Balitorium
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June 28, 2014, 10:20:09 AM |
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@virtuallann: you might want to remove that signature from your profile to avoid confusion, since you're no longer member of the CAIx Foundation after your dramatic public resign.
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virtuallann
Member
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Activity: 88
Merit: 10
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June 28, 2014, 10:23:37 AM |
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Yes thank you. You are right. @virtuallann: you might want to remove that signature from your profile to avoid confusion, since you're no longer member of the CAIx Foundation after your dramatic public resign.
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thenukemforall
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June 28, 2014, 10:23:48 AM |
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Haven't sold a coin for days. I'm sorry you feel you have to buy in to such a devalued price in hopes of a buy run to recoup losses on your original investment. I wish you luck. Whether the Dividend get paid was never my point. I have enough respect for the Foundation members that I fall on the side of believing it being paid out. If you read my original post today I never mentioned the Dividend. What I talked about was the lies and deception from Devs and Leadership(thoughts shared by other members) among other things. Feel free to buy, it's your money. Blah blah blah...
It's all going round in circles now. Why not just wait and see if the dividend actually gets paid out?
If it doesn't get paid = scam.
If it does get paid = buy the cheap CAIx.
I saw u dumped 10BTCs worth of CaiX at 23000 to 13000. I feel u must be burthurt for the money u lost. zero sum game buddy Virtualann, please, I'm an independant investor with a 15K Masternode, you already said what you had to say, so stop that now, and wait for Stulhmann plan for this mess recovery (i believe). You are just adding fuel to the fire trying to argue about your decision. It's pretty selfish, posting logs and so on. You wanted to save us but you are only pushing down and down. All is see here is that you are trying to save your reputation whatever the price. Thanks.
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virtuallann
Member
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Activity: 88
Merit: 10
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June 28, 2014, 10:30:16 AM |
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You do have point, I appreciate that. What just bugs me though is how Foundation members will admit what's going on privately and behind the scenes but not publicly after it's been exposed. Hang on to your node and hopefully you will get paid. Haven't sold a coin for days. I'm sorry you feel you have to buy in to such a devalued price in hopes of a buy run to recoup losses on your original investment. I wish you luck. Whether the Dividend get paid was never my point. I have enough respect for the Foundation members that I fall on the side of believing it being paid out. If you read my original post today I never mentioned the Dividend. What I talked about was the lies and deception from Devs and Leadership(thoughts shared by other members) among other things. Feel free to buy, it's your money. Blah blah blah...
It's all going round in circles now. Why not just wait and see if the dividend actually gets paid out?
If it doesn't get paid = scam.
If it does get paid = buy the cheap CAIx.
I saw u dumped 10BTCs worth of CaiX at 23000 to 13000. I feel u must be burthurt for the money u lost. zero sum game buddy Virtualann, please, I'm an independant investor with a 15K Masternode, you already said what you had to say, so stop that now, and wait for Stulhmann plan for this mess recovery (i believe). You are just adding fuel to the fire trying to argue about your decision. It's pretty selfish, posting logs and so on. You wanted to save us but you are only pushing down and down. All is see here is that you are trying to save your reputation whatever the price. Thanks.
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SnjafSnjaf
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June 28, 2014, 11:26:36 AM |
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Haven't sold a coin for days. I'm sorry you feel you have to buy in to such a devalued price in hopes of a buy run to recoup losses on your original investment. I wish you luck. Whether the Dividend get paid was never my point. I have enough respect for the Foundation members that I fall on the side of believing it being paid out. If you read my original post today I never mentioned the Dividend. What I talked about was the lies and deception from Devs and Leadership(thoughts shared by other members) among other things. Feel free to buy, it's your money. Blah blah blah...
It's all going round in circles now. Why not just wait and see if the dividend actually gets paid out?
If it doesn't get paid = scam.
If it does get paid = buy the cheap CAIx.
I saw u dumped 10BTCs worth of CaiX at 23000 to 13000. I feel u must be burthurt for the money u lost. zero sum game buddy Virtualann, please, I'm an independant investor with a 15K Masternode, you already said what you had to say, so stop that now, and wait for Stulhmann plan for this mess recovery (i believe). You are just adding fuel to the fire trying to argue about your decision. It's pretty selfish, posting logs and so on. You wanted to save us but you are only pushing down and down. All is see here is that you are trying to save your reputation whatever the price. Thanks. When you lose confidence in coin like this it is extremely hard to get it back since all serious investors will just stay away from CAIx! To many mistakes, poor leadership since CAIx transition, confusion, lack of communication and so on, is just to messy for any serious investing.
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SnjafSnjaf
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June 28, 2014, 11:38:57 AM |
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The word most often used in this thread
SOON
+1 That soon is taking over a month... Soon multipool, soon wallet, soon statements, soon recovery. Only true "soon" here is that after payment from nodes, dumping will be even bigger.
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RoscoeWins
Newbie
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Activity: 36
Merit: 0
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June 28, 2014, 12:19:25 PM |
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holy shit I come back from camping to see this lol here we go wait for it.... wait for it.... TOLD YOU SO! I knew this thing would crash and burn The word most often used in this thread
SOON
+1 That soon is taking over a month... Soon multipool, soon wallet, soon statements, soon recovery. Only true "soon" here is that after payment from nodes, dumping will be even bigger.
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zlobaio
Newbie
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Activity: 24
Merit: 0
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June 28, 2014, 12:55:41 PM |
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Okay, tell me again about the program and the price. Keep saying that the price does not matter because it is going to zero one buy order and the price will reach 0.0001, second will reach 0.00001. Then we expect the PSP program to recover the price 100 - 400 times. Well waiting to see this.
all buy orders. If there were games or someting we can buy with caix, that can make cai wanted then may be there will be some buy pressure. Now it looks as bye pressure.
0.00022441 56.71510336 0.01272743 0.00022223 402.35469028 0.08941528 0.00022200 20.00000000 0.00444000 0.00022050 500.00000000 0.11025000 0.00022000 1000.00000000 0.22000000 0.00021300 300.00000000 0.06390000 0.00021000 20.00000000 0.00420000 0.00020777 5023.66861221 1.04376762 0.00020701 1000.00000000 0.20701000 0.00020561 1000.00000000 0.20561000 0.00020548 3000.00000000 0.61644000 0.00020101 24.00000000 0.00482424 0.00020000 2500.00000000 0.50000000 0.00016100 400.00000000 0.06440000 0.00015002 300.00000000 0.04500600 0.00015001 9.00000000 0.00135009 0.00013300 600.00000000 0.07980000 0.00012100 400.00000000 0.04840000 0.00010212 500.00000000 0.05106000 0.00010211 500.00000000 0.05105500 0.00010000 5000.00000000 0.50000000 0.00001013 5000.00000000 0.05065000 0.00001012 5000.00000000 0.05060000 0.00000111 25000.00000000 0.02775000 0.00000011 100000.00000000 0.01100000 0.00000001 1000000.00000000 0.01000000
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Walrusbonzo
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June 28, 2014, 01:18:55 PM |
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holy shit I come back from camping to see this lol here we go wait for it.... wait for it.... TOLD YOU SO! I knew this thing would crash and burn The word most often used in this thread
SOON
+1 That soon is taking over a month... Soon multipool, soon wallet, soon statements, soon recovery. Only true "soon" here is that after payment from nodes, dumping will be even bigger. Your name says it all, RoscoeWins
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AltCoinSpeculation
Member
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Activity: 85
Merit: 10
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June 28, 2014, 01:30:09 PM |
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What's happening with this coin, looks like some have dumped.. ? Does it still hold any promise?
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Walrusbonzo
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June 28, 2014, 01:41:10 PM |
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What's happening with this coin, looks like some have dumped.. ? Does it still hold any promise?
No idea, we don't have any solid answers other than Joseph is still 100% behind the coin.
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Mulroney
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Activity: 15
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June 28, 2014, 02:15:06 PM |
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Ok, this is a huge blow, but it's not the end of the world. If this coin is legitimate and the devs still support the coin, we have to face the fact that someone scammed us about the two additional miners. But let's do the math and figure out what Joseph's miner is capable of at these prices.
Using the same figures from the original PSP document, one Titan miner should create 21.9 BTC per month. At a current price of 0.00014 BTC, that single miner could purchase 151,761.90 CAIx per month. Is it as good as three miners? No. But considering the current price of CAIx, it makes a dent.
I never purchased CAIx with the idea that I was purchasing a "currency". There are 1000+ coins all trying to be a currency and CAIx in that regard has nothing special about it. However, if you look at it more as a stock that pays dividends, this organization has potential. The Titan miner could hypothetically destroy about 10% of the coins in circulation over the next ten months. If you combine that with other projects and the developers can get back in their groove and create value again (think Tiny Elementals), those dividends could continue supporting the price and the "coin".
I believe we all got scammed, investors and the foundation (although the foundation seems to have known about it first). But I'd just like to point out that once the dust settles, this could work.
I also propose we end the "masternode" idea with this current round. Any dividends paid to shareholders should be done by destroying coins (share buybacks rather than dividends), and investors should be kept up-to-date on a weekly basis of such destructions. I also suggest the Foundation keep investors abreast of any huge changes. Something this large like the investor with 2 miners reneging is grounds for an immediate announcement. This was not handled well. But I am not dumping at this price, so I hope some of these comments and suggestions are heard.
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thenukemforall
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June 28, 2014, 02:53:58 PM Last edit: June 28, 2014, 03:35:14 PM by thenukemforall |
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Ok, this is a huge blow, but it's not the end of the world. If this coin is legitimate and the devs still support the coin, we have to face the fact that someone scammed us about the two additional miners. But let's do the math and figure out what Joseph's miner is capable of at these prices.
Using the same figures from the original PSP document, one Titan miner should create 21.9 BTC per month. At a current price of 0.00014 BTC, that single miner could purchase 151,761.90 CAIx per month. Is it as good as three miners? No. But considering the current price of CAIx, it makes a dent.
I never purchased CAIx with the idea that I was purchasing a "currency". There are 1000+ coins all trying to be a currency and CAIx in that regard has nothing special about it. However, if you look at it more as a stock that pays dividends, this organization has potential. The Titan miner could hypothetically destroy about 10% of the coins in circulation over the next ten months. If you combine that with other projects and the developers can get back in their groove and create value again (think Tiny Elementals), those dividends could continue supporting the price and the "coin".
I believe we all got scammed, investors and the foundation (although the foundation seems to have known about it first). But I'd just like to point out that once the dust settles, this could work.
I also propose we end the "masternode" idea with this current round. Any dividends paid to shareholders should be done by destroying coins (share buybacks rather than dividends), and investors should be kept up-to-date on a weekly basis of such destructions. I also suggest the Foundation keep investors abreast of any huge changes. Something this large like the investor with 2 miners reneging is grounds for an immediate announcement. This was not handled well. But I am not dumping at this price, so I hope some of these comments and suggestions are heard.
+1 i'm with you on this. I'm not in Caix because it's another currencey like other one, but becasue it's a Cryptostock. The investor with the 2 titans promise probably scammed us, you are right. His intention was to help a pump group to rise the price imo.
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virtuallann
Member
Offline
Activity: 88
Merit: 10
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June 28, 2014, 04:26:43 PM |
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Actually the investor bailed on CAIx because of poor decisions and lack of results from the leadership and development team. He pulled his mining support, sold all his coins and basically said he will not touch CAIx again. This happened in the wake of the Silk Coin copy and paste blunders after we were told the devs were working so hard on this update. Ok, this is a huge blow, but it's not the end of the world. If this coin is legitimate and the devs still support the coin, we have to face the fact that someone scammed us about the two additional miners. But let's do the math and figure out what Joseph's miner is capable of at these prices.
Using the same figures from the original PSP document, one Titan miner should create 21.9 BTC per month. At a current price of 0.00014 BTC, that single miner could purchase 151,761.90 CAIx per month. Is it as good as three miners? No. But considering the current price of CAIx, it makes a dent.
I never purchased CAIx with the idea that I was purchasing a "currency". There are 1000+ coins all trying to be a currency and CAIx in that regard has nothing special about it. However, if you look at it more as a stock that pays dividends, this organization has potential. The Titan miner could hypothetically destroy about 10% of the coins in circulation over the next ten months. If you combine that with other projects and the developers can get back in their groove and create value again (think Tiny Elementals), those dividends could continue supporting the price and the "coin".
I believe we all got scammed, investors and the foundation (although the foundation seems to have known about it first). But I'd just like to point out that once the dust settles, this could work.
I also propose we end the "masternode" idea with this current round. Any dividends paid to shareholders should be done by destroying coins (share buybacks rather than dividends), and investors should be kept up-to-date on a weekly basis of such destructions. I also suggest the Foundation keep investors abreast of any huge changes. Something this large like the investor with 2 miners reneging is grounds for an immediate announcement. This was not handled well. But I am not dumping at this price, so I hope some of these comments and suggestions are heard.
+1 i'm with you on this. I'm not in Caix because it's another currencey like other one, but becasue it's a Cryptostock. The investor with the 2 titans promise probably scammed us, you are right. His intention was to help a pump group to rise the price imo.
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murderouskirk
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June 28, 2014, 04:37:15 PM |
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Actually the investor bailed on CAIx because of poor decisions and lack of results from the leadership and development team. He pulled his mining support, sold all his coins and basically said he will not touch CAIx again. This happened in the wake of the Silk Coin copy and paste blunders after we were told the devs were working so hard on this update. Ok, this is a huge blow, but it's not the end of the world. If this coin is legitimate and the devs still support the coin, we have to face the fact that someone scammed us about the two additional miners. But let's do the math and figure out what Joseph's miner is capable of at these prices.
Using the same figures from the original PSP document, one Titan miner should create 21.9 BTC per month. At a current price of 0.00014 BTC, that single miner could purchase 151,761.90 CAIx per month. Is it as good as three miners? No. But considering the current price of CAIx, it makes a dent.
I never purchased CAIx with the idea that I was purchasing a "currency". There are 1000+ coins all trying to be a currency and CAIx in that regard has nothing special about it. However, if you look at it more as a stock that pays dividends, this organization has potential. The Titan miner could hypothetically destroy about 10% of the coins in circulation over the next ten months. If you combine that with other projects and the developers can get back in their groove and create value again (think Tiny Elementals), those dividends could continue supporting the price and the "coin".
I believe we all got scammed, investors and the foundation (although the foundation seems to have known about it first). But I'd just like to point out that once the dust settles, this could work.
I also propose we end the "masternode" idea with this current round. Any dividends paid to shareholders should be done by destroying coins (share buybacks rather than dividends), and investors should be kept up-to-date on a weekly basis of such destructions. I also suggest the Foundation keep investors abreast of any huge changes. Something this large like the investor with 2 miners reneging is grounds for an immediate announcement. This was not handled well. But I am not dumping at this price, so I hope some of these comments and suggestions are heard.
+1 i'm with you on this. I'm not in Caix because it's another currencey like other one, but becasue it's a Cryptostock. The investor with the 2 titans promise probably scammed us, you are right. His intention was to help a pump group to rise the price imo. Yeah pretty convenient how he found a reason to back out after he realized it wasn't about to pump by itself eh? Fancy that..
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fedmahnkassad
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June 28, 2014, 04:38:38 PM |
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I warned Stuhlman what would happen here on this thread immediately after the Masternodes idea was announced, but he told me I did not understand the math behind it. Oh, well.
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virtuallann
Member
Offline
Activity: 88
Merit: 10
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June 28, 2014, 04:54:48 PM |
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Ya because a completely moronic decision to copy another coin and release it as "weeks of hard work" isn't a good enough reason not to sink 20k in mining hardware into this coin. It was just a "convenient" time to pull out right? What is really convenient is that CAIx leadership "forgot" to tell us all when they found out. This investor had the good sense to get out when he did. Actually the investor bailed on CAIx because of poor decisions and lack of results from the leadership and development team. He pulled his mining support, sold all his coins and basically said he will not touch CAIx again. This happened in the wake of the Silk Coin copy and paste blunders after we were told the devs were working so hard on this update. Ok, this is a huge blow, but it's not the end of the world. If this coin is legitimate and the devs still support the coin, we have to face the fact that someone scammed us about the two additional miners. But let's do the math and figure out what Joseph's miner is capable of at these prices.
Using the same figures from the original PSP document, one Titan miner should create 21.9 BTC per month. At a current price of 0.00014 BTC, that single miner could purchase 151,761.90 CAIx per month. Is it as good as three miners? No. But considering the current price of CAIx, it makes a dent.
I never purchased CAIx with the idea that I was purchasing a "currency". There are 1000+ coins all trying to be a currency and CAIx in that regard has nothing special about it. However, if you look at it more as a stock that pays dividends, this organization has potential. The Titan miner could hypothetically destroy about 10% of the coins in circulation over the next ten months. If you combine that with other projects and the developers can get back in their groove and create value again (think Tiny Elementals), those dividends could continue supporting the price and the "coin".
I believe we all got scammed, investors and the foundation (although the foundation seems to have known about it first). But I'd just like to point out that once the dust settles, this could work.
I also propose we end the "masternode" idea with this current round. Any dividends paid to shareholders should be done by destroying coins (share buybacks rather than dividends), and investors should be kept up-to-date on a weekly basis of such destructions. I also suggest the Foundation keep investors abreast of any huge changes. Something this large like the investor with 2 miners reneging is grounds for an immediate announcement. This was not handled well. But I am not dumping at this price, so I hope some of these comments and suggestions are heard.
+1 i'm with you on this. I'm not in Caix because it's another currencey like other one, but becasue it's a Cryptostock. The investor with the 2 titans promise probably scammed us, you are right. His intention was to help a pump group to rise the price imo. Yeah pretty convenient how he found a reason to back out after he realized it wasn't about to pump by itself eh? Fancy that..
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thenukemforall
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June 28, 2014, 04:58:52 PM Last edit: June 29, 2014, 07:53:47 AM by thenukemforall |
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Ya because a completely moronic decision to copy another coin and release it as "weeks of hard work" isn't a good enough reason not to sink 20k in mining hardware into this coin. It was just a "convenient" time to pull out right? What is really convenient is that CAIx leadership "forgot" to tell us all when they found out. This investor had the good sense to get out when he did. Actually the investor bailed on CAIx because of poor decisions and lack of results from the leadership and development team. He pulled his mining support, sold all his coins and basically said he will not touch CAIx again. This happened in the wake of the Silk Coin copy and paste blunders after we were told the devs were working so hard on this update. Ok, this is a huge blow, but it's not the end of the world. If this coin is legitimate and the devs still support the coin, we have to face the fact that someone scammed us about the two additional miners. But let's do the math and figure out what Joseph's miner is capable of at these prices.
Using the same figures from the original PSP document, one Titan miner should create 21.9 BTC per month. At a current price of 0.00014 BTC, that single miner could purchase 151,761.90 CAIx per month. Is it as good as three miners? No. But considering the current price of CAIx, it makes a dent.
I never purchased CAIx with the idea that I was purchasing a "currency". There are 1000+ coins all trying to be a currency and CAIx in that regard has nothing special about it. However, if you look at it more as a stock that pays dividends, this organization has potential. The Titan miner could hypothetically destroy about 10% of the coins in circulation over the next ten months. If you combine that with other projects and the developers can get back in their groove and create value again (think Tiny Elementals), those dividends could continue supporting the price and the "coin".
I believe we all got scammed, investors and the foundation (although the foundation seems to have known about it first). But I'd just like to point out that once the dust settles, this could work.
I also propose we end the "masternode" idea with this current round. Any dividends paid to shareholders should be done by destroying coins (share buybacks rather than dividends), and investors should be kept up-to-date on a weekly basis of such destructions. I also suggest the Foundation keep investors abreast of any huge changes. Something this large like the investor with 2 miners reneging is grounds for an immediate announcement. This was not handled well. But I am not dumping at this price, so I hope some of these comments and suggestions are heard.
+1 i'm with you on this. I'm not in Caix because it's another currencey like other one, but becasue it's a Cryptostock. The investor with the 2 titans promise probably scammed us, you are right. His intention was to help a pump group to rise the price imo. Yeah pretty convenient how he found a reason to back out after he realized it wasn't about to pump by itself eh? Fancy that.. This investor, with his 2 titans, represented 2/3 of the value of the whole PSP. So the major part. it's evident if he left CAIx, it would crash. And he knew that ! So he just hadn't enough patience to wait for the Titan to be delivered ? Seriously. And don't tell me that that he left because of the devs being slow. Only news and hype move markets. Releasing a wallet will probably not change anything. Hype for new wallet is usally low. 3 Titans on the multipool yes. This fucker is the real reason why many believed in CAix, and he fucked off all of us with his promises. No it's time to move on and find another solutions.
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murderouskirk
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June 28, 2014, 04:59:28 PM |
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Ya because a completely moronic decision to copy another coin and release it as "weeks of hard work" isn't a good enough reason not to sink 20k in mining hardware into this coin. It was just a "convenient" time to pull out right? What is really convenient is that CAIx leadership "forgot" to tell us all when they found out. This investor had the good sense to get out when he did. Actually the investor bailed on CAIx because of poor decisions and lack of results from the leadership and development team. He pulled his mining support, sold all his coins and basically said he will not touch CAIx again. This happened in the wake of the Silk Coin copy and paste blunders after we were told the devs were working so hard on this update. Ok, this is a huge blow, but it's not the end of the world. If this coin is legitimate and the devs still support the coin, we have to face the fact that someone scammed us about the two additional miners. But let's do the math and figure out what Joseph's miner is capable of at these prices.
Using the same figures from the original PSP document, one Titan miner should create 21.9 BTC per month. At a current price of 0.00014 BTC, that single miner could purchase 151,761.90 CAIx per month. Is it as good as three miners? No. But considering the current price of CAIx, it makes a dent.
I never purchased CAIx with the idea that I was purchasing a "currency". There are 1000+ coins all trying to be a currency and CAIx in that regard has nothing special about it. However, if you look at it more as a stock that pays dividends, this organization has potential. The Titan miner could hypothetically destroy about 10% of the coins in circulation over the next ten months. If you combine that with other projects and the developers can get back in their groove and create value again (think Tiny Elementals), those dividends could continue supporting the price and the "coin".
I believe we all got scammed, investors and the foundation (although the foundation seems to have known about it first). But I'd just like to point out that once the dust settles, this could work.
I also propose we end the "masternode" idea with this current round. Any dividends paid to shareholders should be done by destroying coins (share buybacks rather than dividends), and investors should be kept up-to-date on a weekly basis of such destructions. I also suggest the Foundation keep investors abreast of any huge changes. Something this large like the investor with 2 miners reneging is grounds for an immediate announcement. This was not handled well. But I am not dumping at this price, so I hope some of these comments and suggestions are heard.
+1 i'm with you on this. I'm not in Caix because it's another currencey like other one, but becasue it's a Cryptostock. The investor with the 2 titans promise probably scammed us, you are right. His intention was to help a pump group to rise the price imo. Yeah pretty convenient how he found a reason to back out after he realized it wasn't about to pump by itself eh? Fancy that.. Dude... just stop already.. you've made your point (the same point) like 40 times now. We get it.. the Foundation decided to wait to tell everyone about the two titans till they had a way to do it in a less damaging light. You thought that was wrong and blew the whistle hard as you could (in a very damaging way). Just let us try to recover, you're not helping anybody but yourself at this point.
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