Topic: [ANN][VTR] vTorrent - Share with freedom | 2FA | HD | @Bittrex - page 23. (Read 436207 times)

That's a much more reasonable position compared to an online petition declaring the project dead, and much more likely to have your intended result one way or another.

Mainly because you accused me of it and didn't really ask. And yes, I have sold a fair amount not only recently but over quite a while. I'm not sure its an important question to ask anyone because it'd be impossible to tell whether they're being honest or not anyway.

The dev still hasn't even replied (he did log in today and then immediately logged out about 30 seconds later) so your guess is as good as mine.

I basically got to the point of seeing how much I had in a project where the dev wasn't around at all and that the risk had outweighed the benefits for me. But then again I also made a considered investment taking place over several years, this was never my only investment in any way at all. I still hold some, but I'm not sure what I'm going to do with this specific project.

BTW, to put into perspective how desperate people have been for answers someone on Slack actually made a script informing the channel when the dev logs in and out.

There is a possibility of finding another developer and continuing this project with the same chain but making the previous dev a distant memory, however, there's nothing set in stone about that just yet. I'll be talking to a few of the people on slack and seeing what we can do.

I'm open to contributing towards a development fund depending on which way we proceed forward which would only be something that can be worked on in the next while. This of course assumes the dev doesn't pop up again and even say a hi or send a PM to anyone.

Yeah, all money going into this project making sure all those others wont succeed

Sold up all or vast majority of VTR (won't confirm he didn't), now here creating fud in order to prepare the groundwork to shill other coins  

Oh, no. I'm really here to protect you all from yourselves.

GTFO already.

Fully agreed. I don't know that I'm specifically that emotionally invested in this project, but I was hoping for something around blockchain/file sharing tech.

Having said that I've also invested in a few other semi-related projects which I'm hoping will deliver this "holy grail"

I can understand all of your points (except one) and I've been trading crypto heavily for 4 years, so I have plenty of market awareness with altcoin projects as this market has allowed me to change my life drastically in those 4 years.

The part I don't get is this claim about time spent. I have less than 1% invested in this coin. As such, a comparable amount of time goes into it. Investing more than you can afford to lose does not only refer to liquid capital it also refers to time, attention, emotion, etc. You are too deep in this my friend, it is painfully obvious. Even if you're up in capital, you're still obviously over-exposed in other ways because you are seemingly very emotionally invested in this coin. The tone of your posts makes that quite clear. You fucked up, you're in too deep one way or another.

The writing has been on the wall for so so many months here. This is a hail mary. This is a long shot. Treat it as such IMO, anything else is asking for trouble and distress like you and Dog find yourselves in. You probably think it's for very different reasons, but really it's the same - you both over-invested in one way or another according to the risk of this project.


To the point about new people not reading threads... fuck em. I don't have sympathy for gamblers who can't be arsed to spend 20 minutes to learn about the game they're wanting to play. I can understand having a vendetta against the VTR dev, though, so if that's your motivation I get it I guess. See my post history regarding SPR's trash dev.

This is one of the main points. There are numerous people over the months who have come into riot and Slack clearly thinking this is a fully formed project and who obviously haven't read the thread in any detail. The OP hasn't really been updated with any sort of clear indication of when things will be released and this shit is like 600 pages long so no one is going to read it.

There have also been several attempts more recently to systematically pump and dump the coin. I'm of the opinion that the market cannot support it at the current price and it would end up collapsing the price far, far lower than it currently is.

The only reason the price ever went above the 1-2k range is that a few people did things like develop a website and work on PR-related stuff. That would've been the best time for the dev to actually step up and communicate more, but he hasn't really done so.

If you've been around long enough and seen enough pump and dumps then you know that without some form of information from the dev this project will end up with prices way, way below what it is right now. With or without me doing or saying anything.

"you obviously invested more than you could've afforded to lose"

This is something that people have said to me like 20 times so far.

You do realize some of the people in this thread have been following the project since when it launched yeah?
The price of bitcoin in that time has risen by about 1000% and the price of the project's currency has risen by about 400-800% or some figure like that.

Do the math.
And no, I didn't keep all my eggs in one basket. I've been following several other projects (including some which are starting to deliver on the same space as VTR)

The biggest investment besides money is time though, and some of us here were (and still are) genuinely interested in a torrent on blockchain concept. Someone on slack described it as "the holy grail" and it pretty much is. It's the most obvious idea since sliced bread which multiple teams and developers have tried to do. There have been scam coins, there have been ICOs, there have been numerous other projects come and gone in the same time this project has been around.

It takes serious time to follow a project properly, and its impossible to follow several dozen projects properly while doing all the proper due diligence.  I spend what people would consider an inordinate amount of time following projects to find out as much information as possible. It's not possible to do this for 6000 projects at once.

The biggest turning point for this point has been the discontinuation of ShadowCoin which this coin used for some core features. Without any clear plan from the dev going forward (this is why zCash was mentioned at some point) then it's very difficult to tell what is going on without any messages.

Some of us invested in cryptocurrency projects because we read about projects and were intrigued by the possibilities of the software. Not just from a money perspective, but from a "future of the internet" perspective. Just keep that in mind.

Good coins, before buying some with spare cash, and now a lot of income it

All hes doing is making your point clearer for inexperienced people? If you only check forum you might see the project is likely to be abondened, but in a lot of cases the dev is active on slack or something, this is just a statement from the guy who started(?) the slack, dev is afk.

I think it's reasonable to ask if the development is still on-going or not. It's not much to ask for.

Could be though that the dev wants to keep the communication level at minimum, since this project is about torrent ecosystem, and torrents alone are quite controversial subject to authorities. This way he/they can preserve some amount of their anonymity,

The dev views this forum pretty much every day. If he wasn't convinced to communicate more with the first 680 complaints about it, what is the point of continually repeating the same request? I agree with the guy who said wtf have you people been doing there have been waves to play on this coin, but you sit and hold those bags and hope and pray and rant and rave, maybe something will change, eh? Just one more pleading request and I'm sure the dev will finally come around and help you out. Lol...

This is a coin you put 1% or less of your bankroll in if you don't have any insider advantage - hell it has never had the volume to even tempt me into doing more than that. If you freeze like a deer in headlights trying to manage losing positions instead of cutting them and changing strategies, just save yourself the heartache and put your money into index funds so you can sleep at night.

You're right, but I think there still should be some level of communication.

I'm just mystified why he thinks the dev is going to adhere to some random dude's timeline. Yes, you're a random dude. I don't care what you've spent supporting the project - to the dev, you're a nobody, just like all of us. How is that not 100% clear by now?

Nothing about this project's prospects has changed in months. It's a huge risk and is dirt cheap. Same it's been for months. Your little tantrum isn't going to change anything lol. Just sell and be done with it, you obviously invested more than you could've afforded to lose, like our boy Doggie did. Learn your lesson, move on if you feel that's what you need to do. The tantrum is ridiculous and you 100% know the dev wasn't going to respond to it, you're just being a drama queen.

What is more worrisome is that the dev is pouring fuel on fire by remaining quiet.

Invest your time and money how you choose.

I'll invest it how I choose.

Lol
Go ahead and do what tf you want, no once gives a shit about where you invest in, whats your problem

Whose fucking deadline? Yours?

Well who the fuck are you telling me or anyone else how to invest their time and money?

You lost all credibility when you didn't respond to my question about selling up.

It's easy to sit in an Ivory tower when you've just used a pump to exit and then hand down judgements on those who believe in the project long-term. For all we know, you're the one who pumped the fuck out of the project.

Dox yourself and you might regain some credibility. I give you a deadline of Monday to dox yourself, or get the fuck out of here.

Agreed. I'm not the priest and you don't have to listen to my gospel, all I'm doing is trying to force an answer on a project in which I've had a significant financial stake. Bear in mind this is the closest anyone is going to come to achieving an answer out of the dev and it isn't something which I especially enjoy doing, but I've sent repeated PMs to the dev that has gone unresponded for quite some time.

This is all I (and presumably) anyone else has left to do, try to force the dev out and to give a status update. If you have a bright idea, then please share it, but if the dev doesn't want to post updates and doesn't want to respond to PMs then I will keep doing what I'm doing.

A fair amount of people in this thread invested (from my understanding) more than a year back meaning they made 5x what they put in (besides the increase in bitcoin itself). Some people got on the pump and dump trains that started more or less during this year. This was always a moon shot project and you should always do your own research and never commit to more than you're willing to lose. Especially with cryptocurrency. And please don't put all your eggs in one basket.

I think the whole witch hunt thing (tracking down who is responsible etc) needs to stop, we are still not at the deadline.

Also keep in mind that this project was mined from the beginning, some of us here did actually mine during the very early days. This was not an ICO. Only something like ~3% was premined and as this was not obviously dumped onto the market during formative days it doesn't matter at all.

There's a lot of speculation that the dev has been sustaining the price and pumping/dumping etc. Please keep in mind that with all projects in cryptocurrency there are people who accumulate huge amounts of projects and then try to manipulate pumps, there are bots constantly active on basically any cryptocurrency and there are sharks in the pool. I'm not saying the dev is a saint or whatever, but all of these things happen with every project.

I don't see how a deadline affects anyone else's investment. People can continue to hold and play pnd even if dev doesn't answer. Living in a fantasy and clinging onto false hope imo though