Post
Topic
Board Announcements (Altcoins)
Re: CRYPTO BULLION (CBX) | Inventor of PoSP!
by
cryptohunter
on 10/05/2017, 16:50:05 UTC
Just so everyone is clear, once the Cryptsy case is closed, they will be disbursing an equitable settlement from the funds they liquidated back to investors who lost value. Any CBX holder who lost coins who submitted a claim on http://www.cryptsysettlement.com/ will get whatever money the receivers were able to get back from the assets they liquidated - most likely in USD. Our group helped facilitate the liquidation and will allow those who lost money to get something back sooner. When you get your money, you should be able to buy CBX. The coins we purchased are legally ours, we didn't steal them from anyone and we don't owe anyone anything. We are currently working on tech developments, marketing plans, and generating ideas to make CBX sustainable and raise the price. We are not interested in a pump and dump - the price will rise on its own simply by the innovations that are about to roll out. We have a 5-10 year investment horizon on CBX so don't expect anything crazy to happen all at once, but this is a spectacular time to buy that's for sure.

If others with big ideas want to fund their own innovations and do something to help the coin that is fantastic. We don't mind suggestions at all, but we have a strategy in place and CBX will benefit greatly from these. Giving away a third of our investment is certainly not part of our strategy however.

Giving away is not the same as investing in the coin you have attained a huge stake in. Legally or not. Ethically is equally as important. There are a lot of cbx holders that had their cbx taken and will get minimal refund on that through the settlement.

I'll await to hear your road map. But if you class bringing on a dev team with your tokens combined with other donantions as giving it away then that is a terrible sign for the community. You donate 33% of your coins to increase value by perhaps 20-50x and you consider it a bad move? Ok. This coin is prime for way greater returns than that too.

I could be wrong but as i said at the start we would have been better nulling this wallet and generating a 10-15% dev pot for creating a dev team right now. We had a vote on it and I remember the null the wallet won or actually use if for development was the top vote was it not??

Where did that poll go??

I still say if there is no immediate road map or plan of action here within 1 week from now we should seek a deal out with a known development team and ask what kind of stake they would want in this to bring us something that is worthy of investors attention.

15% of any minting going to anyone in that way is never going to look favorable to investors you can be sure of that so better to show some good will.

I mean anyone that wanted too could use this 15% cryptsy wallet as negative argument as strong as a 15% premine. In fact worse because this is not directly being used for development at all. If even giving 33% of it is out of the question for direct development that is a bad sign. I mean it actually far worse than a premine since it is derived from coins that the community members actually mined and bought fairly and had confiscated.

I would far rather these were nulled as i said before because if they are not (in part at least) DIRECTLY used for development they will be used against the very people that lost them in verns shit exchange. These coins are negative pressure on this market.

I'll await to hear about these 5-10 yr expansive plans and a detailed road map.