This I, surprisingly, agree with. And something to think about, maybe by alternating eating sell walls one month then setting buy walls the next might be good and cause good organic growth.
I should have looked at this (buyback) a bit more closely. I assumed the team had purchased from the sell walls at the last buy back. Frankly I'm astounded they didn't and this needs to be fixed ASAP.
Setting buy walls using the buyback money is pointless. The whole basis of the coin and the reason a lot of us bought in was the idea that sell walls would be purchased as a means of raising confidence in the price and creating upward momentum. Simply creating orders at prices below the current sell orders is just retarded (and actually making it below the ICO price is an insult to those of us who invested in it). It only serves to push the price down and implies that the SMAC team don't have confidence in their own coin.
These things can easily be corrected and I would appreciate some clarity from the team on the matter. I would also like the team to look at adding people with real experience in advertising as new members - given that this a coin based on an advertising model it is kind of ironic that so few people know about it. This needs to be remedied sooner rather than later.
Furthermore I think a real name (yes I will continue to bang on about this) and a half decent logo would go a long way towards creating the right kind of impression. The current name/logo look like they were created by a child and despite being beloved of the "Yes" men on this thread do nothing to advance SMAC in the "adult" world.
Until real people start buying into SMAC it will continue to be dormant and unfortunately the lack of volume will kill it before it gets anywhere.
First of all, this kind of caustic and aggressive post does nothing to further discussion.
Second, I frankly resent being called a "yes" man. As I showed, I do have my own opinions and do not necessarily agree with everything that the team does. My recent post disagreeing with the team about their policy of putting up buy walls is a case in point.
However, you will notice that in that post, I presented my idea as a "suggestion" that I hoped the team would consider, whereas in your post you present your idea as something the team 'needs' to do, and then you end by insulting both their design and their logo.
The SMAC team has worked their asses off coming up with a road map and logo and name and on and on, and they continue to work behind the scenes to make this project come to fruition while you and I sit back and do nothing.
So if you have ideas or suggestions, then please by all means suggest away. I would love to hear your ideas and I know the team feels the same way. But if you are going to come on here and call names and tell the team that they need to do this and that.....well, let's just say I think that's the wrong approach and leave it at that.
And by the way, just because I like the name and the logo and you don't, does not make you right and me a "yes" man. I do very much like the name and the logo and I know others on here feel the same. Others dislike the name and logo, and that's fine too but ultimately it is up to the team to decide.
Actually screw it I am maybe being a little bit crabby. So apologies if the tone is harsh. I just feel very strongly about these things because I think this could be really big. Anyway I really think changing the name and logo will help just trust me on this.