Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain
by
Qiuyue201
on 03/11/2014, 07:47:09 UTC
This might seem like a controversial idea but we could at least discuss it. We all agree that Syscoin has great technology and even more potential. The dev team is solid and did not run away in the light of recent scam. However, the team lacks their funds now, Syscoin is tainted by the Moolah scandal, there are plenty of bagholders and there is a risk that Moolah will kill the coin easily by dumping all the stolen Sys (it could easily collapse the market down to 0).

Current situation is not dev's fault. People might be mad that they lost money on this by investing in Syscoin at prices higher than 200 satoshi but the outcome was not the dev's fault. Should we start a new coin + bring all the Syscoin technology there + give old Syscoin holders discount at the ICO? There is no other way to fix current situation. Bagholders are bagholding (or selling when the price slightly goes up), new people won't be attracted by the coin (they have plenty of fresh coins to chose from that bring similar technology and are not tainted) and Syscoin brand does not bring good connotations.

So main question is: should we restart as a new coin?