/biz/ - Business & Finance

It's clear by now to anybody who has been following the developments on this project or to anyone thats been here more than 3 years at this point the GHOST team are just making it up as they go along, with little to no thought or planning in what they are doing.This either a pump & dump get rich quick scheme or the worst thought out project in crypto history with the most incompetent dev team ever created. Over the last week or so this project has been absolutely plagued with scandals like nothing I can ever remember. We had the white paper scandal, then the dev scandal followed shortly after, It's also been proven that the price is being manipulated by bots. Not to mention the community, the hardcore hodlers of the Ghost community are some of the most toxic, low IQ absolutely clinically insane group of people I have ever come across in my life.

I've just taken a look at the "roadmap" that the team have put out and It's just as bad as the whitepaper if not worse. It doesn't provide any clarity and is extremely hollow and vague as to what is going to be implemented and when, it just says things like "Masternodes", "Mobile wallets" "Ghost bounty" "Encrypted chat" no dates, no time frame. It's honestly the worst roadmap I've even seen in my life. It doesn't take a genius to work out why there are no dates on the roadmap and it's simple, the team know they are way out of their depth. Because the team clearly have no idea what they are doing the whitepaper was rushed out Copy+Pasted by somebody who thought "We can just fork Pivx and put a new name on it"

I'm putting this together to give everybody here the best possible information and allow them to make informed decisions.

First up, It's undisputed now that Josh did Copy + Paste the Pivx white paper, Josh has also admitted that he outsourced all the dev work to for the ghost project:

https://medium.com/@switchag/addressing-the-pivx-allegations-e1adf85d4aa

This leads to some serious questions as to who the initial dev team hired to work on Ghost actually are, as Ashkay was only approached by Josh AFTER the Pivx white-paper scandal was first published, this can be backed up by looking through Ashkay's twitter post history where he makes clear his distain towards the GHOST project and accuses them of Plagiarism prior to being hired.

https://twitter.com/akshaycm2861

Pivx have then informed the Ghost team that there is a serious security flaw based on the Zerocoin implementations in the white paper, Pivx have stated themselves that their own solutions to this bug won't be implemented until at least Q4 2020

Josh had overhyped the arrival of Ashkay in the telegram group and marketed this acquisition as pinching one of Pivx's star devs and made it clear that Ashkay is the most senior core dev working within the Ghost project. Eric from Pivx has made it clear on twitter that Ashkay is out of his depth and is incapable of resolving this security flaw

https://twitter.com/eric_stanek/status/1264002676435685376

It's pretty clear by now that dev work on the Ghost project hasn't even started yet. Come May 25th all bag holders are going to get is a worthless ERC20 placeholder token, There will be no main net anytime soon and the Ghost team clearly do not have the funds, resources or competence to put out a working mainnet anytime soon.

At this point the whole thing is a nothing more than a disorganised shambolic mess and a total PR disaster.
At this point a 25th of May ESH dump is looking more and more likely.

What is going on with the GHOST price.
I can't work out what the discord whales are playing at. Things are getting really weird.

Imagine going back in time and buying XMR at under $1.00...

Those that miss this opportunity are going to be Haunted by it for the rest of their lives.