Post
Topic
Board Announcements (Altcoins)
Re: Bitmark
by
Este Nuno
on 08/04/2015, 14:15:59 UTC
the chart looks like just another pump and dump.

That's because it was Pumped & Dumped. I don't know for sure who was behind it, but Mark (and possibly others) was aware that it was happening.

Here is a conversation I had with him in August when he was asking for "developer loans." Knowing what I know now, I'm glad that he didn't take it. Sounds like I never would have seen my BTM again.

Eh, that was August well before the period in September when BTM had it's big run up. The whole thing ended being blown out of proportion and what actually happened was some of the people we feared as 'pumpers' just ended up becoming valuable members of the community.



Finally we learnt that Nathan had been involved in multiple coins without them knowing much about each other WOLF, BTM, GMC. There is now a suspicion he's also involved with other coins, artos, federacoin, metalcoin, and many more, and has been doing this over and over.  


Yeah, no one knew about WOLF, but it was also many months before BTM and from Mark's explanation on slack it seemed to come to a reasonably amicable conclusion well before BTM was launched.

I forgot to copy Mark's explanation about what happened on slack, and slack removed the text from my view when I remembered to do so. But I asked schnoetzel to save it and I think he was able to do so. If he sees this and wants to dump it here or on a pastebin or something that might add some clarity for people here.

He wasn't really ever officially involved in GMC as a developer or anything, he was mostly attempting to get other people working on building value in to it and then have the GMC that BTM community members held fund BTM development. In theory it sounded like a pretty good idea and I thought that it was going to benefit BTM development a lot and enable funding for multiple devs.

After reading his explanation on slack I tend to believe that he's telling the truth when he says he was only developing BTM since launch. I don't really view him seeking out funding sources to be a negative at all, and actually at the time I thought it was commendable that as the lead person of BTM he was going to get things done one way or another even if he failed to meet previous milestones and had to pay other developers to get things shipped.

GMC got badly messed up with multiple forks and needed someone to come and fix the blockchain and the client. and Mark did that together with a GMC dev recently. He ported it over to Pfennig and fixed up whatever needed to be fixed.

I don't know about any other projects that he's supposed to be involved with. What's the evidence for all those ones you listed? So far the narrative lines up with my experience, but I'm willing to consider any possibilities.