Quote from: GetVisaCoin on June 01, 2016, 10:20:43 AM

Quote from: Come-from-Beyond on June 01, 2016, 06:36:48 AM

Quote from: GetVisaCoin on June 01, 2016, 03:10:28 AM

@CfB, can you explain how someone can be 20x on a purchase of software?

Like this - http://kotaku.com/holy-grail-of-rare-video-games-found-in-a-goodwill-fo-473730982 - for example.

According to http://www.lexology.com/library/detail.aspx?g=d1ff4369-afcc-4879-97fa-7a8afd8b3380 you have the right to resell iotas.

OTC deals escrowed by me were done at 20x+ of the original iota price.

@CfB, those links didn't restore my faith in the direction you and David seem to want to take IOTA in, but it's your project, so I wish you both well.

I believed I bought tokens for the IOTA network, and I want that network to succeed, and I believe all those who work behind the scenes deserve compensation, and I think a 5% premine is the way to achieve that. Up until a couple of days ago I believed in the direction you guys were headed.

However, things have changed in the last few days. I don't like being handcuffed to a potential outcome I can't control where the 5% target isn't met, so you and David fork IOTA, and even though I paid my 5% donation, my investment in tokens/software is worthless through no fault of my own, and, a new corporatised reboot of IOTA exists that I hold no stake in, even though I sent you bitcoins in good faith.

I didn't know about this condition for a 5% community donation for the foundation or you go into partnership with corporates, and it feels most definitely like a threat to me. I understand your time is valuation and needs to be respected, but I used my time to earn money that I sent off to the IOTA ICO, and I don't believe you and David respect that fact, otherwise you wouldn't be raising the possibility of there being a fork that dosn't include the original ICO investors. You're refusal to clarify that matter shows a lack of respect for the original supporters of IOTA.

What makes the situation doubly concerning is the donations are totally unnecessary, as a premine achieves the fund raising outcome we all seem to agree on perfectly well, so as I speculated, I think the reason for your preference for donations is not related to neutralizing the 'bystander effect', but more likely for some other legal reason, which is fine by me, but why wont you guys be upfront? This obfuscation of the facts, combined with David's threatening and insulting tone to supporters like myself recently is a red flag.

I can handle David insulting me and others, but I don't like his chances of navigating the path ahead for IOTA with such an overly macho and immature style. That style from a project manager doesn't work unless he's also the code guy, in which case people have to suffer in silence and put up with the BS. In David's case he'll simply be replaced by a more professional person at a later date, but by then he will have had plenty of time to poison the well with key stakeholders and partners. I've been in business for 20+ years and that's the way it works. Managers can only act like David if they're irreplaceable, and David is easily replaced, so eventually key interests will want him removed, and that's going to be messy. He wont go quietly and will try and lob grenades as he goes. His involvement from here on with IOTA makes the future less certain.

So I am selling a 1% stake in IOTA token supply for a 25x return. If CfB agrees he can act as escrow. That'll leave me with a small stake which I'll gladly donate 5% from. If anyone wants to own 1% of IOTA let me know. I don't agree with what's happening with the foundation funding from donations, but for those who feel comfortable with that, here's a chance to get on board. I know IOTA is not at 25X yet, but when it is I want to move on regardless of what happens from here.

So you are a whale with > 1%.
You wanna sell 1% of all IOTAs to make 2500% in six month and you do not want to donate 5% ?
I see.

BigIOTA donates, even though he bought at market price, not participating in Crowdsale.

PM BigIOTABig he is buying big stakes https://bitcointalk.org/index.php?action=profile;u=803439.

I will also donate my funds prepared for Big Deal to foundation to compensate your runaway, asshole.

And I guess that I already saw this kind of a behavior: when someone wanna to dump big stake and do to not want to donate he simply write big text how rude David is and go away slamming the door.

Be the man: say you just wanna dump everything for 2500% and save your 5% in a pocket - then I will at least respect you.