I think this is a good advanced project but when doing research I found a lot of reports how QTUM founder stole money from BitBay. There is article on reddit, medium, bitcointalk. Not only this but a lot of bad practices behind this guy's (pump and dump,fake ICO, and so on). I think all this is holding this coin price so low. People learned their lesson and won't invest in projects which leaders have shady past. There are chat logs on medium from this guys when they prepare to pump a coin with thousands bitcoins. Look to this link
https://medium.com/@icocountdown/due-diligence-pack-for-qtum-7369ef48917bPeople can change you know, just because he maybe did something like that once doesn't mean he'll do it again.
I'm all on-board the Qtum project, but that logic is the definition of ignorant. If Bernie Madoff opens a new investment firm, I don't think you'd be so eager to invest. The same principles apply here, if you actually believe what is being said (which I, of course, don't).
Exactly. This has been hanging over the project for along time now. Articles like the one above will only continue to pop up as people learn more and more about qtum. All these bloggers will happen on this story and report on it in hopes that a juicy story will get them more steem dollars, or youtube views. That's why I feel the matter should be settled sometime in the near future to help the project proceed forward. If there is so much misinformation and fud out there, then whatever truth will be overtaken at some point.
It's been a very long time since I saw it but a while back they publicly commented that while he was at Bitbay he did not participate in the scam but obviously how are you going to prove any of that besides he said / she said
Someone posted a while ago that the Qtum team had addressed the issue on Slack, but I did not see the conversation. Another person mentioned that the Qtum team posted a statement on their website regarding the matter, but if it were ever there, it doesn't appear to be there now. I really wish that they were more willing to speak out about the situation because making people guess leads to some cynical explanations on the whole ordeal.
I don't think I said they posted it to their web site. I'm pretty sure that I said he issued a statement when the alligations where first made, which did happen. The only reason it is a big deal because FUDDERS are making it a big deal. I could go the rest of my life without hearing another word of all this BS and be just fine. Don't you guys have anything better to talk about?
I'm not making any accusations, I clearly said I think they're inaccurate. To not address them, and to pretend like they don't exist is a huge mistake if you want community trust in your project. The cryptocurrency subreddit, for example, views Qtum very badly (most users say that they think it's a scam). Again, I am completely on-board the Qtum project and the amazing work that the devs have done, but I just don't see a way that Western users get over Dai's previous work in BitBay if it's not properly addressed and explained. So far, all I can find through research is the word of David Zimbeck, which certainly is biased in his favor.
Let's not act as if it would be as hard as developing a VM that is compatible with x86 as it is to give a brief summary of Dai's involvement in BitBay. It wouldn't be hard to clear the air here.
They already addressed this a while back. It's just he said she said. QTUM said that while Patrick was at Bitbay he did not participate in the scam. It'll never die down and that Smith & Crown article is very old. People want to throw FUD because they want other projects to succeed. Every coin suffers from it.