So this coin is a scam and dead? 
dont be so dramatic
Topic: [ANN][ZEN] ZENCASH: Permanent, Distributed, and Fully Anonymous cryptocurrency - page 35. (Read 243368 times)
June 09, 2017, 12:14:36 AM
dont be so dramatic
June 09, 2017, 12:13:30 AM
So this coin is a scam and dead?
June 08, 2017, 11:58:49 PM
Easy to give that advice when you haven't invested. For those who have invested it makes sense to encourage the market so the price can rise a little. Not much else they can do at the moment (many of them can't sell at all because bittrex locked the wallets). Rather than moan and bitch they better suck it up and cut the devs some slack ... it was really just one person, Movrcx (Joshua Yabut). I've seen much bigger companies go through worse because of a single person and then recovered to a bigger valuation (said person ended up nowhere in the end). It's doable.
After spending some time on slack tonight, I think it will recover. The market is memoryless, which will help.
I was invested but cut my losses at 40% when I realized what was happening after Joshua posted a picture of the sell off to his twitter in a mocking manner.
And it wasn't just Joshua, it was the whole Core team that was trying to defraud its users and not tell the exchanges about the exploit which could have been used to steal ALL of the coins on the network.
Proof: https://pastebin.com/3ZSbQY3h
They were worried that telling the truth would kill the coin. Guess what...
June 08, 2017, 11:46:00 PM
Everyone here praising the team and hoping for a new day, well what can I tell you other than you must really like that wool over your eyes or licking boots. Look, i get it, you're still invested because you had to hold and now you're just praying to god tha the coin goes back up.
Let me spell it out for you: You were just defrauded by this team.
There are plenty of other coins with interesting technology with legitimately decent people running the helm.
Zencash already showed everyone that their users are meaningless to them. I suggest you do the same in return and stop supporting ZEN and ZCL.
Oh and that huge sell off? You can bet that was someone within the project dumping on you and cashing out. That's fraud.
Good luck.
Let me spell it out for you: You were just defrauded by this team.
There are plenty of other coins with interesting technology with legitimately decent people running the helm.
Zencash already showed everyone that their users are meaningless to them. I suggest you do the same in return and stop supporting ZEN and ZCL.
Oh and that huge sell off? You can bet that was someone within the project dumping on you and cashing out. That's fraud.
Good luck.
Easy to give that advice when you haven't invested. For those who have invested it makes sense to encourage the market so the price can rise a little. Not much else they can do at the moment (many of them can't sell at all because bittrex locked the wallets). Rather than moan and bitch they better suck it up and cut the devs some slack ... it was really just one person, Movrcx (Joshua Yabut). I've seen much bigger companies go through worse because of a single person and then recovered to a bigger valuation (said person ended up nowhere in the end). It's doable.
After spending some time on slack tonight, I think it will recover. The market is memoryless, which will help.
June 08, 2017, 11:43:56 PM
Tweet 1.:``The $ZEN development team supports Bitcoin Unlimited's Emergent Consensus proposal and are looking at implementation details.``
Tweet 2.:``I changed my mind about #BIP200... time to end the Bitcoin Civil War.``
Those tweets about bitcoin debate were tweeted 5 hours apart, just a day before announcing leaving Zen and stuff. This Movrcx is just going from one end to the other. Looks like mental problems to me.
June 08, 2017, 10:42:05 PM
Everyone here praising the team and hoping for a new day, well what can I tell you other than you must really like that wool over your eyes or licking boots. Look, i get it, you're still invested because you had to hold and now you're just praying to god tha the coin goes back up.
Let me spell it out for you: You were just defrauded by this team.
There are plenty of other coins with interesting technology with legitimately decent people running the helm.
Zencash already showed everyone that their users are meaningless to them. I suggest you do the same in return and stop supporting ZEN and ZCL.
Oh and that huge sell off? You can bet that was someone within the project dumping on you and cashing out. That's fraud.
Good luck.
Let me spell it out for you: You were just defrauded by this team.
There are plenty of other coins with interesting technology with legitimately decent people running the helm.
Zencash already showed everyone that their users are meaningless to them. I suggest you do the same in return and stop supporting ZEN and ZCL.
Oh and that huge sell off? You can bet that was someone within the project dumping on you and cashing out. That's fraud.
Good luck.
June 08, 2017, 10:40:57 PM
I hope it goes up again, I bought a few coins on recommendation.
Maybe I'll get a chance to talk to Charles again when he visits the office somewhere this year.
Maybe I'll get a chance to talk to Charles again when he visits the office somewhere this year.
June 08, 2017, 09:37:03 PM
Ok, this thing will recover. This was posted on slack by Charles Hoskinson:
and if you dodn't know who Charles Hoskinson is, then Robert Viglione (aka @finpunk, a ZEN dev) can tell you this:
That's the sort of good news we needed!
Quote
charleshoskinson [3:21 AM]
And in the meantime https://www.youtube.com/watch?v=dMNhOIUcOYo
And in the meantime https://www.youtube.com/watch?v=dMNhOIUcOYo
and if you dodn't know who Charles Hoskinson is, then Robert Viglione (aka @finpunk, a ZEN dev) can tell you this:
Quote
finpunk [3:24 AM]
@tansleyfolk we have very helpful support from some awesome ETC guys, yes
tansleyfolk [3:25 AM]
good to hear :slightly_smiling_face: you should make a public post about that... if you are allowed... that's excellent news
finpunk [3:25 AM]
@charleshoskinson helped found ETH, yes, and is CEO of IOHK with major support for ETC and now Zen
[3:25]
he's also just a really cool guy interested in building interesting tech and decentralized governance structures
@tansleyfolk we have very helpful support from some awesome ETC guys, yes
tansleyfolk [3:25 AM]
good to hear :slightly_smiling_face: you should make a public post about that... if you are allowed... that's excellent news
finpunk [3:25 AM]
@charleshoskinson helped found ETH, yes, and is CEO of IOHK with major support for ETC and now Zen
[3:25]
he's also just a really cool guy interested in building interesting tech and decentralized governance structures
That's the sort of good news we needed!
June 08, 2017, 09:12:31 PM
What's a mess from one unprofessional guy 
I'm still in and wishing zen team all the best 
I'm still in and wishing zen team all the best June 08, 2017, 08:57:31 PM
may i ask what indicators your talking about ? only 1 person involved in this issue was allways the case nothing changed from past news.
@blockops said this on slack (he's one of the more serious devs)
Quote
blockops [2:06 AM]
I've had a few people ask me this so I'll provide a public answer. Movrcx won't be rejoining the Zen core team with me and @finpunk
Right now the 8.5% treasury allocation is accumulating and we intend to use the funds to bootstrap the growth of Zen by hiring Developers and spending the funds in other ways that benefit the project.
I've had a few people ask me this so I'll provide a public answer. Movrcx won't be rejoining the Zen core team with me and @finpunk
Right now the 8.5% treasury allocation is accumulating and we intend to use the funds to bootstrap the growth of Zen by hiring Developers and spending the funds in other ways that benefit the project.
Movcrx, real name Joshua Yabut, is the guy responsible for this entire mess by publicly pointing out an exploit which scared everyone and caused bittrexz to shut down wallets, who insulted the other devs, left the team to go *back* to ZCL.
Thank you for the support!
My slack posting was the first two paragraphs. I did not post the third paragraph in the slack. I fixed the quote marks for you
June 08, 2017, 08:39:03 PM
may i ask what indicators your talking about ? only 1 person involved in this issue was allways the case nothing changed from past news.
@blockops said this on slack (he's one of the more serious devs)
Quote
blockops [2:06 AM]
I've had a few people ask me this so I'll provide a public answer. Movrcx won't be rejoining the Zen core team with me and @finpunk
Right now the 8.5% treasury allocation is accumulating and we intend to use the funds to bootstrap the growth of Zen by hiring Developers and spending the funds in other ways that benefit the project.
Movcrx, real name Joshua Yabut, is the guy responsible for this entire mess by publicly pointing out an exploit which scared everyone and caused bittrexz to shut down wallets, who insulted the other devs, left the team to go *back* to ZCL.
I've had a few people ask me this so I'll provide a public answer. Movrcx won't be rejoining the Zen core team with me and @finpunk
Right now the 8.5% treasury allocation is accumulating and we intend to use the funds to bootstrap the growth of Zen by hiring Developers and spending the funds in other ways that benefit the project.
Movcrx, real name Joshua Yabut, is the guy responsible for this entire mess by publicly pointing out an exploit which scared everyone and caused bittrexz to shut down wallets, who insulted the other devs, left the team to go *back* to ZCL.
June 08, 2017, 08:34:16 PM
June 08, 2017, 08:33:32 PM
In other, non end of the world news.
Thanks to @movrcx's donation, our first bonus round is scheduled to start soon.
more info https://minez.zone/news#55round1
Thanks to @movrcx's donation, our first bonus round is scheduled to start soon.
more info https://minez.zone/news#55round1
Ready and waiting! Been mining at 800 Sol/s for the past couple days.
June 08, 2017, 08:24:37 PM
In other, non end of the world news.
Thanks to @movrcx's donation, our first bonus round is scheduled to start soon.
more info https://minez.zone/news#55round1
Thanks to @movrcx's donation, our first bonus round is scheduled to start soon.
more info https://minez.zone/news#55round1
June 08, 2017, 08:24:00 PM
I just spent some time on their slack ... there is actual hope and real indicators that this roadbump will be over soon and the coin will start recovering. The entire fiasco and drop was caused by a single person (yes, just one) who acted completely irresponsibly. That's what you get for relying on kids to lead projects. He's now gone and, if you ask me, that's a good thing for ZEN.
Yea seriously. Its kind of weird that people are acting like it's the end of the world because some child threw a tantrum and quit.
good riddance.
June 08, 2017, 08:23:39 PM
may i ask what indicators your talking about ? only 1 person involved in this issue was allways the case nothing changed from past news.
June 08, 2017, 08:22:21 PM
It seems it's recovering already ... someone just posted this on slack, shotted from bittrex
June 08, 2017, 08:13:48 PM
I just spent some time on their slack ... there is actual hope and real indicators that this roadbump will be over soon and the coin will start recovering. The entire fiasco and drop was caused by a single person (yes, just one) who acted completely irresponsibly. That's what you get for relying on kids to lead projects. He's now gone and, if you ask me, that's a good thing for ZEN.
June 08, 2017, 07:44:36 PM
eeh, i'm unsure whats going on - I literally just bought like 40 zen with btc but bittex has the zen wallet in maintenance and everything is showing as btc - how weird, is this coin dead you think
Nah this is just an early adopter award in disguise. Gonna be the biggest meme launch ever.Thank me later.
June 08, 2017, 07:41:09 PM
eeh, i'm unsure whats going on - I literally just bought like 40 zen with btc but bittex has the zen wallet in maintenance and everything is showing as btc - how weird, is this coin dead you think
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