Post
Topic
Board Securities
Re: [BTC-TC and LTC-GLOBAL] 90% Stakeholder of BTC Trading Corp acts with Negligence
by
burnside
on 26/07/2013, 02:28:18 UTC
While he may have made some statements that spooked some nervous speculators, such is the tradeoff for seeking advice and sharing information with the community. Perhaps he speculated on future decisions a little too much, but I would rather be informed of burnsides every thought, than be left in the dark have no idea where things are headed.

This is true, the community and his customers should be informed that the issue is being looked into. However, his speculating ultimately would have benefited him at the lose of traders/ customers panicked by the news. The issue wasn't dealt with professionally.

I post about a lot of things with the site.  It's part of an open discussion.  "what if we did this?  then what would happen?  what are the pros and cons?"  Running an evolving (beta) entity that is in a rapidly changing environment requires a lot of input.

I'll try to be more careful about certain discussions in the future, but please understand that things with the site are always going to be as transparent as I can reasonably make them.  Also -- When you get skittish over something related to the site please keep in mind that if you buy based on what you truly believe the asset is worth and you believe you can trust the issuer, you have little to worry about.  The site sends out asset lists such that the issuer has what they need to make you whole, regardless of the site or anything related to it.

I hope that makes sense.  I've definitely learned something here and I'll keep it in mind going forward.

Cheers.