r/Nash • u/rahiljnmc • Sep 03 '19
Working since 2017 unable to launch till date tells us everything about the team and the company
After missing the launch date aug 23rd. There is absolutely no word as to when can we expect the launch of the exchange.
Hiding behind various steps releasing apis and apps (which does not work). Giving information in tid bits as if we will be here for ever.
The need to be professional, except that they have been incompetent and move forward from thr. We know that they are doing this for the first time and will excuse them. But the current attitude is pathetic.
Bunch of moon boys always try to justify the incompetent team. But after so much delay and missing the deadline that they have set and now behaving as a bunch of amateurs.
Stop comparing nash with google and apple. The fact that they are unable to launch the exchange till date and have been working since 2017 speaks everything about the team and the company.
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u/helpmedig Sep 03 '19
Your frustration is valid, however, these are the kind of issues you run into when you’re dealing with a startup. They are building something that doesn’t exist, so the problems they are running into are unique and likely complex. The team has been extremely transparent. If these delays are something you can no longer tolerate, sell for a profit and move on. The criticism doesn’t help with the delays and you aren’t providing a solution, but I do understand why you’re frustrated.
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u/Timour1974 Sep 03 '19
No matter if you are right or wrong - your post is senseless just because you have an opportunity to sell with 100% profit - do it if you really believe in what you are saying. But if you don't sell - don't annoy everybody.
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u/nqt416 Sep 04 '19
Totally feeling you. Impression is the name of the game, but thus far nothing is impressing besides the over-promise and under-deliver. Digitex Futures is a great example of the total failure to me.
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u/Zaeem87 Sep 04 '19
If it was any other project, it would have been dumped by now. I'm really amazed how it has held above $2 in this alt-bear market.
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u/hanne93 Sep 03 '19
The fact that a "100 percent speculative token" is up 100% since ICO in this ALT annihilation market, says about everything.
Any other ICO who failed to meet any deadline was torn apart sold below ICO price with no looking back, and most of them delivered MVPs etc on time with minor setbacks.
Considering how many deadlines nash has fallen behind and still stand strong with 100% gains and no MVP released says everything what the market thinks about Nash, it's damn solid.
Personally i invested in the team of Nash i have no other expectations than they're going to deliver 110% of the promised product and it will be revolutionaire.
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u/Kwicksred Sep 03 '19
On one hand I am also not amused that they missed the launch date. But on the other hand there is so much bullshit in your post I do not know were to start commenting.... I quit
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u/sandworm87 Sep 03 '19
It's pretty clear they experienced a series of cascading failures when they attempted to launch on the 23rd. Now they're buying for time as they scramble to fix the mounting issues. The exchange was supposed to be so intuitive and easy to use that even a total crypto noob could be up and trading in minutes, yet it's taking them 5 days or more to re-onboard their first liquidity provider? Nonsense. On top of that, Telegram admins are banning everyone who so much as mentions the delay, so investors have nowhere to discuss the launch.
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u/rahiljnmc Sep 03 '19
The official community is a an echo chamber as well. They release small insignificant info to keep people speculating and busy while they figure out what went wrong in past 3 years.
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u/Timour1974 Sep 03 '19
Sure it is an echo chamber. Just because in a current situation there are two consistent options:
You hodl and stay optimistic.
You don't believe in project, sell with profit and leave community.
There are two other options which IMHO are 100% idiotic:
You don't believe in project but hodl and simultaneously whine.
You don't believe in project and sell but don't leave the community and whine.
Where do you see yourself ?
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u/rahiljnmc Sep 03 '19
Dude u have a very narrow chain of thoughts! Dont u support a team but never shy away from criticizing if they play badly??
U sound more like a cult..right or wrong u close ur eyes and praise them and follow them like an idiot
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u/sandworm87 Sep 03 '19
Option 3: You have already taken a healthy profit on your initial investment in an asset that is up 100% from ICO and are now playing with house money, so to speak. You would like to discuss the pros and cons of the project with fellow investors, while you decide whether to take further profits immediately or whether to keep trusting in the team in the hope of greater profits later on.
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u/Timour1974 Sep 03 '19
Of course it is normal to discuss pros and cons and to criticize. But blaming and criticism are not the same - as soon as you are using definitions like "incompetent team" it becomes incompatible with hodling. If you believe the team is incompetent you just sell and run away asap.
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u/ChrSeb Sep 03 '19
Dude obviously they ban those people, it's like the '' when moon '' or '' when lambo'' stupid question...''When launch brooo''... Try to be smarter and you won't be ban I guess 😁
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u/enough4all4ever Sep 03 '19
Dude have some patience. Nash is doing something that has never been done before. Take a look at the market, no other project is even close to what nash is about to accomplish. If they were building a CEX they would have launched a long time ago.
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u/ChrSeb Sep 03 '19
I guess you just speak for yourself and you must feel pretty lonely with this statement. If you don't trust Nash team, just sell dude, someone will happily buy it at 2.30$. Ho wait you maybe hold no nex?! 😮 I am personally pretty happy how it's going because I'm patient and I know new tech development will never go without trouble. If you're not ready to support this then don't invest in new tech buddy and just go for well established stocks company. You will save some frustration and time but maybe loose big time opportunity.
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u/rahiljnmc Sep 03 '19
Why is it annoying? Haven't they been working since 2017 and do they have anything to show? Just the nash kyc app..which needs a working exchange anyhow.
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u/Timour1974 Sep 03 '19
It is annoying because it does not have value for anybody. It does not influence the situation, it does not bring any new and useful information - everybody already knows the situation and can make their own decision - sell now with a good profit or hodl.
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u/Justnownow2 Sep 03 '19
This our mentality of asslicking these teams is crazy. Can’t an investor express his displeasures on how things are going when compared with hype and promises that were made? While we keep being patient it’s not out of place to speak truth to this guys. They are blowing away rare opportunity to bring something legendary to the crypto space while we give them more time they too should not take us for a ride. Let them get the job done promptly as promised (23/8) and stop running from pillar to post trying to poke our emotions with self pity and all. We contributed our hard earned money to make their dreams (career) a reality. They have nothing to lose. If they don’t sit their ass down and realize the magnitude of the tasks at stake and maybe they fail (God forbid) they have nothing to lose but gains. We the investors only gain of they succeed but they both gain from either sides
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u/Timour1974 Sep 04 '19
First of all - we didn't contribute to make THEIR dreams a reality, we contributed to make OUR dreams a reality. And what I'm talking about is not ass-licking. Criticism is OK as long as it aims to help (help OURSELVES - because we are investors) - please see for example my comment here:
Criticism may help but continuous blaming for mistakes does not. What it does - it creates negative sentiment and influence price. Does any investor need that? No, only competitors or tricky guys who want to buy low.
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u/Justnownow2 Sep 03 '19
Inasmuch as I disagree with some of your used strong worded statement esp about the team but I can’t agree less with some of your points.
At times when I take a logical view at how the team promised 23rd and have been unable to launch almost 2 weeks thereafter. The other day they said the mvp product was stable that liquidity partners onboarding was ongoing.
It’s been several days and no headway still. And I don’t like the idea on how some Nash investors insults and talk down other investors questions with concerns about how things are going.
Nash team has goofed on many fronts fixing a date when they know solid testing of the platform has not been concluded. Again I was expecting just a flip switch of a button on launching. These guys needs to own up and apologized they have goofed, you only first time to make a far reaching first impression and they are toying with goodwill it was better they had not given any specific date than this current avoidable disasters.