I must be the only one to think it is good news, I was hoping for. We need less crypto, more Moby.
BTCA wants real investors, not crypto-traders, that's why BTCA is so rude (extremely rude) in his letter, tweets and so on, just to wipe them out. It is darwinian selection. It has been months since he said he was looking for less CEO. I even didn't go in slack anymore because of 99 % noise, with people mentionning @group for whatever "news" and sometimes open conflicts, even if we can't really say they were trolls.
Attracting VC was impossible. A VC won't share the pie with 150 "CEO"... I saw it dozens of times in VC. Originally, entrepreneurs always have too many projects, clients or small investors. A few months later, they have to stop the most money and time consuming projects, clients, and find an exit for smallest investors (It is always rude, sometimes with a discount...).
The price will go as low as possible in the next future, and BTCA will be as rude and challenging as possible. But price is not value. Except if you have a loan to payback, you shouldn't bother. If 80 % were crypto-traders, it is normal that the price is 80% down.
It is just my opinion, I can be totally wrong, be a stupid bagholder and fully misunderstanding BTCA's vision. I can still change my mind if BTCA become too much selfish, retarded and if it is just the first step before btca's capitulation. And I would perhaps be upset if I haven't made at least breakeven or if I had significant savings in Archcoin.
Note : I am what is called a CEO
Why defending mr soares ? you're part of the scam?
BTC architect has a shady reputation and i'm not surprised at all he scammed the community.
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