I sold 2500 at 120k, I will probably regret it later.
Not necessarily. If you're following the 10/200 rule which is selling off 10% of your holdings each time the value doubles from your initial buy in, then you're good. That's what you're supposed to do anyway. If you just sold off 2500 for the hell of it, then yes you're probably gonna regret it! :p |
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i don't know how exactly it works.
but at first it split 1 xc into 2 sending to 2 different address, then on the receiving address it show exactly as the screenshot.
it works. legit.
It works by using quantum superposition. Right after you hit Send in the wallet, you stop observing the transaction, so that causes the transaction to exist in all of its theoretical possible states, which in turn obfuscates the sending address. Then on the receiving end, you observe it again as it comes into your other wallet, thereby collapsing the transaction back to a measurable state where you will one day in the future be able to use said transaction to buy beer and firearms. Actually just kidding I don't know how it works :p |
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Any update of when the new wallet with new features will be coming? Coin control and encrypted messaging?
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MINTPAL JUST ADDED XC, MOON COMING! But I only have 20k XC, I really feel poor compared to you guys  Um, I think 20k's pretty damn good! If I had anywhere close to that I'd be happy. |
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Can you please put it on mintpal for voting?
are you serious?  mintpal will ninjia add xc Um ya pretty sure that no voting will be necessary to put this onto Mintpal lol They'll probably rush to get it on there in the next day or two who knows. |
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Ya -- I really cannot stress enough how necessary it is to reduce total supply and PoW phase. Can't sleep because my mind is all worked up about this. I want what is best for the longevity of this coin. Just think about it:
If things remain unchanged -- what group will be holding the majority control on the price once anon features go live? Will it be the miners (selling the price down) or investors (buying the price up)? It will be 100% be the miners holding majority control --> because 75% of all coins will be minted in 2 months (this is way too many coins way too soon) especially considering that XC's biggest selling point was already delivered two months ago (by that point in time).
Again, this would be somewhat of a different story if anon features released near or at the end of PoW phase (because the expectation would help sustain buyer confidence). But it is not. Anon feature is the "hot thing" right now, and the hype around it will only be suppressed as 25 million more XC flood the market in two months. People buy on news and sell on fact. Once anon feature (the news) is released, XC will have an extremely hard time increasing in value in light of 25m (75%) of the supply being minted and thrown into the market. Two months of sell offs is a long time and will assuredly decrease buyer confidence.
Not to mention, 2 months down the road, there will surely be another coin to be 100% PoS with anon features before we reach our 100% PoS stage. It is crucial that XC becomes 100% PoS with anon feature before any other coin.
XC needs to reduce both total supply and PoW phase to help ensure healthy / constant buy pressure. DRK reduced their block reward (and probably would have done more, had they been PoS), because they knew this move was necessary as they drew nearer to implementing darksend. DRK team is really genius when it comes to creating market demand (for this reason and their requiring of 10,000 DRK taken off the market for each masternode).
This is exactly correct as veritasBS said:
Let me walk you through what will happen if the coin specs stay how they are currently:
1) There will be a big run in price when this PoS coin is the first to release the wallet.
2) We will get to a market cap of say 10 million.
3) There will be a fast decline in price but because this IS a coin with a quality dev and features, it will level off to some where around 6 million market cap.
4) Then 25 million more coins will come flooding in to the market over next 100 days. The price per coin will start a slow decline to 1/5 of where it was when it settled after the run.
5)The investors will only take so much loss and jump ship somewhere in the decline.
6) By the time PoW ends, you have many coins on the market with the EXACT same features so you no longer have an advantage.
The opportunity is NOW to make this a lasting coin. Use the advantage the dev has built to make this the premier anon coin...anything else is poor management.
My Proposal:
10m coins (or less) and let PoW continue for another 1-2 weeks (1 is best) max with reduced block rewards.
This will help allow for market cap growth, will help ensure XC is the first 100% PoS coin with anon tech, and will give time for an XC multipool to be set up and launched immediately when PoW ends.
Either this, or extend the PoW mining period years into the future with greatly reduced block rewards. I think this is better than changing nothing (I still think that the first 100% PoS anon featured coin is this coins biggest selling point). But if it remains the same --> yes, this coin will still be successful (if anon releases), but all I see is unnecessary value suppression for the future of this coin.
So true, I am sending this comment to the BTC devs immediately in hopes they cut off PoW supply and shift to PoS immediately. If a coin has true value, it will rise. End of story. If the entire DRK rise is due to devs "creating market demand" as you put it (others would call it market manipulation, potato, potatoe), then the true value of DRK is not .025 BTC. If alts need to resort to these types of tactics then maybe ::gasp:: the true value of virtually all alt coins is 0? Yes, idiots buy the brand new coin to hit the market when the supply is low, and then, surprise surprise, price drops because they do not spend 2 minutes doing the math to figure out this coin is still in a stage of astronomical inflation. That is an example of an unsavvy investor, not a poorly designed coin. And what would be so wrong with miners controlling 75% of all the XC? They invest money into the mining equipment, electricity, time, and ya know, keep the network of a PoW coin alive. Miners mine the coins, investors buy them from the miners. That's how it works. If miners see no value in the alts they are mining, well yeah, they are gonna dump for BTC. If there is value in the coin, they will mine and hold. Why is it that miners getting more XC bothers you so much? Could it be because your share of XC will be diluted, and the market won't be able to be controlled by a small group of market manipulators? Maybe you are right though, it is true that a coin will rise faster and higher with a quick mining period to put the coins in the hands of as few people as possible. It will rise as far as those manipulating the market will allow it to. Until the giant red candle hits. Hold on......lemme check CINNI price really quick. YIKES! Order books looking sickly. Ya must have dumped at 38k satoshis huh? Why didn't you apply your genius to "create market demand" for CINNI? Oh, the market demand will be created with CINNI's innovative encrypted messaging system right? I saw the little pictogram on twitter, it looks like something I would scrawl on a napkin to explain public key encryption to a 5 year old. Innovation! wow ur an asshole sorry but you just are.. I'm an asshole, or I'm the only one here telling it like it is. Again, potato, potatoe. He is actually right. He is not an asshole he is just telling how it is. Why should the dev change coin specs, just because some unexperienced people that call themseves "investors" did not do their homework and have unrealistic expectations? What is going to happen when the coin bubbles after reducing pow? Reduce it again to keep the price at this level? And finally look at all these 100% ipo coins that hit the market last weeks. They just bubbled ... and entered freefall mode after that. That's just how the altcoingame is. You can make insane profits but you can also burn all your btc. If the dev is commited and does good work the coin will be able to withstand the mining pressure and/or recover from big dumps. If it doesn't so be it! +1 I think everyone should back off and let the dev work on the wallet. He created this coin so he shouldn't feel pressure to change any specs. Thanks to both of you. Good to see some back up. I don't know if the dev is legit, or if this anonymous wallet will work or is real, but for some reason I am drawing a line in the sand on this one. These incessant pump and dumps need to stop, or slow down at least. Alt-coins are a complete and utter joke right now. +1000000000 I couldn't agree more with this guy ^^^^^^ |
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Lol Pump and dump on blackcoin? Impossible.
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So what's going on with this coin? I'm ready to invest but what are people getting upset about? Something about the dev changing how many coins will be in existence?
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Why does the liberty coin website say account suspended?
Ugh... not good. I'm happy to takeover hosting duties immediately if the need/want be. Please let me know ASAP what I can do to help! Yea WTF is up with that? This should not be on a shared server. I own dedicated servers and I can just put it on one of my servers, not a problem. Also have some space left. In the mean time use http://bitsaur.usNicely done. In "Our mission" you say "Libertycoin is a mix between Blackcoin / Darkcoin. A deathly killer combo. HADOUKEN!!" Even though the technology may be based on them, is it wise to publicly link all 3 coins? After all, if BC & DRK gain negative publicity, it may reflect badly on XLB by association? Personally, I'd prefer not to link them or even mention BC or DRK on the website. I have nothing against BC or DRK, but making such a direct link between them and mentioning them by name could create the wrong impression in people's minds. DO NOT associate this coin with Blackcoin. The drama of the Blackcoin community along with allegations against its foundation has killed that coin. Whether the allegations against its foundation are true or not, people can see them being true given that the coin's value has only gone down even though they've been able to achieve so much. It's become just another P & D coin that lots of people lost money on and it'll probably never recover. |
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It's probably too early to say this, but maybe some people who missed darkcoin are buying into Liberty?
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Whoa hold on everybody just hold on!!! Do my eyes deceive me??? Is Liberty actually going up? Imagine that. A coin that actually has worth going up. Next you're gonna tell me that Blackcoin's going up. lol Now that would just be ridiculous.
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is there a release date for the message-feature?
Wallet integrated chat room hopefully soon (days) -- and encrypted messaging will be after that (but an ETA is not available as it is 100% new code. Our dev's are working on it as fast as possible though) Can you post any of the code to github so we have proof you are actually working on it and making progress? The market is certainly treating this with skepticism - specific dates would help and add credibility. agree Ya there's been a flood of empty promises from lots of coins recently. Some code would actually be nice. Sorry to be cynical, but people are tired of getting burned by coins that claim anon feature's in the works, or a multipool's ready to go when it really isn't, etc. |
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Out of all the coins they could of added... they picked XLB and one other. I think Big Vern has a good feeling about this coin and knows what's coming. Volume is important to Cryptsy. Yup. And there seems to be panic buying on Mintpal. Haha I would hardly call that panic buying. Would be nice to see that though. Our 24 hour volume has really gone down unfortunately. Hopefully something other than just chronic dumping happens soon. |
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I'm taking so many grains of salt I fear I will be choking on them any day now...
Um yes. Welcome to the altcoin world as of late lol. The reality is there are really only a few coins right now worth investing in. So far Liberty hasn't proven that it'll be one of them. Assuming that it actually gets a multipool and they get Libertysend working, it'll be a game changer. I have some Libertycoin. Can't say I'm holding my breath though. I sincerely hope they prove me wrong. |
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Straight dump of 125,000 coins against the 4000 buying walls -that so far seems to be real and quite a support if not withdrawn).
That's quite a bit of dumping.
Ya that'd be great if people could actually just maybe stop dumping this coin, mmmkay? I mean seriously. The price of bitcoin's finally going up a little so hopefully the altcoin market will benefit. |
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I'd like to buy more but I got burned on empty promises and lies with Dreamcoin. I really hope the Dev team comes through on Libertycoin.
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geeezz bitcoin can be so slow when you want to buy something Dude it's so painful! I transferred bitcoin from mintpal to bittrex last night to buy orangecoin and I thought I was gonna throw my laptop across the room. Lol it took like an hour to transfer. Ridiculously slow. |
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Now I have a much better idea why this coin's called Dreamcoin. It was always intended to give a lowly AT&T call center rep the dream of having more money. Nothing more. Glad I got out when I did.
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Hey gang. Looking to invest. How many coins total? Also, is there a multipool or one in the works? Any anon integration on the horizon? Is Dev active? Thanks!
50 million coins in circulation right now, 200 million cap reached in 46 years. multipool is under development. Dev is active, and I am working here as well. Not 100% sure what you mean by anon integration. I think he means something like the darkcoin concept to hide the persons who are involved in a Transaction. you Forget the say that we have 20 % interest in the first year of pos. so it means that we have in one year only 60 Million coins we have a richlist too Yep that's what I meant by anon. Either like a dark coin concept integration or supposedly other coins (won't name due to respect for this forum) is trying to integrate a coin mixer. It's just another kind of anon concept. |
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Hey gang. Looking to invest. How many coins total? Also, is there a multipool or one in the works? Any anon integration on the horizon? Is Dev active? Thanks!
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