Post
Topic
Board Altcoin Discussion
Re: BARR dev does not appreciate humour. brief analysis of BARR process.
by
bumbacoin
on 08/02/2016, 05:28:18 UTC
would you invest in an alt where the dev /dev team own a vast majority of coins?
also, in this case, where it seems that the swap protocol is advantaging that team.

the seeming advantage is NOT just because you're investing real money, but because the process uses what results in a pre-pump to attain a new value and hence a more advantageous swap value.

ie if you buy at 20, pump, then swap at 50, your pump gives you an advantage swap value than if you swapped at 20.
then if you personally held a large quantity of those coins, the improved swap ratio is very appreciable.

this is what it looked like with ACP, where you bought quantities of coin before it was officially announced, and below the final swap ratio.

this is what it can look like no matter how you argue real money nor motivations.


you say, the barr team owns most of the addresses, but they are not obviously obvious. if you want a long term coin, it is advantageous to build trust by revealing them.
yes you can follow every transaction, but block chains do not lend themselves to easy analysis. once you have multiple hundreds of transactions of Barr that task will be more tedious than it is now with ony 125 transactions.

most investors are cynical. either looking at a short term pump, or judging motivations and behaviours behind the coin etc.


have you considered the problem of the coin team owning so many coins, and do you have a plan to spread the distribution ratios?
this question was slightly mangled in it's prior form as number 3. :p

a strong appearing coin is one thing, but if it's foundations are weak then the likelihood is that it will not succeed.


you seem to misunderstand the swap ratio issue
, to an extent i've hopefully expanded more above.

but the other point, is that according to your plan, there will be less Barr distributed for later coin swaps. - resulting in a lower swap ratio
this also corresponds with coins that you will personally own less of as you are now apparently out of bags. - quite possibly resulting in a lower swap count, and cynically can be seen as a reason not to pump a coin so high.
and also you seem to imply that future pumps will not be anywhere near exciting as you will not be investing btc in the same manner. - resulting in a lower swap ratio


this will result in you receiving a far better swap ratio for the coins that you personally ownedand have swapped, than future others will for coins they own.

whether this system is deliberately planned to advantage you or not, you have a strong advantage by burning your personal coins first.
it is not the swap itself, it is the manipulation of market price and setting of ratio's that create that advantage.


--
you continue to trumpet monetary values, and how strong Barr will be. yet you claim zero profit.
that is entirely true, until you decide to sell all the coins, that from a cynical perspective, you have artificially created a market price for whilst advantaging yourself to get those coins.


--
i am coming to these questions/viewpoints from a cynical perspective.
through your answers i get a lesser cynical view. you seem to be usefully attempting to add value. but to what end i do not hazard to guess.

obviously the methodology in any system can be questioned.
at this point, i would like to strongly point out that it is incredibly easy to look cynically at Barr and that any work you do towards making it less cynical will be to your advantage.

lol. you're still a troll though Cheesy