Kashish,
This issue has been discussed already. Personally I
never want to see anyone scammed and I hope Jasin makes good on the asic project and resolves any issues that are present at this time. Here is a post he made last week in case you missed it:
As with most projects when you deal with multiple teams/projects, sometimes the 1 team does not stay current with the schedule. The ASIC is its own project, and the developer we had hired for the exchange has been fired due to his delays (and replaced). XC has its own team and I am only assisting with it where I can, other projects have no bearing on XC.
Cache is not a P&D, we still have all the coins and never sold them as any user can check. It is part of how we will build PoBC and is in ongoing development as you can see from the cachecoin thread.
It's important to reiterate that Dan Metcalf is the lead developer and creator of XC, although I do hope Jasin makes good on his promises regarding the asic project. Also a reminder that all of these projects are independent of each other.
This +1000
The previous post is an obvious example of FUD. it has been addressed before, it has nothing to do with XC or its community, and it is presented in an extravagant way as such to disturb the calmness presented to our community. In addition, in
every single post such as this, the poster always adds " it will probably be deleted because of moderated thread", to further cause uneasiness to potential readers. Its as if there's some underground textbook of FUDing. As such, I actually
demand that it be moderated, because it offends our intelligence.
I couldn't care less about our "short-term" presentation and the "moderated" effect on new potential investors or traders who are scared by it. XC's tech and innovation will talk for itself.