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Topic: ApexCoin Rebirth - Minable Proof Of Stake - Web Wallet - BlockNet Association - page 80. (Read 249953 times)

legendary
Activity: 3052
Merit: 1534
www.ixcoin.net


I think maybe the dev himself is acting out is whole 51% takeover so he has an excuse to not deliver anything because he has NOTHING to deliver.

So watch the dev disappear and then the supposed 51% takeover also never gets mentioned again.

The 1+ Million buys were probably bogus and were pulled after making everyone think someone was buying 51%.

This looks like just another dump and dump scam coin - another fraudulent criminal scheme.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
No one knows what's going on because all comms have been sketchy of late.

i think dev has abandoned coin based on his last post

Someone please clear things up so we can move forward. 


Responding on behalf of request of members in the thread.

The member "damiano" has nothing to do with any planned or unplanned take-over.

I find it impossible to believe that he has 51% of the stake - considering I know full well he does not - for a fact.

That said - all I can say is myself, a close friend; and a number of coin holders have come together - who's total coin stake is now in excess of 51% of the total market cap.

What does this mean?

As you can see - the coins on the order books are far and few between. Not much for sale.  Why? Most are held - in lots of addresses - and not-staked.

It is the opinion of these holders that the ApexCoin's "roots" have the potential for great success. However the current Dev Team - well lets just say - they seem to be out of the picture.

That said - there will be some upcoming announcements I am sure very soon - outlining the plan. The 51% ownership I am sure will be put to market - with a new marketing, PR, branding, and development plan. With actual results and not just words. When the coins are put to market - I am assuming the existing order books will be bought up - (not much left) - and the coins held by the "majority" will be put to market at a higher price; fork; new POS; etc.

That's all I can say for now. I'm not in charge of this - just simply a large holder - so I am involved from an investment standpoint.

Hope that helps!

Strato


Why is and who is bringing up my name in this? 

I own a few % likely, but not 51%. 

Anytime I see a coin for going less than what it should be it's easy to throw 1 btc into it and wait it out.
legendary
Activity: 1162
Merit: 1000
Allergic to false promises
hero member
Activity: 616
Merit: 500
legendary
Activity: 1162
Merit: 1000
Allergic to false promises
hero member
Activity: 686
Merit: 500
this coin  has too many issues to invest in.
hero member
Activity: 1204
Merit: 509


There are some games being played with this coin.

Hopefully the game wasn't to just dump the premine and find a clever way to get out while not looking like scammers; like this 51% hostile takeover where now the dev can pretend he's not gonna enrich someone doing a hostile takeover so all of a sudden he doesn't have to release any of the promised updates.

Hopefully the game is to switch gears under new management via the 51% but then one has to wonder why would they need to do that if there has been no foul play?

Big gamble here - there's a good chance this is now just another dead ScamCoin with the scammers well on their way to launching their new ScamCoin.



Agreed.

I first assumed the dev purposely drove down the price of the coin with the failed Tor announcement. Then all he would have to do is release the fancy wallet stuff, or come back and say he somehow figured out how to get Tor working, or planned to do that fork/swap to Tor ... and probably it'd result in an instant double to triple coin value.

No idea if the 51% takeover stuff is on the level or not, but it is strangely bizarre to have a takeover because a dev failed at releasing a feature one week, then required more than a week to release a different feature. It's not like he vanished for months. I've seen coins where a dev posts maybe once every 2 weeks (and said and did nothing at all), and even there people were hesitant to bring up the fork/takeover talk until several months passed.

legendary
Activity: 3052
Merit: 1534
www.ixcoin.net


There are some games being played with this coin.

Hopefully the game wasn't to just dump the premine and find a clever way to get out while not looking like scammers; like this 51% hostile takeover where now the dev can pretend he's not gonna enrich someone doing a hostile takeover so all of a sudden he doesn't have to release any of the promised updates.

Hopefully the game is to switch gears under new management via the 51% but then one has to wonder why would they need to do that if there has been no foul play?

Big gamble here - there's a good chance this is now just another dead ScamCoin with the scammers well on their way to launching their new ScamCoin.

hero member
Activity: 616
Merit: 500
Forking with your 51% would basically screw the 49% including yourself, I could deal with the original dev but this move is just foolish and killed any chance of a rebound.  Remember what happened to flutter?  Threatened the dev and he got fed up and bounced.  Take over coins never rebound ever.  

You're wrong. VOOT was taken over and was doing very well before last weekend.

A dev leaving does not constitute as a take over and VOOT is still half its value and that's even with the hype that big news is coming.  

Voot dropped under 50sat some weeks ago. Then new devs came and price went to 3k. Then new dev says he is leaving and takes it back price 700 sat.

You dont get all the history on bittrex, only 14days max.
This is why you think voot is at half its value when it is actually 15x from the lowest.
member
Activity: 142
Merit: 10
Forking with your 51% would basically screw the 49% including yourself, I could deal with the original dev but this move is just foolish and killed any chance of a rebound.  Remember what happened to flutter?  Threatened the dev and he got fed up and bounced.  Take over coins never rebound ever. 

You're wrong. VOOT was taken over and was doing very well before last weekend.

A dev leaving does not constitute as a take over and VOOT is still half its value and that's even with the hype that big news is coming. 
hero member
Activity: 682
Merit: 500
Forking with your 51% would basically screw the 49% including yourself, I could deal with the original dev but this move is just foolish and killed any chance of a rebound.  Remember what happened to flutter?  Threatened the dev and he got fed up and bounced.  Take over coins never rebound ever. 

You're wrong. VOOT was taken over and was doing very well before last weekend.
newbie
Activity: 18
Merit: 0
Forking with your 51% would basically screw the 49% including yourself, I could deal with the original dev but this move is just foolish and killed any chance of a rebound.  Remember what happened to flutter?  Threatened the dev and he got fed up and bounced.  Take over coins never rebound ever. 

Won't all the coins be moved to the new fork?
member
Activity: 142
Merit: 10
Forking with your 51% would basically screw the 49% including yourself, I could deal with the original dev but this move is just foolish and killed any chance of a rebound.  Remember what happened to flutter?  Threatened the dev and he got fed up and bounced.  Take over coins never rebound ever. 
newbie
Activity: 48
Merit: 0
not a scammer, but not going to make someone stupid rich for hostile takeover, so not releasing sh*t.

Respectfully; among those in on the takeover - it was never once even brought up as an "interest" of getting the wallet you've been working on.

You haven't released anything. Your TOR launch was a bust. We still haven't seen a wallet.

Honestly; if you gave us the wallet - it wouldn't be used. There are new ideas; fresh leadership, and a roadmap of where this coin is going to go.

Don't mean to sound brazen; but it's the simple truth.

Best,

Strato

Well I missed the dev's post about the 'hostile takeover'. Unfortunately I have to agree with Stratobitz that we haven't actually seen any actual features the Apexcoin team have been touting. All I have seen was an intense marketing campaign on twitter from what I understand had now come back to bite the Apex devs since the same twitter channels seem to have been used to band together investors who lost big on APEX.

Personally I would still like to see what the original dev created for APEX to see if they have just been scamming or actually have a finished product.

This whole situation is kind of ironic since the original promise for this coin was for the Apex devs to poll the community on features for the coin and to keep up to date with other coins. Well the Apex devs seem to have succeeded since the Tor launch failing has brought together a community of people who believe in this promise but feel the original Apex Team is the obstacle standing in the way. Time will tell if they are right.
legendary
Activity: 1022
Merit: 1010
not a scammer, but not going to make someone stupid rich for hostile takeover, so not releasing sh*t.

Respectfully; among those in on the takeover - it was never once even brought up as an "interest" of getting the wallet you've been working on.

You haven't released anything. Your TOR launch was a bust. We still haven't seen a wallet.

Honestly; if you gave us the wallet - it wouldn't be used. There are new ideas; fresh leadership, and a roadmap of where this coin is going to go.

Don't mean to sound brazen; but it's the simple truth.

Best,

Strato
hero member
Activity: 616
Merit: 500
I own some Apex and so wanted to comment on the current discussion.

First you can't blame someone from scooping up 51% of Apex at these low prices. There was no organized FUD campaign to get cheap coins, just an unreleased TOR. If a stock declined and one investor bought 51% no one would later complain. Through incompetence the devs have only themselves to blame for the price decline, no one else. If I had the btc I would have bought up this coin because of the flawless early development of this coin from POW to POS.

That said, before TOR release the devs seemed to have better communication and a plan. I for one want to see what exactly they are working on this week to make up for the TOR disaster. Therefore I suggest the dev release this week as planned. There is a suspicion that the dev has been scamming and there had been no development at all and the release will clear away this allegation. The Apex team billed themselves as adaptable to any environment hence the name 'APEX'. Well the changing market price of this coin should be something the dev team should be able to adapt to, including someone owning 51% of the coins. What I am asking is for the devs to actually deliver with actions on the words they have been delivering over the last few weeks.

It is my understanding - again - not the one heading this "plan" - but the group is "not asking".

With 51% (I believe greater); the coin being decentralized - no one "owns it"; a majority stake can provide a fork of it's own; and provide a road map for the future.

There are no alternatives. With 51% (perhaps greater) - the coin is held hostage. Meaning - at any moment if the community does not go along with it - the majority could collectively dump.

That is NOT the plan. I am just simply stating that the current group is not asking - they are acting. They are invested in this coin - and feel the current DEV Team is "reckless" with their money.

We are playing hardball and plan to see this coin succeed.

Strato


Thank you. Finally someone clearing the air. Good luck from a fellow ApexCoin investor/holder.
legendary
Activity: 1022
Merit: 1010
I own some Apex and so wanted to comment on the current discussion.

First you can't blame someone from scooping up 51% of Apex at these low prices. There was no organized FUD campaign to get cheap coins, just an unreleased TOR. If a stock declined and one investor bought 51% no one would later complain. Through incompetence the devs have only themselves to blame for the price decline, no one else. If I had the btc I would have bought up this coin because of the flawless early development of this coin from POW to POS.

That said, before TOR release the devs seemed to have better communication and a plan. I for one want to see what exactly they are working on this week to make up for the TOR disaster. Therefore I suggest the dev release this week as planned. There is a suspicion that the dev has been scamming and there had been no development at all and the release will clear away this allegation. The Apex team billed themselves as adaptable to any environment hence the name 'APEX'. Well the changing market price of this coin should be something the dev team should be able to adapt to, including someone owning 51% of the coins. What I am asking is for the devs to actually deliver with actions on the words they have been delivering over the last few weeks.

It is my understanding - again - not the one heading this "plan" - but the group is "not asking".

With 51% (I believe greater); the coin being decentralized - no one "owns it"; a majority stake can provide a fork of it's own; and provide a road map for the future.

There are no alternatives. With 51% (perhaps greater) - the coin is held hostage. Meaning - at any moment if the community does not go along with it - the majority could collectively dump.

That is NOT the plan. I am just simply stating that the current group is not asking - they are acting. They are invested in this coin - and feel the current DEV Team is "reckless" with their money.

We are playing hardball and plan to see this coin succeed.

Strato
legendary
Activity: 1022
Merit: 1010
No one knows what's going on because all comms have been sketchy of late.

i think dev has abandoned coin based on his last post

Someone please clear things up so we can move forward. 


Responding on behalf of request of members in the thread.

The member "damiano" has nothing to do with any planned or unplanned take-over.

I find it impossible to believe that he has 51% of the stake - considering I know full well he does not - for a fact.

That said - all I can say is myself, a close friend; and a number of coin holders have come together - who's total coin stake is now in excess of 51% of the total market cap.

What does this mean?

As you can see - the coins on the order books are far and few between. Not much for sale.  Why? Most are held - in lots of addresses - and not-staked.

It is the opinion of these holders that the ApexCoin's "roots" have the potential for great success. However the current Dev Team - well lets just say - they seem to be out of the picture.

That said - there will be some upcoming announcements I am sure very soon - outlining the plan. The 51% ownership I am sure will be put to market - with a new marketing, PR, branding, and development plan. With actual results and not just words. When the coins are put to market - I am assuming the existing order books will be bought up - (not much left) - and the coins held by the "majority" will be put to market at a higher price; fork; new POS; etc.

That's all I can say for now. I'm not in charge of this - just simply a large holder - so I am involved from an investment standpoint.

Hope that helps!

Strato
newbie
Activity: 48
Merit: 0
I own some Apex and so wanted to comment on the current discussion.

First you can't blame someone from scooping up 51% of Apex at these low prices. There was no organized FUD campaign to get cheap coins, just an unreleased TOR. If a stock declined and one investor bought 51% no one would later complain. Through incompetence the devs have only themselves to blame for the price decline, no one else. If I had the btc I would have bought up this coin because of the flawless early development of this coin from POW to POS.

That said, before TOR release the devs seemed to have better communication and a plan. I for one want to see what exactly they are working on this week to make up for the TOR disaster. Therefore I suggest the dev release this week as planned. There is a suspicion that the dev has been scamming and there had been no development at all and the release will clear away this allegation. The Apex team billed themselves as adaptable to any environment hence the name 'APEX'. Well the changing market price of this coin should be something the dev team should be able to adapt to, including someone owning 51% of the coins. What I am asking is for the devs to actually deliver with actions on the words they have been delivering over the last few weeks.
hero member
Activity: 616
Merit: 500
No one knows what's going on because all comms have been sketchy of late.

i think dev has abandoned coin based on his last post

Someone please clear things up so we can move forward. 
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