Neah, it's not about funds, they had enough funds since there was no proper marketing for this project at all.
You can develop XC as it is right now without much funds, so I call this BS even if I was a strong hand in XC and a strong believer, but I needed to be real. My loss became real as soon as I decided to bail out, but so my time lose was real, having such amount of money blocked within a project which haven't moved for ~4 months.
Lets be real, this is TINY development to be achieved in 4 months period.
I was in only because of Dan, he IS very legit compared to other coins out there, and there are very few coins which can be trusted with med-term investment out there.
4-5 months is long-term already in crypto, and XC achieved nothing. I could not risk another 3-4 months to move 2-3x in marketcap, and I clearly see how flawed projects like BlockNet or SuperNet are. It's like Microsoft, Google, Apple, Etc merging their techs under one umbrella. That's crazy, we are not living in such world and human nature cannot support such approaches. This kind of approach will only bring failure at one point.
I agree with you that development has significantly slowed down but disagree with this "project which haven't moved for ~4 months" drum you keep banging. This is a gross exaggeration. Just a quick look at the roadmap shows this. Innovations like the x-mixer and trustless multipath meshnet - both huge developments - were released in September.
I do agree, however, that the last 2 months have shown little progression. This period has obviously coincided with the Blocknet announcement even though assurances were given that XC development would continue unabated. The tug-of-war between XC and Blocknet has already started. I really hope the next couple of weeks pick up dramatically and the team start to show more presence here with significant updates. We need an updated roadmap with dates to show their commitment to XC in the short term or the price will continue to drop. At the moment there is nothing to look forward to and we're just getting announcements about possible announcements. This is like night and day to how things were being presented in the first few months. I'm confident things will pick up but hope it's sooner rather than later before the XC price drops even further.
I think until the project is open sourced, and the tech is audited, the claim of nothing being done is on point.
It does not take 4 months to incorporate a business, it does take weeks to cover your tracks and spend the pre-mine shadily though.
Look, I hold alot of XC, but I am tired of watching whole bitcoins in value be lost, to what is obviously a group people, manipulating the markets. Dan or not.
I am sick of waking up, and literally having lost hundreds in value, every single day since September. Then he announces Blocknet, and collectively fucks us up our ass.
This shit is sickeningly deceptive, and is going to be bad for crypto all around if nothing comes out of it. Ultimate transfer of wealth for sure, from those with it, who worked for it, to those who manipulate it, with promises of cutting-edge tech that NEVER IS DELIVERED.
Deliver the tech gentlemen.
1. Open Source the ANON tech
2. Prove you have anything worth two wet-shit's in a dirty diaper
3. Simple
