Quote from: lifeforcepools on October 12, 2014, 01:29:57 PM

popcorn - you're missing the point

you wrote:

Quote

He is giving stakers a chance to increase the coin supply.

this is questionable - people who invested either by bellying up their hard earned money before launch, mining or by purchasing coins post listing are not getting what they deserve...

it's as simple as that - by the devs repeated releases of new wallets he has acknowledged many problems in the wallet and what people invested in is not what they are getting

that about sums it up

there is an assumption made on the part of investors that promises made in writing in the OP are going to be fulfilled and that is clearly not the case.

By taking people's money in return for statements/promises in the OP he is morally and many would say legally obligated to deliver what was promised. The OP and ICO can be construed as a legally binding contract and the contract has been breached on the part of the Dev.

that's my position.

The fact that the coin has fallen in value while disappointing (I was willing to take that risk) but it's not the basis of my dissatisfaction - it's the failure to deliver the staking return as promised due to negligence on the part of the dev. God only knows how many more coins I would have had if the wallet had worked as advertised (and promised) when released.

However with the proper forensic investigation I am sure that I could prove that I have not gotten what I was promised. Coins have never left my wallet, however to go from 21st 'richest' to obscurity in terms of 'rich rank' is clear evidence of negligence.

The upside to this debacle for me personally is that in the planning of my own coins that will benefit a Leukemia Charity that is very dear to me based on personal loss is that I will insure that ICO members coins (based on block #) accrue interest at a high rate than late comers to the party.

ICO participants should also have an advantage since they're the one that really help launch a coin and are often integral to it's success. The true believers are the ones who are willing
to put their own money on the line ahead of time and they should be rewarded for doing so.

LOL

Maybe crypto isn't your thing, Mr "legally binding contract."

thediglio

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