If the team Dan Arlyn and Teka is happy with what you and the other guy are saying and other members of this thread think alike I will not post in this thread anymore but I will communicate directly with Teka and the others as I did last days for the website inputs as well as all the time there was the need to test anon transactions xchat xgroup chat mobile wallet etc.
Since you seem to take just the posts made out of jokes and fun moments and the one written by rush as many did in the past and bring them out of context with generalizations to make your point valid in my view you are the duche here and you are sitting in a golden horse if I'm sitting on an high one
At least now we know clearly we do not like each other . everyone can read my post history as well as yours and q and make up their minds.
I do not feel I need to apologise for anything I wrote today.
Bye now I'm out of my cell phone writing in this thread until I have a bigger feedback from whoever cares.
Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 63. (Read 1484185 times)
October 30, 2014, 08:59:46 AM
October 30, 2014, 08:40:37 AM
Dealing with premine question now, at this price level is way better than it appearing later on fud threads.
I did see accusation of "premine dumped" on a fud thread and I'm glad I checked the situation out. Just imagine if one of the the participants on the mud-throwing threads had found it out, thankfully they are lazy and usually aren't willing to check out the facts.
Giving free bullets for "XC is a scam"-threads (and not dealing with the situation) is bad on a longer timeline.
Main concern of bigger investors has been the premine and if it has already been spent on development and hired(!) personnel, this is a good thing on the longer run. Coming out clean and transparent is always a good thing.
I did see accusation of "premine dumped" on a fud thread and I'm glad I checked the situation out. Just imagine if one of the the participants on the mud-throwing threads had found it out, thankfully they are lazy and usually aren't willing to check out the facts.
Giving free bullets for "XC is a scam"-threads (and not dealing with the situation) is bad on a longer timeline.
Main concern of bigger investors has been the premine and if it has already been spent on development and hired(!) personnel, this is a good thing on the longer run. Coming out clean and transparent is always a good thing.
October 30, 2014, 08:40:02 AM
Thanks for the perspectives here everyone.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
Thank you that is all that we are asking and we can try to set the standard in crypto land for transparency for the first time. This could be used in a huge positive backlash for PR please handle it and use it wisely after wards
I do care about timing, don't sell more that the market can handle. IF, and thats a big if, the team or Dan did sell part on the top price: good for them, wish i would had done that.
But im sick and tired of people talking like the own part of the pre-mine, time cost money. You knew it was there and what is was for when you bought or mined your coins. If all is spend by now i consider it well spend because of the tech XC has atm & thanks for improving the distribution and community. An open ledger is great but also gives away a lot of info about the next move XC is going to take and opens the door to more FUD
And i think you can forget about wallet identification with XC. I have read all papers i could find, tried all known formula's, got input from more experienced people and in the end all implementations end up with all addresses in one big wallet. The anon is to strong.
October 30, 2014, 08:37:40 AM
You know I never said this to anyone in here but now I will ...I'm one of the members that invested more in this thread and contributed the most with constructive criticism ...
Really? You need to get off your high horse. Yeah, yay, you have been around a while, big deal, so have I. To think you had something to do with getting the 10% back from coingateway for people is ludicrous.
The things I remember most from you are you and your mascot goat buddy circle jerking each other in this thread acting like kids, you talking about "jizzing" yourself quite often, and you flying off the handle in the Blocknet thread. That's what I remember, the juvenile bullshit you have pulled. Not the positive contributions that you have made.
Now you are starting BS in this thread. Go ahead, blame it on being half Sicilian, or whatever, but it is the kids acting like kids in this thread that have made me rethink my position in XC. You think you are doing great things for the XC community by acting the fool and flying off the handle, but from the outside looking in, you are hurting the community, not helping.
Figure out away to get your point across with out sounding like a ranting critical douche bag. It will benefit everyone.
October 30, 2014, 08:30:32 AM
nobody has to leave just chill.
i hope the premine is fully spend as it looks. now the pressure is on the team to deliver Rev3 full working product to make their private holdings worth more
i hope the premine is fully spend as it looks. now the pressure is on the team to deliver Rev3 full working product to make their private holdings worth more
+1
I hope that too, maybe some of those "main investors" making "constructive posts" will dump and move on based on that reason
October 30, 2014, 08:27:35 AM
nobody has to leave just chill.
i hope the premine is fully spend as it looks. now the pressure is on the team to deliver Rev3 full working product to make their private holdings worth more
i hope the premine is fully spend as it looks. now the pressure is on the team to deliver Rev3 full working product to make their private holdings worth more
October 30, 2014, 08:25:42 AM
lets remember them community code there brothers 
October 30, 2014, 08:24:13 AM
Morning folks
Hmm... Looks like we need to get you all some details about how the premine has been spent and which address(es) you can all keep track of it on. It's pretty important that you're able to do this.
We'll need to wait until Dan's awake since I don't have any access to the premine. But I can tell you a few things:
- I will reveal that some of the premine has been used to pay me. It's a full time job, and I'm happy to be paid in XC.
- Dan is very likely to have paid XC to devs for various things.
- I don't think that Dan has used the premine for his own expenses. I actually think he *should* use it for his expenses, and I hope he has, but I'm not sure he has. He's specifically mentioned that XChat was developed out of his own funds.
Some pure speculation:
- I don't know how much of the premine is left, and how much might exist in BTC or another currency.
- It's possible that Dan diversified XC's funding to mitigate risk and/or to pay devs. Good plan in my opinion.
- It's possible that the premine could be used to generate profits on other coins, and thus replenish the premine.
Hmm... Looks like we need to get you all some details about how the premine has been spent and which address(es) you can all keep track of it on. It's pretty important that you're able to do this.
We'll need to wait until Dan's awake since I don't have any access to the premine. But I can tell you a few things:
- I will reveal that some of the premine has been used to pay me. It's a full time job, and I'm happy to be paid in XC.
- Dan is very likely to have paid XC to devs for various things.
- I don't think that Dan has used the premine for his own expenses. I actually think he *should* use it for his expenses, and I hope he has, but I'm not sure he has. He's specifically mentioned that XChat was developed out of his own funds.
Some pure speculation:
- I don't know how much of the premine is left, and how much might exist in BTC or another currency.
- It's possible that Dan diversified XC's funding to mitigate risk and/or to pay devs. Good plan in my opinion.
- It's possible that the premine could be used to generate profits on other coins, and thus replenish the premine.
I don't mind at all for you and the dev team to be paid with the premine. What I do mind is if you do this without stating publicly the amounts the addresses and the time you were/are paid.
This is just complying with the standards that the team itself set up to follow as per pizpie link with the addresses were mentioning that each expense was going to be public.
YOU AGAIN?
?NOW IT"S ABOUT PREMINE?
GOSHHHHH!!!!! I hope you dump your xc and block faster and go look for another coin, because you really hurt this coin with you idiotic posts.
Always make sure of a thing before posting... FUDER!!!!!
You know I never said this to anyone in here but now I will Fuck Off you and your idiotic FUDS accusations I'm one of the members that invested more in this thread and contributed the most with constructive criticism I don't remember you providing ibe inch if constructiveness for xc. If it was not for my posts in the block net thread you and many others might not have even had the 10% discount from CoinGateway. And now you are accusing me when first I did not bring up this and second all of us are concerned. You are just a blind idiotic fan boy at this point just go fuck yourself.
Now Teka you can delete this post and his post also.
Thank you
I give no shit about your max 5 BTC investment, you are an annoying FUDER! now gtfo. Your questions never make sense. Asking about the premine funds after such a team worked their asses this time and delivering?
? From my point of view they could'v dumped the premine and I would not mind.You don't contribute with nothing, you only post your own frustrations...so cut this crap with constructive criticism.
"If it was not for my posts in the block net thread you and many others might not have even had the 10% discount from CoinGateway." F*** you for saying that. Don't believe one second that CoinGateway solved that because of YOU.
And PS, I never bought on CoinGateway, I'm not a cheap ass crying for 10%.
You are a FUDER! You only post your frustrations, nothing constructive. And your posts do more harm for newcomer.
I'm heavy invested in XC and from my point of view I don't give a quack about the premine right now. The team are doing a great job.
I just reiterate to fuck yourself so that we can have those posts deleted soon if you have any other concerns send me a pm if arlyn teka Dan and the community is in par with what you are saying I will not make one post in this thread anymore
October 30, 2014, 08:22:55 AM
Morning folks
Hmm... Looks like we need to get you all some details about how the premine has been spent and which address(es) you can all keep track of it on. It's pretty important that you're able to do this.
We'll need to wait until Dan's awake since I don't have any access to the premine. But I can tell you a few things:
- I will reveal that some of the premine has been used to pay me. It's a full time job, and I'm happy to be paid in XC.
- Dan is very likely to have paid XC to devs for various things.
- I don't think that Dan has used the premine for his own expenses. I actually think he *should* use it for his expenses, and I hope he has, but I'm not sure he has. He's specifically mentioned that XChat was developed out of his own funds.
Some pure speculation:
- I don't know how much of the premine is left, and how much might exist in BTC or another currency.
- It's possible that Dan diversified XC's funding to mitigate risk and/or to pay devs. Good plan in my opinion.
- It's possible that the premine could be used to generate profits on other coins, and thus replenish the premine.
Hmm... Looks like we need to get you all some details about how the premine has been spent and which address(es) you can all keep track of it on. It's pretty important that you're able to do this.
We'll need to wait until Dan's awake since I don't have any access to the premine. But I can tell you a few things:
- I will reveal that some of the premine has been used to pay me. It's a full time job, and I'm happy to be paid in XC.
- Dan is very likely to have paid XC to devs for various things.
- I don't think that Dan has used the premine for his own expenses. I actually think he *should* use it for his expenses, and I hope he has, but I'm not sure he has. He's specifically mentioned that XChat was developed out of his own funds.
Some pure speculation:
- I don't know how much of the premine is left, and how much might exist in BTC or another currency.
- It's possible that Dan diversified XC's funding to mitigate risk and/or to pay devs. Good plan in my opinion.
- It's possible that the premine could be used to generate profits on other coins, and thus replenish the premine.
I don't mind at all for you and the dev team to be paid with the premine. What I do mind is if you do this without stating publicly the amounts the addresses and the time you were/are paid.
This is just complying with the standards that the team itself set up to follow as per pizpie link with the addresses were mentioning that each expense was going to be public.
YOU AGAIN?
?NOW IT"S ABOUT PREMINE?
GOSHHHHH!!!!! I hope you dump your xc and block faster and go look for another coin, because you really hurt this coin with you idiotic posts.
Always make sure of a thing before posting... FUDER!!!!!
You know I never said this to anyone in here but now I will Fuck Off you and your idiotic FUDS accusations I'm one of the members that invested more in this thread and contributed the most with constructive criticism I don't remember you providing ibe inch if constructiveness for xc. If it was not for my posts in the block net thread you and many others might not have even had the 10% discount from CoinGateway. And now you are accusing me when first I did not bring up this and second all of us are concerned. You are just a blind idiotic fan boy at this point just go fuck yourself.
Now Teka you can delete this post and his post also.
Thank you
I give no shit about your max 5 BTC investment, you are an annoying FUDER! now gtfo. Your questions never make sense. Asking about the premine funds after such a team worked their asses this time and delivering?
? From my point of view they could'v dumped the premine and I would not mind.You don't contribute with nothing, you only post your own frustrations...so cut this crap with constructive criticism.
"If it was not for my posts in the block net thread you and many others might not have even had the 10% discount from CoinGateway." F*** you for saying that. Don't believe one second that CoinGateway solved that because of YOU.
And PS, I never bought on CoinGateway, I'm not a cheap ass crying for 10%.
You are a FUDER! You only post your frustrations, nothing constructive. And your posts do more harm for newcomer.
I'm heavy invested in XC and from my point of view I don't give a quack about the premine right now. The team are doing a great job.
qawzsx, some time ago you sayed you won't post here anymore. Please follow your statements and leave.
Everyone is a fuder in your eyes by asking questions. I think you are an unpolite person.
When i read your posts this comes to my mind
"Never argue with stupid people, they will only drag you down to their level and then beat you with experience"
October 30, 2014, 08:19:27 AM
Morning folks
Hmm... Looks like we need to get you all some details about how the premine has been spent and which address(es) you can all keep track of it on. It's pretty important that you're able to do this.
We'll need to wait until Dan's awake since I don't have any access to the premine. But I can tell you a few things:
- I will reveal that some of the premine has been used to pay me. It's a full time job, and I'm happy to be paid in XC.
- Dan is very likely to have paid XC to devs for various things.
- I don't think that Dan has used the premine for his own expenses. I actually think he *should* use it for his expenses, and I hope he has, but I'm not sure he has. He's specifically mentioned that XChat was developed out of his own funds.
Some pure speculation:
- I don't know how much of the premine is left, and how much might exist in BTC or another currency.
- It's possible that Dan diversified XC's funding to mitigate risk and/or to pay devs. Good plan in my opinion.
- It's possible that the premine could be used to generate profits on other coins, and thus replenish the premine.
Hmm... Looks like we need to get you all some details about how the premine has been spent and which address(es) you can all keep track of it on. It's pretty important that you're able to do this.
We'll need to wait until Dan's awake since I don't have any access to the premine. But I can tell you a few things:
- I will reveal that some of the premine has been used to pay me. It's a full time job, and I'm happy to be paid in XC.
- Dan is very likely to have paid XC to devs for various things.
- I don't think that Dan has used the premine for his own expenses. I actually think he *should* use it for his expenses, and I hope he has, but I'm not sure he has. He's specifically mentioned that XChat was developed out of his own funds.
Some pure speculation:
- I don't know how much of the premine is left, and how much might exist in BTC or another currency.
- It's possible that Dan diversified XC's funding to mitigate risk and/or to pay devs. Good plan in my opinion.
- It's possible that the premine could be used to generate profits on other coins, and thus replenish the premine.
I don't mind at all for you and the dev team to be paid with the premine. What I do mind is if you do this without stating publicly the amounts the addresses and the time you were/are paid.
This is just complying with the standards that the team itself set up to follow as per pizpie link with the addresses were mentioning that each expense was going to be public.
YOU AGAIN?
?NOW IT"S ABOUT PREMINE?
GOSHHHHH!!!!! I hope you dump your xc and block faster and go look for another coin, because you really hurt this coin with you idiotic posts.
Always make sure of a thing before posting... FUDER!!!!!
You know I never said this to anyone in here but now I will Fuck Off you and your idiotic FUDS accusations I'm one of the members that invested more in this thread and contributed the most with constructive criticism I don't remember you providing ibe inch if constructiveness for xc. If it was not for my posts in the block net thread you and many others might not have even had the 10% discount from CoinGateway. And now you are accusing me when first I did not bring up this and second all of us are concerned. You are just a blind idiotic fan boy at this point just go fuck yourself.
Now Teka you can delete this post and his post also.
Thank you
I give no shit about your max 5 BTC investment, you are an annoying FUDER! now gtfo. Your questions never make sense. Asking about the premine funds after such a team worked their asses this time and delivering?
? From my point of view they could'v dumped the premine and I would not mind.You don't contribute with nothing, you only post your own frustrations...so cut this crap with constructive criticism.
"If it was not for my posts in the block net thread you and many others might not have even had the 10% discount from CoinGateway." F*** you for saying that. Don't believe one second that CoinGateway solved that because of YOU.
And PS, I never bought on CoinGateway, I'm not a cheap ass crying for 10%.
You are a FUDER! You only post your frustrations, nothing constructive. And your posts do more harm for newcomer.
I'm heavy invested in XC and from my point of view I don't give a quack about the premine right now. The team are doing a great job.
October 30, 2014, 08:18:57 AM
Thanks for the perspectives here everyone.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
Thank you that is all that we are asking and we can try to set the standard in crypto land for transparency for the first time. This could be used in a huge positive backlash for PR please handle it and use it wisely after wards
But it is still somehow useless to get the information afterwards with things made up to fit the numbers.
I'm disapointed that the statement for "transparency" was just a statement and no promised actions followed.
October 30, 2014, 08:17:13 AM
Thanks for the perspectives here everyone.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
Thank you that is all that we are asking and we can try to set the standard in crypto land for transparency for the first time. This could be used in a huge positive backlash for PR please handle it and use it wisely after wards
+1
October 30, 2014, 08:15:39 AM
Thanks for the perspectives here everyone.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
Thank you that is all that we are asking and we can try to set the standard in crypto land for transparency for the first time. This could be used in a huge positive backlash for PR please handle it and use it wisely after wards
October 30, 2014, 08:12:05 AM
Morning folks
Hmm... Looks like we need to get you all some details about how the premine has been spent and which address(es) you can all keep track of it on. It's pretty important that you're able to do this.
We'll need to wait until Dan's awake since I don't have any access to the premine. But I can tell you a few things:
- I will reveal that some of the premine has been used to pay me. It's a full time job, and I'm happy to be paid in XC.
- Dan is very likely to have paid XC to devs for various things.
- I don't think that Dan has used the premine for his own expenses. I actually think he *should* use it for his expenses, and I hope he has, but I'm not sure he has. He's specifically mentioned that XChat was developed out of his own funds.
Some pure speculation:
- I don't know how much of the premine is left, and how much might exist in BTC or another currency.
- It's possible that Dan diversified XC's funding to mitigate risk and/or to pay devs. Good plan in my opinion.
- It's possible that the premine could be used to generate profits on other coins, and thus replenish the premine.
Hmm... Looks like we need to get you all some details about how the premine has been spent and which address(es) you can all keep track of it on. It's pretty important that you're able to do this.
We'll need to wait until Dan's awake since I don't have any access to the premine. But I can tell you a few things:
- I will reveal that some of the premine has been used to pay me. It's a full time job, and I'm happy to be paid in XC.
- Dan is very likely to have paid XC to devs for various things.
- I don't think that Dan has used the premine for his own expenses. I actually think he *should* use it for his expenses, and I hope he has, but I'm not sure he has. He's specifically mentioned that XChat was developed out of his own funds.
Some pure speculation:
- I don't know how much of the premine is left, and how much might exist in BTC or another currency.
- It's possible that Dan diversified XC's funding to mitigate risk and/or to pay devs. Good plan in my opinion.
- It's possible that the premine could be used to generate profits on other coins, and thus replenish the premine.
I don't mind at all for you and the dev team to be paid with the premine. What I do mind is if you do this without stating publicly the amounts the addresses and the time you were/are paid.
This is just complying with the standards that the team itself set up to follow as per pizpie link with the addresses were mentioning that each expense was going to be public.
YOU AGAIN?
?NOW IT"S ABOUT PREMINE?
GOSHHHHH!!!!! I hope you dump your xc and block faster and go look for another coin, because you really hurt this coin with you idiotic posts.
Always make sure of a thing before posting... FUDER!!!!!
You know I never said this to anyone in here but now I will Fuck Off you and your idiotic FUDS accusations I'm one of the members that invested more in this thread and contributed the most with constructive criticism I don't remember you providing ibe inch if constructiveness for xc. If it was not for my posts in the block net thread you and many others might not have even had the 10% discount from CoinGateway. And now you are accusing me when first I did not bring up this and second all of us are concerned. You are just a blind idiotic fan boy at this point just go fuck yourself.
Now Teka you can delete this post and his post also.
Thank you
October 30, 2014, 08:11:58 AM
Thanks for the perspectives here everyone.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
The question for me is more like, to which extend was the premine used to move the price on exchanges but i guess no one will answere this question
Is this for real?
)))) October 30, 2014, 08:10:54 AM
We can now also see the that money was moved but no one knows where. Even if you state that you don't dumped it we have to believe you and as it seems believing in the XC team statements isn't the best idea at least when i look at the reddit statement and the premine wallet.
XC Block explorer identifies quite a few of the transactions as exchange addresses, for example:
727XC Mintpal 14.8.
715XC Mintpal 14.8.
4000XC Bittrex 25.8.
4000XC Mintpal 25.8.
550XC Mintpal 25.8.
2800XC Cryptsy 26.8.
481XC Mintpal 1.9.
4830XC Bittrex 3.9.
750XC Poloniex 18.9.
750XC MintPal 21.9.
750XC Cryptsy 21.9.
750XC Bittrex 21.9.
675XC Mintpal 22.9.
5000XC Mintpal 23.9.
26778XC
October 30, 2014, 08:09:58 AM
Thanks for the perspectives here everyone.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
The question for me is more like, to which extend was the premine used to move the price on exchanges but i guess no one will answere this question
October 30, 2014, 08:07:20 AM
Thanks for the perspectives here everyone.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
In retrospect I agree that it would've been best for the team to have prioritised how and what we communicate about spending the premine. I apologise on behalf of the team for having dropped the ball in this respect. I'm not sure whose responsibility this would've been, and that's part of what went wrong.
I'll wait until Dan is around and then talk to him about this.
We'll get back to you with info on what the premine has been spent on.
Would it be ok with you if we give a general summary? Accounting for every expenditure would take quite a while.
October 30, 2014, 08:07:10 AM
crypto is a special place. if you get paid from a premine you have to live with the fact that this salary isn't private. thats just part of the game. Arlyn you nitpicking regarding formulations annoys big time. a line like "we gonne pay some devs from the premine the next day" and the total amount for how many total work hours wouldn't be to much to ask. Its just the worst possible timing to do this the day after blocknet ipo. how stupid can one be.
btw the theorie of dan cashing out and moving to blocknet is nonsense since blocknet would be done with his reputation killed like that.
btw the theorie of dan cashing out and moving to blocknet is nonsense since blocknet would be done with his reputation killed like that.
Well put as always hoertest. This isnt the first time terrible timing has shown its ugly face and harmed XC.
and yes I completely agree about Dan.
October 30, 2014, 08:05:38 AM
Morning folks
Hmm... Looks like we need to get you all some details about how the premine has been spent and which address(es) you can all keep track of it on. It's pretty important that you're able to do this.
We'll need to wait until Dan's awake since I don't have any access to the premine. But I can tell you a few things:
- I will reveal that some of the premine has been used to pay me. It's a full time job, and I'm happy to be paid in XC.
- Dan is very likely to have paid XC to devs for various things.
- I don't think that Dan has used the premine for his own expenses. I actually think he *should* use it for his expenses, and I hope he has, but I'm not sure he has. He's specifically mentioned that XChat was developed out of his own funds.
Some pure speculation:
- I don't know how much of the premine is left, and how much might exist in BTC or another currency.
- It's possible that Dan diversified XC's funding to mitigate risk and/or to pay devs. Good plan in my opinion.
- It's possible that the premine could be used to generate profits on other coins, and thus replenish the premine.
Hmm... Looks like we need to get you all some details about how the premine has been spent and which address(es) you can all keep track of it on. It's pretty important that you're able to do this.
We'll need to wait until Dan's awake since I don't have any access to the premine. But I can tell you a few things:
- I will reveal that some of the premine has been used to pay me. It's a full time job, and I'm happy to be paid in XC.
- Dan is very likely to have paid XC to devs for various things.
- I don't think that Dan has used the premine for his own expenses. I actually think he *should* use it for his expenses, and I hope he has, but I'm not sure he has. He's specifically mentioned that XChat was developed out of his own funds.
Some pure speculation:
- I don't know how much of the premine is left, and how much might exist in BTC or another currency.
- It's possible that Dan diversified XC's funding to mitigate risk and/or to pay devs. Good plan in my opinion.
- It's possible that the premine could be used to generate profits on other coins, and thus replenish the premine.
I don't mind at all for you and the dev team to be paid with the premine. What I do mind is if you do this without stating publicly the amounts the addresses and the time you were/are paid.
This is just complying with the standards that the team itself set up to follow as per pizpie link with the addresses were mentioning that each expense was going to be public.
YOU AGAIN?
?NOW IT"S ABOUT PREMINE?
GOSHHHHH!!!!! I hope you dump your xc and block faster and go look for another coin, because you really hurt this coin with you idiotic posts.
Always make sure of a thing before posting... FUDER!!!!!
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