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TheToadStoole (OP)
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October 16, 2017, 06:38:03 PM |
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what to do  i want to see a return on my investment but the dev does nothing with coin  im talking about dbtc debitcoin. Fundamentally its a great coin but the developer is useless  what would you do? |
BTC: 161Zvrpcbk5WuFeMTZGMDPw9gArTg2xn65
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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maeusi
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October 16, 2017, 06:44:24 PM |
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It is "traded" on three exchangers: Yobit, novaexchange and trade satoshi. Whole trade volumen is 269$ right now, so I fear, you can't do anything. Seems to be a "shitcoin".
But nevertheless I wish you best luvk to get back your investnent.
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TheToadStoole (OP)
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October 16, 2017, 06:46:17 PM |
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It is "traded" on three exchangers: Yobit, novaexchange and trade satoshi. Whole trade volumen is 269$ right now, so I fear, you can't do anything. Seems to be a "shitcoin".
mostly i agree its shit because dev is shit but the coin itself is good |
BTC: 161Zvrpcbk5WuFeMTZGMDPw9gArTg2xn65
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g4r1n1m
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October 16, 2017, 06:47:15 PM |
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what to do i want to see a return on my investment but the dev does nothing with coin im talking about dbtc debitcoin. Fundamentally its a great coin but the developer is useless what would you do? just check if they are alive .. if not , invest in other coins meanwhile so you get back you money  |
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Hamphser
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October 16, 2017, 06:50:56 PM |
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what to do i want to see a return on my investment but the dev does nothing with coin im talking about dbtc debitcoin. Fundamentally its a great coin but the developer is useless what would you do? You cant do anything about it specially if the dev doesnt put any interest on his creation after making money.This thing do usually happens and we can able to see there are lots of potential coins do exist but ending up on dying because dev dont tend to continue or just securing up their bags and left all behind.For those investors you cant do nothing if the price would really dump hard.This is always part of the risk if we do tend to invest into these coins or projects.We wont know if they would continue or progress or not. |
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TheToadStoole (OP)
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October 17, 2017, 07:14:03 PM |
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He's a ninkapoop sitting an 8 million premine of a 17 mil circulation IS IT A SCAM?? |
BTC: 161Zvrpcbk5WuFeMTZGMDPw9gArTg2xn65
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QFT
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October 17, 2017, 07:15:57 PM |
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He's a ninkapoop sitting an 8 million premine of a 17 mil circulation IS IT A SCAM?? I don't know about the ins and outs of this project. But if the dev owns half the coins in circulation, why would anyone want to invest? |
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Joel_Jantsen
Legendary
 Offline
Activity: 1876
Merit: 1308
Get your game girl
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October 17, 2017, 07:16:32 PM |
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what to do i want to see a return on my investment but the dev does nothing with coin im talking about dbtc debitcoin. Fundamentally its a great coin but the developer is useless what would you do? - Ask the founder to remove the dev or hire a new one. - Those changes will only take place if rest of the investors feel the same way. - Also,pretty sure there would be a contract signed between the Founder and the Dev which will have it's own set of objectives. - If I was you,I'd fork the coin and start programming it myself.Or you can always hire a programmer to do that. |
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vaso11
Full Member
Offline
Activity: 322
Merit: 100
Deal Coin - P2P Lending Eco-system
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October 17, 2017, 07:22:20 PM |
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Well if you really like the coin but you see that the coin will fall you can sell it to redeem cheaper
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etter
Newbie
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Activity: 48
Merit: 0
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October 17, 2017, 07:25:41 PM |
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If nothing suggested by Joel suits you or you simply don't have sufficient knowledge, I think you have two other options: 1) Wait and see how the situation plays out, cause a shitty developer is still a developer and better than nothing, maybe some new ones will join or he will be blessed with some bright ideas and start investing more effort. 2) Wait for some pump, sell and consider that as experience. Best of luck to you.
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Marvell1
Legendary
Offline
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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October 17, 2017, 07:34:01 PM |
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There can't be great project with bad devs. Project is a team, teamwork! If they are not good project will die for sure or will be bleeding for a long time.
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TheToadStoole (OP)
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October 17, 2017, 07:39:42 PM |
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Thanks for all the comments guys. Really helpful. So unfortunately the dev is the founder and I think Im the only investor with enough capital to care that the project is going nowhere. I don't see anyway of booting him off the project. I'm not knowledgeable of programming or anything of the sort. I just invest in crypto. Also I pretty much cant even sell the coins I have as the wallet is always in maintenance on yobit and the only other exchange is nova where there just isn't enough volume to start selling. Good point on the dev owing half the coins  unfortunately I really believed in the bull of it being used to "develop" the coin. Unfortunately in 2 whole years now, the dev hasn't done squat other than make a twitter account with about 2 follower, it's really pathetic. You even have to turn off virus scanner to use the wallet as there is a bug and he hasn't bothered to even fix that. Im just stuck with my money sitting idle when I could be using to invest in other more worthwhile projects.  and what's even worse you cant even comment on the coin without him throwing a strop and deleting comments |
BTC: 161Zvrpcbk5WuFeMTZGMDPw9gArTg2xn65
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anasso
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October 17, 2017, 07:44:36 PM |
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the big advantage of cryptocurrecys is decentralization!
so if another dev see potential in this coin he can make a hard fork and let first dev enjoying his older bad coins!
everyone has the knowledge can change things in cryptoworld
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TheToadStoole (OP)
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October 17, 2017, 07:45:58 PM |
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My only hope is some knight in shining armour hard forking the coin so I can get back my money someday then  |
BTC: 161Zvrpcbk5WuFeMTZGMDPw9gArTg2xn65
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swissgang
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October 17, 2017, 07:56:50 PM |
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Unfortunately you should dump it to hell, if the developer is really bad, there is nothing else for this coin. Team is more important.
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DanWagner
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October 19, 2017, 08:21:45 PM |
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If the dev is bad i don't see why it should go up , and why buy a coin with a huge premine?.
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TheToadStoole (OP)
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October 19, 2017, 08:26:50 PM |
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If the dev is bad i don't see why it should go up , and why buy a coin with a huge premine?.
The premine is for sustaining future development. It's a self sustaining coin and not a sellout dump coin as evident since it's going strong since it's inception 2 years ago, the coin increase 100 times in value in the last year. The numbers just add up perfectly. 26 million coins in existence creating good vibrant grounds for trade.  It's just a solid coin but needs a better dev. This coin could even be big without a good dev, it's just self sustaining and on a strong trajectory of growth. |
BTC: 161Zvrpcbk5WuFeMTZGMDPw9gArTg2xn65
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vaso11
Full Member
Offline
Activity: 322
Merit: 100
Deal Coin - P2P Lending Eco-system
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October 19, 2017, 08:50:02 PM |
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I believe that there can be no such thing that the project is good, but it was created by the bad team
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Cherrysan
Newbie
Offline
Activity: 9
Merit: 0
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October 19, 2017, 09:37:18 PM |
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If you are not in immediate need of your investement money and you believe in the project, I would say hold. It once happened to me that I sold my 12000 coins of a project which seemed dead because the dev was idle for a long time. Then he got back and the coin had a 100%+ growth in a day.
But if you need the remaining money now to invest on something else which you believe will go better, then it could be good to get it out, if the project is solid enough. Still, I would say hold.
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