How do you use "that cash" to support the price? What cash? Share with us your knowledge of how this can be done.
This is the last time I'm humoring the community on this (or even dealing with the issue for that matter - whoever hasn't woken up to this by now, never will). If you don't see my point, or don't care to address it, then that's your problem, but it's obvious that if you have a coin that you've taken over and (okay, I'm not going to be negative so I'll put as positive a spin on this as I can) it's not exactly running smoothly (with price falling by over 2/3, and various unresolved technical issues still plaguing you after having a difficult changeover, and still only one functional pool running, and still only one exchange . . . I think I'll leave it at that so as not to over do it)
you don't go on vacation, and you certainly don't flaunt a high end, "sailing at sea" vacation.
Do you really need me to share my knowledge regarding your question? How much would a "sailing at sea" vacation cost you? Who can afford that kind of vacation? A regular middle class everyday Joe? (Only if he just made one big killing selling something special.
) Someone who has a considerable net worth? (Could also be someone spending to their credit's limit, of course, so let's just say someone with access to easy money.) Does this answer your "what cash" question?
If he's sailing at sea, he's not doing it for free.
Whether it's borrowed, taken from personal savings, from windfall proceeds, whatever the case, if the funds are as disposable as those for a high end vacation, they would be better directed at supporting the price of the coin . . . unless he doesn't take any of this serious at all. How do you do that?
BY BUYING!!! Question answered?
After all, isn't it this same "Chief Visionary Officer" who spends so much time
telling others not to sell, but to hold, and to buy, and that in the long run it will be worth it?
As I said, if it were me, in the same situation, I'd be putting my money where my mouth is.
BTW, it saddens me to think that you are unable to recognize and appreciate my contributions, and if you only think technical contributions qualify, and want to go back and see some of my technical contributions from early on, I'm sorry that you might have it a bit difficult doing so because
you'll need to ask the moderator who deleted perhaps one of the most important technical contributions made . . .
and I know it wasn't deleted by accident.
Open you eyes.
1) Cryptonit is clearly not an native english speaker. So assume he does not live in your fancy American bubble, maybe Europe where things are different.
2) Why would Cryptonit's sail-trip be classed as vacation?
if ya wonder why im so silent next few days im away on a sailing trip
my foundation position was never designed as communication person
He could be a sailing instructor on the ship. As far as I know he has not specified his main source of income.
He could be doing civilian military service that is 2 weeks refresh/drill exercises at high sea every 5 years (Yes, I did Navy Military Service)
He could be spending time with his family that has their own boat. It might be so much part of the local culture that basically "everyone" (70% of ppl in my greater neighborhood) owns a boat, cause they live by the sea and have been boat owners for generations. It is also common to borrow your family boat to go with your own close family (wife and kids) to many nearby locations where you either sleep in the boat itself or on rustic houses made out of wood with no electricity (as its the archipelago). Wind and sun is offered still free of charge in Europe, thus making this trip cheaper then going to Spain by RyainAir and staying at a 3 star hotel. Just for you to compare costs.
So to consider sailing as altogether high-end is just ignorant accusation.
3) Why wouldn't he be able to remove himself from the daily activity at this point? He has stated he is not a communication person and that he does not have the programming skills needed for "hacking the code".
The persons with that knowledge are working on the new wallet and the POS feature. They have reported great success and are on final polishing mode to address smaller (but still relevant) problems (as staking 30k DMD). He is not needed in that phase thus making it
ideal situation to have a breather and change of scenery.The fact is that they, the Dev team, have a clear idea of where they want to take this. They have setup goals and are crossing them off as they go.
We know that POS is collecting coin-age at this point that will be usable in the close future.
We know there will be a new wallet released soon.
We know
DMD is the only coin that have forked from Scrypt into Groestl algo.We know there will be a hard-fork to address some structural changes.
We know that Groestl is the most energy efficient algo out there today.
4)
What money? Since the blocks stopped at 386228 (exactly 1 month ago) there has been 37719 new blocks (until just right now) at a 5% foundation fee it will total to 1885 DMD (until just right now). Lets assume an average sell price of 0.00075000 (which is high, since the exchange rate has been lower than that half of the time) that makes up 1.4 Bitcoins that has to firstly cover any expenses the foundation has (web-hosting, electricity, hardware etc) and then go to salary and then the rest to "Cryptonits high-end vacation".
HR, you accusations are totally wild and not backed by any evidence or information. Though the effect that you cause throwing these accusations around will harm the coin tremedously as not everyone has the time, dedication or interest to dig into the facts. Its enough they see the accusations and they move on to the next coin.
I know you are a smart person, you have already proved that in the past. Which makes me think that you are bashing the coin to buy in at low prices. Which would be dirty tricks if correct.I do agree that information sometimes is scarce but not to the point where people should panic. The Devs are working on the solution and it is moving forward.
Though things need to be done at the right time and mainly in the right order. First release the new wallet, then comparison sites (coinwarz etc), Coin marketing (website, blogs, cryptocoinnews) and then new exchanges as demand grow.
This is all compiled information from this thread. I do not have any inside information nor know any of the dev team.
