We've repeatedly stated here and on reddit/twitter that the project with bryce and blocktech is just a partenership where we give them use of our blockchain and nothing more it was also specifically stated not to confuse myr with blocktech on our official twitter we can only do so much distancing without looking like we're purposely running away from blocktech. Also there is no hard evidence that bryce has ever done anything dishonest or otherwise imoral in crypto and until that is shown without doubt there is no need for a discussion such as this one. You've sold half your myr, sorry to hear that it was a poor decision and if some tweeting did that then you need to rethink your investment strategies.
EDIT: and btw I'm not bashing on primer- for how he's talking I'm bashing on him because all he's done is declare this coin dead and the team a fail from the day we said no cpuonly algo, I suspect he's trying to fud so he can profit more but he's to damn stupid to do it right.
Later.
My decision wasn't based just on some tweets. It's how the overall picture is developing. My strategy is based on limiting risk. I sold half at a price that leaves me 1.25mil at an average buy-in price of 168 satoshis which is what I'm willing to risk at this point w/ my present uncertainty regarding Bryce/blocktech. If I didn't believe in Myriad as a whole I would have sold all of them and would have been happy to have a nice profit.
You're correct in that there's no hard evidence that there has ever been any sort of wrongdoing but I disagree in regards to there being no need to have this kind of discussion now. Having that discussion after there's evidence (especially if the evidence involves myriad in some way) could be too late. If Myriad gets labeled a scam coin because of blocktech it will be a hard label to shake off. While there's no evidence in anyway that I've found to support the negative chatter I've encountered, there's also no track record of accomplishment that could give me some confidence that the chatter has no basis. It's not like this is Andreas Antonopoulos announcing the prototyping of hardware wallets. If you do any digging there's not much out there on blocktech. I've found one paper written by Kirill Gourov that is full of cherry-picked data and a couple linked-in pages.
The biggest issue as I see it is that people are (unfairly) associating Bryce w/ Myriad -- that is what the public perception seems to be whether that's the reality of it or not. I hope blocktech is for real. It would be awesome to have hardware wallets, etc. But w/ all this talk and how announcements, etc have been dealt w/ I'm going to tread cautiously until I see something concrete that shows me blocktech is legit.
It's what makes a market. People selling. People buying. I'm glad you're still invested in MYR... I'm still adding to my MYR holdings. I've converted all of my
BTC to MYR (there's some fractions here and there, but that's all).
Here's a rhetorical question:
Does a crypto-currency have to be "perfect" in order for it to succeed?I wasn't invested in crypto when bitcoin was mostly associated with illicit products. I wish I was and had invested in it.
In the end (well it's not the end, yet); technology and the soundness of the concept prevailed. Myriad coin could be an evolution of the crypto-currency. It's got the momentum and network effect of mass adoption. There may be cryptos with multi-algo's out there, but who's the biggest?
Coblee tweeting about Myriadcoin is a big deal. You don't think so?
I know someone who bought Apple stock when it was $12/share (before 3 splits) and sold it when it doubled. Just like you, he was very happy with his profits. Apple was not perfect back then. It had problems...
I'm buying more MYR and hope to hold for a while.
