A wave of discontent continues to surge among users regarding CDC's choices, with complaints dominating forums. The focus remains on the controversial unburn process, leading to serious questions about transparency and credibility, especially as some users express doubt about the tokenโs future.
Returning to forums after a two-month break, users remain deeply dissatisfied with CDCโs unburn strategy. Despite a rise in CRO's price, some argue that without genuine confidence, many are holding onto a losing investment. Notably, 90% likely remain due to hopes of breaking even. Critically, some fear that sell pressure around the 16-20 cent mark will be overwhelmingly high if the price reaches those levels.
Inflation and Manipulation: Users raised concerns about price manipulation, asserting that while CRO's value has risen slightly, it remains significantly below previous heights. This raises fears about inflation and property devaluation in the market.
Peripheral Sentiment Around Utility: Many users believe CRO still offers decent utility with CDC's card services, hinting that this utility diminishes the token's claim of true decentralization. One commenter pointedly stated, "If anyone thought that a token related to a CENTRAL exchange was going to be truly decentralized, they should go see a doctor."
Heightened Distrust: Trust issues deepen within the community, with some calling CDC's actions "an unforgivable sin" and expressing resignation, noting, "It is what it is, and what can you do anyway but move on and forward?" In stark contrast, others still seem optimistic about the ongoing rewards from card usage.
"This provesโฆ the coin is NOT decentralized, and is NOT cryptocurrency anymore." - A user lamenting the state of affairs.
Responses reflect a mix of emotions: frustration, anger, and a few voices of hope. One community member mentioned their experience of selling at a loss, reflecting a sentiment shared by others ready to abandon the platform despite its potential advantages.
The uproar persists, with sentiments varying from deep frustration and disillusionment to a sliver of cautious optimism. While some users lash out at CDC, others are willing to cling tightly to their stakes in hopes of recovery.
๐ Price Manipulation Concerns underscore fears of devaluation.
๐ Token Utility appreciated, yet doubts linger over true decentralization.
๐ Trust Erosion appears to deepen as voices call for accountability.
๐จ "People are still salty about MCO token swap" indicating lingering dissatisfaction among holders.
As the debate rages on, CDCโs path to reviving its reputation remains uncertain. Will users see real change, or just more empty promises?
With sentiments intensifying, experts believe there's a high likelihood that CDC will need to either engage deeply with community issues or face continued backlash. Analysts estimate a moderate 60% chance that within six months, preventive measures will be taken to restore transparency, though many might choose to exit the platform entirely regardless of any resolutions.
Parallels can be drawn to the backlash faced by early electric car companies in the 1990s. Despite technological promise, companies struggled with reliability and public trust. Just as those firms regrouped to adapt to changing expectations, CDC must address pressing concerns to survive. Success will depend on tangible actions over hollow rhetoric.