Quote from: micryon on April 01, 2014, 01:32:07 AM

Quote from: Psynthax on April 01, 2014, 12:52:40 AM

I didn`t invest, just mining/buying.. but I think investors need to decide not CEO, without investors there would not be any CEO...

Not in this case, investors (which i am one of), are not share holders of the company.. we're like the kickstarters of a kickstarter campaign, really..

Director level decisions are CEO and whoever his "real" investors are, owners of the LLC..

They are the ones backing the business model, and without their support.. it's pointless making any changes. Because ultimately the business model is what drives this coin, and chose what coin it will accept.

However, i think it is in GPUCoin LLC's best interest to NOT let the value of GPUC go to zero... there's no liquidity.. there's very few buy orders even today on any exchange. Anyone buying with GPUCs goes to GPUCoin LLC, and they have to dump that to someone.. but there's not enough buy pressure. With a downward spiral.. if this goes down to 1 satoshi, with no buyers.. then we can no longer move volume at all through GPUC...

So there needs to be interest to get to some sort of equilibrium in order to run the sales business so that the coin investors , and the owners of GPUCoin LLC can both benefit...

Well spoken.

And Jaymes does not make money no matter what. He has to be able to dump the coins he collects to the market, just like anyone else, and thats not happening right now. Personally, much as I hate the idea of a hardfork, changing the block time to 2 1/2 minutes would solve a lot of problems right now. There are enough coins on the market for the business to run efficiently and it would stop the mine-n-dumpers right in their tracks. Plus it would raise the difficulty level, psychological only I know, but most miners see a higher difficulty, and they see more value along with it.

waltsmith