RISK MANAGEMENT 101: Don't expect short term gains in very risky assets, but keep a long term point of view and assume the funds are already lost.

Exactly how I feel right now. I mined over 600 EXP (instead of ETH, even though higher profitability) during the summer and I held it for many months. However, I sold it a few days ago, moved on to other coins and I finally started seeing some profit from here and there. EXP used to be 3-4 USD at some point, but I didn't sell it because I saw a lot of potential in this project. I truly believed that it was an undervalued project and coin so I waited, thinking that the value would go up really soon, but nope... I'm really naive sometimes.

I bought back some EXP from the profit I've made with other coins, and I'm going to HODL, but I've lost a lot of hope.

Sorry.

I will forever have pure hate in my heart for EXP. While about 99% of the crypto coins went x5-x20 in USD value in the past 4 months, EXP went from 3 USD to 2 USD. It hurt me every day and the pain doesnt go away, with no light at the end of the tunnel.

I dont even wanna calculate how much ive lost .... and missed out on, trusting this project.

there will always be people which are going to undermine the other, EXPanse Community is strong and isnt going anywhere, we are at the
Pinnacle of Change and we will see EXPanse rising and moving ahead.

I didn't ask anything regarding the tiered ICO, and i didn't participate in the conversation at all. I just read it the other day and reminded it.

Show me a screenshot of me saying even a single word on that topic, it doesn't exist. Probably a lot of other things you think i did also didn't happen.

I've been in crypto since early 2014 and i've also seen everything, and this project disappointed me.

As for my motives, i explained them already. I came here to vent my frustration because it was the only place left to do so, and because you responded with personal attacks (and still are), i keep coming back do defend myself.

I was already done with this 3 posts ago so do us both a favor and stop saying i did stuff i didn't do so we can end this.

I'm not trying to patch things up with you or get back into the slack, i could make a new account but i have no interest in following the project any further. I apologized for that specific instance because if anything of the sort happened i take responsibility for it, and i'm not going to let my account get slandered like that.

I've said it before and i'll say it again, if i kept asking it's because you didn't answer my question sufficiently. The team has a long-standing pattern of answering questions without actually saying anything, or just trying to discredit whatever the source was.

I've seen it happen to other people as well, for example the guy who was asking about the Tokenlab price bonuses for larger investments. He didn't mean anything bad, just wanted your point of view and the conversation turned incredibly toxic.
In like 3 sentences the conversation turned to slandering Vitalik Buterin, because he said something like ICO's with bonuses don't understand how it works, instead of answering the question. What in the actual hell. It wasn't the guy asking the question who made that toxic, it was the team's reaction.

It's such a cop-out answer to say "there can be no utopia". It's a way of saying everything you do is as possible and whatever bad stuff happens is not your fault, it's again very fitting for the attitude of the team. There's always something to improve.

What do you all think, will it ever take off from the low levels its sitting at right now...it went from 160k satoshi ATH down to 10k,

what it lacks?

As i said, show me exactly how this happened. I'm not a person to bash a charity and again if i said anything to undermine the charity i apologize. Whatever way my comments came across i can assure you i didn't mean to badmouth the charity.

You think you're open to ideas but in reality you're not, i saw it on the slack all the time. Someone says something and team member will say 'great feedback, we're going to do that!'. And then nothing happens with it. Then if people start to ask further questions you get more and more annoyed.
Or in that case, maybe you are open to ideas, but you don't process them, and then get annoyed when people are still asking for it.

Another thing that often happens is someone asks you a question, you give a partial answer which doesn't really answer the question, they keep asking and the team gets annoyed. As a result the conversation gets more bitter with each response. The person asking the question doesn't feel understood and the team members feel attacked (somehow).

Now i'm the kind of person who will not let something like that go and i'll keep bringing it up until something actually happens or until i get an actual answer, and that's how i frustrated you. I never meant to do or say anything bad or particularly critical but the team's constant avoiding reaction steered the conversation that way.

I'm part of many communities and nowhere do i have a problem like this, most are very friendly and positive. There's something wrong with the way you handle certain community members - if you handle it well a situation like this can at all times be avoided. You can say it's my responsibility to keep the peace but it really isn't, its yours because it's mainly in your interest.

I mean, it isn't just me. I've seen team members be horrible to other members on the slack too. It's always the people who ask sensitive questions though. You have to find a way to deal with that. As a dev team you can't allow yourself to feel attacked that easily.

Maybe you should take a look at how other dev teams deal with community feedback/questions/concerns.

Franko, how many people are currently active in the EXP team??

Now you're just making stuff up, post a screenshot. For the record i always thought the charity was a nice thing and if i did anything to attack it i apologize.

Why are you even trying to discredit me anyway. I haven't said anything that isn't either true or my honest opinion and now i'm being accused of 'concern trolling' and attacking a charity?

That's low man, really low. If anything is toxic in the community it's this right here.

Prrrrft is just salty he got banned from the slack for concern trolling. This is literally all he has ever done in the expanse slack. Atleast a few times a week he would do this. Ask anyone from the EXP chat.

True that. But I think that ban isn't constant, they're going to open the market for cryptocurrency in nearest future. Let's cross the fingers anyway.

Pffrt,
I agree with you on every point.
2 months ago I did some research on Expanse progress and many planned deliverables have been delayed for 2-3-4 months.
The roadmap and information about infrastructure dApps were moved to less transparent locations. It is unclear whether identity and social networking dApps will be ever released by Expanse.
TokenLab platform already misses the deadline for Nov-Dec, no ICOs are on sight and hopefully that will not change.
I also asked sensitive questions and the reaction was the same - going on personal attacks rather than answering the technical details I was interested in.

Not really, the team is all over the place. Tokenlab, website redesign, DAO, EXP.Pay, EXP.Life, VoteLock, whitepaper, marketing, EXR.... Honestly i'm losing track of all the things they are attempting.

NONE of these things are finished. Note that most of these products were announced in the beginning of this year, and NOTHING has been delivered, except EXR. Most of them haven't even started yet!
I've tried talking to them about it but they get frustrated and don't want to listen, and eventually kicked me out of the slack.

A good project has a clear roadmap and clear goals. The Expanse team tries to do everything at the same time and as a result everything is half-assed.

They were supposed to launch a roadmap in June. After half a year not even a draft has been released. How do you even operate without a roadmap???

There is just a complete lack of direction - there is no capable CEO is able to oversee the big picture and prioritize the steps needed to get to the goal.

I used to like this project but it turned out to be the biggest disappointment of all my investments, nothing substantially happened after giving them a year to accomplish something, and i know nothing's going to change because they make the same mistakes again and again.


Some things have happened and there are some ICO's lined up, so things are slowly progressing, but man it could have been so much more, and so much better. The product i expected when i invested initially was and is still great, but i have little confidence it will ever get there. At some point someone will get a similar idea and execute it better, and Expanse will be lost. Like NXT was lost to NEM.

Honestly they are not scammers, they mean well but they are just completely incapable of managing a project. Let alone something of this magnitude.



Then why am i writing this? Well this message has 2 purposes:
1) To point investors in the right direction - which things to look at when they have invested.
2) To hope that the team gets their shit together: Understand what you're doing, why you are doing it, and prioritize. Figure out, in detail, what the hell you want to build and how it will work. Then make a step by step plan with SMART goals to get there.



Now in response to this message they are going to say: He is a shill, paid by Ubiq or whatever. But they will not look at their process and try to figure out what they're doing wrong. They dropped 200 spots on CMC and still think it's because "BTC is doing so well", or "People are paid to make us look bad".
I'm not a shill, i'm not paid by anyone - my account is almost 4 year old. I'm just terribly, terribly disappointed.

It is so weird. In April I've put Expanse in one line with Lisk. And thought the EXP have more chances to the Moon than LSK. But... Why EXPANCE not in one line with LISK now?

I will make a simple comparison   

1- Exp  size exp 7,906,397   amount 1,078 BTC  $16,959,379 USD    Price $2.15 USD  why why why Why there is no interest in them



now


2 - IOTA size IOTA 2,779,530,283  amount  750,757 BTC   $11,811,502,756 USD  Price   $4.25 USD

3- Populous size Populous 41,252,246  amount  66,530 BTC  $1,046,705,613 USD  Price    $25.37 USD

4- Waves  size Waves 100,000,000  amount   51,690 BTC   $815,287,000 USD  Price    $8.15 USD

5- Vertcoin Size Vertcoin 41,904,900  amount    20,582 BTC  $324,641,032 USD  Price  $7.75 USD

6- Decred  Size Decred  6,315,863  amount     19,567 BTC   $308,620,877 USD    Price   $48.86 USD


There are many but all these currencies have risen in price with a rise Bitcoin


Why Why Why Why Still down  Price Exp



 

Already sent some mail and filled the SEC report, do it too.
Everything around expanse and all, are lies, since the start.
Glad tokenlab failed, people are not that dumb.