Honestly, I hope it works out, and any of these potential obstacles can be overcome or simply clarified. I'm not trying to lose anyone money, and I held some sync myself.
However, people should know some of the risks involved in this particular instance so they can make more informed choices. Too often these threads are a bunch of people just telling each other how many Ferrari's they are going to own when it all takes off, rather than being more hardheaded about their investments. Either that, or they wilfully ignore and shout down any glaring issues just to pump their assets and leave some other sucker with the bag. Which is scummy behaviour.
A realistic conversation should be possible.
However, people should know some of the risks involved in this particular instance so they can make more informed choices. Too often these threads are a bunch of people just telling each other how many Ferrari's they are going to own when it all takes off, rather than being more hardheaded about their investments. Either that, or they wilfully ignore and shout down any glaring issues just to pump their assets and leave some other sucker with the bag. Which is scummy behaviour.
A realistic conversation should be possible.
I'm not willing to call shenanigans just yet. Dev seems a decent sort, and has already indicated he's working with others. I think he misstated the staking requirements, as every other PoS coin I've looked at or dealt with staked on any amount above zero. But it does take longer with smaller stakes, and it does run a higher risk of generating orphans. This is not really a big deal, though a mined block that the network don't accept is annoying as hell
Give it a minute, people. Seriously. This was an incredibly smooth launch. It glitched when it hit PoS, and that was really the only speed bump so far. Name two coins that launched smoothly in recent memory? I can only think of one, and it's market has about died.
Worst case, we lost a bit of money. Maybe quite a bit. That sucks, but it won't end your life, or the universe, or anything like that. Call it a lesson learned. All new things are a gamble. I didn't risk more than I had to lose, which makes me a rather small bagholder if it all crumbles. But I don't think it will.