Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [TRON] Positron --- Real World Crypto Startup - Anon Beta Test Now
by
cryptowest
on 24/04/2015, 17:31:30 UTC
Okay, well now that you've put it like that I understand where you're coming from. It's unfortunate though that one has to adopt the "if you can't beat them, join them" mantra on this sort of stuff.

It's true that disgusting individuals like Bobsurplus (and I don't say that lightly, I have done a bit of background checking on the guy, he's completely vile) are having an enormously detrimental effect on crypto. He basically sucks the life out of many coins and many many newbie investors too who end up so burned they leave never to return to this circus we're all involved in. I know what we're dealing with here (investing in things like Tron and/or pretty much any alt) is devoid of so much of the integrity that regulators like the SEC demand of IPOs and the behaviour of public company boards/directors etc. We can't begin to know what we're really getting into in terms of who the actual large wallet holders are and what the dev's "investors" expect/will demand of him, so it's quite a gamble and makes for very nervous coin holders who're ready to dump at the slightest indication things may not be well. Everyone's hoping for a Crave-like pump so the whole coin supply (almost) sits on a hair trigger for the most part.

Anyhow, thanks for your explanation. I still don't condone any form of organised collusion and wouldn't take part in it myself, but I do understand what you're thinking is and why it's perhaps a necessary evil.

I agree, and that's why I'm trying to make this more of a transparent project by doxing myself and registering the business legally in the US, also looking into any relevant IRS/SEC laws, I have another meeting with a lawyer tonight. Progress is being made on the latter and proof will be posted ASAP.