We need to address the exchanges, at least 20% of Boolberry is sitting on the order books at Poloniex. Meaning quite a bit more is stored there. We consider that part of a multi-pronged problem:
I am aware of several BBR holders that own a significant portion of the float and may present delays in the exchange rate rising to respectable heights. I need to make it clear what valuation the Blockchain Development Company sees in Boolberry: a $50,000,000 market cap.
We will be addressing: utility, and scarcity. Right now, Boolberry has neither, and its utility decreases daily as the blockchain grows and sits in RAM, and its scarcity is low because over 20% of the float is sitting on exchange order books in the form of limit orders, partially because prior holders are looking for an exit.
We will be diving more into this with our policy and roadmap document, but I need everyone to understand what we are aiming for here. tl;dr: HODL
If your company takes care of the code we will take care of the rest. Don't even look at the price right now, it is irrelevant at this stage.
I don't take that quip lightly because I know some people are going to call it a pump, going to start calling me Barry Silbert etc. I think you all need to know the ethos and observation of the Blockchain Development Company and I am going to make that very clear.
Our roadmap is going to show exactly what is intended to get it to the $50,000,000 market cap, and it isn't merchant adoption and e-commerce. We are activist investors pushing through reforms on this network, directly by coding it and getting network sentiment for our code.
And I don't want bagholders getting in the way of that before Boolberry is able to attract organic capital. This is a side effect of adopting an existing network, something that doesn't happen often, and we need to address the quirks of this unique opportunity for what they are, not dance around them while old investors depress the price and prevent garnering the attention that attracts more talent and capital. I understand the motivations people have with accidental long term investments, and I want to address them and get them in line with our vision.
Any large stakeholders are welcome to PM for trading off the books.
Great, we are in the process of trying to set up an OTC trading desk with trusted escrow agents here on bitcointalk, as well as integration into Bitsquare
