Author Topic: Concerns about AGS donations being reinvested in AGS  (Read 6539 times)

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Offline liondani

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #45 on: June 14, 2014, 09:23:06 pm »
Quote
- they don't give us the same oportunity ...

What does this mean? We're not getting any advantage, we are all investing personal income. You mean BTS trust should pay you also?

Well, employment payments deals and negotiations are non-public, so we have no way of knowing there isn't a contractual obligation to devote some % of pay above the real salary to cycling funds back through.  If you want people to be vested in your ecosystem in a way where they can't leave, Angelshares do that well.   

I'm not suggesting this is being done, but that it's a plausible explanation for the rather heavy re-investment.  That person is mostly competing against themselves, which is not an entirely rational strategy.

We have no contractual obligations regarding AGS recycling. 

I do know that Dan N, Arlen and Brian and supporting AGS.   

That's good to know, hope that's the fact with all involved in the project...

PS toast everything is ok, I totaly misunderstood the "liquidity-thing-theory" about AGS's only for I3 employees...   ::) :P
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Offline CLains

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #46 on: June 14, 2014, 09:30:22 pm »
Even when new evidence refutes a hypothesis, we often keep the feelings associated with the initial hypothesis, leading to rationalization of new evidence to fit a similar hypothesis.

Offline gamey

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #47 on: June 14, 2014, 09:37:03 pm »
Even when new evidence refutes a hypothesis, we often keep the feelings associated with the initial hypothesis, leading to rationalization of new evidence to fit a similar hypothesis.

Cognitive biases are a *****.

(I don't have a way with words..)
I speak for myself and only myself.

Offline tonyk

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #48 on: June 14, 2014, 10:04:56 pm »
Cognitive biases are a *****.

(I don't have a way with words..)

Never let the Facts stay on the way of a good conspiracy!

???
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline tonyk

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #49 on: June 14, 2014, 10:12:38 pm »
Let me get the facts straight though:

Whatever small tips I personally have received from the AGS fund I have reinvested back in AGS. So for me this whole topic is total non-issue because I know the logic why people do it without being ask/obligated.Granted I do it with just some change and not my main/complimentary income but the logic is similar and clear to me.
But this is done by me - one of the people that most actively/aggressively (and probably most often) is voicing his disapproval regarding all kind of Invictus decisions, behavior and suggestions.

On a semi-side note: If anything it is positive sign that people that are a step or two closer to the company's kitchen have similar behavior i.e. continue believing that the project will work and try to get bigger stake in the future DAC’s
« Last Edit: June 14, 2014, 11:33:16 pm by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline bytemaster

Re: Concerns about AGS donations being reinvested in AGS
« Reply #50 on: June 14, 2014, 11:28:44 pm »
I have asked Stan, Brian, and Arlen to work extra hard to clear up this and provide increased transparency on when, how, what, and why funds are being used for.    If they live up to my vision for it then you all will be very happy. 

If not I will hammer them until I get want I want to see....   just trying to avoid getting side tracked by these kinds of issues so I can focus on release.
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Offline CLains

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #51 on: June 15, 2014, 12:39:25 am »
If not I will hammer them until I get what I want to see....

--------------------------------
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   
These are merely my opinions and I reserve the right to change them at any time.


lolled. +5% +5%



<3
« Last Edit: June 15, 2014, 02:24:27 am by CLains »

Offline tonyk

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #52 on: June 15, 2014, 12:42:46 am »

Sorry, I think it is funnier with well-chosen part of the signature:


If not I will hammer them until I get what I want to see....



<3


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Anything said on these forums does not constitute an intent....These are merely my opinions and I reserve the right to change them at any time.

« Last Edit: June 15, 2014, 12:49:17 am by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline CLains

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #53 on: June 15, 2014, 02:24:51 am »
Excellent. edited :D

merockstar

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #54 on: June 15, 2014, 09:17:33 am »
If not I will hammer them until I get what I want to see....

--------------------------------
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   
These are merely my opinions and I reserve the right to change them at any time.


lolled. +5% +5%



<3

 +5% for the meme. that belongs in your meme thread clains I lol'd my ass off.

Offline shemnon

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #55 on: August 20, 2014, 07:14:26 pm »
Here's some blockchain analysis I did:

http://blog.cryptocrumb.com/2014/08/reinvestment-of-crowdsale-donations.html

TL;DR - Stan, Synapticad, Cason, and an unnamed "admin retainer" reinvested over 20 BTC of their compensation.

Offline toast

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #56 on: August 20, 2014, 07:25:40 pm »
Here's some blockchain analysis I did:



TL;DR - Stan, Synapticad, Cason, and an unnamed "admin retainer" reinvested over 20 BTC of their compensation.

seems perfectly reasonable...
You realize these are personal salaries and not funds still held in the trust as AGS donations, right?  Do you expect employees not to reinvest?

edit:  Ah, after a readthrough I see that you are not making such accusations. My bad, good analysis.
« Last Edit: August 20, 2014, 07:28:00 pm by toast »
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Offline cass

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #57 on: August 20, 2014, 08:37:38 pm »
wow respect for this analysis :) great work
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Offline donkeypong

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #58 on: August 20, 2014, 11:44:32 pm »
These are honorable people. They've had hundreds of opportunities to rip us off. Instead, they have been frugal and transparent. Thanks for confirming again that our respect is well placed.

Offline Gentso1

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #59 on: August 21, 2014, 02:30:18 am »

and you know what, I believe it +5%