Quote from: FreeJack2k on June 23, 2016, 06:59:40 AM

I understand the reasoning behind making the giveaway coins and redemption a closed loop at first, you don't want to flood the network with coin that has been trading and privately held since the ICO. Better to wait until it's being actively used and accepted. If we are all able to get 100 free with the web wallet and can start transacting with that, it'll help get the coin moving...and that's a good thing. We also, as supporters of the concept, really need to spread the word.

The speculators aren't going to like the news too much, because it isn't designed to pop the price or spike trade volume. There is no impetus for a price move because there is no increased demand for the coins that are currently in open circulation and trading...you won't be able to use them on the payment network yet, anyway...and who knows when you will? But I'm holding long because I believe in the concept, and I really hope GoCoin is able to execute on the promise.

While I partly agree with your thoughts there FreeJack2k, I can't help but feel frustrated at the fact that this update, yet again, pushes any tangible progression into a later date.

I am a miner, and a speculator, and a consumer.
Mining terms remain the same, as long as we're on the same blockchain. Speculation remains the same as it always is, some folks want it up, some want it down. All of this is fine by me.
However, by now, I was truly expecting that I could give some practical use to the coins I hold. It's an update in the right direction, just not at the pace I would have wanted. I still read it as positive, but definitely not ideal.