Quite on the contrary. From the beginning of my presence here I pointed my finger at things that needed improvement, e.g accounting and revenue.
Had you listened and implemented a revenue scheme first and started mass NSR sale later, you could have sold them at way higher rates.
Nu could have made a new start, but you are instead just trying to prolong the ponzi scheme.
Nu was starting with the funds that were gathered from shareholders.
These funds are gone; wasted in an unsustainable liquidity provision.
The cashflow dried up and the NSR rate crashed.
You repeat the story of the broken peg that caused the NSR crash. Please don’t consider the average shareholder that stupid.
The NSR sell pressure was much higher than the NSR buy pressure, because Nu’s economic scheme was unveiled as deeply flawed.
That’s the story of the NSR crash and the Nu failure you try to ignore. The market doesn’t ignore.
With revenue, you had sold NSR at higher rates (beneficial for shareholders) and might have been able to buy more NBT (good for customers).
Allow me to ask again: how many NBT are still in circulation and not backed by BTC?
I tried to improve Nu, because I wanted to become a shareholder. I found Nu interesting-looking.
With all you did in the last months you put me very far from that idea.
is what you do. You don’t do traders and shareholders a favor. You play a game trying to enrich yourself. You run a ponzi scheme cloaked as Nu.
Pumping and dumping both NBT and NSR is part of that game.
I’m glad that I’m not the only one who recognizes that.
You, @Phoenix fail to recognize, understand, acknowledge what’s wrong with Nu. Or you know it and still act oppositional to what’s good for Nu.
So you are either stubborn or dangerous. Most of your posts make me think it’s the latter.
As you appear to control (directly or indirectly) the majority of the votes, you can do as you please and put the blame on ‘shareholders’, if the inevitable happens.
Corporations can’t be run with hope. They need money.
Not necessarily and of course not if the orders are placed to manipulate the market, which is a likely reason.
The person who was front-running the collapse and could sell tens of thousands of NBT at the pegged rate was no loser.
The shareholders who sold NSR during the buybacks and bought NSR cheap during the selling-off were no losers.
Is it so strange to look at it like both parties might be the same?
They do and ever did. Without revenue NuBits holders are ultimately the ones who will end up with NuBits that nobody wants to buy for BTC or anything else.
Selling NSR on the way and wasting the proceeds doesn’t change that.
In the end there will be NuBits holders with worthless tokens.
You are my hero.
I think about drafting a concept for an improved version of Nu here. It’s up to Nu to absorb that or wait for others to do it.
