Seriously no one can explain to me why XC dev gave bitcoin to loljosh?
You know why.
You know why when there is 12 minute block times.
Seriously, ATCSecure hired him to do some of the leg work. It would make sense that arguably the best dev in the alt currency world wouldn't want to waste his time building the base when he needs to focus on the much more technical stuff. No doubt he has vetted it all and it's all fine. Now he's focusing on making this the most anonymous cryptocurrency.
Nothing shows fear more than bashing the competition.
Please, for the love of god, look at his CV. If you think someone like that lets loljosh near anything apart from the basics you have no idea how these people think. You don't get to where he has by paying other people to do the advanced stuff, you build that yourself.
When you guys have world firsts in technology development and worked for companies such as IBM, come discredit his way of doing things then.
loljosh's code underpins the entire coin - would you try and put a ferrari engine in a shitbox. No because the chassis, brakes, suspension would not be able to cope.
You want quality - you start with quality. Doesnt matter what whiz bang features the dev promises.
Bullshit. When you've worked in a string of Fortune 500 companies you'd understand. Aslong as the basics are there, people don't waste there time on shit like that, it's not worth their time. Loljosh's coding skills are excellent, and have been proven many and many times over. Arguing his coding is shit is absolute crap.
Gotta hand it to you Mike, you do make sense
Well I've been fortunate enough to work with people with CV's like ATCSecure's and trust me, you don't fucking argue with how they do things. People like that are the sort that build magic that revolutionises industries, you give them space and let them do what they do best. You start pegging them down with useless bullshit like building base code and your wasting their talent.
I understand your point and you are right about the hierarchy that is needed to be innovative and the fastest but the way you are going leads to an ensuing loss of power of judgement for the people following the dev and for new investors. As you have been around in cryptoworld for quite some time i guess you should know better about the transparency needs of every new coin coming up. It s essential no matter what genius created it.
Fuck transparency. Seriously. Who are we to argue about the details?
Until anyone here knows even one tenth of what a person like that knows, they sit back and relax, and enjoy the fact people like this are working on a project like this. You name one other Dev in the crypto world apart from statoshi himself who has the credentials he does?
You don't argue, you don't bicker, you sit back and relax. I couldn't care what he's done, all I look at is the results he is producing, and time after time he has delivered. In less than a month he has done what took darkcoin five, and trust me, in a months time this crypto will look nothing like the rest.
Sit back and relax. You don't argue with your CEO and you definitely don't need to know what he's doing when he produces results after results.
who are we to argue about the details?
The investors who spent money to allow the coin to grow, that's who.
That's your problem. You think you are an investor. Your not. Seriously, you need to get off your high horse. Your not an investor anymore than me buying EURO's gives me a say in what goes on European Parliament.
You make some fair points, although in a pretty unnecessarily aggressive manner.
However you miss something important. The value of a coin is based on market confidence, market confidence generates buy orders, market fear generates sell orders, and these affect the value of the coin. Owning coins is more akin to owning shares than buying Euros, as someone who owns a lot of coins you are similar to a major shareholder.
When the major shareholders get nervous they unload their investment and the price tanks. The actions of the board (see dev) are a lot to do with what instills confidence in the market.
I am sitting back, I am relaxed, I haven't unloaded anything other than a small amount of my XC and I don't intend to.. but the attitude of who are we to ask questions of the dev is not one I support, questions will be asked and the answers, or lack of, will affect market confidence. I think ATCSecure has done a great job on the whole, and no one is perfect. I do wish he had been able to put this one to bed a long time ago though.
The reason I am aggressive is because seriously, you have a hundred kids here who have probably never worked a real job in their entire lives, still live with their parents, and they are arguing that someone who is extremely accomplished should answer to them just because they speculated on a project if his.
Anyways, you seem to think your an investor? Your not, no one here is. Until an IPO is launched, we are all speculators riding a project he is creating. So the whole boardroom argument goes out the window. We don't pay his wages, we don't own a share in a holding company he is employed by, no money was raised to fund this project, he is working for free. And as such, we are not investors anymore than me buying EURO's give me a say in what happens in European Parliament.
Anyways, If we want to speculate on the success of that project that is our right, but thinking this has any relation to the real world business hierarchy is beyond nieve. We are not investors, we are speculators. As I said before, until we pay him personally, or buy a share in a holding company that owns the rights to his development, we have zero rights, and people need to seriously start respecting that.
I frankly am tired of all this shit, I'm not saying your one of those kids, but they are everywhere. BTT has turned into an absolute joke
The price of the coin, and the success of the developers project hinges largely on the confidence of the large bag holders, which is in turn built on the developers communication and product. It is as simple as that.
Your argument is based on the above and you couldn't be more incorrect.
Large bag holder have had a freeride to making allot of money, that's where their involvement ends. if they want to dump their coins that's not going to kill this project, people like me, and there are allot of us, will happily pick up those coins at a cheap price because of the foundations behind this project. It's completely self righteous that you believe you contribute to this project anymore than making money from speculation.
Anyways, Dump your coins, let every large bag holder dump their coins and see if it affects the progress of this project at all. It won't. The technology and the team are what dictates the value of this project, not large holders. If every large bagholder dumped their coins the price would crash, but new speculators would pick up those coins near immediately, and over the longterm the price will recover probably stronger than before, because the value is stored in the technology, and people will happily buy through that sell pressure because we appreciate the true value of this project, not what some early adopter thinks the price should be. Welcome to a free market economy. if you want to sell your coins cheap, trust me, there are hundreds of people just like me who willl buy them off you and restore the price, People who don't need constant validation from the developers that they speculated on a good project.
Honestly, Arguing that large holders of this coin play into the sucess of this project is insulting to the developers who have spent actual time building this project. I'm taking a break. Be greatful you've had a free ride, stop assuming the developers should run to support the price just to protect your free ride, you've done zero to contribute to this project, and you can't affect the price long term fullstop.
I'm sorry if this sounds personal, but stating you contribute to the success and the ultimate valuation of this project fullstop is beyond insulting to those who have actually put time into developing this project, and those who understand the basis of a free market economy.