Well it certainly is never fun to be called a troll. I wrote, after thinking about writing for a long time, because I feel like the rug was pulled out from under me as an investor. I don't understand why it was necessary to make all of these changes, and I no longer understand the purpose of the coin. Is that trolling? Am I trolling if I, as an investor, question the 180 degree change that has been made to what I invested in?
Stuhlman, I have always had tremendous respect for you. I had hoped that you would sell me on what you've changed. Shame you resorted to calling me a name instead. More power to your company if you pull this off. I may be the one down the road thinking I should have held onto my CAI or CAIx or whatever it is (I totally don't understand how one will be transitioned to the other).
If nothing else, please take away from my message what I'm hearing from many people - we don't get this. It doesn't make sense to us. We don't see where you are going with this coin. We don't understand what it means to us, as investors. Spend your energy on answering those questions and little nobodies like me will stop posting.
DCgirl I am sad you said had respect, but I will answer this as well. You have not stated a fact, but I will restate them for you.
With the success of CAI so far we have noticed that our premine has grown in value to over 300 BTC. This would have been a great thing
to any scammer dev, but not for me. I decided to destroy the premine, and remove any future doubts as to the purpose of CAI. We wanted to prove that with modest funds we can create a success. So when we discussed the best way to destroy a premine, we also wanted to add a an extra benefit to our investors at the same time by removing the miner dumping aspect that been plaguing UTC for example. SO a move to full PoS would enable us to implement many changes at once.
- Destroy Premine
- Remove Miner dumping
- lower Max coin cap
- secure our network 100% from ASICS/Multipools
- Move CAI to the next stage by making it a community project
We have a lot of ideas and to have that accomplished we needed to remove the weight of a premine that has become of huge value from the CAI market cap. Some people will think why? because at one point in the near future that might raise questions as to our motives. So if we stayed where we are would you feel safer investing in CAI knowing I have access to 100's of Thousand that I can dump on the market or would you feel safer if I don't? The fact that some people question our decision to destroy premine makes me wonder as to the validity of the question. This should be a no brainer to see how much CAI will benefit from this action that I am taking with the full knowledge that the premine I am destroying is worth more than 300 BTC. I am sorry If I offended you, but I hope you can see these facts and argue anything with me that makes you feel I am doing anything wrong. As far as these changes are concerned, I have met with some of our biggest investors in CAI and they were delighted with the steps we are taking. I did not do this out of personal interest as it is obvious from the facts it's the opposite.