Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HMY] HarmonyCoin|New Wallets|Live On Bittrex|X13|100% POS
by
HarmonyCoin
on 12/08/2014, 15:18:54 UTC
Woah I go away for a couple of days and now this. Haven't got burned this badly on a coin in a while, boy were my instincts wrong on this one.  Shocked

CA, you are flip-flopping all over the place. First you lock this thread and say you will take a break (knowing this would crash the price, you're not that naive), then you come back and say you will support this coin by honoring your promised bounties. You explicitely asked if Sidi would continue with the coin and then, just after he says he would, you all of a sudden pull this stupid refund idea out of your hat. An idea which up to this point nobody had asked for. How about asking the community FIRST before deciding to spend the remaining ICO money in this destructive way? And by that I mean really asking here and actually waiting for a while and then measuring response.

Such a refund just reeks of the final act of a huge scam. Bittrex records are incomplete by now, even you yourself could not provide compelling proof of your own investments into the coin, so how to you expect others to do better? And even IF someone still had some proof he bought into the ICO, how can you be sure he hasn't long since dumped his coins and you're now in fact paying him twice? How can any of us be sure you aren't just sending coins to your own dummy accounts or something similar? This is just such a bad, bad idea.

This refund is like putting a death warrant on this coin. I would MUCH prefer you put the money you now intend to refund into a trusted fund. There are several possibilities how to do this, either a trusted board member, or an escrow service. Hell, maybe even ask Bittrex. We can - as a community - decide under which condition how much BTC should be payed upon completion of each taslk and that way at least ALL have a chance of rebuilding this coin and recovering some losses.

And the best part about it, you wouldn't have to bother yourself anymore with any of this. You said you need a break and are suffering health problems? Then just put Harmony's faith into someone else's hand and stop ruining this coin for everyone else.


These are exactly my thoughts.