Quote from: Halofire on October 02, 2014, 07:40:42 PM

Quote from: CGAnomaly on October 02, 2014, 06:42:28 PM

Quote from: tertius993 on October 02, 2014, 08:23:28 AM

Quote from: tertius993 on October 02, 2014, 08:21:11 AM

Quote from: CGAnomaly on October 02, 2014, 04:01:39 AM

The swap site has been shut down and our total unclaimed coins comes out to 16091.47148838 CGA

Right now it looks overwhelmingly in favor of selling some to get a MP so make sure your voting if you want your voice heard

Any chance we could sell some and destroy some? Concerned that we shouldn't sell a lot and crash the price.

On reflection i'm not sure that is a good idea, money supply is so low that we need as many in circulation as possible. Just sell cautiously.

My personal opinion is we should destroy extra coins but this does give us an opportunity to pay for a quality tool that can help us grow in the short and long term.

My thinking for selling off would be off the market in personal deals. Selling for about 9000sat it would take about 4500 CGA to raise the .4 btc needed. Would anyone be interested in taking part from here?

Here's part of my deal with the swap's extras: When a coin swaps and if leftovers aren't destroyed and/or directed, consider the reclamation of coins (from the network) a "premine" or refilling the existing premine at the expense of holders who didn't get to swap. I do think some should be held in a "trust fund" for those unable to swap during the last few weeks, I know it's been almost a month but there are still people out there who missed the swap -- this also raises the bar for other coins performing swaps and for devs who possibly "reclaim" more than they should. I am in NO WAY SHAPE OR FORM pointing fingers or saying anything about the new dev team in this respect, please don't think that. I'm just bringing up a point -- that swaps are shady unless the coins are directed properly.

Maybe do this:
"Destroy" 2500.
Take 4500 for MP
Take 5000 for PR, faucets, 1billionhex co-development, CGA development, whatever.
Take 4000 for "trust fund", if not used by end of the year, debate what happens to them then, leaning towards destroying some or all of these. The game will demand a certain amount of CGA, let's not force Noble to buy them all. Perhaps leave some "trust fund" to that purpose as well once the time comes? Has Noble received any CGA yet?

This gives a well rounded solution to anyone who wants to raise points later on down the road.

Sounds like a good option to me. I could put the extra funds on Polo, have Busoni lock the account and he would have to personally approve any withdraws or trades so that what they are safe. Unless there is another way you guys would rather use to secure the coins. I want you guys to feel that the coins are in a safe place.

CGAnomaly

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