Quote from: earthpet on May 16, 2016, 10:59:43 AM

Quote from: pc888 on May 16, 2016, 08:37:26 AM

Quote from: thoth-Atlantian on May 14, 2016, 09:38:34 PM

Quote from: earthpet on May 14, 2016, 01:35:53 PM

How many Bata are owned by the lead developer of this coin?

How ever many he mined over the last year....

Quite a few I would imagine Shocked

Yes quite a few Wink

I have given some BTA away in the past and paid people for services using BTA.

Why do you ask? @earthpet

Well, I imagine asking a similar question of Warren Buffett.

"Warren, how many Berkshire Hathaway shares are owned by you?"

He would tell you the exact amount. That amount would be a lot. He knows that the decisions he makes for the company will affect him disproportionately greater than other investors. Investors receive confidence from that knowledge. Berkshire Hathaway is now one of the largest companies in the world and Warren Buffett is one of the richest humans in the world.

In contrast, there is a coin called Bitz. The developer abandoned that coin to devote more time to a new coin that he started with an ICO (Bitz didn't have an ICO). The developer complained that too few people held too many coins. So, rather than reward those few people who believed in his coin enough to save it from ruin, he decided to screw them. Sadly, he didn't seem to have enough Bitz of his own to justify saving the coin.

So, to answer your question, I am asking to try and figure out if I am investing in a coin that is being developed by someone who thinks more like Warren Buffett, or someone who is more like the Bitz coin developer.

Yes I see now, more like Warren Buffett.

Abandoning BTA is not an option, or making fake ICO's or scam coins to prop up BTA is not in the plan.

The blockchain is also like a time line, or one could say a time stamp, you can't hide the truth.

The truth is rock solid and not fabricated. We have a solid foundation, which can stand the test of time.

We will prevail and emerge as a victor for those who want to be part of a success.