Have you seen this?
Apparently 78% of community members who voted there oppose Phoenix. It doesn’t seem that we have enough voting power to prevent his motion from passing though. The only thing I can think of is that there are much larger non-active NuShareholders outside of this forum that agree with him, or maybe even know him and are voting to help pass it.
Or he has a majority control of the network through his equity. Even more after that stunt the other day where 70 plus btc were used to buy nushares. Wonder where those 70 btc came from? The market didn’t achieve consesus that day. That was a sole actor.
I am considering hiring a speciality forensic investigator in the crypto space to see if my suspensions are true. I do not think the gain other that personal satisfaction would be worth it given the situation.
It is quite clear that you are motivated to do what you can to make our project unsuccessful. That is usually the case with competitors. Are you a part of the Tether project? BitShares? or maybe MakerDAO? Please do tell us your real motive by revealing what you have in your portfolio.
I very much doubt it is concern for those who hold NuBits or NuShares.
If it was recent, then that isn’t possible because NuShares need to sit in a wallet about 7 days before they are mature enough to start minting.
My motive is to fire you.
You should relinquish your shares and control to the community who so desperately wants the project to move in the direction of their democracy. You are a tyrant in our tribe. You have stolen trust. You cannot even operate under your original alias. You are destroying our potential.
That isn’t a motive, it is an action.
What is in your portfolio again?
Your ego exceeds your wisdom. How do you know there is not a group of us who will steal the code to create a more perfect union. We are nearing the threshold of our patience with you. There is great value in restoring this project but don’t think for one second we can’t destroy your world.
By raising the NuBit price 150% in the last week or raising the NuShare around 40% in the same time? Which do you think is more destructive to the community’s potential, raising the NuBit price or increasing the NuShare price?
It is a motive. If we are going to argue let it not be over semantics. There are far more valuable items on the list.
Nushares, block shares, peercoin, xpm. That’s it.
How many nushares do you have? How many did you sell doing to buy back? Let facts be submitted to a candid world.
It is clear Jordan Lee has destroyed his reputation over the last weeks mainly because of his very poor communication and social skills.
That is ok.
That is a problem he or she needs to deal with alone.
Even if phoenix is very likely to be Jordan Lee, the individual or the group of individuals behind Jordan Lee cannot use the pseudonym of JordanLee (with all the reputation or the legacy) any more.
I think that is already a lot of of collateral damage.
Since this individual cannot have any development leadership any more, this individual wants to have a liquidity provision leadership.
That is logical.
Good or bad, I do not know.
Shareholders are voting right now although it appears that the voting power s getting centralized.
I hope that this centralization is not permanent.
If phoenix plan passes (very likely) then there will be a dilution of NSRs market cap.
I hope that would distribute shares to new comers and makes Nu get back to a more decentralized distribution.
Jordan, trust me, game over! You might be successful at fucking people like @Sentinelrv or @jooize over a few more times, but a lot of those having a close eye on Nu won’t make further mistakes that help you exploiting the community. I have written off five figures in both Nu and B&C Exchange and the good thing is that I can deal with it. I once thought I share your vision, but it turned out that I misunderstood what you had or still have in mind. You, with all due respect, are a piece of shit that destroyed the community with a few moves and I am 100% sure that you underestimated the consequences. You still put your bet on time healing all wounds, but I promise you that I will put another five figures into making it a hard time for you to make this successful.
Now let’s check my portfolio: Bitshares? No! Tether? No! MakerDAO? No! Nushares and Blockshares and a few others that have no overlap with the target market of Nu. I was proud of being a part of the Nu community and I advertised your specific name, Jordan Lee, throughout the crypto space as being one of the few trustworthy personalities even though you are anonymous. That was dumb. But you know what? You are even more dumb! You couldn’t resist your fucking greed, that was/is/will always be your problem. Thinking about it, it would actually have been quite a great story for an anonymous person or group of people named Jordan Lee to successfully establish a network like Nu, but hey, you certainly failed. If I were you, I would probably try to collect every single nugget from @Sentinelrv and @jooize as long as possible. One thing I wouldn’t do if I were you is talking this ridiculous shit that we all must read over and over again in the last few weeks. It is so stupid to even write that shit over and over again that I would fire a bullet into my own brain if I were you.
But why would anyone invest increasingly bigger amounts to buy shares in a broken distribution, fighting an uphill battle against a man with no honor? Wouldn’t the money and time be better spent elsewhere rather than playing with dao that is obviously not anymore if ever lead by asocial character which shows hardly any respect for alternative opinions or contributors for so many years?
Maybe it is time to make new nu with even distribution of shares and decent business plan?
huh? Can you please specify “anyone”?
@cryptog made a point that situation with uneven share distribution can be improved. I don’t see that as likely in this case, unfortunately.
where did he make that point? Jordan Lee holds a shit load ever since.
Last paragraph
Why do you keep bringing my name up in this way? I haven’t put a single cent into NuShares since the peg was lost and Jordan adopted his alter-ego. I have asked him countless times to show specific examples of how he plans to sustain liquidity provision for the peg long-term without revenue and all I’ve seen from him is a bunch of snarky responses about how it’s stupid to ask about revenue. I admit I didn’t want to think it was possible that he was orchestrating these events in his favor, but his recent behavior makes it seem more likely that this could be true and it makes me uncomfortable putting anymore money into the project. As a result, I’ve started putting my money elsewhere.
Sure. That should be a big option to fork and start from scratch a brand new Nu with a transparent shares distribution but it would not prevent someone from building up a lot of shares and thus power. That is the drawback of PoS.
Right now i do not see a large portion of shareholders (including me) that want to fork but we never know for sure what the future would bring to us.
In fact I asked them for the first time about revenue model in 2014 when translating white paper into Chinese, and because of my continuous asking in these years, I become an unpopular man in this community.
To some extend, thanks for this crisis, some people begin to query Nu’s model and even Jordan’s motives.
One good thing is B&C shareholder are voting a new leader: Sigmike, in fact we can rebuild everything on BKC. The most important is, share distribution is not so centralized: Around 40% BKS held in Nushareholders’, and other 50% or so in sole BKS holders’ hands. And the BKC, is a blank paper on which we can draw anything any color on it.
If 40% are attributed to NSR holders, then JL probably has around 20% of BKS as we know now. Secondly, the initial distribution was done by him based a completely untransparent crowdsale, where he could have made up another 30% of the bids in order to send more BKS to one of his fake identities. This is one reason why nobody will ever trust B&C as you imagine it.