I dont think you guys understand why people are dumping and to be honest it blows my mind. It's simple, its nothing to do with the quality of the product, its how the messages are delivered and sometimes, the content.
Mistake 1, the late Rev 2 release, huge mega dump.
Mistake 2, promises new road map during the weekend, proceeds to make almost THE SAME mistake by revealing the new road map late on Sunday.
Mistake 3, road map is pretty much the same thing as the first one, just presented differently. Lets be serious, that is what took a few days to wait for and also with no ETA?
In the meantime no one seems to acknowledge the fact that there are other coins around that people can make short term money from while XC is floundering. People are able to make serious money in the crypto market but cannot do that if their money is tied in XC, and that is why they dump.
Its not a whale dumping, its people that want to make money and dont want to wait months.
This is little to do with Cloak or Dark
Please for goodness sakes have some sort of Focus Group to test how people will receive your announcements, it really is bad the way they're being delivered. Also, when you say 'weekend release' you better make sure you release that news on a Saturday and not late on a Sunday.
This perspective doesn't adequately explain the facts.
- the announcement of Rob Kremers? Big news, huge dump.
- all the other non-minor announcements lately? Dumps right on the news.
Look up my posts and compare their times with the dumps on Mintpal. It's obvious.
I'm not particularly interested in discussing the complexities of expectations and deliveries. I've stated my opinion on this already, and I think that the reactions to our announcements have mostly to do with the circulating of misinformation and with the mysterious dumps. Your interpretation here rides upon these facts instead of preceding them.
There is literally no need to discuss the complexities of expectation and deliveries, theres absolutely nothing to gain from it. You know your job, you're going to do your job the way you want to and investors will act accordingly in their best interests, end of. As I said, the reason is simple, whether anyone wants to except it or not, that's their choice. Its not only a whale that's dumping, while I do not dispute that there has been heavy manipulation of the XC coin (my post history will confirm as much), these dumps and price slumps are more than that.
At the end of the day, for the majority of people this is all about making money as quick as possible (as safely as possible for the smarter ones). The daily updates that have been proposed is probably the best way forward to ensure confidence and stability in XC.
