China has a lot of other problems right now. Their economy is being kept afloat by govt injecting cash into the economy and trying to stop the real estate bubble from popping all at once.

There are also major issues with corruption, land theft etc. and the general feeling is that ordinary citizens are fed up of being controlled and repressed.

Cryptos are one of the few ways the average Chinese person can currently make good returns on their money.

However, the last thing the govt needs is millions of people getting scammed by ICOs and turning on the govt for not doing more to prevent it.

Although it's highly likely that other countries will also take action against fraudulent ICOs this still won't kill the ICO market as the platforms and companies could move to friendlier jurisdictions and conduct operations from there.

Cryptos don't need the negative attention brought on by most of these scam ICO's.

Some people have made a lot of money but the long-term consequence is that ICO's are now getting a lot of attention from governments and regulators so it may become more difficult for investors from certain countries (China, Russia, USA) to continue investing in new coins.

When cars, airplanes, mobile phones etc first came out they were also not accessible to the masses for some time.

Early adopters used and profited from those industries and eventually those industries evolved to become accessible to the average person without that person needing any special knowledge.

And with the increase in user-friendly wallets it will be the same for bitcoin.

We should also encourage other people to research into bitcoin and guide them in the right direction so we can shorten their learning curve. If we act elitist because we found out about btc before other people then we won't achieve full adoption.

I think at this point in crypto and especially altcoins, people are looking for any niche possible where they can add a crypto angle and raise funds for an ICO. And there are plenty of people who feel like they'll miss out again if they don't invest in these shitty coins so there's enough money out there looking for something, anything to invest in.

We need a big 'reset' so that weak hands and scam projects are flushed out of the crypto world.

This announcement is good news for those who have invested with a long-term view. I don't think this is something which can be implemented in the next few weeks but if it is done properly then it will give FootballCoin a good foundation to build on.

I'm still disappointed that more wasn't done to take advantage of the return of the football season to get new players signed up but that was always going to be difficult with the ICO ending in late June.

Maybe it will take longer to reach that critical mass of users to really make this project popular with fantasy football players but I would prefer things to be done slowly and properly rather than quick and dirty.

Announcements like this definitely help though because at least we know that something is happening!

Although things are very slowly moving in the right direction with FootballCoin, it's disappointing to witness this apparent lack of urgency on the part of the developers.

I use the word 'apparent' because it's clear that SOME work is being done behind the scenes since the end of the ICO but clearly not enough to match the expectations set during the ICO.

The USD value of the BTC collected by the end of the ICO has nearly doubled so there shouldn't be any excuses for a slowdown in the roadmap.

And my point isn't specific to the issue of listing on an exchange. I'm more concerned about things like marketing, explaining the game to the masses, making it easy for new players to sign up and buy XFC.

Many leagues have already started and FootballCoin has missed an opportunity to go all out and bombard fantasy football players with adverts about joining this awesome new game.

For a fraction of the money raised during the ICO you could have set up some kind of joining contest and offered prizes like PS4's, X-Boxes, laptops, iPhones, Amazon vouchers, even tickets/flights/hotels to a game of your choice. Imagine the buzz that could have been created to get your team ready for the start of the Premier League. You could have collected emails, created retargeting audiences, made media contacts etc.

And yes it would also have been good to see the coin on a big exchange as it would do better than 90% of the rubbish currently being traded.

We live in a strange time where crypto coins powered by nothing but hot air can raise tens of millions of dollars in the space of a few hours, making fortunes for creators and investors alike.

You have the rarity of a working product and should be shouting from the rooftops to tell people about it.

I look forward to seeing some real progress soon.

IMHO the price could dip as low as $1600 due to weak hands but most of us probably won't be able to buy at the low as I'm sure there will be many buy orders getting triggered on the way down.

In any case it will be a good thing to shake out some of the weaker hands for the long-term.

There's a lot of 'hot' money all over the world, much of it coming from central banks who can create it from thin air, which is looking for somewhere to go.

Now let's say you're an investor who is looking for a return for your money. Here are your options:

1. You can leave it in the bank but real inflation will outpace the interest you are paid so your money will lose its purchasing power over time.

2. You can buy property but most mature markets are at all-time highs and not looking likely to sustain their growth rates (Most of the UK, Canada, many cities in the USA, Australia, European cities such as Amsterdam, Berlin, Paris etc). You can take risks and enter immature markets in Africa etc but this won't be suitable for most investors.

3. You can invest in precious metals but they have gone nowhere for the last 6 years.

4. You can invest in stock markets but they are at all-time highs based only on Govt. intervention rather than fundamentals, and further interest rate rises could lead to huge losses.

Bitcoin and other Cryptos are starting to creep into mainstream news and we'll soon approach a point where millionaires and billionaires around the world will sit up and take notice.

If you even $1m USD available to you right now then how much would you put into bitcoin?

And then imagine how many people around the world have significantly more than that to invest. And then imagine if some forward-thinking Govt. decided to spend a few billion on diversifying into cryptos?

We are only talking about a handful of coins here as I doubt the hot money will start chasing after shitty ICOs but the effect could be massive if rich people and investors started panic buying.

I have my own account and then another account I purchased from someone else.

I have two game accounts and one wallet account.

Both game accounts contain XFC but I want to keep all my XFC in one place.

How can I transfer the XFC from one of those game accounts to the other game account?

Personally I think it's a fairly low risk investment right now.

Considering where the price is today, there's not much downside risk and plenty of upside potential if the team can start making progress on their roadmap.

I get the impression that there are a lot of people watching this coin so now might be a good time to invest.

I think you're getting too far ahead of yourself (especially with silly talk of criminals and bitcoin)

It can't be a scam because the fees go to miners, not Trezor.

Take a deep breath and remember that glitches happen and, as the OP has pointed out, Trezor are working on a solution.

You can already buy players. If you have your 40k XFC in your game account (www.footballcoin.io) then you need to send them to your XFC wallet (wallet.footballcoin.io) before you can make purchases.

You might need to contact support to do that for you but once it's done then just log into your wallet, click the 'players' tab on the left side of your screen and choose which player you want to buy.

At the moment you can only buy 5* players but hopefully soon you will be able to buy 3* and 4* players as well.

When you talk about taxes for buying players do you mean bitcoin fees?

Has anyone figured out how to send unused BTC from your counterparty wallet to another wallet yet?

Or have Counterparty still not fixed this issue?

When I mentioned resources I was mostly referring to people. Funding is important too but you will still need a large and skilled team who can cope with the pressure of getting everything ready for the start of the season.

It sounds like you're busy working on some changes so good luck and I'm sure we're all looking forward to seeing the final product in August.

Great comment and analysis.

The simple fact is that scarcity/urgency sells, as proven by the many popular ICO's based on ideas far less likely to succeed than FootballCoin.

Hopefully lessons can be learned from the devs experience of this ICO so far and the approach can be adapted to help this project reach the fantastic potential it has. I hope they have the resources to do everything before the start of the new season so investors can see some success this season rather than waiting for the next season.

With respect, I don't think the Philippines is the most stable place right now with such an unpredictable leader.

I would suggest somewhere in Europe. Portugal, Italy or Spain. If you want to go off the beaten track then somewhere away from the big cities in Morocco would also be a good option. Beautiful weather, warm and friendly people and politically stable. Also some of the best hashish in the world 

If you have the funds then you could always buy a place in southern Spain and another place in Morocco, then buy a boat so you can sail between the two places at your own leisure.

I don't worry about N.Korea or other WW3 scenarios because if things really get that bad then our BTC holdings will be the least of our worries.

I would be more worried about Govts. (especially bankrupt Western govts.) running scare-stories about BTC. Linking BTC to drugs etc. hasn't done too much damage so far but I think linking it to terrorism could have more of an impact.

Most people are very poorly-informed and wouldn't have the capacity to realise that ISIS are already using all types of fiat without people boycotting those currencies.

But the petro-dollar scam will fall apart one day in the near future and at that point I would hope that will push more people into BTC to save what little purchasing power they still have.

This could be a great idea if executed properly.

Maybe the same thing could work for stadiums. If I was going to buy a 500,000 XFC stadium then I would like an option for renting that stadium to other users so it could still create an income for me if there were times when I am not able to come online, or for people to use outside of my timezone.

If stadium owners can run contests on autopilot then my point isn't really valid.