Quote from: Mendeleev on March 31, 2017, 12:48:42 PM

Quote from: calvinstm on March 31, 2017, 12:02:42 PM

Quote from: Mendeleev on March 31, 2017, 10:34:41 AM

Ok, I've held my tongue too long...

....

Hi Mendeleev,

Thanks for the encouragement. I'm actually flattered by your comment.

It really speaks volume for the quality of my analysis. Grin

The truth is I was genuinely happy when Iconomi accepted my proposal of the "buyback program" and went through with it. It was really a coincidence though.

So.. what lies and broken promises you were talking about? Were you holding your tongue too, when ICN was flying for the past 3 days?

Your post has more holes than Swiss cheese, so I won't bother to refute it.

And No, I don't work for Iconomi. I do consider it an honor when someone insinuates it though.

That's fine. I've said my piece.

I'm not going to list all the different lies/promises that have bothered me personally, because I don't really want to drag this out into a big debate. Similar to you not wanting to refute my points. It'll just go on and on, and I'm not interested in arguing about this at length.

I've made my mind up. You've made yours. I'm happy with that.

Look over my recent posts re: holding my tongue. I've said bits and pieces. I also sold days ago (which I stated at the time) - I just didn't want to do a big negative post, but I decided I would share my thoughts today.

Don't worry, I'm not going to add further criticisms in future. I've said what I said, and it feels like I've got it out of my system now.

We all make our decisions based on various factors. For me, there's certain principles I hold that have steered me away. Perhaps it's emotional. Perhaps cold hard logic dictates that I'll be missing out on some profits here.

Think of it like Dash. Many people have passed on Dash because of the premine, and thinking the team is shady. Those people missed good profits too. I'm feeling similar about this. Shady. Might make me more money. Might not. But the team are shady in my view, so I'm out.

Anyway, my goal isn't to convince people to see things my way. Just to share, and let them decide themselves.

If you really are unconnected to the team then I am pleased for you that your idea has been implemented. I remember when you originally posted it, and someone said it was a stupid idea. So well done for that

No one is going to call you a fudder for posting your opinion on this, because most skeptical people thought similar things when they first heard about it.

Getting upset that they switched from dividends to buyback, imo, was silly. That makes no difference economically, except I could see why people were upset about the communication around it.

This is something different.

Maybe this is what happened. Yan and Daniel joined the Iconomi team later, so they were not holding a % of the ICN supply. Where was their incentive to put all their energy into increasing the ICN value for ICN holders?

Of course they are going to want to start their own project/brand if they are the type of personalities who want to build and lead something with autonomy.

The market will decide if they like this new venture. There's a chance Iconomi will be their biggest investor and it won't make much difference to ICN holders except now Daniel and Yan will get some % equity and autonomy to build a specialized service that will benefit clients like Iconomi.

If Daniel and Yan wanted to start their own venture, what is Iconomi going to do about that? What would you do in that situation?

Two employees leave their company to start their own company, is this something out of the ordinary in the business world?