Quote from: nanonano on November 19, 2013, 08:26:39 PM

Quote from: JohnyBigs on November 19, 2013, 08:04:58 PM

By having general trust in a real person, not Satoshi an anonymous enigma.

Right. I saw that on the forums, people seem to trust the word of this developer without any external confirmation... RealSolid and solidcoin come to mind.

Quote

A year or so later when it's open source you can go and read the code. I'm excited about is instant transaction, messaging, exchange, no expensive hardware, no 51% attack, and all the other massive features.

Sure, those sound interesting. It's just that it's harder to actually implement them than it is to claim to have implemented them. With this sort of info I would personally _never_ invest money or or time on something like this but I wish you guys all the best.

Agreed that is easy to make claims and vaporware and difficult to actually achieve in code.

But investing your spare computer to mine at launch doesn't cost you much, so it is no brainer if you have the slightest bit of confidence in the outfit.

Especially if many of the coins will be minted in the early period.

Lets hope the outfit is in it for the long-haul and will actually buy their own coins, if the FX price is too low. I plan on doing that on my coin. I will not let the price fall too low, if everyone wants to sell me all the coins at too low of prices then fine. I don't think I will be able to buy them cheaply though.