Bitsinmyhead
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August 01, 2013, 08:45:21 PM |
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Just WOW! I cannot believe this, the developers changed the rules of the game mid game? You gotta be fing kidding me. I just dumped the 4k coins I had on the exchange, rest will be dumped once it hit it. This is totally unfair and extremely shady. If something similar had been done with Bitcoins or a serious coin it would have been dead. Lucky for you Phenix guys only stupid people are left holding them.
I have been extremely patient waiting and listening to all the hype surrounding this coin, been let down every single week with empty promises, but up until now at least I knew I was holding a coin with fair rules. Well guess what it is not even that anymore. Not even a warning was given, the developers didn't even ask anyone if this was a good idea...
To sum it up: The developers are not only completely useless and cannot finish any project, but they are also so stupid they don't have a clue on how to make a coin fair. This is just like a central bank saying lets start running the printing press in double speed.
WHAT A JOKE!
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jdebunt
Legendary
Offline
Activity: 1596
Merit: 1010
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August 01, 2013, 08:52:14 PM |
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well i updated my client, we'll see what it brings once this outrage has calmed down
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schmelix
Newbie
Offline
Activity: 49
Merit: 0
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August 01, 2013, 08:57:35 PM |
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Serious?! You are kidding right!
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apbyte
Member
Offline
Activity: 84
Merit: 10
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August 01, 2013, 08:58:07 PM |
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with fiat currencies it is called - DEVALUATION by 40%
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Bitsinmyhead
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August 01, 2013, 09:03:07 PM |
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Good job good effort guys! Just doing exactly what cryptos were supposed to not do. Randomly devalue the currency! I am extremely pissed
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chondrite
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August 01, 2013, 09:05:31 PM |
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I've been following PXC since inception. This is the worst news yet...and there have been some serious fuck ups in the past.
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thef
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August 01, 2013, 09:09:43 PM |
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Decreasing block times without decreasing reward is a huge mistake. I had a lot of confidence in phenixcoin when it started off, but that trust has been slowly fading away. This is just the final nail in the coffin.
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Pmalek
Legendary
Offline
Activity: 2912
Merit: 7514
Playgram - The Telegram Casino
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August 01, 2013, 10:04:02 PM |
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Just sold my coins too! Way to go PXC, that is the right way to lose the investors! Bravo!!!! Very unprofessional.. At least now I have some free money to invest more in DGC!
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FiNaLize
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August 01, 2013, 10:26:25 PM |
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These DEvs are terrible!! Seriously Nazwish1 MaGNet Joerii , you are being hurt here by this retargeting, watch your backs as these devs will backstab you when they want!
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Whuzz
Member
Offline
Activity: 66
Merit: 10
Kimoto for president!
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August 01, 2013, 10:32:25 PM |
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These DEvs are terrible!! Seriously Nazwish1 MaGNet Joerii , you are being hurt here by this retargeting, watch your backs as these devs will backstab you when they want!
you said only one dev but now devs are terrible? hurt by retargeting? i read they agree on it, must know something we don't don't judge, you know shit, only bash
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Digital currency of the future!
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nviere
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August 01, 2013, 10:41:29 PM |
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Have been quiet for some time but this is really bad. Just removed my buy orders. Please change it back!
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zackclark70
Legendary
Offline
Activity: 868
Merit: 1000
ADT developer
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August 01, 2013, 10:51:53 PM |
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I am now very glad I sold all my pxc the other week
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Pmalek
Legendary
Offline
Activity: 2912
Merit: 7514
Playgram - The Telegram Casino
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August 01, 2013, 10:56:16 PM Last edit: August 01, 2013, 11:46:03 PM by Pmalek |
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Bye Bye PXC 0.00024 and falling... Edit: Didnt expect this! Emptied buy side Reached 0.00007 LOL
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RussianInsomnia
Newbie
Offline
Activity: 14
Merit: 0
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August 02, 2013, 01:25:45 AM |
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Bye Bye PXC 0.00024 and falling... Edit: Didnt expect this! Emptied buy side Reached 0.00007 LOL It wont even rest in peace. It will rest pieces
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portice
Legendary
Offline
Activity: 999
Merit: 1000
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August 02, 2013, 01:32:12 AM |
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Bye Bye PXC 0.00024 and falling... Edit: Didnt expect this! Emptied buy side Reached 0.00007 LOL You made some happy individuals if you sold at that
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panoss
Newbie
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Activity: 28
Merit: 0
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August 02, 2013, 06:39:22 AM |
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I don't know about you guys but this also shakes my trust for Feather and World coin too.I would suppose that the Phenix team went through a discussion before that move with the whole team. If they did and the team accepted that move :Bad news as sthg similar could happen to Feather and World too If they didn't that means the team isn't really a team and everyone goes as he wants Am i wrong? I would appreciate an official answer
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JohnCar (OP)
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August 02, 2013, 07:08:11 AM |
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I don't know about you guys but this also shakes my trust for Feather and World coin too.I would suppose that the Phenix team went through a discussion before that move with the whole team. If they did and the team accepted that move :Bad news as sthg similar could happen to Feather and World too If they didn't that means the team isn't really a team and everyone goes as he wants Am i wrong? I would appreciate an official answer
Since you asked a legit question this was a move by PXC only. WDC and FTC found out after the fact. Even though we are in a partnership each coin is responsible for its own identity. I am not going to go into details because things will get twisted, spun and i aint doing it. So no reason to drag FTC or WDC threw the mud. If this community is to grow you have to start thinking out side of the box. There is a whole world out side of this community. This effected Me and and Mike more then anyone. Don't get me wrong i understand why everyone is pissed. But we did what we seen we needed to do and now its done. John
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TIT coming soon..............
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Bitsinmyhead
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August 02, 2013, 09:34:10 AM |
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Since you asked a legit question this was a move by PXC only.
Because you seem to be answering legit questions I have a couple too. 1. Why was the block reward not reduced at the same time as you reduced the reward generation time? That would have kept how many coins were created each day stable and would have been fair. 2. How are anyone to trust that you guys do not randomly alter reward generation and other stuff in the future? It does not seem anyone can know how many coins will be in circulation at any time the way you are operating. Also, your track record for keeping your word is kinda shaky. Most of the stuff you have promised and your time limits have never been kept. Also the outright lie about DDOS protection you told the first time you did not meet the UNOCS time limit is not good. At that point in time you must have known there would be no UNOCS in "the next 24 hours". I think we who have supported the coin up until this point deserves an apology for this and the least you can do is answer the above questions.
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ghostlander
Legendary
Offline
Activity: 1241
Merit: 1020
No surrender, no retreat, no regret.
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August 02, 2013, 11:31:18 AM |
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This effected Me and and Mike more then anyone. Don't get me wrong i understand why everyone is pissed. But we did what we seen we needed to do and now its done.
This is weird and simply alogical. You did something what screwed many people of your community, and these people are your investors whether you like it or not. You did not discuss the patch with them. You did not announce it well ahead of time. You still have time to fix the patch, but you say it's done and get over. What do you expect in return?
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zackclark70
Legendary
Offline
Activity: 868
Merit: 1000
ADT developer
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August 02, 2013, 12:28:46 PM |
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do you know how bad a position you hove stuck some of your biggest supporters in ?
you are hurting you biggest supporters with out them you coin is nothing !!!
I did have a very long message to post here but to be honest I don't want to devalue pxc anymore
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