Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AEON [2017-04-23: update to 0.9.12.0]
by
g8tguy
on 31/07/2017, 14:45:01 UTC
you are not getting the whole picture.
at hitbtc one trader with more than 60K coins and unlimited BTC, controlling the trade.
So sometimes he pumps the price to 15-17K and it seems like there is an active trade going,
though, in reality, he is just selling to himself luring casual traders. then he drops the price by moving big 10K walls down.

And we also had a botnet dropping each day 3-5K coins for a market price.

Now the developer has a 450K coins donation found that we send him for doing his job, even at a current price it's like 112500$ - not bad for a side project.

But putting all this aside the call to lock the wallet was made by the developer, and now he is not responding,
nor we getting an ETA or some fix progress status.

And the bittrex made it clear that until they receive an official code fix from dev,
the wallet will remain suspended.

And with only one marketplace - small like hitbtc the coin cap is about 8-12K sat for a coin if you do the math right.

So as you said 2 months ok, but if some progress is made, and in our case, it seems there is none.

If you take responsibility over a large public project like smooth(the dev) did, that implies some amount of involvement,
feedback, and a little of respect to the community.

if you can't handle this or don't have a time just say a word and step away, pass the control to a more responsible person,
I think in MONERO community there are enough talented devs to who would volunteer to
fix the code instability for a donation found which if the price goes back will turn into 400k $.