Topic: ★★★★ [CAIx] ★ First 100% PoS At Launch ★ PSP ★★★★ - page 118. (Read 416461 times)

Quote from: renisel2 on May 20, 2014, 01:43:32 PM

@klopper

I am sorry but I expect a response from TheStuhlman.

Other people think like me that the communication wasn’t good!

I call complete and utter BS on that. The communication from Stuhlman was great and the only people who whine are people who intentionally mined until the very end in order get coins on low difficulty and you guys now come here, blaming the developer who did everything in his powers to make this transition as smooth as possible.

I don't disagree that Sthulman's communication was good - It was simply misleading and easy to misread or not follow exactly what was happening. I (incorrectly) assumed that mining would stop once the 1.6 million had been mined and that we could then exchange our coins. At no point was it mentioned (that I recall) that there was the possibility that 1 in 5 coins would not be available for exchange.

I could have forgiven maybe 2-3% of coins to make up for lost wallets etc, but 20% is an enormous number. This is what SHOULD have been communicated and the pools SHOULD have been shut down OR the block reward changed to ZERO to prevent this. There were plenty of ways this could have been prevented.

TheStuhlman can't force pools to close operations. Stop blaming everybody else and take a long look in the mirror. It's your fault and nobody else's and there was nothing misleading in the announcement. Learn to take responsibility for your own action or inaction.

1) We are taking responsibility by calling them out. I have not asked for anything except an explanation and doubt I'll even get that. 2) That cuts both ways. The devs here are supposed to be the professionals, and we are just consumers. They need to take responsibility for their crap communication that screwed over their own supporters.

I have pointed out that neither the website nor the OP clearly stated that the ability to exchange CAI for CAIx would stop. I have not yet seen any of the supporters of this transition dispute that fact. The devs say they can't put updates about every little development in those locations without completely flooding them. This is true, but we are not talking about a little development. There is currently a great deal of fluff in their announcements about future announcements in the OP; this is taking up way more space than they ever devoted to explaining how the transition would work. They could put those details all over the internet and on TV and in newspapers--but if they are missing from what should be the two primary sources of crucial information on the coin, then they have failed their supporters.

Now that I see what the transition plan actually was, I can't get past the view that it was either extraordinarily poorly planned, or extraordinarily dishonest. They knew that a substantial portion of the coins mined would be trash in the end--and an even higher portion of those mined toward the end would be useless. Are they so naive as to believe that people were just going to be cool with throwing away those coins (poor planning)? Or did they know that people wouldn't like it and therefore decided to downplay that aspect of the transition (dishonest)? It really has to be one or the other. They passed 1.6M around 5/8, so everything mined in the last 10 days was essentially worthless. Even if the communication had been perfect, you would still end up with a mad scramble to exchange coins before they ran out, and some of their supporters would get screwed. How is such a plan defensible?

One of the biggest challenges facing cryptocurrency in general is making it suitable for the masses. If anybody thinks that a coin is going to succeed if its devs can't even communicate this kind of fundamental information to a very tech savvy (relative to the general population) base of supporters, I think you are sorely mistaken.

There were aprox 300k of the 400k premine coins that did not get converted to caix. There was plenty of coins available and no problem with communication. You lost coins because you did not pay attention to your investment.

I lost coins because I mistakenly put confidence in the dev team and planned to hold this coin long-term, and therefore didn't concern myself with the daily minutiae. On what basis do you claim there was no problem with communication? I see people repeating that, but there is never any actual support offered. I have explained why I think the communication was deficient several times. Please explain how they are justified in not putting a message in the OP reading, "Once the 1.6M CAIx currently available for exchange have been exhausted there will be no more. Exchange your CAI ASAP or they may become worthless!"

I did make that statement on OP and on thread and on twitter several times, it was even published in articles about crypto. However, I do understand that some people missed out and miners kept on taking what is available. If you PM me your wallet address and the amount of coins you have, I will confirm that it existed before the 18. I will put my rigs on the multipool and mine CAIx and replace for you. There was no lack of communication at all when it came to this transition, we made an announcement after announcement about it. But like I said, I will make the best effort to make sure no one loses his CAI that they had before the 18. The 1.6 Million CAIx are now in circulation and I can not just make more. Some people will continue to mine CAI and come back and ask for more CAIx, I can not help them. But like I said if you had coins before the 18 I will help you recover them by mining it for you on the multipool at my expense, just pm me your wallet address and I will check on the explorer if they existed before the 18. That's all I can do, I can not make more CAIx so people can keep mining CAI for ever and replace them. Before CAIx project I ran pools and we ran into problems with some coins where we lost coins because of a bad client that crashed or a bad setup that caused double payouts etc.. I have never asked miners to cover the loss I have always covered those from my rigs and pool fees. I have built my pool reputation on everyone getting what they mine, and every pool I ever built was a total success.

StolenCoinSalesman

sr. member

Activity: 385

Merit: 250

I lost coins because I mistakenly put confidence in the dev team and planned to hold this coin long-term, and therefore didn't concern myself with the daily minutiae. On what basis do you claim there was no problem with communication? I see people repeating that, but there is never any actual support offered. I have explained why I think the communication was deficient several times. Please explain how they are justified in not putting a message in the OP reading, "Once the 1.6M CAIx currently available for exchange have been exhausted there will be no more. Exchange your CAI ASAP or they may become worthless!"

Im sorry you can not read. The information has only been in twitter, the updates on the front page of this post for weeks. YES weeks.

renisel2

newbie

Activity: 25

Merit: 0

Quote from: veritasBS on May 20, 2014, 01:19:47 PM

Quote from: renisel2 on May 20, 2014, 01:07:01 PM

Quote from: renisel2 on May 20, 2014, 01:07:01 PM

@klopper

I am sorry but I expect a response from TheStuhlman.

Other people think like me that the communication wasn’t good!

I call complete and utter BS on that. The communication from Stuhlman was great and the only people who whine are people who intentionally mined until the very end in order get coins on low difficulty and you guys now come here, blaming the developer who did everything in his powers to make this transition as smooth as possible.

I don't disagree that Sthulman's communication was good - It was simply misleading and easy to misread or not follow exactly what was happening. I (incorrectly) assumed that mining would stop once the 1.6 million had been mined and that we could then exchange our coins. At no point was it mentioned (that I recall) that there was the possibility that 1 in 5 coins would not be available for exchange.

I could have forgiven maybe 2-3% of coins to make up for lost wallets etc, but 20% is an enormous number. This is what SHOULD have been communicated and the pools SHOULD have been shut down OR the block reward changed to ZERO to prevent this. There were plenty of ways this could have been prevented.

TheStuhlman can't force pools to close operations. Stop blaming everybody else and take a long look in the mirror. It's your fault and nobody else's and there was nothing misleading in the announcement. Learn to take responsibility for your own action or inaction.

1) We are taking responsibility by calling them out. I have not asked for anything except an explanation and doubt I'll even get that. 2) That cuts both ways. The devs here are supposed to be the professionals, and we are just consumers. They need to take responsibility for their crap communication that screwed over their own supporters.

I have pointed out that neither the website nor the OP clearly stated that the ability to exchange CAI for CAIx would stop. I have not yet seen any of the supporters of this transition dispute that fact. The devs say they can't put updates about every little development in those locations without completely flooding them. This is true, but we are not talking about a little development. There is currently a great deal of fluff in their announcements about future announcements in the OP; this is taking up way more space than they ever devoted to explaining how the transition would work. They could put those details all over the internet and on TV and in newspapers--but if they are missing from what should be the two primary sources of crucial information on the coin, then they have failed their supporters.

Now that I see what the transition plan actually was, I can't get past the view that it was either extraordinarily poorly planned, or extraordinarily dishonest. They knew that a substantial portion of the coins mined would be trash in the end--and an even higher portion of those mined toward the end would be useless. Are they so naive as to believe that people were just going to be cool with throwing away those coins (poor planning)? Or did they know that people wouldn't like it and therefore decided to downplay that aspect of the transition (dishonest)? It really has to be one or the other. They passed 1.6M around 5/8, so everything mined in the last 10 days was essentially worthless. Even if the communication had been perfect, you would still end up with a mad scramble to exchange coins before they ran out, and some of their supporters would get screwed. How is such a plan defensible?

One of the biggest challenges facing cryptocurrency in general is making it suitable for the masses. If anybody thinks that a coin is going to succeed if its devs can't even communicate this kind of fundamental information to a very tech savvy (relative to the general population) base of supporters, I think you are sorely mistaken.

There were aprox 300k of the 400k premine coins that did not get converted to caix. There was plenty of coins available and no problem with communication. You lost coins because you did not pay attention to your investment.

I lost coins because I mistakenly put confidence in the dev team and planned to hold this coin long-term, and therefore didn't concern myself with the daily minutiae. On what basis do you claim there was no problem with communication? I see people repeating that, but there is never any actual support offered. I have explained why I think the communication was deficient several times. Please explain how they are justified in not putting a message in the OP reading, "Once the 1.6M CAIx currently available for exchange have been exhausted there will be no more. Exchange your CAI ASAP or they may become worthless!"

jdebunt

legendary

Activity: 1596

Merit: 1010

really looking forward to the new announcement

barbados-fs

hero member

Activity: 837

Merit: 505

Hey developers, you said that ALL CAI will be exchanged for CAIx. ALL.

Now I can not change my CAI on CAIx. Why?

axaxis

newbie

Activity: 7

Merit: 0

@TheStuhlman

Thank you for your response.

I send you an email with my username and mail.

veritasBS

full member

Activity: 122

Merit: 100

@klopper

I am sorry but I expect a response from TheStuhlman.

Other people think like me that the communication wasn’t good!

I call complete and utter BS on that. The communication from Stuhlman was great and the only people who whine are people who intentionally mined until the very end in order get coins on low difficulty and you guys now come here, blaming the developer who did everything in his powers to make this transition as smooth as possible.

I don't disagree that Sthulman's communication was good - It was simply misleading and easy to misread or not follow exactly what was happening. I (incorrectly) assumed that mining would stop once the 1.6 million had been mined and that we could then exchange our coins. At no point was it mentioned (that I recall) that there was the possibility that 1 in 5 coins would not be available for exchange.

I could have forgiven maybe 2-3% of coins to make up for lost wallets etc, but 20% is an enormous number. This is what SHOULD have been communicated and the pools SHOULD have been shut down OR the block reward changed to ZERO to prevent this. There were plenty of ways this could have been prevented.

TheStuhlman can't force pools to close operations. Stop blaming everybody else and take a long look in the mirror. It's your fault and nobody else's and there was nothing misleading in the announcement. Learn to take responsibility for your own action or inaction.

1) We are taking responsibility by calling them out. I have not asked for anything except an explanation and doubt I'll even get that. 2) That cuts both ways. The devs here are supposed to be the professionals, and we are just consumers. They need to take responsibility for their crap communication that screwed over their own supporters.

I have pointed out that neither the website nor the OP clearly stated that the ability to exchange CAI for CAIx would stop. I have not yet seen any of the supporters of this transition dispute that fact. The devs say they can't put updates about every little development in those locations without completely flooding them. This is true, but we are not talking about a little development. There is currently a great deal of fluff in their announcements about future announcements in the OP; this is taking up way more space than they ever devoted to explaining how the transition would work. They could put those details all over the internet and on TV and in newspapers--but if they are missing from what should be the two primary sources of crucial information on the coin, then they have failed their supporters.

Now that I see what the transition plan actually was, I can't get past the view that it was either extraordinarily poorly planned, or extraordinarily dishonest. They knew that a substantial portion of the coins mined would be trash in the end--and an even higher portion of those mined toward the end would be useless. Are they so naive as to believe that people were just going to be cool with throwing away those coins (poor planning)? Or did they know that people wouldn't like it and therefore decided to downplay that aspect of the transition (dishonest)? It really has to be one or the other. They passed 1.6M around 5/8, so everything mined in the last 10 days was essentially worthless. Even if the communication had been perfect, you would still end up with a mad scramble to exchange coins before they ran out, and some of their supporters would get screwed. How is such a plan defensible?

One of the biggest challenges facing cryptocurrency in general is making it suitable for the masses. If anybody thinks that a coin is going to succeed if its devs can't even communicate this kind of fundamental information to a very tech savvy (relative to the general population) base of supporters, I think you are sorely mistaken.

There were aprox 300k of the 400k premine coins that did not get converted to caix. There was plenty of coins available and no problem with communication. You lost coins because you did not pay attention to your investment.

renisel2

newbie

Activity: 25

Merit: 0