Historic Cryptogenic Bullion thread - CLOSED - page 66.

gustav

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Quote from: elambert on March 01, 2014, 10:14:35 AM

The lead developer has abruptly left the project and sold his stake. Regrouping and rebuilding are in progress.

that was what i was understanding. Also the richest adress seem to take in cgb instead of selling it. Some marketing would be vital i think in the future. I would recommend marketing with focus on punchlines like 'honest, solid product' since people will want to come back to an established altcoin that can be trusted to an extend after lots of people being ripped of by all the new PnD-scams.
I hope this mission will be success. I'll also spread the word about cgb as soon prices become sort of stable again.

cryptonewbie

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Quote from: elambert on March 01, 2014, 10:14:35 AM

The lead developer has abruptly left the project and sold his stake. Regrouping and rebuilding are in progress.

He probably started dumping a few days ago when questions were raised about huge numbers showing up at ridiculous prices.

elambert

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The lead developer has abruptly left the project and sold his stake. Regrouping and rebuilding are in progress.

gustav

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Quote from: JakeThePanda on March 01, 2014, 10:06:08 AM

Quote from: gustav on March 01, 2014, 09:55:25 AM

Quote from: ?? on ??

Quote from: gustav on March 01, 2014, 09:47:39 AM

time to double your positions boys and girls Wink

Put some bids in. I need someone to sell to. Undecided

give me some time ... i just bought some from the sell-side with all the btc i had on exchange (not much). more btc coming in. will probably set up a few ridiculusly low bids for the panic-people to jump into ... sell it down another 60% for me please.

Panic? There are many things wrong with this coin that now make it, at best, a mediocre investment. I will just leave it there. Good luck.

what's wrong with it? Did i miss something?

JakeThePanda

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Quote from: gustav on March 01, 2014, 09:55:25 AM

Quote from: ?? on ??

Quote from: gustav on March 01, 2014, 09:47:39 AM

time to double your positions boys and girls Wink

Put some bids in. I need someone to sell to. Undecided

give me some time ... i just bought some from the sell-side with all the btc i had on exchange (not much). more btc coming in. will probably set up a few ridiculusly low bids for the panic-people to jump into ... sell it down another 60% for me please.

Panic? There are many things wrong with this coin that now make it, at best, a mediocre investment. I will just leave it there. Good luck.

patmast3r

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Quote from: Nthused on March 01, 2014, 09:53:44 AM

elambert the Nicest fellow I have dealt with, glad to have him at the Horns of CGB

Well I think merc didn't lie in his blog post so I'm going out on a limb and say that elambert might be a nice fellow but obviously is not willing to put in the work for CGB.
Also how is CGB going to find a new lead dev (one as good as merc too) with merc blog post there. Which dev will read that post and think "Yeah that sounds like a job I'd love to do.".

Colour me worried as fuck !

Majormax

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Quote from: miffman on March 01, 2014, 08:47:04 AM

This caught everyone unprepared. CGB future looks pretty weak, sadly to say. I've lost more than half of what I had before. All to take from this is a lesson learnt.

Many of us (self included) have lost more than 80%. The project can recover with a new dev team.

Price is irrelevant to prospects, but I would just point out that the total market cap., at ~$250k is for ALL the issue (unlike most of the other coins compared), so its just option money now (cheap)

gustav

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Quote from: ?? on ??

Quote from: gustav on March 01, 2014, 09:47:39 AM

time to double your positions boys and girls Wink

Put some bids in. I need someone to sell to. Undecided

give me some time ... i just bought some from the sell-side with all the btc i had on exchange (not much). more btc coming in. will probably set up a few ridiculusly low bids for the panic-people to jump into ... sell it down another 60% for me please. I know i am mean, but what else can i say when you want to sell on the lowest point of the year?

Nthused

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elambert the Nicest fellow I have dealt with, glad to have him at the Horns of CGB

Killiz

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Quote from: elambert on March 01, 2014, 08:43:49 AM

I just received an email from Mercury stating he has resigned from the CGB development team in order to focus on other projects. My apologies to the community as this was not expected and has caught me unprepared. Good news, I think the dumping should subside now. Bad news, it will take a little time to build the development team. The lead dev position is the immediate concern and will be my focus to resolve as soon as possible. Again, my apologies to the community. We will rebound and be better than before.

Just read this.

This explains a few things that have been happening. Sorry to hear merc has left, he obviously had too much on his plate for one individual. But maybe a transition to another developer would of been more appropriate.

This leaves a great opportunity for someone to take the reigns, and a great opportunity for buying also.

No worries elambert, I know you are an honest straight up guy and this must be as much of a shock and disapointment to you also.

What doesn't kill us makes us stronger!

gustav

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time to double your positions boys and girls Wink

Nthused

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Looks like CGB/BTC is going down BUT CGB/LTC is slowly going up on Cryptsy

patmast3r

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Not to step on anyonse feet but isn't there somene on the CGB team that is only doing marketing ?
I feel like the only marketing going on is done by the community.

Killiz

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Quote from: ?? on ??

I don't know the whole situation but the ethical thing would have been for Mercury Stills to transition another lead developer on the announcement.

The subreddit 'Cryptogenic Bullion' had and still has nothing to do with the core development team of CGB. It is handled by a few members of the CGB community, and they are doing a great job promoting CGB.

mvdheuvel1983

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Quote from: Killiz on March 01, 2014, 09:06:15 AM

Quote from: patmast3r on March 01, 2014, 09:01:27 AM

Quote from: Killiz on March 01, 2014, 08:57:38 AM

I introduced a couple of my friends to CGB and they bought in at around 0.0011 last week (first time putting money into crypto), told them it was a solid investment Grin

. Can't actually believe what I am seeing and I also have the majority of my BTC in CGB.

I'm assuming you are avoiding them right now ?

They are outside my house with pitchforks and torches Cheesy

Welcome to cryptolife Cool

bittick

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Cryptocasino.com

oh ffs.

Killiz

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Quote from: patmast3r on March 01, 2014, 09:01:27 AM

Quote from: Killiz on March 01, 2014, 08:57:38 AM

I introduced a couple of my friends to CGB and they bought in at around 0.0011 last week (first time putting money into crypto), told them it was a solid investment Grin

. Can't actually believe what I am seeing and I also have the majority of my BTC in CGB.

I'm assuming you are avoiding them right now ?

They are outside my house with pitchforks and torches Cheesy

patmast3r

hero member

Activity: 980

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Quote from: Killiz on March 01, 2014, 08:57:38 AM

I introduced a couple of my friends to CGB and they bought in at around 0.0011 last week (first time putting money into crypto), told them it was a solid investment Grin

. Can't actually believe what I am seeing and I also have the majority of my BTC in CGB.

I'm assuming you are avoiding them right now ?

Killiz

hero member

Activity: 750

Merit: 503

Quote from: Ethapus on March 01, 2014, 08:00:50 AM

What the actual f*ck? Shocked

As I have no btc but a bunch of cgb, I do not like what I am seeing Cry

I wish I had a bunch of btc in there as buy orders...

I introduced a couple of my friends to CGB and they bought in at around 0.0011 last week (first time putting money into crypto), told them it was a solid investment Grin

. Can't actually believe what I am seeing and I also have the majority of my BTC in CGB.

Quote from: forzendiablo on March 01, 2014, 01:14:03 AM

this coin is stolen from dev, it cant go anywhere - only 'new devs' can make cash

Is this what you are talking about forzendiablo?? http://www.reddit.com/r/CryptogenicBullion/comments/1xthrm/cryptogenicbullion_subreddit_moderator_update/

By the way forzendiablo is igl00FTW

https://bitcointalksearch.org/topic/m.5128660

Happy trolling and fudding Grin

Edit: CGB hasn't been stolen from the devs, how can it be stolen?? lol

Nthused

legendary

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It's been a good ride, but it just needs Re-furbishment

Topic: Historic Cryptogenic Bullion thread - CLOSED - page 66. (Read 286624 times)