Do you understand what is "being in cahoots"? Since apparently you do not, it means they act in agreement (formal, in this case, with papers signed) with the developers of the coin... in this case Rat4, StGNU and The DOGE, and they pay some crums to the towns idiot, Soepkip. It is
Insider trading and manipulation, playing with marked cards, ok?
Of course other coins are manipulated by whales, of course. And it is legitimate market activity. Because they are no acting on inside information nor orchestrated, from the inside, moves to manipulate the price.
Contrary to what you think, the DOGE and his group -not necessarily The Black Hand, I have no evidence of that, so probably just the DOGE, StGNU and Rat4-, mined more than 35 million coins during the first few days. Distributed in several wallets. We know many of those wallets are at zero already. And, by my estimation, there are still over 10 million coins, perhaps more, to be dumped just by these three. Now The Black Hand came upon the coin later. I don't know how many coins they have but I assure you it is in the millions and they are increased in anticipated upside moves -not all working, obviously-. But there's no way to know the exact specifics. What's evident is that the group have an "investment" big enough to justify sending pointman Moriturui13 to Miami to try to contain the stupidity innate to the towns' fool.
And that, regardless of what you may choose to think, not only is not acceptable, it is the cancer of the coin, the beginning of the end.
Oh Rat4, like I have stated, is just another crook who codes who happens to be quite an stupid individual to boot. He's not "developing" anything. He never did. He just hard-forked Peercoin, that's all. There are no innovations of any kind in BC. None. There are several coins that are faster. There are several coins that are more innovative (not a stretch for this is not at all) and there are coins that are greener -if you insist on a name, I'll direct you to another con but very interesting coin, NXT, much greener, much more innovative, much faster...
The video, funny as it is, is not Soepkip, it is a mocking of his "brilliant" activities in Miami, by the way. But I understand your confusion.