Topic: [ANN][NIM] - Nimiq - The Browser Based Blockchain - page 54. (Read 131288 times)

You forgot to mention that $90/h is the maximum upon team members. Based on their monthly burn rate ($200k/month) we can estimate that the average of their 20 team member receives at most $10k/month (unlikely, because they also have other expenses then salaries). $10k/month at 40h/week is about $55/h or $120k/year - including benefits (because benefits are part of the burn rate). It makes no sense to use the maximum team member salary and use this for every team member. According to m/2018/10/21/how-much-do-blockchain-engineers-make.html]this article, the average blockchain dev salary is more than $150k/year. So the average dev at Nimiq earns less than the average overall blockchain dev. If all these numbers are true (and I have no reason to assume the opposite beside you claiming so), this means that there is no reason to complain about salaries, as they are in no way extraordinary.

Your link to proof they do not work applies filters, removing those filters will improve the image a lot. Also you don't know what happens behind the scenes. For example the team says they are working on a new consensus protocol and this was also confirmed by a third-party (Reto Trinkler, Forbes 30 under 30). As this research is not public (yet), you can't see it on GitHub. Also other work outside of GitHub is not visible in your link. I am actually way more excited about new stuff and partnerships then about them changing existing code.... Oh: "merging commits of other developers" is called code review. It is one of the most important aspects of developing a secure application and takes quiet some time, so it's not a minor work.

In their recent AMA they confirmed the team members make $90/h and "most people on the team get paid full time of 40 hours per week during the 52 weeks of the year" [1] which is at least $187200 without mentioning benefits.
The Github profiles of the lead developers, Marvin[2] and Philip[3], prove clearly they're barely working 2 days a week on average.

[1] https://www.reddit.com/r/Nimiq/comments/aeld86/team_nimiq_ama/edtfe5p/
[2] https://github.com/mar-v-in?org=nimiq-network&year_list=1
[3] https://github.com/styppo?org=nimiq-network&year_list=1 (mostly minor config changes and merging commits of other developers)

Also Robin Linus the cannabis pothead confirmed that team members were making at least $180,000 a year without benefits. It is definitely they are over spending to cash in all the ICO money

In their recent AMA they confirmed the team members make $90/h and "most people on the team get paid full time of 40 hours per week during the 52 weeks of the year" [1].
The Github profiles of the lead developers, Marvin[2] and Philip[3], prove clearly they're barely working 2 days a week on average.


[1] https://www.reddit.com/r/Nimiq/comments/aeld86/team_nimiq_ama/edtfe5p/
[2] https://github.com/mar-v-in?org=nimiq-network&year_list=1
[3] https://github.com/styppo?org=nimiq-network&year_list=1 (mostly minor config changes and merging commits of other developers)

That is quite some funny sarcasm. On the other hand it would be a shame if he takes the money and earns that much from the money that investors decided to put into this.

You are trying to cover up a multi-million dollar scam. That's why your identity matters.
You tried to trick people into trusting "Norman Alsbander" by using a fake identity which sounds like a real name.

Marvin makes $200000 a year plus benefits

Hey bro! His salary is $100,000 USD for a working day. Didn't you know that Marvin is the best coder in the world making $100,000 a working day ?

attack me for not providing my real identity

The excessive salaries

LOOOOOOL! Finally you admit that "Norman Alsbander" is a fake identity to spread lies.

And with "Facts proved by bitcointalkers" you probably meant "Stories made up by those few FUDers on bitcointalk.
1. Robin announced that he was a drug addict more than half a year ago, but is sober since then. Your accusations only started in January (because you opened the account only then) so basically after or around when he made it public and way after he was already sober. Also it wasn't you to prove it, it was Robin himself announcing it (and to be precise, there is still no proof at all, just his announcement, that he apparently deleted by now).
2. There is no proof of any pending internal struggles over money. The team announced they were willing to give Robin money under certain conditions for independent research and he was not willing to fulfill this conditions.
3. According to latest report in AmA, the burn rate is around $200k/month right now. Even a $250k/month burn rate would not cause financial trouble due to their announced holdings of more than $8 Mio.
4. Team confirmed to run low volume market making bot, no fake volume bot.
5. No price manipulation was ever proven. In fact, "attempts" of proofs done by some FUDers on bitcointalk were easy to debunk and did not prove anything.
6. GPU mining is available. There are no details as to when first GPU miners existed. Nimiq Team never claimed that there are no GPU miners or that they are unlikely or hard to create. Still FUDers on bitcointalk did nothing that contributed to a proof on this topic
7. According to swiss company register, the foundation board consists of multiple non team members and not all team members are in the foundation board. Removing from the team is independent of removing from foundation board.
8. Just recently the partnership with agora trade and presumably a third party in the financial sector was announced to create the first-of-its-kind, non-custodial fiat exchange. See https://twitter.com/agora_trade/status/1090502044165775360
9. Subjective, thus impossible to proof.
10/11. Even though some community projects were closed, others were started at the same time. Most of the community members that created projects they closed now, are still part of the community (ex. Blub, creator Beeppool, now closed, was still actively contributing in the Nimiq Discord these days and provided help with setting up a community seed node. He also still hosts one of the community seed nodes, actively contributing to the network).

TL;DR: Most of the "facts" are just lies, and none of them was proven by FUDers on bitcointalk, but actually only debunked or explained in detail by the team.

Warning: yuluxugi32132, nimiqshitcoin, coinfanatic, andrewjaxx, john.btc, sasha.new, Scamiq, robin.nimiq are sockpuppet accounts, proven liars and FUDers. All of them were only created this year and only for the purpose of spamming this thread (check their profile). They claim substantial losses due to their Nimiq investments, yet fail to provide any proof that they actually invested. Rumors say that they come from another crypto project, assuming they are a direct competitor to Nimiq. Don't expect anything mentioned by them to be true. If you want real insights, check out Nimiq community channels (Discord, Telegram).

You posted hundreds of messages on Telegram and Reddit and all of them tried to justify Nimiq's scammy actions. Regular community members don't act like that. Even nimiq's paid admins engage in regular community conversations.

I couldn't find you on Discord. What is your nickname there? I would be very surprised to see that you enganged in any real conversation.

In most of your posts you tried to justify the excessive salaries: https://www.reddit.com/user/normanalsbander

My total number of posts is 56, not hundreds. You and the other sockpuppets indeed went in the hundreds in total.

You are proving my point with your shady excuses. You created your account only a couple days before the drama became public...



Another shady excuse. In most of your posts you tried to justify the excessive salaries: https://www.reddit.com/user/normanalsbander