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RE: What has happened in BitShares?

in #bitshares4 years ago

So there has been a lot of drama, I am not really so active but for old times sake I am taking a passive interest in seeing what is happening. I would like to see good outcomes and if the situation changes might put more effort in. One September 10, NBS New BitShares was launched. Many have expressed skepticism that it is not going to work. Today, I saw an explorer link shared and took a look. At first glance it it not really a fork, the history is not there, the prior accounts are not there. It is basically a new start with coins being given to those that proxied them on the old chain. Looking at things like the witness names, they are all the same. This means there are not legitimately enough people behind the new fork to have unique names, unique people, unique thought power. I have see other fake copies of the entire exchange, and this is in fact another fake copy of the entire exchange. I look for a bunch of pumping and dumping. Some say fake it until you make it. It is crazy though. I also noted similiarity in lots of the names. This means account names are fake in order to create the appearance having more people sign up. The true number of people behind the CN-Vote group is unknown. Obviously, they had enough voting power to stop development, but while I saw some 700 accounts early on proxying CN-Vote I suspect the group is more smaller 25 folks. I really lack good ways to know. There may be 55 members in the New BitShares Telegram group but only 25 members with unique photos. Obviously, there are some that support them in chat, but there are some people who are very vocal-and annoying- and some who are silent. It becomes hard to gauge public opinion. One smart person can set up hundreds and thousands of crypto accounts on both the exchange and on telegram. I saw this in the past on both BitShares and a blockchain game where the telegram group had created like 4,000 or 40,000 fake telegram accounts to join the channel to make it look popular.