Bloomberg released a video showcasing the proof of concept of their product:

https://youtu.be/B5txB21TQNg

The press released giving executive summary:

https://docs.google.com/document/d/1MRqY8SuKzUqsxQTti3gyGQjjjQdlgaPrdsm4zP14-NA/edit

The project looks interesting, trading has started on tidex.com with only small supply available.

Public service announcement Derrend and Ivan don't own any chaincoin and are looking to buy it on the cheap

Derrend, we know that the codebase has been dormant, but for developers, it is really not a big deal to bring the coin codebase up to date, based on bitcoin and dash or pivx codebase, so the kind of FUD about git commits is irrelevant to the value of the coin; that is just the way it is.

Look at codebases from all coins forked from bitcoin, 99% of the code is the same, so this kind of analysis won't make you do the good picks.

People concerned because of no development can put their BTC (which is falling) in coins they believe in, only buy CHC if you are going to hold it.

M.Minor, no offense but you are not bringing much in your posts here.

If you are interested to know what the devs are up to, do some research, like googling, or joining their slack group.

If you are just trying to bring that coin down (and obviously not even owning any so you can't dump it) then focus on the rest of your portfolio which is loosing value as the total market cap is going downward.

Those that invested in chaincoins 10 days ago or even just few days back are in very good position and I think it is all which matters along the fact that a community which will support further development is gathering setting up their masternodes, buying coins in current trading channel.

Have a happy day.

His share is allegedly low, with about 30k CHC, so not much will happen.

If you own CHC, then sell it for nice profit, what is your point in trying to get people to dump their coins by writing mindless messages like this?

Most people who sold chunks of CHC on the way up in past days are probably regretting it to some extent.

Large stake holders are actually understanding that they should put buy walls with a share of their profits to sustain the price, and of course, if they feel inclined, retract some coins from their supply to new smaller share owners.

The more individuals invest a small share in CHC, the more large holders can retract safely from the market, which makes the market a place for holders and sensible profit takers.

What is the point in dumping a large quantity if you can sell off small chunks at a time and still be at tremendous profit if you were holding before the price started going up?

It sounds like you don't have CHC anymore so what you are saying might not be super relevant to people interested in that token.

I don't want to disrespect your opinion, but you seem a bit biased. Chaincoin is a fork of DASH codebase, sure it might not be up-to-date because the main developer has been inactive, but how does that make it a shitcoin and how is DASH not a shitcoin then?

The way I see it is that most coins out there are forks of bitcoin, with some additional features cross bred from other projects, it doesn't take so much efforts to see codebase upgraded to more recent core (bitcoin, dash, etc.) implementations.

The code for all those coins is opensource and it takes only a motivated C++ developer to contribute updates to the codebase.

My understanding is that people on all coins are shilling or bashing on coins based on superficial or shallow elements, going by those standards there aren't many coins that have strong intrinsic value, yet most people are doing speculation on the market place trying to take profit and dump as soon as profit figure sounds right.

What is happening on chaincoin is that a large amount of people are acquiring the supply, from people who are eager to take profit, hopefully the people buying at all stages will stay true to the principle of holding the coin for long run, as it has been the way for most coins to move up in terms of market value.

Those who are feeling jealous because people got a cheap masternode need to look at history of all masternode coins, where the same has been occuring over and over, for CHC the uptrend has been fast (days instead of month) but I don't see a difference with other similar coins in the fact that early adopters got masternode very cheap and can churn out decent residual income due to the fact they have been holding.

People who have negative emotion about the whole thing are better to refrain from spreading those, you can post rationale disclaimer and explain soundly why you won't invest or would invest, but spreading negative emotion without much grounding ("such coin is a shitcoin, period") don't help even yourself if you are holding crypto currencies in the grand scheme of things as it make it sound like a way more riskier and murky place than it should actually be.