Topic: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★ - page 96. (Read 825869 times)

+1
censorship is against what each and every one in cypto believes. No reason for censored thread.
Trolls will always be, and users can answer, ignore, or press the 'ignore automatically' button.
Community members should feel free to talk bout WHATEVER they wish, may it be price, ideas, dissatisfaction, trading, mining, whatever.


-1
If you're an investor in via you should come to terms that you are taking a BIG risk, and MOST LIKELY you will lose all your investment. If you can't handle such loss, dump all or at least what you can't afford to lose. Now that you are indifferent to the VIA price, anything can happen- worst: VIA becomes a worthless zombie coin; best- smart contracts and Turing complete scripts are imported from Ethereum, treechains are tested, people build apps on VIA/CH... who knows.


+1
Most coders I've met in my life tend to underestimate the importance of communications and why lack of it creates tension or distrust. Drak certainly experienced a cold shower, but imho don't expect him to become open and communicative just because of this experience. It is our job to ask, address him, and engage him to answer. If it's only up to him, then imho by nature, a coder remains a coder... [no offence Drak- you are an excellent coder but community/communication might not be your "thing"   ]


-1
I see viacoin as a technology experiment, and a lottery investment. The experiment can succeed technologically but fail investment wise, or vice versa, or both, or neither. At these prices, at half these prices, or any other price- still no-one can provide not even an educated guess about the future, neither Drak, nor Peter Todd, nor masternode, or anyone else. That is why it's important to stick to a position you can afford to lose, write it off in your mind, and then join the community to help build/promote something. Bitcoin was written-off by so many people, so many times...  apparently, any coin was written-off at this time or another, including litecoin, darkcoin, NXT, etc. etc..


-1
adoption is an illusive term. Adoption by whom?
users? honestly, why should users convert to using viacoin when they have bitcoin...
merchants? why would they use viacoin when they have bitcoin, and even that is hardly used...
imho, adoption has different stages, with each stage tapping to a different adoption vector.  
Right now, viacoin is simply no match for bitcoin as a currency [bitcoin is more accepted, recognized, traded, distributed, wallets, merchants, etc].
Adoption of CH as a decentralized market will also fail because it is based on a narrowly distributed coin [Viacoin] and can not compete with centralized exchanges in speed, volume, range of coins, etc.

I believe Viacoin's adoption right now should be 'app-developer adoption', i.e. convincing app developers to build their apps on CH.
Any app will do- a game, a discount token, an art-authentication app.... anything

We can do this in one of two ways I can think of-
1) community members rout connections to potential app builders and start-ups to Drak's direction and nag until the parties communicate.
2) community decides on an app project, and instead of throwing money on useless PR/ branding, we finance the first app and release it as an open-source proof-of-concept that can later be the base to drive more devs to build apps on VIA/CH.

We missed getgems, but i know there are other potential app-builders waiting on the fence...
They need some persuading to do, and with community members' connections + Drak's hands-on involvement, we might just succeed in flipping some of them our way instead of going to Ethereum, NXT, Bitshares, Mastercoin, etc.

Drak censoring the thread is a bit silly imho,

If you're an investor in via it should be because you believe its technological direction to be superior to bitcoin and win out in the long run.

The silence has been deafening these past few months and Drak did f**k up in that respect

If you aren't looking at the current price of viacoin as an amazing opportunity right now then...

Many people here (me included) thinks that VIA needs more adoption

If you're an investor in via it should be because you believe its technological direction to be superior to bitcoin and win out in the long run.

Well.. masternode's plan is (maybe) good for big holders. But smaller players can still operate on the market. Personally I want this project to go on.

What is more - I don' t think "the community", whatever it is, owns the presale funds. This is neither communism not a corporation. The funds were intended for the development (and promotion) of the coin. The money is gone forever. What you have is the coin. And the dev.  

The coin is not dead. Masternode tried to fud here a bit to scare people. But his position is understandable.

Of course the threat of masternode/otoh potential future dump is unpleasant. They can do this slowly.  They can manipulate the price at will.  Are there OTC buyers interested in their share? This seems unlikely. It would be better to have many smaller buyers, of course

Treechain's is Peter's research project for blockchain scalability using a kind of sharding method. There is no update on this although he mentioned it again recently at the MITBITCOIN2015 talk. He has always said the idea is very experimental, complex and he's not even sure if it will work or come to fruition. Something he says a lot is "consensus systems are hard" and that there is a lot to consider with any proposal, including how something might get broken or exploited.

Interesting that Drak says these things as much of it is simply not true.  I have a strong reputation in crypto that speaks for itself.  But I should clarify a few things, as I don't mind being totally open about my work:

I have never actively traded VIA for day trade profits nor has Otoh.  We typically accumulate large positions very early and help nurture the projects, a lot like what we have done with Darkcoin.  Yes there are times we sell, but it's not done on a daily basis, or even a weekly basis for that matter.  Also, I want to be very clear, I've never released any priveledged information to Drak about other projects, and if he believes so I welcome him to share it here as I'm that confident he won't be able to give me an example.  

"Alarm bells began to ring for me when he started sharing privileged information with me about other projects his associates were involved in. I became concerned he might actually be using his position with viacoin to his advantage and leaking to his group."
 
Yes, Drak was telling me priveledged information that could be advantageous.  And like I said in many previous posts, we were already the largest holders of VIA and XCH and we haven't sold our VIA position.  And to say there were alarm bells at this point or prior is interesting and I'll point out why.  Drak had shared with me that Patrick Byrne was interested in VIA and that they wanted him to fly out to the states in February.  Drak had contacted me because he knew I represent some of the largest holders, and wanted to see if we could secure a block of coins for Patrick.  I told him I could ask Otoh but I was not willing to sell any, in fact I told him I was interested in purchasing more (quite the opposite of what he claims of him feeling I was looking for a way out).  Also, one extremely important point here: If there were really red flags prior to this, wouldn't Drak have just told me he has found a large interested buyer and not disclose names?  Drak had informed me that he didn't mind me accumulating more just not to run up the price.  Drak even advised me on the trade saying if anything to place bids just below the market.  I debated including this info, but I figure at this point it's best to disclose everything.  Eventually he become extremely upset when I informed him that I spoke with my attorney because I had some interest in accumulating a bit more VIA (We wound up acquiring maybe 7 btc more worth over the next 4 weeks at a price of 10-12k satoshi, hardly increasing our already sizable position of millions of coins).  And to be honest I was quite surprised that he expected me not to consult with an attorney regarding anything, especially this as the last thing I wanted to do was put my self in any sort of legal problems.  Fwiw, my attorney had informed me that as long as I was not manupaliting prices, since it's an unregulated market, that it was ok to accumulate more without any legal risk.  Drak was not happy about the fact that I spoke to my attorney regarding this issue (but he was totally fine with my buying) and then decided to stop communicating with me over me obtaining legal consultation.  This was definitely interesting as it seemed extremely irrational, not to mention as a trader wouldn't Drak want to know where legal lines are?  February came and went and Drak had become even more silent on the forums as well as with others that he normally communicates with whom I am close with as well.  I began to wonder what was happening behind the scenes, and began to question if a lot of what he's represented to this point was really as it seemed.  

Prior to this incident I had done everything I could to help Drak push this project forward.  I had brought on the largest base of investors (as a group we still hold over 3M VIA and around 12M XCH), I had converted 200k VIA for XCH even though I was not excited about the surprise second raise, I had introduced Drak to other companies in the crypto space in an effort to get him and his coin support.  However, continuously since the beginning of VIA, I've seen him systematically shut down interest in this project as he has turned it into one of the smallest communities I've seen for a cryptocoin.  Again, my actions in my projects speak for themselves.  I've been active in helping other coins and investments succeed, and Drak has spawned practically zero adoption of VIA.  These are simply facts.  

If Drak thinks I'm trying to kill his coin he is wrong.  The truth is I have lost faith in it, more specifically his ability to create any sort of adoption or community behind it, enough so that I think the best course of path is for him to shut it down and return remaining funds to coin holders.  However I'm open to other possibilities.  

I point out that I do question if he is being totally honest with the community.  Otoh checked out long ago, because he is convinced that Drak is not.  

However, if the community wants to move forward with the project, then so be it.  If that is the case I propose that we have a trusted finance officer put in place to administrate the funds (which is why i've been trying to get an idea of where finances are).  If he is truly as straightfoward as he tries to appear this should be a total non-issue right?  If he is opposed to this, well, then we have to ask ourselves why?

Well.. masternode's plan is (maybe) good for big holders. But smaller players can still operate on the market. Personally I want this project to go on.

What is more - I don' t think "the community", whatever it is, owns the presale funds. This is neither communism not a corporation. The funds were intended for the development (and promotion) of the coin. The money is gone forever. What you have is the coin. And the dev.  

The coin is not dead. Masternode tried to fud here a bit to scare people. But his position is understandable.

Of course the threat of masternode/otoh potential future dump is unpleasant. They can do this slowly.  They can manipulate the price at will.  Are there OTC buyers interested in their share? This seems unlikely. It would be better to have many smaller buyers, of course

.... with the network of Masternode and the Knowledge of BTCDrak, viacoin has a very strong team to make things happen. I hope the trust can be restored between the two of you and I think (I hope) the community thinks the same.

++

No, just NO. Clearly masternode's behavior has been terrible. Threatening and bullying to try and get his way and admitting to using privileged information. viacoin is much better off without him.
He complained that he cant sell the coins,  why dont we just buy them back from him OTC?? that frees everyone........

What I do not understand that you have interest of a huge HUGE player and want to add 70.000 more coins to the millions you already have. These are pennys and why take that risk when you know that you have (I repeat) a potentially huge deal?

Please, lets try and come together here and make things right to eachother. We need eachother to make this coin great. Maybe I am naive, but with the network of Masternode and the Knowledge of BTCDrak, viacoin has a very strong team to make things happen. I hope the trust can be restored between the two of you and I think (I hope) the community thinks the same.

Please, lets try and come together here and make things right to eachother. We need eachother to make this coin great. Maybe I am naive, but with the network of Masternode and the Knowledge of BTCDrak, viacoin has a very strong team to make things happen. I hope the trust can be restored between the two of you and I think (I hope) the community thinks the same.