Quote from: Jacqul on June 23, 2014, 08:53:18 AM

Quote from: judgecrypto on June 23, 2014, 08:37:42 AM

Quote from: kalisto on June 23, 2014, 08:30:29 AM

Judge please stop, you are hurting this coin more then you can imagine.

Cryptodevil made a proper point.

No he didnt. He has done nothing to support the coin and has only tried to pound the devs on 1 code error and try to push a management framework on an already working team.

@Judge:
I think my post was misunderstood.
I was basically trying to show that there is not enough money in the premine to pay the devs as Cryptodevil proposes.
I do agree with him that a community/investor dev fund is not a bad idea.
The multipool would serve the same function and I would support that as well.

Personally I am not worried about the future of SC but I can imagine some other people who invested at 4000sats or higher will be worried.
Most people are just holding their coins and staking, waiting to see what will happen.
The volume being traded is minimal.

I really think we can stop discussing the premine.
It is only a million SC.
Nothing that is done with it makes much difference at this stage.

I am hoping and expecting that the update today will give us something else to discuss.
I also see that the whitepaper has gone offline pending update. (This might be a reason for the drop in price now.)
Basically the way I see it: there is no real difference in investing at 1000sats or 4000sats. Just the amount of SC you can get.
If you were planning on having a monopoly then it is now easier. (Hence some reason to try to bring price down) but then you still need to force people who are holding to sell somehow. (Unlikely to happen unless there is a mass panic and loss of faith, which is unlikely to happen with the dev team from what I have seen so far.)

If you think SC dev team have delivered the best wallet to date and keep improving it while at the same time working on a larger vision, then you have nothing to worry about.

Jacqul, sorry if I mistook your post.

I agree with you. In the long run we need to transition to a more sustainable funding method. The premine is just a starter fund. We can have more discussions on this later.

Silk has hard working dedicated people on the team and in the community. We can take this to the next level.

I think we should as a community start organizing objectives too. Like maybe trying to get a payment processor aboard. Stuff like that.

Stay strong. I am with you guys!