Topic: [ANN]🔵🔵 OYSTER 🔵🔵 Anonymous Storage Generates Revenue for Websites - page 8. (Read 73386 times)

Are we going to get a second airdrop or is our SHL a wasted investment?

  The one thing we know for a fact is they created an eth token, which anyone of us can easily create and added 27 million tokens to the total supply with no real reason given for 7 million. There is no real technical implementation published from the team, there is a few insignificant github post to maintain the facade and an idea backed with eth token.

  As it currently stands, the one individual that might have the technical ability to materialize those ideas, have supposedly dumped and left. So the only real thing we have to talk about, is the the exit scam and the ridiculous amount of extra token that was added to the total supply. There is literally nothing else tangible for us to talk about.

You are absolutely right since crypto is in its early stage there will be many misunderstandings, scams, people will loose money being deceived or selling under panicked market's moves, they will loose keys, projects will fail to deliver. Being early adopter if the project you are holding tokens of get succeeded will change your rest of life else you are exposed to big risks more than later comers as well. OPQ is being traded without problem and they want to complete the project anyway.

Crypto is still in the early days and as more people come in over the long term, the few headlines of an oyster exit scam can be influenced without reading a lot of details.

  Hey dray, if the doublespent scenario is the case, then sure i get it (like i said, am been forced to go really long and in the rare scenario this actually becomes a major player, most of the admin are us based, so we heading to court, am not one to ever forget, they can make their case)  But the current reality is the snapshot was taken a few hrs after their co workers decided to dump on everyone and those of us with buy orders on dex that didn't see their medium/blockfolio post are meant to pay for the mistake of on of their co-workers.

  Also, we need to stay on that 27 extra million tokens, you have been around this space for awhile, so how much sense does it make that they would need 7 extra million tokens for grant/reserve, when 20 million is already reserved for salary, it makes absolutely no sense at all. Especially when bruno had indicated that this guys intended to dump and he beat em to it. So it seem like they weren't keep an eye on their co-worker, he fucks all the investors and they reward themselves with 7 million to circumvent any loss they might have taken.


 As for my decision to move the discussion here, they made that choice for me by banning me from telegram, not because i was rude or insulting, but because an admin i spoke with felt that i placed pressure on him by trying to verify the info he gave me in pm with the other admins. I also tried to pm bill cordes and received no reply, so i had no choice but to move the conversation to a public forum where info cannot be censored

 So, my quips are meant to keep the discussion open for new naive investor who might be interested in project. We currently have an admin group that one of them fucked up and his co-workers can't even identify who the culprit is, so its quite possible that it could be one of the guys crying wolf. Then the aforementioned bad apple states that he acted to beat out his co-workers who intended to do the same thing and this co-workers  generated 27 extra million tokens and provided no real reason for 7 million. The whole thing seem fishy as fuck, cos some of us with buy orders on dex are left fucked (due to actions from one of their co-workers) while they created 7 million extra tokens for themselves.

@Islapdonkey, I am not sure you understand what they are trying to tell.

Lets see how this swap was done. I am not 100% sure, but if I understand correctly, it was done the following way:
 - developers generated the new tokens;
 - the number of those tokens is equal to the number of PRL, that existed at the time of when the announced "snapshot" ETH block 6607247 was generated; plus 27M tokens, but lets forget about them for a moment;
 - then they made a list of all the ETH addresses which had PRL tokens at the block 6607247, then manually (or automatically - not sure) sent appropriate number of OPQ tokens to those addresses

If the swap was indeed done that way, it means the person who sold you the PRL on the EtherDelta, has received "your" OPQ tokens instead of you. Those tokens are not at the possession of the developers anymore, but are at the possession of that guy. Basically he kinda "doublespent" them, if we use the term more generally.

That's all the guys above are trying to tell.

Still, I believe it would be correct if Bill Cordes and the team reimburse you in some way using the extra minted tokens, but this is up to their good will, of course. This swap was not handled the very best way (I believe so, but this is not the place to go into deep details), so they could make something to iron things out. But even if we don't try to find who is right and who is wrong, an unhappy investor like you spoils the atmosphere around the project, so it would be beneficial for the project to make him happy, even if it means spending some coins out of their own pockets.

But... I don't think us discussing this here, will help you to convince devs. Not sure if they are looking here at all.

  SMFH the ignorance or feign of ignorance been displayed is quite amazing. There is an originally total supply of prl and when a new contract was elicted, that total amount was emitted plus an extra 27 million tokens was added to generate the total amount of opq tokens. So whether you had your token on kucoin, mew, topia, or whatever other eth wallet/dex, the same exact amount of opq was elicited to replace those prl token, thus the new total amount, representing the original prl total amount plus the added 27 million tokens.

  So every prl token in existence had the same amount of opq generated. Thus every coin including those that were present prior to the snapshot and post the snapshot all add up to create that initial prl token amount (you do realize that this snapshot didn't entail a broken chain or anything, this is just an eth token, every tokens were still active just as it were prior to the snapshot) So those coin that were rejected had comparable opq emitted to supplement it, just like your prl token that you had prior to snapshot had the same amount of comparable token created to supplement it.

  So getting mad at me for stating the obvious is silly, cos am not making unfounded statements. This guys actually still have those tokens reserved for the rejected tokens in their process plus they have 27 million more without any clear direction on what 7 million will be utilized for, but i guess that fine to some of you cos after all they are the admin, they know best, just like bruno was the admin. Quite funny/sad that u will get mad about me clearly stating fact but won't challenge the admin to explain why they need 5 million for grant and 2 million on reserve, if 20 million has already been allocated to salary

 As for the other comment about me purchasing my tokens from a risky exchange, i don't even know what to say, When you have an individual that claims to be a crypto enthusiast and they dare proclaim that a dex is risky compared to a centralized exchange. Definitely have a really long way to go with some of this quote or quote investors. SMFH.

 As for my constant quips, its meant for a new naive investor to make sure they have all the picture before investing, am not really worried about my investment cos in the rare scenario, where opq actually survives and become a major player in the ecosystem, i will receive what am due. Cos most of the admin  is based in US and the silly quip about taking a snapshot a few hours after there co worker dumped and creating a medium post/blockfolio post won't fly in any US court, especially when i can easily prove that i bought legitimate tokens from a legitimate exchange. So in away they forcing me to go really long but while we wait, the shady aspects of their character need to stay on the forefront.

True. Although I feel sympathy for Islapdonkey's wasted ETH, he should refrain from saying untrue statements. Devs didn't keep the tokens, just someone else got them instead of Islapdonkey. Someone who kept PRL at the time of snapshot. Also he should refrain from using rude words and spamming here, he must have realized it won't help. He is just depreciating tokens that he and other investors still own.

Someone did receive Opacity tokens for those legit Pearl tokens (emphasis on legit).  It just wasn’t you because you bought tokens after the snapshot on a risky exchange.  The extra tokens generated were never intended to people for transactions after the snapshot. 

 I have spoken to admin on telegram and they are adamant that they won't swap those token, and apart from the extra minted tokens, they also still have those token allocated that was emitted to replace those tokens they rejecting in their possession.

 As for the prior account that keeps talking about lower than market value, there really is no set market value when it comes to investing, we have witness false sell off in eth several times where buy order that are set way below the current price, shit tesla sharply dropped when there was indication that musk have have issues with the authorities, so this is not a retail business with a set value. By the way, what will you say is the market value of bitcoin, cos two weeks ago it was hovering at $6500, and currently trading at $3700

 So i will keep repeating that in other to encourage wider adoption of this products, bs like this needs to be addressed and rectified. Resulting to the old adage of it been the way thing are/staying docile least your little investment be negatively impacted is doing us no favor in the long run.

 I will keep repeating that they still have the token that was emitted to replace those rejected tokens, plus 27 million extra tokens of which 7 million has no real use allocated to it.

I have not looked into telegram's discussion for few good days so have no idea what is the topic there. But as you have pointed out at extra minted tokens then you should take care of buyers. These are few setbacks of these cryptomarkets as you can not store them for long term. You must keep active else there is big risk of loosing them. I hope this issue should be settled down in good way then things to move ahead.

Sure you can do what you like, but I don't see the point of having an open buy order while doing this. And having it way below market price is really bad, you will only get filled if the price crushes and you don't have a clue why.
If you come back from your off-time you obviously have to get informed what is going on before placing a buy order.

  So, a crypto investor is not afforded a life, fuck a vacation, family/work emergencies. Shit even fuck living without your phone constantly by your side. How dare you go hiking for a few days without data service when you should be glued to your device constantly monitoring for new info. How much sense will this make, if you didn't own a couple of opq that you blindly trying to protect.

 I will repeat it again, this are legit prl token (emphasis on legit) prl token purchased on a legit exchange and i will repeat it again that they actually still have those opq tokens that were emitted to replace those rejected prl tokens in their possession. Also there is 27 million new tokens with no real disclosure for the use of 7 million tokens but somehow am at fault cos you own a couple of opq that you scared might be negatively impacted SMFH

 I will repeat that its this set of thinking where the dev is held above mistake/con is one of the main problem in this ecosystem. Most are willing to be docile/ accept unacceptable behaviors/clear sham least their investment is negatively impacted. And till we get out of that sheep mentality, a wider adoption of this products will always be undermined. Imagine telling some 60-70yr old investor with a business, family and real life situations that he should be constantly monitoring his phone for news WTF!!!! If you really care for a wider adoption of this projects rather than the constant negative label from baby boomers and cautious institutional investors then BS like this needs to be addressed by the mass and curtailed. Feigning ignorance to protect your little investment is not doing us any favor in the long run.

Again, I will repeat that they still have those opq tokens that were emitted to replace those rejected prl tokens in their possession and they have 27 millions extra tokens with no real allocation for 7 million tokens. Bruno only dumped 3 millions

If you put a long term buy order way below current markteprice on a dex without monitoring any news for the coin you are basically just asking for trouble. When you do this, you should at least use notifications from an app like blockfolio to get informed when the price drops sharply and then act accordingly.

The team on the other hand has not much interest to grant transfers after kucoin halts trading. The volume was prettty low anyway  and  most investors were aware of the fact that they wouldn't get the new tokens. I think it makes much more sense to blame Bruno and yourself for your misfortune, not the team ,which tried to make the best of a pretty miserable situation.
  

 So its the investors fault for having buy orders on dex? Lets even say they didn't have buy orders on dex but bought it after the snapshot cos they were unaware of a post that was made on medium/blockfolio, so is it their fault for buying a legit prl token from a legal exchange? This is not swapped tokens, or some kinda fake token but real legit prl tokens (keep in mind the new contract not only distributed the originally prl amount, but 27 million tokens was added to the prior max amount, so its not like allocation for those tokens weren't included in the new contract) So they actually still have those opq tokens that were emitted to replace those rejected prl tokens in their possession.

 I guess the admins are also well within their right to create 27 million tokens with no real allocation for 7 million but refuse to swap legit (emphasis on legit) prl token? Its like the new incoming tesla CEO deciding to null all stocks that was bought post the musk incriminating tweet cos its not a true reflection of the current state of the company, then transferring the value of those stocks to the internal employees. Its quite literally aligned to that scenario.  

 We really need to get out of this current mindset, and start holding this guys accountable rather than defaulting to the common that's just the way it is concept. The same guys with rumor that they had planned to dump, currently have 27 million coins at their disposable and didn't even make an effort to disclose the real use for 7 million tokens, and all is docile, least their current investment in opq is further negatively impacted. That set of thinking is one of the main problem in this sphere and till we get of that sheep mentality, a wider adoption of this products will always be undermined.

Whenever such situation appeared in past we saw same thing in few projects in past where people tried to benefit of the dumping and became victim of that short trading period. I don't know how this part will be solved here but in other projects those tried to catch falling knives just got hurt their hands. When you see unusual activity in market first make sure of the facts why all that is happening next time.

  I personally don't see a problem with me politely disclosing on the public thread that MrRedPanda is insisting that all token that was purchased post the snapshot will not be swapped and ccing the other admins to verify that this was the generalized agreement. It would have been different if my post were rude/insulting to MrRedPanda, but i was quite polite. I just relayed the info he gave me in pm to verify what am been told, that my 8 ETH investment is nullified due to negative action that wasn't my fault.

  As for me comparing how much that was stolen by bruno to the mint, it quite relevant cos bruno did state that this guys intended to dump this token and he beat them to it. Even if he was lying, as it currently stands, there is 7 million tokens out of that 27 newly minted token with no real use attributed to it, thus my bewilderment on why they refuse to swap real legit (emphasis on legit) prl tokens that were bought before the swap.

  20 million for salary, 5 million for grant (not sure why they need this if allocation has been made for salaries) and 2 million on reserve (again not sure why this is needed if 20 million has already been allocated to salary) So, we basically have 7 million with no real allocation and they can't swap legit tokens that were purchased by investors before the swap. In any other sector but crypto, this will be highly illegal. So, my comparison has nothing to do with the integrity of PRL smart contract, it was wise to swap to a different contract. However, the issue is that 27 million extra coins were created with no real allocation for 7 million. So, it seems like they just padded their pockets to circumvent the loss they might have taken from bruno while leaving their investors out to dry.

 Again, bruno did state that this guys intended to dump, but he beat em to the punch, and bruno only dumped 3 million tokens, this guys currently have 27 million tokens at their disposable. I would have faith in their intentions/statement about burning coins if they were honorable and did right for all their investors. But off the gate, they created a loophole to fuck several investors and pocket 7 million for themselves. So, bullshit like this need to be weeded out from the ecosystem cos its part of the problem.

Maybe you really deserved to get your tokens, but you should be aware of keeping yourself in mantinels of politeness.
I mean, disclosing private conversation on public without consent of all participants is disrespectful to other participants (Bruno was different case, he had already shown his disrespect of them by betraying then).

Also comparing the number of tokens stole by Bruno with what they minted is irrelevant.
Even if Bruno did steal only 300 PRL tokens, it would destrpy credibility of all PRL tokens because smart contract was not trustful anymore.

I also don't like 30% increase of total supply, but if it is necessary for the project to survive... It is definitely better then abandoning it and make the whole project worthless.
Also they stated that they burn additional tokens if market price climbs back.

  Yes i did get in contact with the developers on telegram. I had a long conversation on pm with one of the admin (MrRedPanda) and he continuously stated that its wasn't their fault, so they can't do anything about it. I gave him my address/transaction id of sending my tokens from delta to mew to verify transaction date (which personally, i didn't even think should be an issue cos the swap had yet to occurs, thus all prl coin in existence was legit, and thereby should qualify to be swapped)

 I kept trying to make a point that the buy order on delta had been present for awhile and its also not our fault that it was filled post the disruption of trading on the centralized exchange/ also trying to get him to understand that every prl currently in existence is legit since a swap is yet to occur and bruno already dumped his tokens. So it made no sense to create 27 extra million tokens and refuse to swap those that were bought after a snapshot that happened few hrs after one of their co-workers dumped on everyone. He replied that they released a message on medium/blockfolio  stating that ppl should cease trading so i should have known to take down the buy order.

 I explained that i and several others work long hrs/have families and we can't dedicate every living minute to monitor post and also stated that they created extra funds with more than enough to make everyone whole, so i was still puzzled on why they refuse to swap legit prl tokens that were bought before the swap, he stated that the fund were for internal use and they can't just distribute it to everyone that fills entitled. He suggested that i should contact bruno to get my money back because there is nothing they could do for me.

 I again explained that this are legit tokens that were bought before the swap, so it wasn't like i bought tokens that were already swapped and trying to swap it again, so i am still confused on why they can't swap this tokens. He replied that there is nothing else he can do for me and any token bought post the snap shot will not be swapped.

 Then weirdly he stated that this is not a direct swap but rather a fork, and if it was a direct swap then maybe they could do it, but since this is a fork, there is nothing they could do about it. I replied that i didn't know you could fork ERC tokens and asked him to provide a better explanation on why we are left to dry when they have created 27 extra million coins, he replied that he has answered all my questions and there was nothing else he could do for me.

 So i went back on the main public thread, cc bill cordes the ceo, and disclosed my conversation with this aforementioned admin on pm. I did it to make sure this wasn't the opinion of one admin but rather a shared stance among them. The admin that i had a conversation with, immediately banned me and sent me a pm stating that i was banned because i tried to make him feel guilty/pressured by disclosing the content of our conversation in public.

 I should also state that i sent bill cordes a pm before engaging this admin and he never replied. By the way, still have a copy of the entire pm conversation with MrRedPanda.

CMC now needs at least two active exchanges to list a coin.