Sadly I must agree. After reverse image searches of the team and watching the Slack channel for several hours, I'm seeing too many inconsistencies (plus the very similar teams between IoP) and annoying grassroots vagueness similar to both PIVX and IoP marketing. It all just makes me uncomfortable. Apparently an Israeli superstar (Gal Gabor) is on the team!! I'm not a FUDer but just some red flags to note.

The website is well-made, the PR very good, and the pitch convincing but I'm now apologizing to the folks who may have took me as a "fanboy" a few evenings ago in the main thread. Glad I got my share mostly as DNET and avoiding a burst too. If the project is legit and it takes off then shame on me, but I'm pulling my risk out of it too.

--


Some quotes from Slack tonight when someone asked about next steps and a roadmap from a "Matias"

[1:26] 
As far as I know there isn't a roadmap

[1:26] 
everyday we are joined by 100 new members

[1:26] 
100 new skill sets

[1:26] 
100 new set of values

[1:27] 
Everybody is pushing in the direction they think we should go, and talking with others to form teams to make things happen

[1:27] 
I do not expect we will ever have a detailed linear plan like [removed coin name to prevent any accusations I'm partial to another project]

[1:27] 
we are going to have many ideas

[1:27] 
we are going to try the good ones

[1:28] 
we are going to build a lot of things, create projects to push as forward

[1:28] 
some will survive and will be adopted by a big part of the community

[1:28] 
some will fail, and we will learn from them

[1:29] 
we do not know where are we going, but we have the manifesto to guide us and a really strong common base of shared values




USERNAME REMOVED [1:32 AM]
indeed build a strong community, but the business development plan will be the next thing that moves the project forward after major exchanges

[1:33] 
it needs to start be worked on

[1:34] 
you say no linear plan like [removed], but investors will want to see outlines, being too free floating is a risk

Cute ...

https://www.youtube.com/watch?v=nfWlot6h_JM

They haven't been in the wallet long enough. It's a built in safeguard.

https://www.youtube.com/watch?v=XyIItTCTlZA

I'll second the first part of that statement. Cheers. 

T

Thanks again for the pleasant replies. At the very least, if people are willing to spend their precious time talking about something then it likely means something to them significant enough to take up their spare time. Otherwise I would think there are better ways to spend a day and dollar.

I have told NO ONE to invest. I bought DNET long ago as a penny stock option. I just noticed one day my Trex account had something called PIVX in it. I am an accidental owner. I would provide my address if it wasn't stored on Bittrex for verification, and I apologize if we have a language barrier that might be contributing to any misunderstandings. I think we do not share the same first language and I respect that.

You're right that he could have missed it, but he missed it without the assistance of 300+ page long threads of arguments that might confuse potential newbies.

With that I realize I am embarrassing myself by hogging up this thread. Sorry folks and good night from Seattle. xoxo.

Exactly. Which is the same thing my aforementioned friend of Grandpa did with traditional stocks. He didn't throw away other people's money. He invested in something that he saw potential value in. It's literally been a day of decline. Perhaps we should just wait until trash day to talk about money being thrown away.

Thanks, that helps slightly. My primary interest isn't personal wealth since the market isn't big enough yet for that. Stuff was happening looooong before the Internet was even a word - investors don't just get lucky all the time; a lot of careful attention to early developments (i.e., BTC, DASH) influence future investment choices. That's where we are at, in my opinion. We need successes and failures to get to the next point. If it's ETH, XMR, PIVX, or the next sexy thing to premier - they are all essential in a developing economy.

With that said, I am interested in how any and/or all of these technologies will solve issues related to social welfare. Again, I am a professor first and foremost.

Microsoft is bigger than the specific product you just mentioned. It grew, organically, over time. It earned it's value. At any rate, we are clearly not on the same page and we shouldn't subject innocent bystanders to this banter.

Read what he said and explain to me then. Because it doesn't make sense, at all, and it doesn't appear he took "the time to post" anything meaningful. Microsoft stocks were one of the foundations of the dot-com boom. Early birds got the worm, just like any other market or asset. Clearly he and I are not understanding each other due to some communication errors. I simply cannot follow the grammar.

I am totally prepared for failure! It happens all the time in this market. I'm not a fan of anything with less emotion than a Taylor Swift song.  These are just simply numbers in a portfolio, not marriage or heartbreak.

I do, however, appreciate all the data my research relies on from these forums! So clarification helps.

Edit:

As an example, I will provide a screenshot of the order book as of 02:01 PDT to justify what I'm saying. The market has evened out. We have a beautiful, nearly-even sell/buy book. This will, change, certainly. But no person or group pumping to dump would risk millions of dollars with a healthy order book.

https://drive.google.com/file/d/0B0d67Br9Gh9TVGdsSkpWQzRDTDg/view?usp=sharing

Again, what are you saying? "Fanboy": define, please? I'm logical and pragmatic.

Do you know what MSFT refers to when it comes to stocks and the amount of value people accumulated in the late 80's and 90's?

Thanks for the clarification! I haven't been active on any forums since I was a teenager and etiquette has changed. I'm 29 but "tl;dr" just became part of my vocabulary a few months ago. I'll always be a chatty cathy from the middle-school AIM days. My primary interest in all of this is academic research (I am a SW professor studying BC tech's role in combating poverty) followed by personal gain. I suppose I carry myself the same whether using my digital identity or real-life identity. I probably just need to chill. Respectfully. Tyler.

We are right there with each other and I think it's important for the many new and upcoming people to enter the new and growing crypto/DC market to realize that this forum is pretty full of quick, single liner's meant have influence on your decision. Please, please, please ... don't throw money into this crazy market if you can't understand the reason for the volatility.. I'm a picky investor but this really earned my respect. My money has been safe with PIVX. I watch the books and I see the bots just doing their thing. Once that's done, then those who manage their own portfolios will show up.

I'm too chatty for the Internet. Ignore the bold - it's just for effect. If I was unfamiliar with this market and perusing these threads to try to understand an asset, I'd probably miss the most important submissions due to fear caused by others. PIVX isn't paying me to say nice things about the project. If you're new here, pay close attention to signatures. These indicate bias. Bias isn't bad, but be aware. The market is wild and we are all looking out for our own best interests.


It is sometimes fun to see what the next reply will consist of when trying to quiet the FUD.

My Grandfather once said he wished he had listened to his friend when he started talking about stocks in MSFT. He didn't have to try surviving a faceless market!

  As you said, natural profit taking is good. Add the immature FUD, then my curiousity is piqued as to why these folks seem so interested in it failing. There are plenty of other ways to spend your time than hanging out here.


I sometimes think assessing the threads here are better for speculation than troll boxes or tech analysis. Textbook reverse psych. PIVX is still the investment I have been the most confident so far in my career. I mean, Bittrex ICO pump and dumps aside, the volume in comparison to the overall market simply cannot be a collective pump and dump (unless one is a conspiracy theorist).  This is not advice, but personal opinion.

I literally, not figuratively, have no idea what you just said.

I don't know about anyone else, but my total value has not significantly changed in a diversified portfolio. It's still trading at a high price. I see no reason for the single liners about this.

ellipses would be " ... "

their*

The only shirt available is DNET. I couldn't find PIVX yet. 

You should write the first Bitcoin obituary then about it. I'll put you in touch with a publisher. I'm not as emotionally invested in PIVX's success as some seem to be in it's demise. The proposal from the team makes sense, they have proven they are working hard to move forward with their plan, and the product offers features many are seeking. It is just acting like a natural asset, unlike most cryptos. This is exciting to me. I love the drop - this is organic and good for the market.

It is not, at all, simple as that. Theoretically everyone put forth a certain amount of money to have ownership of a certain amount of the asset at the time. If the price goes up, they can choose what to do. Everyone had to put something up knowing the risks involved. That is about as simple as it gets.

I made some profit from old DNET coins, bought too high during recent appreciation hoping to make more profit (still do!) and ended up breaking even (I could've made out nicely). I'm not belly-aching about it though. Simple math clearly validates this asset. The RSI always returns right to 50%, distribution is evening out, and the price has not plummeted without recovering. It's not a dump. It's initial profit taking.

Something that did not happen ... tons of money put into an ICO that is dumped before you can get past a Captcha. The volume is consistent and there have been literally days of opportunity to take profit.

And yes, to whomever asked earlier, I realize I am on the Internet. Again, the tone. This contributes to why many people don't take us as seriously as we might like. This is a product, a developing economy; I'm going to act like a professional when discussing how to handle finances and technology that are in their infancy.

  Right? Lots of selling is because people need that passive income to provide for themselves. Goodness, if I needed to, I'd sell the DNET I bagged at 2 cents each if the price reaches 70 cents and I have bills to pay. This is money and back when in University I would've quickly sold anything that made me a few hundred bucks. Why else would you even bother with all of this? I like charts and graphs, but not enough to ignore what the data represents.

Unless you know who is selling on the other end, then you don't know who is selling. It's all just speculation.

One must learn to be intelligent enough to discern both and ride the middle path. I would be more concerned if an asset or stock that appreciated this quickly did not correct. I want to know my investments are distributed evenly among many people, not select few. With that said, if those large holders need to sell off to equalize distribution, I can exercise patience.

Perhaps lightening up on the language/tone would make your post seem more relevant to the conversation I was just having with Eleanor and thus deserving of respect.

I'm a fan of supporting myself financially. That's it.