Quote from: apesconcert on June 30, 2017, 09:13:24 AM

Can someone explain this whole Coinomat thing please? Is it the issue affecting the Waves price?

Quote from: angrybirdy on June 28, 2017, 05:00:09 AM

Quote from: Randy Labs on June 28, 2017, 04:12:49 AM

Quote from: Apollo777 on June 28, 2017, 04:04:50 AM

Quote from: Randy Labs on June 28, 2017, 03:54:20 AM

Quote from: max.trekker on June 27, 2017, 06:00:14 PM

Whats up with this Coinomat stuff repeatedly being talked about in this thread? I wasnt around by then, my understanding with the limited info i gathered is that Sasha had an ICO for a project some time ago, than he just abandon that project for waves and made those coins/tokens useless, is this correct? If it is, its quiet worrying since i am heavily invested in waves. Than he could just repeat that process and make waves useless :/?

It is a great worry to WAVES, my understanding from looking into Coinomat is Saha had many different assets on NXT, he announced during WAVES ico that these asset holders could either swap these assets to WAVES during the ico period, OR, keep the old assets to receive dividends from Coinomat and swap when WAVES platform launched. Those who did not swap during ico have now been abandoned, sasha never mentions them, they miss out on WCT airdrop, and did not get anymore dividends from Coinomat or CryptoCard projects ever again. They basically got ripped off, and sasha gets away with it. That is the wild west of crypto in 2017.

But how is this a "great" worry to WAVES?

Well I was hoping to get Waves cheaper so hopefully we get more "great" worries.

If the leader of WAVES project is shown to be capable of such blatant acts of dishonesty and/or incompetence in his past Coinomat projects then your investment in WAVES is under threat of the same outcome. That's a great worry to me, there's no regulator here in crypto land to protect you from bad actors like sasha.

Right, in this business investors are in a deeper risk of losing their investments because a lot of developers now just create coins, dump and make another coin. So tired of seeing shitty altcoins.