Post
Topic
Board Announcements (Altcoins)
Merits 3 from 1 user
Re: [ANN][COVAL] Circuits Of Value - Emblem Vault
by
AlCamus
on 16/09/2020, 19:08:18 UTC
⭐ Merited by bamsterdam (3)
well you had the information, you were advised what to do and you did not follow it.

Basically your loss.

The information I needed to do a swap was price action. Do you think, any hodler in the world checks Covals AMA or twitter for new information once a week?! After June 10th there was no tweed from Coval for six! weeks. There was no deadline = this was a valid information for months. When price gone up, I checked why. This was on Sep 15th. (Btw I read the first part of the AMA, but I lost interst, as it becomes clear how the way of thinking of the team is.)

There was no community majority asking for a deadline. I can not find a vote.

Why to expropriate old Coval holders?

"56. [...] Reason for question: Existing holders will think that if the deadline does not come indefinitely, no listing on new exchanges or an increase in new holders will take place. From an external perspective, there is a bad image that development is slow if the deadline is too long. I think it is necessary to decide a good expiration date and burn a certain number of burns."

I guess, it was your own suggestive question to set a deadline, the reasons you mention are ridiculous. The only reason is, it is ongoing work to swap manually and with a deadline you are able to burn some coins. These are not your coins, so it does not matter to you. This is called centralization and censorship. And theft.