Post
Topic
Board Announcements (Altcoins)
Re: Official Anoncoin chat thread (including history)
by
tomothy
on 04/08/2015, 12:32:10 UTC
I'm out of this game,  but if somebody told me before I jump in ANC to be careful , I would be very grateful, thinking these days, I could give him all BTC I lost in ANC.
I lost my precious time too, that is worst part for me.

So, newbies , u dont have to send me any BTC : )   just take pump if it happens. I never did, I wasnt a trader, just believer in ANC and sweet words of devs (which I have all saved in PMs and copied texts from IRC)

If u read them for a 2 minutes , u would understand what I'm talking about.

Once again, and last warning from me , be careful and take care of your precious BTC   Smiley

Regards

That can be said about any coin and most investment opportunities.

I would disagree to a certain extent;
Since specific timeframes were given, people expected issues to have been worked out by those timeframes... They weren't. They have still not been fixed and people got burned. Have any live updates gone out either before or after the most recent 'fiasco'? My understanding is the coin is still subject to mining manipulation/gaming rewards system and does not have zerocoin implemented? I know this issue and many other are slated to be fixed eventually w/ the new updates... but the community is still waiting. I think there were some material misrepresentations of facts possibly bordering on fraudulent/negligent behavior but whatevs this is crypto and buyer beware but still... don't piss on my leg and tell me it's raining, talk straight w/ your community.

I think the recent approach of coin leaders of not providing firm deadlines and just updating information in a delayed fashion on Github makes a lot  of sense from a security standpoint from all views. There are no promises which people will get pissed at for failure to deliver. The delay protects whatever developments have been made to the coin code from getting stolen by other alts and does not lead to pump/dump mentality. Also, an interesting point is when you examine TOR and look at how it has been subverted/compromised you question the underlying transmission rail system. Some may be upset about Meeh spending more time working on I2p and his 'abandonment' of ANC, but you need a secure foundation to build a system on top of. Bottom line, if i2p continues with development and ANC is updated to function through said system, it will be effective until and if I2p is compromised like TOR but are there really any realistic alternatives? Darkcoin?Monero?Shadowcoin?Dash? At least they have interesting names...