Quote from: ArkadiyDeliev on August 03, 2018, 09:17:12 AM

Quote from: AlexanderDumas on August 02, 2018, 06:40:26 PM

Quote from: ArkadiyDeliev on August 02, 2018, 02:20:18 PM

Quote from: wacko on August 02, 2018, 02:13:51 PM

Quote from: ArkadiyDeliev on August 02, 2018, 02:01:08 PM

What is your point? Stellite is not a business and marketing is kept to the bare minimum required to be listed on exchanges.

How is it not a business? It's a commercial product designed to be used as a currency by people that spend/invest money into it (either through mining or by purchasing coins on exchanges), with a dev premine that is worth 5+ BTC even at the current low exchange rate. Whether you treat it as a business or not doesn't change the fact that it is a business by definition.

We are developers building a project without any incentive to profit off of it. The premine is only being used for exchange listings and other services required for the network to function. This is not a business and never will be.

Hi there.
At least it seems that you put your face and the name on the line for your product. Or looking at your web site it appear so. Although you could be anyone... but that does not matter.

Anyway a little bit of marketing would not hurt even a Non-Profit as you aspire to be.
Maybe you should had premined a little more to have more cash for promoting your product through the right channels.

Correct me if I am wrong, if there is not awareness of your "product" existence, or there is a very limited one like it is the case now, there will hardly be much demand for your product and therefore a proper market. At the moment XTL market is alive by the skin of the teeth. And there are a gazillion of products out there that seems to promise all the same.
Let's say if the price of the coin goes down below mining profitability because of low demand, there will hardly be any incentive to spend resources or hardware.
No buyers, No miners, No network then nothing.

Then, if I may, try not to be so touchy when they break your balls with requests and clarifications.
You guys activity on forums like this one, should be a little like customers service: take it in the chin and then make it nice. Wink

Look at BBS coin: lousy website, no marketing (well there is nothing to market there) and a bunch of jerks barely answering on their forum. Within few weeks they went in to no existence, there hardly is a buy order on any of their exchanges and probably now they are mining their network from their PCs.

Take care.

First of all, I wasn't touchy Cheesy

I understand what you mean, but our focus is the actual 'product'. If the product is good and works like intended, then the right user base will find it and use it. I do not agree with your statement about losing incentive with a falling price, because there will always exist hobby miners who don't necessarily care about the financial output they will receive. Remember the early bitcoin miners? Sometimes I do somewhat regret that we didn't make a larger premine, but nothing can be changed now, so why raise it up?

You got a nice Monero fork (with integrated daemon!!) working and a realistic roadmap...
Unlike, say, XHV which is complete bullshit story...
So please stop with this stupid talk about how "this is not a business"...
And how all you need is 12 yo "hobby miners" and whining about your premine.

Just fucking stop.

This is how you get to 3 sat and dropping...
Maybe if you change your attitude... or they replace you...
And development goes well then 10+ sat is certainly possible in a few months.