Easy to give that advice when you haven't invested. For those who have invested it makes sense to encourage the market so the price can rise a little. Not much else they can do at the moment (many of them can't sell at all because bittrex locked the wallets). Rather than moan and bitch they better suck it up and cut the devs some slack ... it was really just one person, Movrcx (Joshua Yabut). I've seen much bigger companies go through worse because of a single person and then recovered to a bigger valuation (said person ended up nowhere in the end). It's doable.
After spending some time on slack tonight, I think it will recover. The market is memoryless, which will help.
I was invested but cut my losses at 40% when I realized what was happening after Joshua posted a picture of the sell off to his twitter in a mocking manner.
And it wasn't just Joshua, it was the whole Core team that was trying to defraud its users and not tell the exchanges about the exploit which could have been used to steal ALL of the coins on the network.
Proof:
https://pastebin.com/3ZSbQY3hThey were worried that telling the truth would kill the coin. Guess what...
In the June 10th Video update (
https://blog.zensystem.io/video-update-on-zencash-friday-june-10th-6-pm/) the explanation describes a hard fork of ZEN. I was under the impression (from reading the Proof pastebin link above at [8:51]) that there might need to be a hard fork of ZCL and not ZEN. Which is it?
If there is a hard fork of ZEN, what prevents miners staying on the original chain and creating a new coin like ETH/ETC?
Can we get some clarity on this??
We can't have another new coin....