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How is their website shady?
BUT more important, it's a fucking website not a program i'm running on my computer so there's no real risk
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I'm really surprised at someone who claims to be smart and know about coding, enough to talk down at me, yet considers an 'investment' in a website to be ok.
It's like saying I'm invested in the Google website while running a Litecoin client. There is no difference as far as I can tell from the PureVidz web site and some yet to be released client.
You're PureVidz 'investment' asset can be taken off line at any second. What are you left with? A bunch of coins, for what purpose?
You are also relying on the 'devs' sharing ad revenues with you to give your 'investment' value. What's to stop him keeping 100% of the money?
While we're on that subject, you should ask yourself why the 'dev' doesn't seem to know very much about TV Addons.
Websites that compete with your 'investment' are suffering because TV Addons scrapes streaming content from websites like PureVidz, removes any ads and makes the streams available to anyone for free. And you're left with a high bandwidth server cost and nothing else. Giving the dev an even greater reason to pump and fuck off.
I don't think you are burying your head in the sand, especially the
20% premine, I think you're either in on what's about to happen to investors or you don't mind the devs giving you and the rest of the dumb investors a right royal shafting when it suits him:
Next.....
if their intent was to just take the BTC and fuck off with it what would be the point in setting goals that need to be reached before the escrows release the funding? that sounds like the worst scam in history
any other coin that i've seen that uses escrows simply launches the main net and says thanks for the bitcoin and the escrows essentially amount to being fuck all useful for anything look at Waves for a example... it's a bit ridiculous that they get access to that entire sum of bitcoin just for launching a network, even scam projects can at least do that much
given their transparency about how the funds are being released if the 20% premine bothers you so much, why not make it a concern of yours to ask them to have the escrows hold it? or to have them hold it on a public address? or something that ensures them not dumping it on the market
while kodi/tvaddons and pure vidz might be similar they work entirely differently, this project at the end of the day is re-inventing the wheel for torrents while stripping out what makes torrents actually worth while using
but again, lets keep talking about pure vidz and my other investments rather than tackle the issues about this project i've presented
because hey, the dev developed a SUPER SECRET otp implementation and has been around for 2 years and therefore is trust worthy to not stick something malicious in his closed source program! xD
Please stop posting here, I wish you all the best with purevidz.