The problem with MTR is that the people that believe in the project and product and that actually care are the people that bought un the initial ICO and increased their holdings over a period of 1.5 years at high prices. The recent dunp was a backstab to those loyal supporters. Talk of doing it to help those investors average down is nonsense. Those people would be the ones that believed in higher prices and long term views and would not have expected a premine dump. If the intention was to help the early investors to average down then there had to be a market warning before the dump so that those investors could place their orders.
The only thing that the dump achieved was to destroy MTR's value and to allienate the early investors and the people that cared.
The only thing that the dump achieved was to destroy MTR's value and to allienate the early investors and the people that cared.
I agree with this entirely. Up until the dump I was able to see logic behind a lot of the moves and some reasons behind delays and ongoing work. No matter how you try to explain it away Mastertrader, that dump was poorly executed and an insult to anyone who had been on board with your vision from the start. You seem somewhat business savvy, however you are missing the simplest concept in all of business: Intention doesn't matter, the perception of the customer/investor is law (especially in a startup scenario).
You fed the trolls who were actually running out of material and that turns new investors away and taints all of Toshidesk. You are building a financial platform, there is no room to abuse the trust of those who have supported you since you started, there is no room for lies, deceit or ANY lack of transparency if you desire to succeed. All of your reasons for dumping have some reason to them, but the method you chose to do it does not.
Did you apologize for it and acknowledge it could have been handled better? Not once. Instead you go on and on about how you've been bearing all the costs and doing all the work and had to recover some funds, and needed to dump the premine to get onto exchanges and get new partners interested. I'm sure that pissing off your base of supporters is really going to entice those investors something fierce and dumping on the market when you had said for so long you wouldn't do that is definitely going to make people trust you.
Now, instead of Toshidesk, you're starting a clothing business... You don't like traditional advertising fine, but this is the most ass-backwards way of generating publicity I've ever heard pitched and I've heard some doozies in my time. If you do start selling, someone else will undercut you and take your business, there is zero chance you'll corner the apparel market and keep it. You can have higher quality shirts and inks all you want, when someone is ordering online they can't directly compare and I can't think of anyone who would be ordering an ETH shirt or hoodie thinking "I sure hope this is the best quality fabric and ink because I want to wear this forever". Free Toshidesk T-shirt with 1 year membership purchase, SURE! Sell those T-Shirts for MTR only? SURE! There are a million ways this T-shirt lead could have been integrated into your existing efforts instead of whatever tangent you decided to take it on.
You have the funds from dumping the premine now, how about you focus on Toshidesk and get it done before all this other jazz? You can claim to be able to multitask all you want, truth of the matter is all this junk is distracting from the real end-game. You needed money? You got it.
My biggest suspicion is that you're just a startup guy. Meaning you can get things started and deal with the chaos, but when it comes to actually taking things to production or setting them up for long-term success, that just isn't your bag. That's fine, startup vs. ongoing business are pretty different skillsets, but recognize your weaknesses and find someone who isn't as all over the place to make your Toshidesk dream a reality because right now, you're crapping all over it yourself like a pro.
So at this point, I'm torn. I still see potential and you've done a lot of good things, but right now, you've treated me (and your other existing investors/MTR holders) like shit. If you're going to treat people like shit, there'd better be a payoff to make up for it and one hell of a good reason not "I did it because I paid for everything to start and I wanted to and it's all mine so I do what I want when I want to".
I felt like there was a potential to invest much more seriously with you at one point, but I like to sit and watch first. It looks like you have ZERO respect for your investors (here comes the line from Mastertrader:oh, they weren't really investors, just looking to profit, blah blah blah, you set that up buddy, everything was under your control and if people bought and sat on MTR it is because you DIDN'T GIVE THEM ANYWHERE TO SPEND IT). Sorry bud, I was, and continue to be a "real investor" as do all who hold MTR, you just turned out not to be a "real opportunity to invest in".
That's it for me, unless things change drastically even following along this thread is a waste of my time. My investment in MTR was always considered a long-shot write-off fortunately, because I am a savvy investor and you were a significant potential risk (now confirmed). Congratulations, you turned a supported and potential active investor into just what you wanted us to be, people who are just sitting on MTR waiting for a profit and really don't care about the project.
You should consider yourself lucky you don't have any real investors and just sold MTR, because real investors would make you gone REAL fast right now and put someone in place who doesn't keep crapping on their shoes.
Good luck!
Thanks for you're input.
I appreciate the things you've said, and have taken your comments into focus.
Some of what you say I agree with, while some other things not so much.
I'm trying to keep things moving in the space.
ToshiDesk we continue to develop daily, so I don't see your major issue here.
I could see if I wasn't developing ToshiDesk, and posting updates here weekly.
My plan was to do more than ToshiDesk from the jump and import other sources of revenue into the mix.
CryptosCloset will be successful and its success will rain on ToshiDesk and we can only grow.
Yes, starting something and running something are two different skillsets.
Starting it I have done well. Running it I haven't gotten the true chance of yet. Been running it for the last 2 years, keeping development the number 1 priority and fronting the cost of it from the start.
So the fact that I haven't given up must stand for something, and I know I can "run it" when the time comes.
Don't kid yourself.
We are still in BETA, and we are STILL developing.
I'm keeping it moving while trying to build the brand on the side.
I wont just sit here and do nothing, while I'm staring at other opportunities worth pursuing... that can benefit ToshiDesk long term.
Cheers,
MasterTrader777
