Quote from: TheBlackDogeOfWallStreet on May 05, 2014, 04:57:24 PM

Quote from: IconicExpert on May 05, 2014, 04:49:45 PM

Quote from: TheBlackDogeOfWallStreet on May 05, 2014, 04:44:04 PM

Quote from: IconicExpert on May 05, 2014, 04:38:39 PM

Quote from: Nurka on May 05, 2014, 04:31:21 PM

Quote from: IconicExpert on May 05, 2014, 04:22:14 PM

Quote from: brammien on May 05, 2014, 04:16:15 PM

Quote from: morituri13 on May 05, 2014, 03:49:18 PM

brammien, we only control our own funds. We cannot possibly exert control over millions of dollars. It is a decentralized currency. we are an investment group. We control our funds which we are currently using to help everyone as much as possible. You have caused us to rethink the use of the term foundation because it is clearly causing a lot of issues. We are an investment group. That is all. I think some people have been led astray as to what we can and cannot do.

Okay, so if you are an investment group, then will the investment group be tweeting, facebook, social media under the official blackcoin, or under another name? If your just an investment group, then that's fine, but should not be overlapping of the official pages, with investment groups pages. Like we as investment group support or don't support something is okay, but we as blackcoin foundation don't is then shown as official.

I'm okay personally with investment group, but not under official title representing the coin. If this group does well and helps coin, great. If not, then it's only investment group and not under tile of anything else. I just believe there should not be conflicting interest. I'd hope Soekip is NOT part of this group, since he's now representing the coin as figurehead. That would be huge conflict of interest.

Hum...why is an investment group seeking donations from the community?

You're an investor. Why are you seeking donations from the community?

An investment group is a group of investors. It's what you are, only in plural.

I imagine in this case, the investment group came up with an idea that required funding. They figured they could bear half of the cost themselves and then went to the community to seek donations from those who agree that the idea is worth investing in.

I thought you said you would start fresh this week and stop with the attacks?

That wasn't an attack at all, and if it appeared that way I sincerely apologize.

As for me... yes I am an investor but I am not asking the community to invest in something similar to a "hedge fund". I am asking the community to donate to projects that are community based. I have no problems letting someone else from my area help with any project I am a part of.

Iconic I don't understand why you personally have to try to misdirect and twist every single thing some one says. You know it's not a hedge fund, it's a group of people seeking to promote the coin. This should make you happy, but the fact that you are stomping your feet and making a fuss is clear you have only self interests in mind. We had never once ever said anything bad about your campaigns, or your goblack website. But you are just on here full of venom spite, and a disturbing obsession with convoluting the message and taking control of it. People who act like that in my eyes do not act in the interest of the coin, and it should raise warning flags for any body who is so obsessed with destroying the efforts of others, completely unprovoked.

Please read my previous post. I can understand your frustration, and if my use of "Hedge Fund" in some way offended you I am sorry. That was not my intention at all. I used "Hedge Fund" because a group of people pool their money together for an investment or investments. In this case it is to promote BlackCoin. So in essence it is similar to a hedge fund because part of promoting BC increase the value of everyone's portfolio, including mine.

It's also implied that they actually hold on to their investments and expect a direct return. If the foundation was buying and holding BC and expecting a profit, calling it a hedge fund would be completely accurate. However these people are donating their money, and are not expecting a direct return, other than wider adoption of the coin.

Basically the foundation has 2 main tasks, protect the Blockchain and make sure that EVERYONES BlackCoin's remain safe from attacks-- this is the foremost concern of the foundation. The secondary task is promoting the worldwide adoption of BlackCoin, through relationships, partnerships, merchant adoption/courting/information and media promotions.

Foundation membership will be opened up to any one interested in joining, once we have the infrastructure in place to handle that. This infrastructure does not happen over night, and we have already started work on it. Most if not all transparency concerns will be addressed on the official website, as well as discuss our mission statement and talk about who we are (as members) and what we do.

See you proved my point. The official connection between investment group/foundation and the official representation of Blackcoin. You might as well come right out and be honest now, these are two in the same.