What is going on with this coin and why has mining of CAI continued beyond the 1.6 million coins you said would be the cap for CAIx? I am beginning to lose confidence in this coin due to the developers lack of responsibility to the investors. You have promised to have certain accomplishments done at certain times, and have failed to deliver on those promises. This has caused a general loss of confidence in this coin, and I feel that the developers of this coin are not taking the steps necessary to minimized the loss of value in this coin. There are things that should be done to bolster confidence in the next few days .
- The developers should be keeping the community updated with any and all goals completed hourly or every 2 hours on twitter, Facebook, or on forums
- We need to see YouTube videos on the work you are doing and put a face to the coin
- Information about who you are, and who should take responsibility if this turns out to be fraud needs to be provided
- A more comprehensive information base needs to be provided on the transition and what will happen to coins mined after 1.6 million needs to be addressed
These minimum things need to be provided if you do not want to community to lose faith and confidence in this coin, and begin thinking this is fraud.
Let me tell you what someone could be thinking about this coin right now. The transition to PoS is just a decoy to keep people anxious about what might be happening. In reality the mining of CAI continues, to hide the fact that the developer is dumping CAI to get bitcoins and trash the community then vanish. If this coin is in fact transitioning to PoS CAIx, then why has the mining of CAI not stopped? Technically no one should be selling CAI and simply holding the CAI to transition it to CAIx. If people were holding coins the price of CAI should be increasing. But, the price of CAI has been dropping since Saturday when the first deadline was missed. Then we get a push back to Tuesday, and the price falls more. Now we get screens that don't help much and could be faked. All the while CAI is being tanked. Lets get some information out now. Lets put this doubt to rest by being more active in your responsibility as a developer and give us more information in a timely manner.
This person is a fool.
Devs, please ensure that you disregard those four points and continue spending your time making sure the release of the CAIx client is as bug proof as possible. The people who are continuously watching the price on mintpal every second are not the people you are developing the coin for.