Quote from: FiiNALiZE on June 12, 2013, 05:36:52 PM

Quote from: mr_random on June 12, 2013, 05:35:01 PM

Quote from: boogerthe2nd on June 12, 2013, 12:13:49 PM

Quote from: mr_random on June 12, 2013, 12:08:34 PM

WDC won the forum vote by a very small margin. Yet on the Vircurex shareholder vote WDC gets 95% of the downvotes? Either something went wrong with the votes or this is not a representative voting system.

I own a large amount of both coins.

Well, one obvious thing to point out is that forum members are not all Vircurex shareholders...
For all we know, those that voted on the forum could be an entirely different set of people to the Vircurex shareholders that voted.

That is obvious but with respect not relevant to anything. If you poll 600 people in a presidental election and the results are roughly 300 vs 300, and then you poll 600 different people and the results are 570 vs 30 then something is up. If each voter has an equal count in the voting process the chance of that occurring mathematically is extremely slim (http://en.wikipedia.org/wiki/Sampling_(statistics) if you are unfamiliar with the math behind these concepts).

I'm not familiar with how the Vircurex voting process was carried out, if it is true that votes were weighted according to the number of shares the voter has then that could potentially explain it. For example if someone has 90% of the shares and voted no against WDC then that is going to massively affect the vote count. But that doesn't seem very fair to me...

The strangeness is compounded since WDC has 59BTC of trading volume in the last 24 hours on mcx now, and while that is a higher than average day it has been pulling in good trading volume figures since it launched (I would bet much higher than DGC, lifetime), and trading volume is what makes the exchange money.

What happened was obvious.

Someone either really hates WDC for some reason or was bribed to vote it down.

Whatever happened, we can't change it now.

There could be a legitimate reason which is not sinister.

However it's certainly not fair nor representative of the community, as proven by the forum poll.