ccs5t
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June 30, 2016, 01:32:26 PM |
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I am still debating whether I supported a scam here? There is hardly any volume and the price keeps crashing. If there were in fact any buy walls how could this be possible?
Have buy walls been used yet? Or is the dev team waiting to use them?
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thegreenone
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Activity: 56
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June 30, 2016, 01:39:52 PM |
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dolores is back in good form. I love it.
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TrueAnon
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Merit: 1000
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June 30, 2016, 01:43:36 PM |
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I do not care about who is back or not, etc. and all this forum bullshit. I just want to see some results from WAVES both in tech AND in price action (going up, not down for once). So screw everything else and make that important stuff matter! Also can someone post the devs updates posts from the WAVES slack/chat in here as many of us are not in that.
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TravelsAsia
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June 30, 2016, 01:44:54 PM |
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I am still debating whether I supported a scam here? There is hardly any volume and the price keeps crashing. If there were in fact any buy walls how could this be possible?
Have buy walls been used yet? Or is the dev team waiting to use them?
What part of what they said do you believe is a scam? Price and volume have NOTHING to do with if a project is a scam, it's market forces 101. In investor Series 7, Sasha mentioned a 1,000 BTC buy wall was placed. It could easily be eaten up by investors that thought this would be a 3x+ Lisk flip. When investors realized it was not or gambled on the fact others would feel that way and the price would drop, they left. I've been buying back around 22-24k, if it drops to 17k. I won't be scam accusing just bad trading on my part. I have a lot of criticisms I shared about their delivery but there's nothing to see here concerning scam. If the price shot up, less people would question it which is quite sad.
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Twiggy Smile
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June 30, 2016, 01:47:20 PM |
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I am still debating whether I supported a scam here? There is hardly any volume and the price keeps crashing. If there were in fact any buy walls how could this be possible?
Have buy walls been used yet? Or is the dev team waiting to use them?
The dev team is currently engaged in the development and promotion of the project. Some time ago, the funds were used for this (was spent about 1K BTC and buy-back about 3M Waves). After that waves team stopped using this method. And now I do not think that that is the best solution to use the funds to maintain price. These funds can be used for more important tasks.
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thegreenone
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Activity: 56
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June 30, 2016, 01:54:03 PM |
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I am still debating whether I supported a scam here? There is hardly any volume and the price keeps crashing. If there were in fact any buy walls how could this be possible?
Have buy walls been used yet? Or is the dev team waiting to use them?
The dev team is currently engaged in the development and promotion of the project. Some time ago, the funds were used for this (was spent about 1K BTC and buy-back about 3M Waves). After that waves team stopped using this method. And now I do not think that that is the best solution to use the funds to maintain price. These funds can be used for more important tasks. Its obvious this is not a scam. An oversubscribed ICO, perhaps.
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aldenpogi
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June 30, 2016, 02:00:03 PM |
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Watch that 100btc wall getting wrecked as btc price increases. Price will then go to hell.
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helloeverybody
Legendary
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Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
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June 30, 2016, 02:02:29 PM |
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I am still debating whether I supported a scam here? There is hardly any volume and the price keeps crashing. If there were in fact any buy walls how could this be possible?
Have buy walls been used yet? Or is the dev team waiting to use them?
I think buy walls is actually part of the reason the price has dumped so much. It does not inspire confidence to see one of dev's first moves (before waves withdrawals have even finished) was to transfer 6k BTC to exchanges, where it is out of view of public, and 1k BTC gets burnt on buy walls. There was no communication about what this 5k BTC was getting used for except for a very vague, "we're using it for development" What does that mean? Are you hiring people with this $3 million which disappeared to exchanges? Who are you hiring? What are these funds getting used for? Where are they going? To a bank account? Held in BTC balances on exchanges? Held as fiat balances on exchanges? Transferred into devs pocket? No one knows because there was very vague communication about this, and only after the transfers took place. That's the main reason people lost confidence and started dumping below ico. Trader bill has hit the nail on the head here. All we need is a bit of communicatio. I mean without all the shouting about scams waves could be a perfectly legitimate coin but why not explain where the funding is going? Did you hire new devs? A new pr guy? Or is there a new lambo sitting outside the house now?
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Twiggy Smile
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June 30, 2016, 02:12:30 PM |
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I am still debating whether I supported a scam here? There is hardly any volume and the price keeps crashing. If there were in fact any buy walls how could this be possible?
Have buy walls been used yet? Or is the dev team waiting to use them?
I think buy walls is actually part of the reason the price has dumped so much. It does not inspire confidence to see one of dev's first moves (before waves withdrawals have even finished) was to transfer 6k BTC to exchanges, where it is out of view of public, and 1k BTC gets burnt on buy walls. There was no communication about what this 5k BTC was getting used for except for a very vague, "we're using it for development" What does that mean? Are you hiring people with this $3 million which disappeared to exchanges? Who are you hiring? What are these funds getting used for? Where are they going? To a bank account? Held in BTC balances on exchanges? Held as fiat balances on exchanges? Transferred into devs pocket? No one knows because there was very vague communication about this, and only after the transfers took place. That's the main reason people lost confidence and started dumping below ico. Oh. Of course, full report will be provided about how the funds were spent.
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Twiggy Smile
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June 30, 2016, 02:15:50 PM |
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https://blockchain.info/address/3DWBSSAue32YS8PcW2gLs6m52BCCv3UgDADisappearing of roughly 6k BTC out of escrow on 16-06 and 18-06 (before withdrawals were finished or waves had even started trading on exchange), I think is what really sent investors into panic-dumping mode. There was no explanation or re-assurance about such a large transfer of funds out of public view at the time, so the market panicked. ###
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Twiggy Smile
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June 30, 2016, 02:18:38 PM |
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Yes exactly. Here is the ICO address: https://blockexplorer.com/address/3DWBSSAue32YS8PcW2gLs6m52BCCv3UgDAOf the 29,634 BTC raised, Waves has withdrawn/spent 18,271 BTC already! 18,271 BTC spent already, read that until it sinks in. That's roughly $11 mil USD, even if you calculate BTC at $600/ea. It's shocking to see the nodes having issues and any downtime with that spending. Where was this money spent? $11 mil USD?? I mean come on, that's enormous money, more than several alt ICO fundings combined. Entire companies make that much in a year, and it's gone from the Waves ICO account in less than a few weeks... and during that time, almost zero marketing, zero development updates (not considering changing a background image on the wallet or changing some text / version numbers). I'm in Silicon Valley. You can hire the best developers on earth for less than $11 million USD. The top developers at Google, Facebook, Apple, Tesla, etc. are not making that kind of money, and the Waves team burns through that without finding a lead dev and doing no marketing? And after all that, the nodes blacklist each other? Again, $11 million USD is not a small number. You should have ZERO downtime and ZERO maintenance with that number. And again where the fuck is the marketing?? A superbowl advertisement broadcast to 50 million viewers cost $2-$3 million USD. Imagine what you could seriously do with $11 million USD. I should be seeing Waves plastered over the Internet. Lisk did 100x more advertising with a fraction of the money. I call this a scam or complete idiocy.[/size] ###
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idolacchacked
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June 30, 2016, 02:19:00 PM |
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I am still debating whether I supported a scam here? There is hardly any volume and the price keeps crashing. If there were in fact any buy walls how could this be possible?
Have buy walls been used yet? Or is the dev team waiting to use them?
I think buy walls is actually part of the reason the price has dumped so much. It does not inspire confidence to see one of dev's first moves (before waves withdrawals have even finished) was to transfer 6k BTC to exchanges, where it is out of view of public, and 1k BTC gets burnt on buy walls. There was no communication about what this 5k BTC was getting used for except for a very vague, "we're using it for development" What does that mean? Are you hiring people with this $3 million which disappeared to exchanges? Who are you hiring? What are these funds getting used for? Where are they going? To a bank account? Held in BTC balances on exchanges? Held as fiat balances on exchanges? Transferred into devs pocket? No one knows because there was very vague communication about this, and only after the transfers took place. That's the main reason people lost confidence and started dumping below ico. Oh. Of course, full report will be provided about how the funds were spent. Twiggy i know you are only the messenger but..as i said yesterday announcement before action is taken is what's needed dont post after the fact ..it only looks made up
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pusaka
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June 30, 2016, 02:20:01 PM |
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OMG the waves is down everyday. dev whats are you doing?
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Twiggy Smile
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June 30, 2016, 02:20:14 PM |
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I am still debating whether I supported a scam here? There is hardly any volume and the price keeps crashing. If there were in fact any buy walls how could this be possible?
Have buy walls been used yet? Or is the dev team waiting to use them?
I think buy walls is actually part of the reason the price has dumped so much. It does not inspire confidence to see one of dev's first moves (before waves withdrawals have even finished) was to transfer 6k BTC to exchanges, where it is out of view of public, and 1k BTC gets burnt on buy walls. There was no communication about what this 5k BTC was getting used for except for a very vague, "we're using it for development" What does that mean? Are you hiring people with this $3 million which disappeared to exchanges? Who are you hiring? What are these funds getting used for? Where are they going? To a bank account? Held in BTC balances on exchanges? Held as fiat balances on exchanges? Transferred into devs pocket? No one knows because there was very vague communication about this, and only after the transfers took place. That's the main reason people lost confidence and started dumping below ico. Oh. Of course, full report will be provided about how the funds were spent. Twiggy i know you are only the messenger but..as i said yesterday announcement before action is taken is what's needed dont post after the fact ..it only looks made up The full report has not yet been announced.
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TrueAnon
Legendary
Offline
Activity: 1120
Merit: 1000
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June 30, 2016, 02:23:58 PM |
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I start to agree with coinbiz. WAVES team you have already a few weeks to get stuff going in the right direction, many ppl's time and patience is running out. If you had NO funding like solid real small coin/dev team then we can understand...but you have amazing ICO FUNDS to work with. Where is your results that twiggy keep mentioning?! I don't want just "community member" answer I want talk from WAVES guys and some plans for where this is going. The right way.
I'm still giving benefit of doubt because we know 90% of this shit is FUD/manipulation things on bittrex and on this forum. So I can only assume that is case for ALL this crap. I still hold and wait for magical price action!
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Twiggy Smile
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June 30, 2016, 02:24:01 PM Last edit: June 30, 2016, 02:55:30 PM by Twiggy Smile |
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https://blockchain.info/address/3DWBSSAue32YS8PcW2gLs6m52BCCv3UgDADisappearing of roughly 6k BTC out of escrow on 16-06 and 18-06 (before withdrawals were finished or waves had even started trading on exchange), I think is what really sent investors into panic-dumping mode. There was no explanation or re-assurance about such a large transfer of funds out of public view at the time, so the market panicked. ### Where the hell is this marketing? I'm not seeing it. Please tell me why your invisible marketing costs $3 million USD??? Show me the articles, the advertisements you paid for. You could buy a damn small business with that money. You haven't advertised shit. You guys are lying scum. Prove the ad spend. And what development? I haven't seen any major code pushed. Only bugs and downtime which conveniently corresponds to massive dumping on Bittrex. ### https://wavestalk.orgWavesplatform is coming to the Internet – This is what you need to know!https://wp.stakepool.com/2016/06/09/wavesplatform-is-coming-to-the-internet-this-is-what-you-need-to-know-bitcoin-kickstarter-wavesplatform/WAVES raises $2m in 24 hours in bid to take on permissioned blockchainshttp://www.ibtimes.co.uk/waves-raises-2m-24-hours-bid-take-permissioned-blockchains-1554785Blockchain platform WAVES partners with 'Swiss knife' Bitcoin wallet Myceliumhttp://www.ibtimes.co.uk/blockchain-platform-waves-partners-swiss-knife-bitcoin-wallet-mycelium-1558914WAVES blockchain raises $16m after 'tsunami of Bitcoins' floods last days of crowdsalehttp://www.ibtimes.co.uk/waves-blockchain-raises-over-16m-tsunami-bitcoins-flooded-last-days-crowdsale-1563973Blockchain Tokens Platform WAVES Launches Testnethttp://www.econotimes.com/Blockchain-Tokens-Platform-WAVES-Launches-Testnet-197793Blockchain Platform 'Waves' Partners With Bitcoin Wallet 'Mycelium'http://www.econotimes.com/Blockchain-Platform-Waves-Partners-With-Bitcoin-Wallet-Mycelium-205577Waves CEO Talks Raising $16m, Open-Blockchain Platform Potentialhttps://news.bitcoin.com/interview-waves-ceo-sasha-ivanov/Blockchain platform Waves raise more than $2m at the Start of the Crowdsale Campaignhttp://bitcoinist.net/blockchain-platform-waves-raise-more-than-2m-at-the-start-of-the-crowdsale-campaign/WAVES Blockchain-powered Platform Announces Partnership with Mycelium and CORE Mediahttp://coremedia.info/index.php/blockchain-news/item/248-waves-blockchain-powered-platform-announces-partnership-with-mycelium-and-core-media/248-waves-blockchain-powered-platform-announces-partnership-with-mycelium-and-core-mediaWAVES Platform - ICO Summary, Post-ICO Calendarhttp://coremedia.info/index.php/blockchain-news/item/257-waves-platform-ico-summary-post-ico-calendarWAVES - ICO Progress, Testnet Update, Roadmap, Ethereum Russiahttp://coremedia.info/index.php/blockchain-news/item/250-waves-ico-progress-testnetupdate-roadmap-ethereumrussiaWAVES Platform - Post-ICO Interview with Sasha Ivanov, Last Minute Updatehttp://coremedia.info/index.php/blockchain-news/item/255-waves-platform-post-ico-interview-with-sasha-ivanovWaves Launch at Exchanges, Network Security and Waves Lite Client Tutorialhttp://coremedia.info/index.php/blockchain-news/item/261-waves-launch-at-exchanges-and-network-security-lite-client-tutorialWAVES Launches The Best of Blockchain and Banking in One Platformhttp://coremedia.info/index.php/blockchain-news/item/258-waves-launches-thebest-of-blockchain-and-banking-in-one-platformThe new Mycelium wallet is integrating fiat currencies, debit cards, personal finance, and morehttp://bravenewcoin.com/news/the-new-mycelium-wallet-is-integrating-fiat-currencies-debit-cards-personal-finance-and-more/WAVES and Mycelium join forceshttp://bitscan.com/articles/waves-and-mycelium-join-forcesWAVES Token Platform Raised 5000 BTC in First Week of ICOhttp://cointelegraph.com/news/waves-token-platform-raised-5000-btc-in-first-week-of-icoBlockchain Platform WAVES Finishes ICO, Raises Over $16.000.000 USD in Bitcoinhttp://cointelegraph.com/news/blockchain-platform-waves-finishes-ico-raises-over-16000000-usd-in-bitcoin ############################## And what development? I haven't seen any major code pushed. Only bugs and downtime which conveniently corresponds to massive dumping on Bittrex.
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ShooterXD
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June 30, 2016, 02:24:36 PM |
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Whres is dev team working on ? This only dump
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thegreenone
Newbie
Offline
Activity: 56
Merit: 0
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June 30, 2016, 02:37:52 PM |
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I am still debating whether I supported a scam here? There is hardly any volume and the price keeps crashing. If there were in fact any buy walls how could this be possible?
Have buy walls been used yet? Or is the dev team waiting to use them?
I think buy walls is actually part of the reason the price has dumped so much. It does not inspire confidence to see one of dev's first moves (before waves withdrawals have even finished) was to transfer 6k BTC to exchanges, where it is out of view of public, and 1k BTC gets burnt on buy walls. There was no communication about what this 5k BTC was getting used for except for a very vague, "we're using it for development" What does that mean? Are you hiring people with this $3 million which disappeared to exchanges? Who are you hiring? What are these funds getting used for? Where are they going? To a bank account? Held in BTC balances on exchanges? Held as fiat balances on exchanges? Transferred into devs pocket? No one knows because there was very vague communication about this, and only after the transfers took place. That's the main reason people lost confidence and started dumping below ico. Trader bill has hit the nail on the head here. All we need is a bit of communicatio. I mean without all the shouting about scams waves could be a perfectly legitimate coin but why not explain where the funding is going? Did you hire new devs? A new pr guy? Or is there a new lambo sitting outside the house now? Yes exactly. Here is the ICO address: https://blockexplorer.com/address/3DWBSSAue32YS8PcW2gLs6m52BCCv3UgDA
Of the 29,634 BTC raised, Waves has withdrawn/spent 18,271 BTC already!
18,271 BTC spent already, read that until it sinks in. That's roughly $11 mil USD, even if you calculate BTC at $600/ea.
It's shocking to see the nodes having issues and any downtime with that spending. Where was this money spent? $11 mil USD?? I mean come on, that's enormous money, more than several alt ICO fundings combined. Entire companies make that much in a year, and it's gone from the Waves ICO account in less than a few weeks... and during that time, almost zero marketing, zero development updates (not considering changing a background image on the wallet or changing some text / version numbers).
I'm in Silicon Valley. You can hire the best developers on earth for less than $11 million USD. The top developers at Google, Facebook, Apple, Tesla, etc. are not making that kind of money, and the Waves team burns through that without finding a lead dev and doing no marketing?
And after all that, the nodes blacklist each other? Again, $11 million USD is not a small number. You should have ZERO downtime and ZERO maintenance with that number. And again where the fuck is the marketing?? A superbowl advertisement broadcast to 50 million viewers cost $2-$3 million USD. Imagine what you could seriously do with $11 million USD. I should be seeing Waves plastered over the Internet. Lisk did 100x more advertising with a fraction of the money.
I call this a scam or complete idiocy. Coinbiz - you botched your v0.3.0 -> v0.4.0 review (which I mistakenly followed). Might want to give it a few days before you start hurling bombs again.
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Crypto_MERC
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June 30, 2016, 02:39:32 PM |
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https://blockchain.info/address/3DWBSSAue32YS8PcW2gLs6m52BCCv3UgDADisappearing of roughly 6k BTC out of escrow on 16-06 and 18-06 (before withdrawals were finished or waves had even started trading on exchange), I think is what really sent investors into panic-dumping mode. There was no explanation or re-assurance about such a large transfer of funds out of public view at the time, so the market panicked. ### A 3-line explanation for a transferring of $3 million worth of funds out of public view was given 9 days after the transfer took place, and that was only after people were screaming about it and panic-dumping. I'm being serious, but this coinbiz guy is clearly bullshitting. You can obviously see the other 12,5k BTC which has been withdrawn still sitting on the blockchain in a 10k chunk and a 2,5k chunk. It's only 5k BTC which was moved out of public view. So it was sold for fiat on exchanges, and now it's being held as fiat balances on exchanges? Or has it been transferred out of exchanges to a bank account? What other explanation is there for Waves trading at 30% lower than the net asset value of the 30k BTC which Waves holds? Confidence factor is the only explanation I see. Which is a good thing, because I think confidence can be built with positive actions + good investment of funds, and the market will eventually forget about the rough start on bittrex. They will never disclose full details of their spending, no matter what they say. Or they will bullshit it after the fact.
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Soul_eater_123
Legendary
Offline
Activity: 952
Merit: 1000
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June 30, 2016, 02:57:50 PM |
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BTC is rising again. Don't be surprised if the price starts falling again.
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