Quite likely the TRON team promised the exchanges that once they had control they would implement a hard fork to allow them to re-liquify their stake.
For me, and many others, trust is gone. The STEEM community has no obligation to make good on the sale of Steemit nor to facilitate or compensate the exchanges who have acted in bad faith.
The exchanges have been cought out let them take the fall out.
Bittrex didn't. The legends
All support for Bittrex is warranted in this regard but I wouldn't call them legends merely for doing the normal thing that all exchanges should be doing: Not misappropriating customer funds and then claiming it was a 'mistake'.
Agreed for sure.
What I meant was kudos to them for not caving to pressure from Justin Sun if he asked them to power up and vote witnesses in. I know you shouldn't have to congratulate some company on doing the right thing
What he's saying is this is not "the right thing", it is simply what's normal. They didn't go out of their way to do something good. "Not doing something bad" isn't "doing something good".
good
Indeed. I am still quite shocked that a market leader like Binance has trashed it's reputation for a few shekels in payoff. It was an incredibly poor business decision.
It's a you scratch my back, I scratch yours rich boys club. The exchanges are corrupt but will still prosper (probably) unfortunately. They think the masses will shrug their shoulders and forget about their treachery but I think the peasants are PISSED.
In the grand scheme of everything this is minor for him. And he publicly took blame on him.
The "onwards" hashtag he used in his tweet will be the reality. One can but hope he will audit how things went and design a better decision making process but that's probably slightly too idealistic. But who knows... he and huobi may have learnt from this?!
No, I'm not downplaying his mistake but life is fast-paced for those decision makers. Dan's celebrating DPOS` resilience, Vitalik's probably sniggering at his position on DPOS being validated... just another day in crypto & life goes on.
No, he claimed it was a 'mistake' and they thought it was a normal hard fork update being pushed by the devs. Except that one does not lock up customer funds for a normal hard fork update, so this is a lie.
Fools do business with fools, liars, and thieves.
No one that cares about their money will.
exactly - new video coming up soon regarding this - in my own subtle way of course.
(endcoding as I type)
that I'm psyched for and am surprised after some shenanigans by Ned in the past people are surprised he did this, Cognitive Dissonance is a thing I guess O.o
this is proving a hard lesson in the cryptoverse on how DPOS cuts both ways, yikes
Freedom of the community requires eternal vigilance by all. Fortunately the witnesses had an inkling of this and had the SF. Ned sold his soul for his pound of gold-good riddance.
Indeed. For many trust is gone, and for people who were optimistic - trust is very shaken :/
Agreed, trust is way gone, they are villains.
A sock puppet account if ever I saw one.
Please do better next time.