Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain
by
danen
on 20/10/2014, 15:57:17 UTC
Thank you for your observation....and how many Sys do you own?
You don't just "pull the plug" on a coin this unique and that has had so much work put into it.
How many times do the devs have to say it....we're not going anywhere.

Close to 1.5 mil, but that's not the point here. The point is that work alone is not enough if you are losing investors. I think that quite a few times things were not managed properly, and that is hurting us all. If you were here from the beginning, you would remember the old thread and the whole mess over there. I tried a few times to discuss what I thought should be discussed, but that was a time when most of the posts were getting deleted, so there was no point. I personally think that sys is undervalued, certainly at these prices, but you cannot go against the market and market is right most of the times. I am just saying that current prices reflect investors sentiment toward sys. If you want price to change, you need to change the way you are doing things, as what we have now is clearly not working. Everything that has happened, happened with the reason. Sys was marketed as a fully developed and tested product, ready for the business, but in the end it was/still is miles away, and you can see how everything that followed is related. We need a good team to improve the picture. A team that doesn't promise miracles, but always over-deliver. You cannot have the same problems with every release.
The loss of IPO funds is very unfortunate, and I can understand how devs must feel. It's really hard to work on the side when you have a demanding day job which takes most of your time. In that regard, I give them my respect, but the way things look right now, it is just not enough. A possible solution would be to try and expand the team with the coins they got from moolah (sys coins) to get things moving faster, as another slowdown would do no good. They should be rewarded in the end if they manage to pull this off, but it looks very hard at the moment.