Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain
by
android_631
on 09/10/2014, 15:09:13 UTC
In my opinion the biggest risk is that some experienced team is waiting for these guys to deliver all features and then hijack the code, add minor features and make  a good release. If that happens will be the end for syscoin Sad because there will be a copycat with better support and better experience for users. Welcome to the darkside of free software. I even think that's the reason of the perceived low price.

Sad
 

Any team that attempt this (and their welcome to) would be somewhat reliant on us to keep their fork working since Syscoin is an entirely different animal than any other altcoin. Additionally, we have many new services coming, they'd always be one step behind at the least. We welcome this though, it's what open source and competition is all about. It's just highly unlikely such an effort would succeed.

Now that is actually a good answer ! But in my experience,  it is not about technical features, it's about perceived user experience. Suppose that someone make Syscoin2,
all the code copied and pasted and just changes logos and beautiful wallet. But they make a release without problems, if some one makes  negative comments,  the main (only ? ) developer don't call him necrophiliac or something like that (a post of some poor random guy that made me laugh),  almost every response wasn't 'professional' , suppose they  hit every deadline even if the proposed feature is "change font size"; i can assure you that coin will prevail even with less features.

Your coder is good, but he isn't as good as he thinks he is; from a software architect perspective i can bet he didn't comply with most basic requirements for software development management , you can notice that with just one review of the code. You can argue that it was because he didn't have time, or he didn't care for standards, i don't know, it's irrelevant.  But his attitude (and all your team  at the beginning)  made clear that you guys already reached their prime, that all other works are crap and you are the peak on software development. That is far from the truth.

If only you can learn and follow more experienced teams you would know what i am talking about

In my opinion that is the reason for the low price, not the technical merits (which we should see in next releases) but management issues that makes experienced investors to think that your team is not capable to handle a big project.

When i was  younger i was arrogant too, and some team more experienced hijacked my work (not an Android project in case you wonder) and believe me my work was technically better it didn't matter. I don't blame them now, i have learned; i hope you learn before this sh** happens to you.






You might be right, but still these guys have done so much more than most in cryptos. I think probably a professional experienced business leader/manger might be a good addition to the team. Someone paid in not only BTC but in syscoin that has a stake in seeing this grow.

Thus far they have done well overall with questions and aswers, team is knowledgeable, but maybe a someone with not only programming knowledge but business real world experience would be a lovely addition to the team.

Just my two cents.

You are right that the concepts and ideas are good ! but believe me, a good manager will know that is easier, cheaper and potentially more profitable to 'borrow' the code  ( because it is completely legal) and market it as its own brand, it is a common practice.
The code is not particularly difficult to understand (once you understand how crypto coins work) as Dano tried to imply. You can hire one Bitcoin expert and indian user support and that's it; granted, you need money but a lot less than 1500 Btc's.

I am not a  trader, i invest always long term, my opinion is that the actual experience of the current team isn't enough to win this race. I don't blame them, i made a bet i have  chosen to believe in internet profiles knowing the risk and i lost, that's it.

Maybe i am wrong who knows, but i wish the best of luck to all of you.