Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Denarius [DNR] - NEW "Tribus" PoW Algo >> PoW/PoS Hybrid >> Satoshi Core
by
spunkybd
on 07/07/2017, 14:09:08 UTC
Not sure if anyone cares about my story.
But I once had a garage when I was 18 years old.
Because of my age, I was more in to partying and inviting friends to my garage.
And because I did let everyone in my garage, things got stolen from my garage,
like high end project cars and expensive engine blocks and therefore I had a debt of 75k usd.
People were calling me a scammer and my build up ´rep' was completely gone.

A few years later I changed my mind and I did grow up.
I wish I could go back in time and fix the things I did do wrong.
But unfortunately, with the experience and knowledge I have now, I still can't start a new garage.
Because people still call me a scammer, that name will never changed, even though I never scammed anyone.
I just made some wrong decisions when I was young.

I can find my self in Carson's early days.
He seems to be honest, but he made a few mistakes in the past.
Give him the chance to fix it right now without disappointing us and to prove that the trolls are wrong.

I read your story.  You didn't start a new garage.  Carson did.  In fact he's running the garage the exact same way so far.  With a huge premine.  He is benefiting from Coinmarketcap.com default view and fooling a lot of new investors.

Coinmarketcap: circulating supply 120,739 - Marketcap: $179,756 (Wow that's a low marketcap let me get in early!)
Actual Circulating supply... Carson says he only has 690k left... so there's 310k(probably haven't been distributed yet though) + 120,739 mined = 430,739 in circulation plus 690,000 coins Carson is allowed to sell at anytime.
Actual Market Circulating Supply: 430,739 - Marketcap: $644,893    with Carson holding another 1,033,000 market cap worth of DNR that isn't being counted... coinmarketcap.com is fooling a lot of new investors.

I should say that this isn't really Carson's fault that coinmarketcap is broken...





So, let's say he dumps his coins now, drops the market back down to a few satoshi's... Coin lives on people get in cheap, 3, 4 years from now, this coin can still be around, at this point we don't need Carsen and a new dev could start working on the client at anytime with it being open source. So few coins and only 3 years PoW... It will be worth a lot more.

I don't think he would do that actually.  With age comes responsibility.  When I started in crypto I would get scared and dump to exit. Experience has taught me to create a pump to exit instead.


TL:DR I don't recommend anyone hold this long.  I actually feel more comfortable with not knowing a dev at all, than knowing better and going along with it anyway.

Then go invest in something else.