Topic: [ANN] ION [ION] | POS 3.0 | Mobile Gaming | Join the ionomy today! - page 316. (Read 473125 times)

I'm still not sure I understand why those whale meetings need to be "secret" then. If there is no "insider" info (?) and it's all just constructive development discussion then what/whom could it possibly hurt if it were made public?

Whales have been constantly buying, whether there is news or not. They have been investing from the beginning because they believe in this project. Ion price has been fairly steady for some time, there is not really anything exciting about the trading. I think the volume in ionomy now is mostly from people buying ion's for master nodes.

Show me where I said that. You are doctoring messages to prove your point, you do not need that.

Where did I say that whales get advanced information?

hmmmm I wasn't very clear was I..... sorry bout that

I meant to say that I didn't spend money to have the ability to provide feedback. I spent BTC so I could buy lots of atoms,electrons & ions because I believe in their vision and what they are trying to accomplish 

Are you sure you're talking to me? "you did" what?

I was simply pointing out that having a vested interest is unlikely to make the feedback more valuable. The opposite is more likely seeing how some whales appear to be reluctant to demand accountability.

Q.How does Ionomy solicit feedback?
A.People with Whales and Founder status have the option to provide direct "input to the platform" via their associated Slack channels. The Ionomy community can provide input to the platform via discussions in the general channel of Slack. Any member of the community,which includes the crypto and non crypto people, can provide their input (defects and enhancements) via email to [email protected]. Via all these routes, the vast expertise of the whole community is tapped to strengthen the Ionomy platform.

Never said that you did. I said that a financial commitment is confirmation of motivation. Of course the devs don't rely only on whales for feedback that's ridiculous. Whales are just one datapoint of many.

I didn't pay for the privilege to provide feedback I paid for atoms,electrons & ions but if asked will provide feedback as I've got a lot to lose if this goes south

It's only bad when others do it.

WildShark states that whales do receive advanced I formation: https://www.iontalk.net/t/sharkys-ion-faq/224/6

How is this not insider information? If a single ION was purchased by the whales while having advanced information is considered insider trading. Korvas just stated that he has been buying ION the entire time.

Could someone logically explain how this is not insider trading? All the word gymnastics going on about it must have me confused, my apologies.

Paying for the privilege of providing feedback does not make one smarter and more qualified to provide such feedback. If anything the "devs" should be thinking about the actual users, not a handful of whales.

But I'm sure you already know that, you're just trying to come up with some sort of justification for the money you put into this whale thing. I doubt it makes any sense to anybody outside of ionomy though so you might as well save your breath.

You keep focusing on this pst whale meeting and an upcoming announcement

Yep I'm responding to the accusation that whales have privileged information that they use for insider trading..... you know part of a long list of accusations that are totally baseless

Was this the only whale meeting ever?

Nope there has been a few whale hangouts

You are focusing your agreements on only one meeting and only your actions.

Yep to prove a point

What about the other meetings and he other whales actions?

lol you want updates on those too

Has no whale bought a single ION since they became a whale?

Don't know about the rest of the whales but I have and will continue to buy ION until at least year 2. So far I haven't sold a single ION might sell some soon just to cover costs like masternode hosting but at the moment I'm in buy only mode

That would be the o to way this wasn't insider trading. If they purchased ION while having advanced knowledge, that is insider trading whether they intended it or not. I know WildShark has repeatedly bought ION and claimed other should as well if they knew what he knew.

The stuff I've seen from Wild pretty much focus's on posting real data about the masternode community project and anyway bullshit cuts boths ways you don't have a monopoly on posting crap. My posts could be 100% bullshit 50% bullshit or 0% bullshit. I'm not the ION team I'm just me  

Twist it however it makes you feel better about it butthos definitely is insider information and if any whale made an ION purchase, then it became insider trading.

Don't need to twist I'm at the meetings so I know what was discussed

And you are saying that whales don't have preferential treatment? How so? Try get advanced info before others...seems preferential to me.

Do Whales get information early

Sometimes, when ION post I can conclude this example

Is this to the detriment of the ION community

No

It's a benefit to all as the feedback given is based on a personal agenda of wanting Ionomy to succeed long term. Imagine if you were asked about something like say the Gravity launch. You could be lying in your feedback just focusing on whatever personal agenda you have. As you've no vested interest if it turns to shit you just walk away you've lost nothing.  

Multiple that by a hundred people then how do the Devs filter out bullshit.

If you have any better ideas on how a small dev team solicit feedback from the crypto market then lets hear it. The whales are just one datapoint the devs use to build a picture.    

You have to pay to get that advanced inside information, which apparently isn't inside information according to a few on this page. It's just information that a select few get before the rest of the muggles.

Eloquent and informative as usual.

So what's with the big pre-announcement that korvas is not telling us about?

Peekaboo!

Guys, relax, it's just bots "trading". Laws don't apply to bots. I think. Maybe. Perhaps on Saturn where I'm told Ionomy PTE is registered.


Edited 2020-11-29 to fix a broken image

You keep focusing on this pst whale meeting and an upcoming announcement. Was this the only whale meeting ever?  You are focusing your agreements on only one meeting and only your actions. What about the other meetings and he other whales actions? Has no whale bought a single ION since they became a whale? That would be the o to way this wasn't insider trading. If they purchased ION while having advanced knowledge, that is insider trading whether they intended it or not. I know WildShark has repeatedly bought ION and claimed other should as well if they knew what he knew.

Twist it however it makes you feel better about it butthos definitely is insider information and if any whale made an ION purchase, then it became insider trading.

And you are saying that whales don't have preferential treatment? How so? Try get advanced info before others...seems preferential to me.

All credit to you o0o0 for using every opportunity to sow seeds of fear, uncertainty and doubt 

guys relax im sure its not illegal in singapore thats why they are incorporated there !!!

I think you'll find it's just as illegal there as it is here

You are receiving advanced information and can use this to make buying/selling decisions. The buyers of what you sell or sellers of what you buy don't have this edge information so you do indeed have an edge.

Wait for the update then tell me how that constitutes insider trading  the call was to discuss this coming update

The fact that you try to water it down and claim its not insider trading OR the information isn't used that way doesn't change the fact that is likely can be or is. The only proof anyone has that its not used that way is "trust us".

Until machines take over everything then trust is an important element to business...... fact of life

I'm not saying trust ION or trust me. Trust is something earned through action not words.

Water what down exactly ?? you don't know so your making assumptions

Businesses get sued / fines for this all the time. Simple emails from one company exec to another indicating plans cross this path and people pay hefty consequences for it.

Yep and quite right too....... If I knew this was going on then I would be gone. I didn't invest in a speculative pump and dump coin, if I wanted too there are plenty of better coins to play that game with.

Its insider trading plain and simple and its been admitted to and shown now. The ion team are facilitating this knowing full well what it is. So how can they encourage others to get on the purple rocket ship to the moon when they have preferential treated members....? Another red flag.

No it's not. You see a red flag then fine I'm not here I'm not here to convince you otherwise, I'm here to counter suposition

Just wait for the update as that confirms what was discussed Saturday. Then tell me how that constitutes insider trading

Don't get your point......

The last time I was in Singapore you could eat gum, you just had throw the gum in a bin. If you threw it away and were seen by the police you'd get a fine. People actually take pride in where the live and the public facilities like toilets are at a level you'd expect hotels to have

Singapore one of the cleanest most well developed places on the planet. When it comes to crypto that region is more forward thinking than the west.

Kinda helps though when laws are in place to facilitate a clean city

Singapore also has laws against litter, graffiti, jaywalking, spitting, expelling "mucus from the nose" and urinating anywhere but in a toilet. (If it's a public toilet, you are legally required to flush it.)

Great place to live as long as you follow the rules



 

@korvas128 u may or may not be insider trading (I don't know u or what you are doing with the information), but if you have information prior to it becoming public knowledge and you trade on that information it is insider trading, I'm pretty sure whale-shark fits into this category and that is based on what he has said

Well I'm obviously gonna say I'm not an insider trader as if I were telling lies I'd still say the say the same thing anyway, Can't speak for Wild. But if he were then he'd be shooting himself in the foot bigtime. Ionomy isn't about pump n dump it's about creating something which is of benefit to everyone big or small. The ION team have a 5 yr plan that I don't really understand but just looking at what they've what they've done or haven't tells me ION think in years not just months.

You wouldn't be a whale if you didn't think in similar time spans.

For instance why implement features in a coin that allow for anonymity. Today an irrelevant feature tomorrow though if ION is a success it becomes an important one..... the ION team are building foundations for the future. Success isn't defined as a couple of whales eating crumbs of a table in fact that is what would be best described as failure 

you have said you have information that is not available to the general public, if u have bought or sold any ions and have information that is not available to the general public, that is insider trading, can you say that you haven't bought or sold any ION since you have been a whale and been in whale meetings???

Just wait for the announcement and you'll understand why..... it's probably not what you think it's not a big deal to anyone outside of ionomy it's more a work in progress

  I will give you an example, if at your whale meeting you are told the beta of the game is coming out next week, but the public hasn't been told and you buy or sell any ION, you are insider trading

Using your example, I agree but what if you were buying ION on a regular basis to save up for a masternode and you had this information would that still be insider trading if you bought more when your intent is unchanged ?......

Bottomline irrelevant of whether it's legal or illegal insider trading is just wrong Ultimately all it does is line an individual's pockets with money to the detriment of everyone else.... different story for other coins as many exist to support that kind of dog eat dog business model