Quote from: MarketMagic on December 23, 2017, 11:03:45 AM

Quote from: 6rq4JioxUqqTmjk8nFEa on December 22, 2017, 08:21:46 AM

Quote from: MarketMagic on December 21, 2017, 01:44:37 PM

Main issue is bad management of funds.Project should be hedging with the alt coin BCH v Bitcoin because at these prices and with volatility many millions dollars of funding can be lost if opportunities are not taken.Sell off some of the altcoin BCH at these prices to increase project funding and also use it for buy support for NVST later.Use your brains here.

You do realize that bitcoin cash didn't exist when the NVO crowdsale happened....

Exactly,meaning the alt coin BCH is available 1:1 for each bitcoin invested.If this altcoin pumps hard some of it can be cashed out to raise more capital on the principal amount etc etc etc etc.The reality is this token cannot even hold $1 value and the lower it goes the harder it will be to increase later.There is no point in it going down 4x and then pumping 3x and noobs jumping for joy thinking they have gained when in reality original investors are in massive negative equity.

Your point?

Most of the funds are not in their control. The crowdsale funds were given to the escrows. The escrows will only release the funds to the developers if they deliver or reach certain milestones. Since the devs don't have control of the funds, how do you propose they do what you are asking?

These coins will be unlocked later (both bitcoin and bitcoin cash) and they'll be worth more at a later date than they will today. They're not going to miss out on big gains because they can't micro-manage the coins today.

This was done was to assure investors that the developers were serious about this project. This isn't some "Hey give me money and I promise I'll deliver a product sometime in the future" and then run off with the money. This team made sure that there was a third party that would only release if the devs performed. If not, the investors are refunded their coins. So for now, this is and will be a waiting game. With the beta release of the wallet available, we are already seeing results.