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RE: Thats it, it is over... I sold all my crypto currency and withdrew.. Thanks
Look at my blog that Dan himself jumped in and flagged to hide from public view. Obvious ponzi scheme is obvious.
https://steemit.com/cryptocurrency/@iheartyou/eos-ico-a-money-grab-scam
Unfortunately that Bitcointalk thread has been debunked over and over. Block.one is a software development company, for which they intend to deploy applications onto the EOS blockchain. The funding for Block.one existed before the crowdsale started. It would therefor be in their economic interest to ensure success of the platform. Additionally, Bitcointalk thread you're linking goes through great lengths to ignore a few indisputable facts, ones I don't have to time nor energy to provide for you. These have been a few legalistic interpretations of the purchase agreement.
In regards to the ad hominem arguments about @dan, the claim that he "jumps from one project to the next" without "finishing" them is blatantly false, in fact so false it's painful to read it. If anything, he's held true to his word. It was his plan from the very beginning to leave Bitshares. After all, it is a decentralized autonomous company, and no one man should have influence over it's success. Bitshares is now one of the most profitable, functioning, decentralized companies in the space. With the STEEM blockchain, while I don't agree with the distribution as is stained the platform with a "contentious launch," he also had the same plan from the get go. Build an idea, get it running and then bounce. Since then, numerous hardforks that he would have opposed were passed, and despite having the power to vote against them, allowed the community to make the mistakes and recover from them as a community. This has made the community stronger.
Dan has been talking about launching a smart contract platform since 2013, maybe 2014. But unlike Vitalik, he wanted to have more experience and some proof of concepts under his belt before he designed a protocol. Bitshares was his first dip into a DAC/DAO. Steem was a lesson in user adoption, usability and scaling. With these lessons, he can move onto EOS, which is not solely himself. It's composed of numerous figures with longstanding reputations in numerous crypto circles of varying technologies, some of them with less favorable histories, but the same could be said about many of the people in and out of Ethereum Foundation the past several years.
Either way, if something doesn't sit right with you than good on you for acting on your instinct and not falling into an echo chamber. Your post was likely buried because it's a false narrative that's been disproven, it factually misrepresents the project and is a tiring myth to deal with.
Thanks for a professional reply and not just flagging to hide my post. We all have our own opinions. My blog wasn't false narrative, it was questioning the validity of the post made on Bitcointalk. It'd be stupid of me to blindly throw money at a project without research and questions.
My mistake, I intended to imply that the post perpetuates a false narrative, not that your post was a false narrative. Had the post had a more neutral tone, it may not have struck a cord.
100% agree, and fully support and embrace your skepticism and desire to question a narrative.
No worries. The best way to see if a project or company is legit is how they respond to negative skepticism. Dan flagged my blog to hide it from public view gave me my answer.
he did the same to me. Down voted me with his 4 million in steem and took what little pittances I was getting from the post
4 million? Last time I checked it was 7 million. Looks like he's cashing out some already.