Post
Topic
Board Altcoin Discussion
Re: Why have a bunch of the eMunie founders + familiar faces disappeared from eMu?
by
BitThink
on 06/02/2014, 06:42:21 UTC
I'm sorry but I have been beta tester of Emunie before Eid came along. I saw almost every interaction this kid had in the troll box while he was a part of the project.

I say "this kid" because Eid is 18 years old. He has no programming background, on economics background, not much life experience and very little money in which he could have invested in Emunie anyway. None of these things is necessarily bad, but as one that has owned several business and made millions of dollars from them, Eid and the way his mind works as a teenager never really impressed me.

Visin promoted him to forum moderator which shocked me frankly. Visin was looking for help and at the time Eid was a cheerleader and I guess Visin believed Eid would be good at the job. However, Eid was a poor moderator, one who constantly wanted to censor people. In fact, I remember multiple occasions where Eid and Visin sparred because Eid was wanting to warn and potentially ban forum members for criticizing Dan and the project.

Eid's behavior motivated me to ask him his age and how he found emunie and gather more information about him. Once, I understood these things I could explain better his behavior.

Eid leaving Emunie is not surprising. He is prone, as many teenagers are, to pretty severe mood/opinion swings. I think he means well, but his criticisms of Emunie are laughable.

Is Dan the best at personal PR? Nope. But at least he has the balls to not be anonymous. And he works harder than anyone criticizing him. As for all the other criticisms about Emunie, guess what? --> we will all find out, won't we?  In the next days, weeks and months to come, we will see if Eid's worries are founded or not.

I am betting the 18 year old is dead wrong. Smiley

And, by the way guys and girls, you can get answer to all your questions over at forum.emunie.com. Do a little research and reading for yourself. Asking 18 year olds to answer your business and technical questions is ridiculous.
In a debate, we should focus on the words rather than the people. You could argue which part of his arguments are not right and give solid evidences, and in my opinion that's way more effective than attacking people's age.

For example, could you confirm whether the DEX function has been implemented? If not, what was the timeline and whether the EMU trade-able before DEX is implemented? Could you help to clarify why Dan refuse to open source at least a little bit of his code?

We, as potential investor, care more about the facts rather than people's age.

I could answer those questions. Or I could tell you to go read the forum and do the due diligence that a wise investor would do.

Which is what I am telling you to do.

If you go read the forum and still have questions I'll be more than happy to answer any other questions you may have.


Actually I am a registered user there, and I've read most posts there but I still don't have the answers of my questions above. No beta tests have told us whether DEX is implemented or not and how EMU can be exchanged when there's no DEX yet.

The exchange is being finalized. I believe Dan plans to have it at the official launch if not before. We have already tested Assets, they work and they are awesome, but they are not in OB1 currently.

The exchange is something that everyone is waiting for. And you are right, we need it to exchange Emu.

From an investment perspective, you realize the following (and if you don't please let me tell you)
A. You can wait until the launch and probably get Emu for the a decent price or perhaps the same price as early investors. So you can just wait until you see first hand all the features.
B. If you invest in BTC, your investment is protected. Meaning, you are given credit for the value of bitcoin today. If bitcoin goes down, you still get the same credit. If bitcoin goes up before launch, you get a refund of the difference or the option for more Emu.  Think about that for a second. Dan has basically given you a free BTC futures contract with no risk.

And yet people still think his intentions are somehow not to be trusted. smh



Thanks a lot for your information.

About B. Yes, I know this BTC protection, but I think it only applies to the end of pre-sale and I know only the option for more EMU, not the refund.

To be honest, one thing makes me quite hesitate in investing in EMU. The deadline has been missed many times. I think the first EMU post was in June last year, and then there's delay after delay, postpone after postpone. Now even the OB1 was delayed and we don't know the exact date yet. May I know why do you have confidence that this will not happen again after the presale? How about the DEX implementation has the same story and we can only see it in late 2014, when Mastercoin, counterparty, or even Etherium and Nxt dominates the market? Emule is an one-man show, and the progress of one man project usually is not predictable.