It must be. Some random guy made claims in a forum, so it has to be true.

Proof would be nice, but it is never necessary here.

I've only very briefly looked at these Nem threads started by the OP, but I think one could get whiplash between him going into negative troll/fud mode back to being pro Nem/Utopian, to back to troll mode again. It's like he has a split personality.

Or he is simply buying coins cheap, wait for rise and then selling, then repeating the process. So either he's a smart troll that has figured out that trolling can be sometimes profitable, or he has some mental issues.

If people mentioned that preference in this thread, I must have missed it. I can't speak for PMs, of course, but I see no logical reason to keep the XLC branding. I mean, what is even the argument for keeping it?

A forum vote or something may be a better way to approach it.

I only hold an eensy amount of XLC anymore, so it's not like I'm even expressing these views as a way to increase my own profits. I just can't fathom any logical reason to keep the branding.

I asked this before, but not sure if anyone answered.

Instead of going after MP, why don't you guys go after Polo instead? It's probably a much more achievable goal, at least short term.

Code reviews, such as what Polo has been doing, probably would be a good idea BEFORE you list a coin on the exchange.

Again, nothing wrong with trying to hype up votes, but saying we are number #250+ (or whatever it is at) is really meaningless. It'd take 10 years to get voted up at this rate.

What could be done, and probably wouldn't even be that difficult:

Rebrand. As I stated previously, tying the coin to LTC or XBC is pointless. And when I say tied, you aren't even tied to them in any tangible way. Right now, DCM is tied to XBC in a much more real manner. XLC has as much in common with LTC/XBC as those LitecoinX coins, or Lightcoin does. Any rise for either of them won't positively affect XLC, or if it does, it simply means people are completely insane and are seeing some invisible link.

The coin has a nice wallet, just think of some goal/unique purpose/benefit or something to brand the coin around.  Rename it entirely. There are very few coins and a very low price... it shouldn't be that difficult getting some value into the coin.

Use IPO funds for marketing/mobile wallets/better website and all of that stuff. But after the rebrand.

Same goes for other exchanges. I expect Polo is off the table due the the dev's, umm... 'actions' in regard to the XBC ipo stuff, but go for smaller exchanges at least. If Bittrex drops the coin, at least it will have a temporary home then. If the coin gains any traction at all, spend some of the ipo money on MP voting at that time.

Design is fine, although I would suggest adding some info on crypto to fiat conversions too, just so people don't have to look that up themselves. Saying a TV costs 1.4 btc, or however DCM, is of course necessary due to the fact they are the coins used, but it's sort of a pain if you don't know the current btc to dollar rate, for instance.

It's probably a mistake to reply to you, but if we wanted a serious discussion on the matter, I suppose what they could do is what the Noble market has done -- limits on purchases to start with. And the devs hold DCM (and XBC too) in a fund for a while, rather than sell.

I was curious about the same thing on the Noble marketplace, but the dev doesn't automatically sell off the Noble used for purchases. They have that big fund of Noble they already use for funding, and limit sales daily so they can cover costs without tanking their own market. Although asics unfortunately have been causing them a lot of price problems lately.

So that's one way to do it. They should have all the ipo money they can use rather than selling off all DCM received for purchases.... basically the same as Noble, but btc instead of DCM. Could work just as well. I'm not sure about TVs and such, as they are pricier items, but regular items, gift cards, and less expensive stuff should be fine to start with.

Well, we all saw this coming a while ago.

If there are any devs here who want to take it over, now is the time to step up. Bittrex may grant an extension if a new dev team is in place -- i.e. revolving devs kept that hongkong coin going for way longer than it should have.

Already mentioned my concerns.

The coin needs rebranding and also needs another exchange or two.

This MP voting is fine and all, but it's a pipedream at the moment, unless ipo funds are used.

Has Bittrex extended the coin's stay past the 16th? Are there any other smaller exchanges carrying it? Get some lifeboats, just in case the worst happens.

I still have some XBC and have posted over there, and in the official forums too. The price is lower than I would expect right now, not only because of the team, but mostly because of MP. It's nearing the top 5 in voting, so it appears to just be a matter of time before they get to the top spot. But I guess because any rewards won't be immediate, people don't look at it that way, so the price, although stable-ish, isn't really that high. Once it gets to the top 3, I'd expect to see some movement.

Hopefully. XBC was of course pumped and dumped, however, but it's still hanging in there. One thing I didn't pay much attention to previously, but price manipulation is so much more evident on smaller exchanges than larger ones. It's like you see some orders or behavior that almost have neon signs on them saying: 'fake buy/sell order'... pump incoming (or dump w/plan to scoop up cheap coins, repeat process).

 And yep, it is sort of amusing in a way how many new coins get released simply for the short term, and for quick pumps. Just watching the polo trollbox a short time one can see how people jump from coin to coin... no real logic behind some trends or pumps either.  So long as it keeps making money (for some people), it'll continue.

I'd probably expect some instability for now, but if it gets 2x ipo prices with decent volume, I'd hope it could be stable for a while. We'll find out.

I get what you mean about checking coins to make sure they are still worth something. I used to just put my spare btc (which wasn't very much) into Drk, which was stable for months on end (less stable now, but primarily upwards movement). It was nice not worrying that a coin's value would fall apart.

For everything else though, I have this dread whenever I check the exchanges each day.

Yeah, I probably should. I was new to nxt flavor exchanges at the time, and didn't prepare beforehand. With one nxt coin it wasn't a  big deal... but with each new coin, it started to add up to a lot of very confusing and forgettable passwords.

Okay, thanks. I'll do a bit of looking into how this asset stuff works some more, and probably get in touch with you by then.

That password stuff with the nxt flavor exchanges is always annoying to me. I keep them written down, but with all the clone flavors, get them mixed up. I once spent an hour trying to figure out my password for NAS... then realized I barely had any in there to begin with.

Since they are simply tokens, not real coins, I'd think there wouldn't be a whole lot of sense of 'running away with them'.  I'd hope it's mostly just an administrative issue at this point.

Ah, okay then. Any timetable for when tokens can be given out again?

Well, I see this stated above:
So assume he is now in charge of distributing tokens.

Thanks, and how much nxt do we need to own in order to even sell a part of a stake? I have a nxt account + several clones (although obviously have barely used it), but pretty sure I no longer have any nxt. I think we need to have a certain amount of nxt in the account to even sell stuff on the asset exchange, or am I wrong?

I've never used that nxt asset exchange before, so am wondering if anyone can help with some newbie questions.

Do we simply trade using our nxt accounts, or go to that website linked here and somehow trade there?
Do we need to own some nxt before using the exchange? And we sell tokens for nxt?


I haven't requested tokens yet, as clearly I have no idea how this even all works. Just checking beforehand if I do want to go the token route.