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Topic: ApexCoin Rebirth - Minable Proof Of Stake - Web Wallet - BlockNet Association - page 87. (Read 249989 times)

sr. member
Activity: 264
Merit: 250
Thank you for the clarification Strato, I would also like to clear up what i said as well. I didn’t mean to sound like i was accusing you guys of the manipulation of this coin. But to a suspicious person alot of signs pointed to that direction. I've seen the influence rocket can have on coins and it seems as though the build up of the entire week for a big day Friday for Apex ( that was suppose to be the announcement of tor implementation ) and then all of a sudden the bad news coincided with his shift and focus to the Investment group and the new coin. As well as a sudden rise ( and fall ) in popularity of PESA, ELITE, and JUDGE to distract people from APEX. It all seemed liked the perfect storm for someone to manipulate the markets in their favor. Forgive me for being so paranoid but with the recent run of scams you almost always have to due your due diligence with the way some of these coins are moving. I may have gotten overzealous i apologize and tell coinrocket to not stop tweeting as his information is very valuable and influential.
hero member
Activity: 616
Merit: 500
This is APEX - not TOR coin. Let's get another feature instead. Smiley

The possibilites are still endless
full member
Activity: 546
Merit: 100
I am going to offer a suggestion, which is a little 'outside the box'. Since you tested TOR, and say it is working outside of the little problem of not working with the APEX blockchain, why not release it anyway?

Meaning, make a completely new coin. Don't do a swap, don't turn APEX into a TOR coin... just make a separate coin, and distribute it based on APEX holdings. You'd probably need to find another dev to run it, or at least help, but it does at least alleviate a couple of issues.

First off, developer trust. We can see you can actually offer something, aren't scamming anyone, and simply made a mistake.

It also assists with the current coin price a little, assuming the new TOR coin holds at least some value. People wouldn't take a big loss then, or at worst, a little loss.

Since Apex holdings would also influence distribution, it should in turn increase the demand, and therefore the price, at least somewhat. So it would buy you some time pricewise before you need to release the next feature ... in this case, I believe it was that fancier wallet.

You can use Bittrex for the distribution, or go with the Clams model based on the wallet/blockchain (or however they did it). I'd prefer the former myself, as it'd probably be easier all around. Anyway, just an idea, and it's certainly safer than doing the coin swap, and better than doing nothing at all.




I am actually liking the idea of the dev making another coin for tor for those who want it and whoever wants to jump over can swap their coin.  I was hoping for tor too but now that I've learned how slow tor actually was and the gov all up in it due to laundering money and whatever else, I'm glad tor didn't happen.  Also being not anon would probably make merchants to accept APEX better too.  Considering the dev is still here talking, there's a comeback waiting to happen.  The coin code hasn't had any errors that many coins experience so we know the dev knows a little something about coding and this ain't your china scam coin.  I'm still into this coin and holding. 
legendary
Activity: 1022
Merit: 1010
CoinRocket is also asking me to post:  It was mentioned above that since his initial call he hasn't mentioned APEX. I haven't personally looked but he is saying feel free to scroll back through his Twitter feed. You will find a number of follow up posts - when people inquired about APEX.

He does follow a lot of coins - and as we all know coins sometimes "sleep" for a while - so me personally - I find nothing strange about him promoting other coins while APEX has been "simmering".

Also, I think that CR has probably been APEX's biggest advocate and promoter.

Just food for thought.

I'm going back to bed. Hopefully I'll wake up to better news.

Strato
legendary
Activity: 1022
Merit: 1010
Actually now looking at Strato's sig i have reason to believe he may be on the inside as well. Sorry Strato and coinrocket, i do value your opinion on coins but i believe you may have went to far with this one. At least you guys could have staged this one a little better. But this was too obvious, no one from that camp made a peep about APEX on twitter when the news came out. Rocket has been tweeting about Pesa and Judge to distract people away from APEX. While him and his crew accumulate, which i assume he is APEX coin team lead or they are apart of the ploy as well. Like i said i value you guys opinion on the market very much, but you are not helping the community by doing things like this.

ALLOW ME TO CLEAR THE AIR HERE.

First, I apologize if I come of rude - but I was sleeping and just got woken up to this.

CoinRocket and I are not in cahoots to manipulate Apex. Period. CoinRocket and I are not the same person. We were roommates a LONG LONG time ago. We both work in media (him being more on the creative side - he's a super talented writer and shooter; he does fantastic advertising copy/design work; but he also runs a very successful PR Firm - so in some ways he's a creative "exec".)  I personally work strictly on the creative side in post production, graphics, animation, etc. That is what brought us together.

We got into Bitcoin together last fall - or rather, became interested in it last fall. We invested some money; built some rigs, and started mining Litecoin.

I still run a few rigs - nothing major; but CR really has the "Farm". He runs a large business and has the square footage and space to do so. He also loves to tout about his free AC - which was, to his unknown advantage at the time 4 years ago; able to lock in "utilities included" when he signed the lease on his 10,000+ sq foot production facility. So he has a huge advantage there; and that's why he's really built out the farm - because his facility has HUGE AC capabilities - designed for studio production/filmmaking, lights, etc.

I post sometimes here "on behalf of him" - because he doesn't use BCT other than browsing. He's super active on Twitter though.

Finally, we are both working together on VictoryCoin - which is the first coin we are in the midst of launching.

We are friends and we are business partners. Period.

NOW AS FAR AS APEX GOES:

We both own Apex. I won't disclose his holdings, but I personally have roughly 150,000 coins. CoinRocket made a good call with APEX. I got in around 1200ish - and it ended up going to I think 2800 or 3000 at one point.

The "problem" here as I see it - and I've spoken with CR about this - is not manipulation by whales. At least thats not what I believe. It could be a case of what I stated earlier - although CoinRocket seems to believe that's not the case (where I stated it could perhaps be the Dev's doing - purposefully dropping a negative information bomb to lower price and buy back more holdings). CoinRocket is arguing - and I hope I am not breaching his trust - that the real problem is:

1.) TOR Implementation did not occur as hoped for.

2.) Since then the Development Team has not outlined a clear roadmap - nor have they provided the community with their intended goals for APEX as a currency. Instead they have simply been posting "we're gathering information" - stating they want the community to vote, etc on what the next move should be.

I'd have to agree (and CR and I don't always agree) - that regardless of whatever really is going on here - the APEX Team - by taking a passive route is sabotaging what could be a successful and promising cryptocurrency.

People want leadership and a strong plan. Period.

Either the APEX Team will put something out that clarifies what it is they plan to do - or they won't. It's as simple as that. If they continue to "count votes", then personally I would think this coin is doomed. It is UP TO THEM.

CR's call on APEX - even though now the coin is in the tubes and has lost considerable value - was correct. I think he had identified what was a promising newcomer. The roll out into the mining phase (POW) was pulled off without issues. And the movement into the POS phase - which many times is screwy (with other coins) went flawlessly. The coin - after his call went from 1100 or 1200 to like 3000. That is a good call.

But all of this is speculative. All cryptos are. Look at even the best coins - you NEVER know what is going to happen.

I hope the APEX Team can get their act together.

And I hope the above in some way clarifies my relationship to CoinRocket.

Strato
newbie
Activity: 41
Merit: 0
The wallet seems like a very safe option.
If all goes well, the wallet would have contributed to the success.
If not, an update of the wallet with an "Exchange" button to exchange those APEX coins into the new ones would be a good plan. It's like a parachute, cushioning the swap.
sr. member
Activity: 261
Merit: 250
I could be wrong - but this could be a deliberate move, to get the price low in order to buy back coins before a big announcement.

Of course it could also not.

But it would not be the first time a DEV has deliberately crashed their own price - with a report of bad news - only to buy up a huge stake - before the big news release. And then the price shoots into the stratosphere. This is especially common with coins that have low pre-mines. How else do the DEVs get paid? Theres no other way other than using the power of insider information and the ability to be the "info source" to manipulate prices.

My only reason for thinking this is a possibility:

Theres still more buy support than sell support.

3BTC 1,000,000 Buy wall at 300.

"Someone" or "Some People" WANT these coins.

There are 1,800,000 coins on "BUY"

Only 280,000 on SELL.

That tells me people are holding and other people, or one person, is trying to get them.

I could be crazy.

Strato

cool story CoinRocket, how about just accept its a dead coin.

Strato isn't coinrocket. But i do also suspect that this is the work of coinrocket as well. He was very bullish on APEX and very vocal about accumulating alot of APEX on twitter. Since this happened on twitter he has not said a word about it. I suspect this may be a ploy by him and his inside group, i dont know if Strato is apart of it and i won't accuse him of it. I have seen him in alot of threads and he is an honest guy. But i have a feeling coinrocket has something to do with this, or he IS the DEV of APEX.

We are unsure if Strato/CoinRocket are the same person or not, but we can say he/she is not part of the APEX dev team. We found them to be highly intelligent and pleasant to chat with, but are currently not associated with each other, although we would be proud to have him on our side. We ourselves also value his opinion and perspective, and wish him success wherever he goes.

On a side note, we understand that supporters would like receive more updates to the status of current projects, and we are planning on having a way for users to get that information straight from the wallets. In the mean time, until this feature is released, we will try to be more frequent with the updates on bitcointalk and twitter.

We are sorry this happened, but we will get through this.
sr. member
Activity: 264
Merit: 250
Actually now looking at Strato's sig i have reason to believe he may be on the inside as well. Sorry Strato and coinrocket, i do value your opinion on coins but i believe you may have went to far with this one. At least you guys could have staged this one a little better. But this was too obvious, no one from that camp made a peep about APEX on twitter when the news came out. Rocket has been tweeting about Pesa and Judge to distract people away from APEX. While him and his crew accumulate, which i assume he is APEX coin team lead or they are apart of the ploy as well. Like i said i value you guys opinion on the market very much, but you are not helping the community by doing things like this.
sr. member
Activity: 261
Merit: 250
I am going to offer a suggestion, which is a little 'outside the box'. Since you tested TOR, and say it is working outside of the little problem of not working with the APEX blockchain, why not release it anyway?

Meaning, make a completely new coin. Don't do a swap, don't turn APEX into a TOR coin... just make a separate coin, and distribute it based on APEX holdings. You'd probably need to find another dev to run it, or at least help, but it does at least alleviate a couple of issues.

First off, developer trust. We can see you can actually offer something, aren't scamming anyone, and simply made a mistake.

It also assists with the current coin price a little, assuming the new TOR coin holds at least some value. People wouldn't take a big loss then, or at worst, a little loss.

Since Apex holdings would also influence distribution, it should in turn increase the demand, and therefore the price, at least somewhat. So it would buy you some time pricewise before you need to release the next feature ... in this case, I believe it was that fancier wallet.

You can use Bittrex for the distribution, or go with the Clams model based on the wallet/blockchain (or however they did it). I'd prefer the former myself, as it'd probably be easier all around. Anyway, just an idea, and it's certainly safer than doing the coin swap, and better than doing nothing at all.




We have considered this at one point, and may revisit it since we do have a working Tor coin, but at this time we believe making a new wallet would benefit the current APEX investors more. Distributing new coins on a 1:1 ratio with current coin holders sounds nice, but the execution may be a bit more complicated.
sr. member
Activity: 264
Merit: 250
I could be wrong - but this could be a deliberate move, to get the price low in order to buy back coins before a big announcement.

Of course it could also not.

But it would not be the first time a DEV has deliberately crashed their own price - with a report of bad news - only to buy up a huge stake - before the big news release. And then the price shoots into the stratosphere. This is especially common with coins that have low pre-mines. How else do the DEVs get paid? Theres no other way other than using the power of insider information and the ability to be the "info source" to manipulate prices.

My only reason for thinking this is a possibility:

Theres still more buy support than sell support.

3BTC 1,000,000 Buy wall at 300.

"Someone" or "Some People" WANT these coins.

There are 1,800,000 coins on "BUY"

Only 280,000 on SELL.

That tells me people are holding and other people, or one person, is trying to get them.

I could be crazy.

Strato

cool story CoinRocket, how about just accept its a dead coin.

Strato isn't coinrocket. But i do also suspect that this is the work of coinrocket as well. He was very bullish on APEX and very vocal about accumulating alot of APEX on twitter. Since this happened on twitter he has not said a word about it. I suspect this may be a ploy by him and his inside group, i dont know if Strato is apart of it and i won't accuse him of it. I have seen him in alot of threads and he is an honest guy. But i have a feeling coinrocket has something to do with this, or he IS the DEV of APEX.
newbie
Activity: 10
Merit: 0
Remember guys BUY HIGH SELL LOW.
newbie
Activity: 41
Merit: 0
Coming from a supportive investor, if the plan for APEX is to start over with a different coin, that's alright as long as investors get a voucher for the new coin in the amount of Bitcoins used in the investment. This is only fair. This also keeps the investors you have happy and loyal; who would trust a group that stepped on its backers? In addition, angry investors may not invest purely out of spite.

Gift Cards/Vouchers are the way to go.

Coming from a person who bought nearly 5000 APEXCoins, please don't burn your bridges.

If a new coin is not in the works, please let us know.
full member
Activity: 182
Merit: 100
dumped mine earlier.. dev can have em
sr. member
Activity: 294
Merit: 250
I could be wrong - but this could be a deliberate move, to get the price low in order to buy back coins before a big announcement.

Of course it could also not.

But it would not be the first time a DEV has deliberately crashed their own price - with a report of bad news - only to buy up a huge stake - before the big news release. And then the price shoots into the stratosphere. This is especially common with coins that have low pre-mines. How else do the DEVs get paid? Theres no other way other than using the power of insider information and the ability to be the "info source" to manipulate prices.

My only reason for thinking this is a possibility:

Theres still more buy support than sell support.

3BTC 1,000,000 Buy wall at 300.

"Someone" or "Some People" WANT these coins.

There are 1,800,000 coins on "BUY"

Only 280,000 on SELL.

That tells me people are holding and other people, or one person, is trying to get them.

I could be crazy.

Strato

cool story CoinRocket, how about just accept its a dead coin.
legendary
Activity: 1022
Merit: 1010
I could be wrong - but this could be a deliberate move, to get the price low in order to buy back coins before a big announcement.

Of course it could also not.

But it would not be the first time a DEV has deliberately crashed their own price - with a report of bad news - only to buy up a huge stake - before the big news release. And then the price shoots into the stratosphere. This is especially common with coins that have low pre-mines. How else do the DEVs get paid? Theres no other way other than using the power of insider information and the ability to be the "info source" to manipulate prices.

My only reason for thinking this is a possibility:

Theres still more buy support than sell support.

3BTC 1,000,000 Buy wall at 300.

"Someone" or "Some People" WANT these coins.

There are 1,800,000 coins on "BUY"

Only 280,000 on SELL.

That tells me people are holding and other people, or one person, is trying to get them.

I could be crazy.

Strato
newbie
Activity: 41
Merit: 0
Throughout the testing phase of TOR the ApexCoin devs have been saying that testing is proceeding successfully. Now to come back and say it is impossible to integrate TOR without a hard fork sounds suspicious to me. I am left wondering why this problem wasn't found until right up until the Tor deadline. It sounds like a lack of knowledge and skill on the part of the devs, not a good sign for a coin that brags about its adaptability in the crypto space. Right now the Apex community has waited for weeks for what could essentially be vaporware. I and many others have no reason to trust subsequent promised features will be released at all.
 
The Apex devs need to implement some essential feature within the next couple of days or the trust in this community will be lost. Forget about waiting for polls and implement now otherwise this coin is done. Let's see that adaptability bragged about in the ANN.

Yes, we agree. The issue was discovered yesterday in final phases of testing, but the Tor dev wanted to test all possible solutions in case there was a way to make it work with the current genesis block. We wanted to give him a chance, so we held off on the announcement until this morning. We had no reason to lie about this, as there is no way for us to profit from it. We have a working and fully functional Tor implemented coin. It just is not compatible with the current blockchain.

In an attempt to salvage the situation, we are working on a new wallet with extra features, and will post it here when it becomes available.

The multipool is still coming.

I am invested in this coin and I hope you are right.

What I see in this comment by this "dev", is foreshadowing of a new coin that they'll most likely attempt to launch under a new BTC-Talk thread, under a new alias. This Apex coin will have a lackluster effort put into it with some crappy wallet feature that every other coin has done better, and then scrap the project altogether. It's a shame, quite a few started to get behind this coin. I actually went against my better instincts and got myself vested over the last few days. No use letting another coin that most likely will go nowhere ruin our day.

Expect a new BTC talk account to be created, and a new coin announced with working Tor functionality as it's key feature in the next week or so. It'll be these guys.

I hope I'm wrong. But, the state of this scene lately is just flat out robbery and zero accountability 
legendary
Activity: 1022
Merit: 1010
I feel very bad for the people selling me apex at 352 sat.
Got another 120k
Thanks for this dev lol


Also buying - prices are being highly manipulated down right now with sell walls. This won't last.
hero member
Activity: 1204
Merit: 509
I am going to offer a suggestion, which is a little 'outside the box'. Since you tested TOR, and say it is working outside of the little problem of not working with the APEX blockchain, why not release it anyway?

Meaning, make a completely new coin. Don't do a swap, don't turn APEX into a TOR coin... just make a separate coin, and distribute it based on APEX holdings. You'd probably need to find another dev to run it, or at least help, but it does at least alleviate a couple of issues.

First off, developer trust. We can see you can actually offer something, aren't scamming anyone, and simply made a mistake.

It also assists with the current coin price a little, assuming the new TOR coin holds at least some value. People wouldn't take a big loss then, or at worst, a little loss.

Since Apex holdings would also influence distribution, it should in turn increase the demand, and therefore the price, at least somewhat. So it would buy you some time pricewise before you need to release the next feature ... in this case, I believe it was that fancier wallet.

You can use Bittrex for the distribution, or go with the Clams model based on the wallet/blockchain (or however they did it). I'd prefer the former myself, as it'd probably be easier all around. Anyway, just an idea, and it's certainly safer than doing the coin swap, and better than doing nothing at all.


newbie
Activity: 10
Merit: 0
I feel very bad for the people selling me apex at 352 sat.
Got another 120k
Thanks for this dev lol
full member
Activity: 182
Merit: 100
lol might as well coin swap now, the price can't fall too much further. .  and it's what ze people voted for anyway
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