Re: [GPUC] GPU Coin | Reboot Sunday March 9th

If you want to be in the big boy games, you play hard. You reinvest your coins and get more equipment. I started out with a GPU which mined at 40kh/s, and now I have a small growing farm.

And that is PRECISELY what this coin is supposed to help with!! Now is your chance to turn your one GPU into a farm!!

The hardest thing about mining is obtaining GPUs, and that is what this coin was designed to fix. It's the reason I was excited about it anyway.

I was excited as well, trust me.

Aside from the failed coin launch, he never could explain to me why his system was truly better than the system I use right now: Mine coins -> BTC -> Amazon -> 15%/20% Amazon discount -> My doorstep next day.

It comes down to distribution. Amazon can provide me with cheaper GPUs than him, and I have contacts in Europe and Asia to get cards from at or below MSRP if Amazon can't get it.

yep my thoughts to, what does he care though. once he's up and running if the coin fails he can just start taking btc. then we just gave him his startup costs and he's sitting good while we are screwed.

The second start fails so, they have to refund the IPO investors...They have promised this.
With another launch date they are only get more time and also give hope to the investors. Then the relaunch fails again?

It is as simple as this: the CEO stated on the first fail that if there was second fail the BTC would be refunded. We don't need an email or a phone call - its is trivial to resend the BTC back to the addresses it was received from. Each IPO participant received a unique address to send funds to. I sent three transactions and all three were credited correctly to my IPO Number. IF there is another launch then they always have the option of reissuing the IPO. The only suitable alternative would be to send an email to confirm if the IPO participant wants their funds back and reopen the IPO for the participation of the marketplace after those funds were sent back to those that wanted them. They were doing an OK job of communicating right up until the second fail. Its not too late to conserve goodwill and start communicating again. No communications is always negatively perceived. At this point the CEO has everything to gain (if he indeed intends to run a business kickstarted by altcoin) by stepping up NOW and dealing with the issues at hand. That is leadership and now is the time to lead.