Really great coin with really bad dev

[TheToadStoole]

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?

[maeusi]

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.

[TheToadStoole]

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 

[g4r1n1m]

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

[Hamphser]

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.

[TheToadStoole]

He's a ninkapoop sitting an 8 million premine of a 17 mil circulation

IS IT A SCAM?? 

[QFT]

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?

[Joel_Jantsen]

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.

[vaso11]

Well if you really like the coin but you see that the coin will fall you can sell it to redeem cheaper

[etter]

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.

[Marvell1]

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.

[TheToadStoole]

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
 

[anasso]

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

[TheToadStoole]

My only hope is some knight in shining armour hard forking the coin so I can get back my money someday then

[swissgang]

Unfortunately you should dump it to hell, if the developer is really bad, there is nothing else for this coin. Team is more important.

[TheToadStoole]

https://pasteboard.co/GPHkITT.jpg

Some nice graphics for the coin looking sleek 

[DanWagner]

If the dev is bad i don't see why it should go up , and why buy a coin with a huge premine?.

[TheToadStoole]

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.   

[vaso11]

I believe that there can be no such thing that the project is good, but it was created by the bad team

[Cherrysan]

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.