Hi Community,
I have to be honest with you guys. I was not immediately happy with the white paper. After a brief skim I put up the 500k sell wall on Mintpal @ 3400 sat. I had asked to review the paper ahead of time but was not afforded the opportunity. I would have suggested a delay to polish it up.
After getting over being slightly annoyed at not getting to review the document ahead of time I gave the document another review.
It is painfully obvious that writing white papers is not the devs strong suit. Why would you quote wikipedia as a reference ever?
That aside what make me take down the sell wall is that I do believe that the dev has vision. I don't think expression of that vision is his strong suit, but I did see and share the vision from the first posts I read.
If the team can deliver on this paper Silk Coin will be worth more than bitcoin. If they can't the coin will be worthless.
I am going to hold... I think they have a shot at this.
This may sound harsh, but I am just giving it straight as I see it.
Judge Crypto
If you are being honest then I am going to also.
I have lost a lot of respect for you after this post of yours.
To me you were a key community player someone people looked up to and took advice from. Now you have come off as a spoiled kid who didn't get what they wanted so he is gathering up all his stuff and going home.
Ok you didn't get to review the paper, so what? What afforded you the right to even have an expectation to read it ahead of time? You have lots of coins, I don't think that means anything. Unless you are officially part of the team getting access to that info gives you an unfair trading advantage.
Your post came off to me as whining and threatening. "I didn't get what I wanted, so I am going to sell all my coins cheap cause I am mad"
You obviously were concerned about the value of your coins and you seem like an intelligent investor so you would know that putting up a 500k sell wall would only be worse for you. You would have been better served to quietly sell off in chunks and fade off into the distance but instead you had to throw a coin tantrum.
The damage is done, you just gave the FUDers a tanker load of fuel to throw on their fire. Well done.
Frustrated,
Chris
Nice post, I 100% agree. To be honest, I have more Silk coins than Judge Crypto, but I wouldn't dare to ask the devs to see a white paper prior then anyone else. Even the idea makes me vomit.