Quote from: allyouracid on April 28, 2015, 12:14:15 PM

Hey guys

I have watched the whole mess of BitcoinT and the chaos it left behind. Now I saw this thread, and I have a couple of questions to the community - I hope we can have a decent conversation, here.
What I really don't understand is the "why". Why did you consider to do a takeover?

Just to be clear: in my opinion, it's great that the opportunity exists for community takeovers. This way, promising projects can be (or tried to be) saved when the developer, as in this case, bails.
But this coin was still very young. A bigger community could not yet develop around the coin, and - to be honest - when I read the announcement thread, the first question that came into my mind was "what's this coin good for?". It had those "lottery style POS blocks", which other coins have, too. Other than that, I could not find anything innovative, any great functionality, extension of the blockchain or anything that looks in any way promising.

So, I wonder why the efforts were taken to save a project that has so little innovation to offer. I don't want to sound ignorant, but I'll ask my question anyway: is this an effort for holders to get a last chance to exit without kissing the whole spent money goodbye? Or is there more to it?

Would be nice if anyone can join the conversation. Maybe I have just overseen aspects which make it really worth continuing - any enlightenments in this direction would be highly appreciated.
Please don't misunderstand this post as fud or anything negative. I'm trying to stay objective and neutral while trying to understand the reasoning behind this.

Anyway, best wishes and good luck for the community takeover, whatever the reasons are.

I actually liked the coin a lot, so I think it is worth saving, sure I want to save my investment, but I have much bigger investments elsewhere and this is more about making it successful as a challenge than saving a couple BTC. Most alts are not Bitcoin competitors. There is Ripple and a couple others, then the rest are just trade coins and the value is entirely subjective, I think I will throw up if I see another CRAVE clone for example, they bore me now. This was a fun trade coin with massive popularity and volume before we got screwed over. Since it is trading on C-CEX, rather than dump my bags, I bought a bunch more. Lucky block staking is fun, sort of like gambling, or mining by staking, and I think it would be fun to revive and save it. The current price is so low there is potential for some serious profit now, and it will be infinitely safer than any random new coin that might have some scam dev making it. Safer and with solid potential upside, and fun. Maybe nothing much will come of it, but it could also evolve into a successful trade coin. Stranger things have happened!