habeas_corpus
Jr. Member
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Activity: 135
Merit: 1
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August 19, 2017, 08:00:52 AM |
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Time to address all the people sucking up to Crowetic.
I started with Burst October of last year. I spent quite a bit of money to set up a Burst mining rig. All my Burst went into Assets, 4 of which are run by Crowetic.
Adam came into the picture and eventually Crowetic left Burst forum and joined Adam at BurstNation. I followed them there. I found out a short time later that Crowetic did not make a graceful exit from Burst Forum.
Crowetic ended up getting involved with a guy called nameless, who issued an asset, of which I also had shares in. Nameless got Crowetic to invest in some ventures (I don't have details of all the ventures).
Some funny shit went down, and next thing you know, both Adam and Crowetic are blaming each other for shit. Thing is, Crowetic DID IN FACT take the escrow from Burst assets and some other asset funds and together with Nameless, they attempted to suppress the price of Burstcoin, which ended up backfiring and they lost all the Burst.
There was also an issue with the pools being DDOS'ed and Crowetic admitted to being part of that. I'm sure Adam did the same thing.
Now, even though what Crowetic did with the funds from the escrow and other funds was wrong, I wasn't angry. People make mistakes and I had faith that he would make things right.
Crowetic paid the funds back, but it seems he got the funds from selling other assets and issuing a new asset for equipment to set up more mining rigs.
Up to this point... I had no issues with Crowetic, I was still buying shares.
But then, a week after pushing people to buy shares in his new asset... The BOMB dropped!! Crowetic drafted a "Leaving Burst" letter, in which he lists all kinds of reasons for leaving Burst and buying back all his assets, which he posted online.
Now, in itself, I don't blame Crowetic for leaving Burst. Many people lost trust in Crowetic.
MY issue, is that instead of doing the honorable thing and buying those shares back at a fair price, he offered a small fraction of their real value. Considering the prices had already suffered due to Crowetics and Adams battle, to get such a low ball offer for buyback was insulting, to say the least. Mind you, some of the players that had large stakes in his assets were offered pretty generous buybacks.
To my knowledge, only Haitch refused to accept the offer, in return for his silence. Haitch then posted that Crowetic had offered him and other large asset holders a more generous buyback if they didn't tell the other asset holders.
I have also been a part of Qora for a long time. Why? Because I believed in Crowetic and so I bought Qora. Even when it was dropped from Poloniex, I still kept them.
Crowetic had no time for Qora when he was in Burst. Yeah, a quick message every 3,4,5 months, but nothing real. Then as Crowetic is leaving Burst, he reaches out and tells this group that he now has 4 full time devs working on the wallet.
Behind the scenes... Crowetic was looking for a new project (not Qora) and he happened upon SIGT. He offered his services to the dev team, and not knowing what he had done in Burst, they accepted him on. It didn't take long for someone to let the devs in on what Crowetic did in Burst AND the fact the FBI are involved.
News of Crowetics involvement in SIGT was not appreciated in the community and you can imagine the postings in their forum. The devs have come out and said that because of what they learned, Crowetic is no longer involved with SIGT. There is some distrust in SIGT because Crowetic was involved, even though it was short lived.
Soooo.... There you have it. FIRST HAND KNOWLEDGE from someone that got shafted by Crowetic.
If Crowetic had given we asset holders a fair buyout, I would have said, give him a chance to prove himself. But since he intentionally screwed us over, I don't trust him do what is best for Qora. For me, you don't screw over people that believed in you.
Just look at his postings... Buying Qora for 1 sat 2 sats 3 sats 4 sats So he does nothing, people lose faith, then they give up and want to get rid of their Qora. And Mr. Wonderful buys them from you for next to nothing. Then..... I'm sure the new wallet shows up shortly, the price jumps, and Crowetic makes a killing.
I'm in agreement that we need to find a new dev, and maybe even someone that could be the voice of qora, who would also keep the community updated in regards to the dev(s) progress.
We all know that as soon as we have a working wallet, we can get listed on an exchange. STOP waiting for Crowetic to spare a few precious minutes to decide whether or not he wants to do something for Qora.
DO IT YOURSELF!!! DO IT NOW!!!
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