What is going on with Noble over at Bittrex? I think I have some spare Noble lying about there... sort of trapped.
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You don't believe those who invested in the ipo have a right to be annoyed? I could expand that to anyone who bought any of the coin during the early days on Bittrex too.
I published the first article on Québecoin and wrote EXACTLY how the coin would behave in the early days. How is the QBC chart not exactly like the SpainCoin chart I published. This is how EVERY FUCKING coin behaves on day 1. Maybe 1% of coins fare well from day 1, that's it. You are arguing that the very market behavior that is expected and normal for a flooded coin market is somehow surprising for Québecoin. http://circonference.ca/2014/04/bonjour-quebecoin/Marie-Lynn I'm not even talking about the price. I am talking about dev involvement. He never mailed out the syrups to investors, to begin with, and if he's working full-time on this, he certainly have given investors no indication he has done so. And he must be the slowest dev in the world if this has been his full time job. He promised a lockup of the premine and local giveaways... again, no indication of anything at all. If this was a person's full time job, wouldn't you have thought he'd at least do a couple of those things by now? That also doesn't even count this mythical android wallet + multipool. So no, I am no arguing that the market behavior is surprising, nor even commenting about the price. I am simply saying JP promised something, and delivered something else... hence why I said people have a right to be annoyed.
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The amount of rightfully annoyed people can most likely be counted on my finger and toes. We could debate on the definition what give's anyone the "rights" to be annoyed But the number of people who truely cares and matters is little. So little it isn't even financially logic to take the time to "manage" them.
You don't believe those who invested in the ipo have a right to be annoyed? I could expand that to anyone who bought any of the coin during the early days on Bittrex too. I think your mindset certainly differs from mine. A person doesn't have to be personally invested, care about, live in the region, or plan to use the coin as a currency to be annoyed. But they do have that right if they spent their money under a false pretense, mainly being that the dev would be active. Since he claimed he would be working on the coin full time due to the ipo money he received, in my opinion anyone who owns any QBC at all, especially if purchased early on, has a right to be annoyed.
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This is a follow-up to all the participants and not necessarily to you Lemayilleur.
I agree that inactive dev is very bad news but the plan is moving forth as set in the initial post. IPO is there. Premined is there. It is transparent as planned.
It is a SLOOOOOOOOOOOOOOOOOOOOOOOOOOW-ASS plan that has nothing in it for people who strip mine and dump coins on the market. I know people put in a lot of BTC into a lot of IPOs. I buy a crap load of shit coins only to see them crash and burn. I don't care to cry about it, it's part of the deal of participating in the greatest decentralized P2P research and development project since the Internet.
Slow-ass is one thing. But so slow that it may get de-listed from Bittrex is another. You lose Bittrex and then what? Take a year to build up a community around a coin that has no exchange, and most likely no miners? That's not to mention an absent dev. No community will gather around that. Everything JP has done post-release screams scam. Perhaps he isn't by some rare chance, we don't know. But to simply say let's wait and go with this insanely slow plan of his, doesn't make a whole lot of sense to me. He would have mailed out the syrups if he was on the level. He would have posted here more than 2-3x this entire month. People aren't complaining just because the dev has a different concept of time than everyone else. They aren't annoyed just because the price went down. They are rightfully annoyed over a completely absent dev, after he took their ipo money. To say people should be fine with it, as it's a slow moving plan, is crazy.
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Many things regarding cryptos I would deem a fad. These include memes, various color coins (white/yellow/whatever), nation coins, mining algorithms and such. Anonymity may be looked upon as a fad simply because Drk shot up in price, and then we got a ton of copycats trying to cash in too. But... anonymity actually serves a purpose, while a meme or mining algorithm probably doesn't have any long lasting benefit, at least in regard to using a coin.
I do hope people take MP voting seriously. If really unknown coins can shoot up the voting list, I see no reason why XBC can't. Once in the top ten, anything is possible. And as I stated, rather than whales dumping coins, I'd think they'd get a better ROI by simply buying votes, wait for price to go up (which tends to happen when a coin gets listed on bigger exchanges) and sell based on the increased volume. Poloniex is like a small pool in comparison... whales dumping there cause tidal waves.
I think this may be the only instance where a crypto had a higher price with a broken wallet than it did with a working one... so I don't quite get it. Unless people are so insanely impatient that they need to hop from coin to coin. And I guess a lot of people are that impatient.
Other wallet or coin ideas I'll just throw out there:
Get coinpayments to take the coin. That is a pretty big one. It helps a lot with any types of marketplaces.
Perhaps tie in the link to bitcoin in a somewhat stronger way. Say if you had an XBC debit card feature, where people could convert XBC to BTC, (and the opposite too), based on coinpayments set up upon your site, and even built into the wallet. Then people could have an XBC debit card that could store either XBC or BTC.
I'm not entirely sure what merchants would take it, besides those online who use BTC, or XBC merchants you set up. But it could tie XBC into BTC somewhat from a marketing perspective, and be easier for some consumers to use.
Although other exchanges would be of somewhat limited use unless it's one of the big boys (Cryptsy/MP), no harm getting the coin on smaller ones as well -- Bittrex, Austin Global, CoinedUP, ShareX and those guys. It can set up some minor arbitrage trading. Avoid insanely small exchanges though, like allcrypt or those without any volume whatsoever.
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The price keeps going down, i hate my self for buying XBC at 0.03
I am going to guess it's due to impatient whales dumping. I just checked the price a second ago, and saw someone sell 700+ coins at .004. And the next selling price was above .005. It didn't make any sense to me. I mean, why not at least trickle sales at a higher price if you want to dump? Or with so many coins, why not just wait for larger exchanges? They probably would have been better off just paying for MP votes, wait for price rise due to larger exchange, then sell the 700 at a much higher profit, even counting MP cost. So I am wondering if I am missing something here. We may have to wait for whales to stop treating Poloniex like cryptsy/MP, before the price can move up. On the plus side, that 700+ coin order was gobbled up really quickly, so there still is some buy support there.
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Just checked out the official forums to see what was being worked on... rather than post there, I am going to post here, as I do think it better to be active here than in a coin's forums. People are lazy and won't bother checking over there, for starters.
Anyway, I see ideas being thrown about regarding wallet upgrades. Some folks have mentioned adding an anon feature into the wallet. Is that a serious consideration, or simply people throwing out ideas?
It does seem somewhat of a bandwagon idea, basically trying to get in on the current crytpo flavor of the month. At the same time, I do think Drk has been onto something, and anonymity does hold an advantage over btc. So if it can be added, it'd certainly be a good thing in my opinion, regardless of what occurs when the ever-changing, and seemingly quicker than ever, crypto fad of the moment. A simple mixer probably wouldn't be that hard to implement (fedora-style), but true decentralized anonymity would be a tad tougher.
The one wallet upgrade which I think could be of benefit, assuming you guys get merchants signed up, is incorporating a merchant marketplace into the wallet. I also suggested this same idea to Noble Coin, where they have one of the strongest marketplaces of any crypto out there. I don't think they had plans to incorporate it, but to me it'd be a nice differentiating factor for any coin. Of course that relies on a coin having a marketplace to incorporate to begin with.
I haven't checked on price in a while, and see the coin has taken a tumble. Did I miss some bad news somewhere, or did a whale decide to dump? That can be a problem when a coin is on a small exchange, as there isn't room for whales so much.... especially not multiple whales. Other exchanges and MP should be a priority. Rather than dump, I'd think a whale would simply buy up MP votes, as even if they wanted to dump, Poloniex isn't the place to do it really. Just curious if I missed some news or something there.
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C'mon, everybody knows there's no community and meanwhile it's just about return of Investment. If you manage to get the ''ball rolling'', everybody will dump like me, 'bought at 25k IPO. I would even dump XLC at 24999...
the only reason for new posts in this thread is that the price went from 11000 DOWNWARDS
Oh what's this .. x11.. wait , have you seen Litecoinx14 already? ITS A MUST! DEV hops on next train, X11superplusMEGALITE whatevah
Peoples - check DRK,check XC, check for real coins.
Check my engrish - me so german, execruse me, I really want wanna getting coorect spell but.. is me.
I agree that I am not sure if there is any actual 'community' for this coin. Even coins that may not exactly be unique, freebie giveaway coins, and similar iffy coins, probably have a much stronger community. I think the key problem is that just about everyone who got in on this coin did so via the ipo, and some below ipo prices (it wasn't above ipo prices very long, so doubt many people bought then). So there is a huge number of people just sitting on their coins at ipo prices, waiting to get out. They probably only got in, expecting or hoping for an xbc-like jump in prices. When that didn't happen, they just sat on the coins and waited. Or sold for a loss. There was nothing special about this coin, and it didn't even have a decent dev team behind it. No website, merchants, multiple exchanges... no regular things most coins have. The lack of dev activity, and then a switch to a new dev, probably doesn't exactly raise confidence in the coin either. All that said, it's not impossible for the new dev to revive the coin. It happens all the time with dead coins here, and the coin isn't exactly dead to begin with. The dev will need to recruit a team, make a professional website, and do all the work that should have been done from the beginning. The road to this, in my opinion, would be through the ipo money, as I stated earlier. As of yet, we see no evidence of this occurring. Anyway, I am mostly out. Sold enough early on to be at a tiny profit, and just hold a very small amount now. Mostly just checking the thread now out of curiosity.
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Help me! I had a hard time with my NOBL, firstly stuck in coinmarket.io (appreciate ROFO); and then had a problem with coinex.pw. Does anyone know about the status? I have been following them for two months but nothing is coming out. Here below is my withdrawal, never happened ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) : 123294718 2 months ago Withdrawal | 5388026.25475908 NOBL Destination: 9d7JaqWpVMLbDhkc8zyy6cryxGnsHaHtg8 Thanks for you attention! Yeah, afraid I wouldn't be optimistic about coinex. I have a bit of doge still stuck in withdrawal there... it wasn't much and by now doge lost a lot of its value... still... annoying when that happens. Some other coins were giving away small freebies to those scammed by exchanges, so maybe keep an eye out for those. I think NAS and SRC were offering a small amount of coins if you can show proof of loss. At least it's better than nothing... won't nearly make up for so many noble though.
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Perhaps there's just too many holders like me who only want to hold for now for a few years and see if the coin gains value which also can have the negative effect of too many holders and not enough spenders. Or everyone is just waiting for 20% or something or there's not people really want to buy off amazon right now, I bet if you did this deal around some event like blackfriday you'd see those gift cards go in a heartbeat lol
I think those are both key issues. Those who believe in the coin want to hold... those who bought the coin at higher prices don't want to in effect, sell them at a loss for merchandise... and those of us who think the marketplace discount will be a great deal, is simply waiting for 20-30%. Again, if a store announces a 30% sale, there won't be too many customers when it's half that level -- just need to wait a bit. I'd like the discount to move slower actually, as I need some of my other coins to go up, so I can sell them for extra btc, to buy even more noble by the time I decide to use the marketplace. I'm one of those people who tend to be 'cash poor' ... or 'btc poor', I guess... my btc is tied up, so I need to wait until I can free some of it.
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Poornamelessme: I understand your concerns and I appreciate you giving me a chance to prove myself. At the same time it seems to me like there may be some misunderstandings as far as how coin progression works and how IPO's tie into the coin and the development of the coin. I can also understand the way it looks and see how it would make the investors and holders uneasy as to whether they were duped or scammed or whether the coin has a true backing. What i can say is that for example if you create a coin and then end up being over your head or realizing you aren't able to work on it to the best of your ability given time constraints or other external circumstances then it would make sense to have someone who is willing and able take over working on it and take it to places where you were unable to. From my understanding of what little information I have it seems that although he may not be involved in the coins to the extent that some people feel he should be, he did however supply financial support which is key to being able to make the progress necessary for these coins. I am also confident that he will provide financial support in order to make sure that this coin exceeds expectations and grows far beyond what many of you thought possible.
This is just the beginning!
In regard to a dev being over his head, or having time constraints, sure, I can understand that. But this is the dev's second coin. I am sure he must have known whatever was required before starting his SECOND ipo. If this was the dev's plan all long, he is so entitled. But he really should have just been upfront to start with, found a dev team before the ipo, and been straight with people. If a dev get overwhelmed on his first coin, hands it off... okay, not great, but I can understand it. It doesn't look so great, and it appears as a money grab, but it's a feasible situation. If he does the same thing a second time... well, let's just say it looks somewhat bad. Anyway, best of luck, and hopefully things turn around from here. Again I didn't mean for my posts to be too negative, I was just sort of pointing out the obvious... if a dev is going to take money then walk away from the coin, he hopefully at the very least will be spending some of that ipo money on coin development + promotion. We'll find out, I guess.
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More than one person has access to this account so I am speaking only for myself (XBCplus). I only delete posts which are blatant lies or are off topic. That is it. Sometimes people will find that their posts were deleted because they were responding to FUD. Although I appreciate their efforts, I would rather not steer off topic so I would delete the lot so there is no 'bias'. This ANN thread is about development discussion, not "my coin is better than your coin" wars etc. It is counter-productive and it looks bad for people who genuinely come to this thread seeking more information on XLC.
I was not being held up directly from the XBC wallet, but people I needed to talk to about XLC were being held up by the XBC wallet. So it indirectly was affecting XLC progress.
Okay, I'll take your word for it, but a lot of posts were deleted for seemingly no good reason in my opinion. You could have simply cleared things up yourself earlier too.
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JP does not appear to be stupid. I’ve followed his project/comments closely enough that I can admit he’s smarter than I am. At least he’s got much more experience generally. So who in their right fucking mind would invest that much time and effort on a project of that size? Only then to trash the whole thing for 20ish BTC? 10 freaking thousand dollar… That get’s you very little when you are a developer with financial background. And the pre-mine? Well that worth about 0.65 BTC right now.
All thing said, the way he behaves ever since the launch is astonishingly terrible. I find it hard to believe he’s not under some sort of gag order, under investigation, forced to not say anything about the matter. Twitter, facebook, reddit, Bitcointalk (and other forum) – nothing, not a single post or comment. Not a single reach for help/opinion.
All things added – this isn’t a scam. It just can’t be. Someone as wise as JP wouldn’t pull such a terrible, inefficient scam. If anything it’s (in)direct manipulation for cheap coins. Coins that will be worth much more at a later time.
The best scam is when the person being scammed doesn't even realize it. I do agree, that for 20BTC, it would seem a bit odd for a dev to just walk away. But at the same time, it happens here all the time with other devs. And for all we know, the dev simply moved on to making another coin, figuring the nation coin fad is played out and not worth the time anymore. Or since he was fond of Drk Coin and X11, maybe he used it all on Drk when it was cheap, got like 15K+ coins, and cashed out his $200K or so dollars and called it a day? We don't know what he is thinking. It's hardly an optimal way to go about things, even if he is scamming, but not that unusual either. If he was on the level, those syrups would have been mailed out ages ago. He would post here once in a while. Keep in mind that pre-release, he was here ALL the time, many times daily. He gets his money, then posts like 2-3x a month? Either the dev is scamming or grossly incompetent.
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People just don't want to believe the XBC's time is past, never come back again. Transfer your attention to next coin,
For what reason would people wish to believe that XBC's time is "past"? As far as I'm concerned XBC has just been born, when I joined this community my goal wasn't to realize a short term profit, dump, and move on. This coins team is made up of developers, not day traders. Will this coins time be past when we add a legitimate trade value to the coin? At this point I believe we have everything a respectable coin should be launched with (a nice website, forums, functioning wallet, etc). This does not mean our team is going anywhere. I speak for myself and all of the core team when I say we are all still working full time, this coin has truly turned into the story of the underdog rather than the coin everybody is just looking to see a quick profit during a pump. There is more life than ever in this coin, exchange hype/value does not represent that essence and I believe in time it will catch up. I don't feel coins with no marketable value will actually survive in the long haul, that's what we're working to change on this very coin by implementing real business functions into a coin - these are things we can't just complete and announce in a day long time scale, nor have we made any promises to this end just yet because that will require proof. We will have a fully drawn up list of all of our projects prepared and begin reaching out to investors who can see the true prospects of this coin. Again, welcome to XBC, we just relaunched 3 days ago, a brand new coin with a wonderful team ready to commit to months of work. To show some more good faith to our community I just bought more votes on mintpal, I believe once that clears we should be sitting at #20. Slow and steady wins the race my friends ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I think some people have that mindset because many in crypto seem to have some form of trading ADD. They go from coin to coin, look for immediate pumps, whatever is 'in' at that exact moment... then move on. Just following the polo trollbox for a short while and you can see that mindset. It's weird and shortsighted, but a lot of people seem to think that way. The thing is, even if a person does think that way, XBC was a bit odd in that it got stalled by the wallet issues and the new team/website and all of that stuff. So it wasn't a coin that had a full infrastructure, website, wallet, hit multiple exchanges, etc, then after some time people thought they should move on. It started strong, hit a snag, and then afterwards built up the infrastructure ... it hasn't hit multiple exchanges yet, it is still in the process of obtaining merchants, etc. So even overlooking the fact that I think this Crypto ADD pump and dump mindset is the wrong way to think about many coins, it really shouldn't even apply to XBC at this stage of the game. It's still a young coin, it just hit a delay in its growth.
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Poornamelessme: I see you have some more background information on whats up with the connection or disconnect with this coin and the confusion that some people are having due to the past. thanks for taking the time to post some info and help clear it up for those who are still looking for answers.
Hey, at least you didn't delete my posts. Myself, a member of the XBC team, and someone else I forget the name of, tried to clear things up earlier in this thread. Nothing overly bad was even mentioned, just more or less what I stated. Yet our posts were all deleted. Our posts were deleted for seemingly no other reason that pointing out that the XLCPlus dev was no longer associated with XBC directly. The fact our posts were deleted didn't exactly go over so well with most people. I know I wasn't fond of it. I'll also be frank. I think for the coin to succeed at this point, the original dev will need to open his ipo-wallet and fully support the coin financially. That means votes, that means a professional website, paying for mobile wallets, and all of that stuff. It may also help wash away the little issue of the original dev taking the ipo money, for at least two coins now, and walking away. There is an implied agreement when a dev holds an ipo that some of the money will be used for the coin itself, and typically also that the dev won't walk away from his coin... like within the first 2 weeks of its creation. It appears dishonest and greedy.
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New Dev, when you get a chance can you contact Busoni at Poloniex and advise you have taken control of this project. It would increase XLC chances of getting listed, as Busoni had issues with your predecessor
Forget Poloniex, if the dev really wants to revive the coin, go right for MintPal. The dev can certainly afford to buy votes. He probably should do the same for XBC too, if he wants to fix his image at all. Poloniex at this point may not be a big enough upgrade to really allow most to sell (assuming that is why most want poloniex). And instead of being paired with XBC, like people have stated, it'd more likely end up with XBC supporters fighting with XLC supporters in the troll box all day. Busoni would be smart not to take the coin, to be honest, just to avoid the headache. Again, MP is what would help. But it'll cost ipo money. I'll also add, unless the dev creates an infrastructure, website, new team, new features and support, a new exchange will be meaningless right now. It'd just be a complete dumping ground.
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check this new coin out, LTCX, ltc with x11 algo, https://bitcointalk.org/index.php?topic=624378.0 It looks like the same dev as XBTC, who stole IPO money and bounced, now the original post just says failed. Now as far as this thread is concerned, right when shit was about to hit the fan, our 'saviour' intothelite comes in the picture out of nowhere.. new member, new account, gives a bunch of worthy impressive credentials with really no proof of any, says he is in touch with XLCdev and they are working to make XLC successful. You decide. X11 is the 'in' thing, although not entirely sure why. It's a smart money grab, if the dev didn't already do two money grabs already ... assuming it is the same dev. If we see an AnonBTC next (hope I don't give any bad devs ideas), we probably will know who is behind it. I won't say the new dev (again, assuming he is on the level) can't revive the coin, as who knows? I wouldn't expect lightning to strike twice though, and a good team to organize like it has for XBC. I sort of feel bad for those who invested a lot in the ipo, so won't go crazy with negative stuff. Maybe the dev will be generous with his ipo money (yeah, I know it doesn't sound likely)... fund mobile wallets, more exchanges, websites, merchants... something. He certainly has enough ipo money by now to do it.
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Hmmm... you could be right. I just took it for granted some of the shitty exchanges (you know those with the 1 sat buy orders on all coins ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) ) would be having it. Not bothering to check. As for Bittrex, no they're doing a complete wipe out of dead coins. Anything falling below the .1 BTC average volume is getting kicked out. The only exceptions they are giving to are those coins that are frozen due to forking or wallet update or some genuine reason that impacts trading volume. Its a shame really. I would've resurrected this coin when the scam was evident and if there was enough of the community backing me back then. I now have my hands full with PinkCoin now ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The coin can still be saved if someone steps in and ask Bittrex to halt trading and get the wallet updated like they did with AsiaCoin. I recommended a couple of smaller exchanges early on (coined up, austin global) and that new sharex exchange for the coin, but don't think it's on any. It sort of requires the dev to submit his coins to them, and he obviously hasn't been about, nor seems to care much about exchanges. At the very least, perhaps one of them could have served as a lifeboat for a short while if bittrex drops the coin. The two members here you mentioned probably would make decent devs, or coin promoters/team leaders.. or something like that. The only problem is the coin would need a real dev to fork it, and not sure where it'd find that. The funny thing is I half expect JP to log on here one day, act like everything is normal, android wallet being worked on... multipool in the works... syrup still... well, wherever it is, in the stores, I guess ... and discovering the coin is not on any exchanges at all and the community here, if there even is one beyond the two posters you mentioned, not even caring anymore.
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Is same dev of XBC? And what is future plans for this coin? Can any investors tell me why its worth investing please? thanks
Nope, not exactly. What occurred was XBCplus started XBC, ran the ipo, then sort of took the money, and left the coin to a new team to run. Then he started XLCplus, ran an ipo, took the money, and found a new dev to run it. If a person was skeptical, they may say it was simply a money grab to run ipos for numerous coins, take the money, then find someone else to do the work. So nobody here, XBCPlus or intothelite have anything to do with XBC anymore. As for investing, I'd only invest what you may be willing to lose, and if you get a really low price. And hope the new dev is good at his job.
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When you say XBC, i hope you are not referring to the coin but the member (XBCplus is his name) who was parading as the dev in these threads. So what really is going on here..what do you mean you are not affiliated with this memeber XBCplus, if that is what you actually mean. And if the oringial dev XLCplus who made the OP is still assisting financially and ensuring this coin succeeds, why hasnt he kept us updated? He had to get to you, a brand new member, to update us? And who was and still is deleting posts that might threaten the integrity of this coin? Now that I look at the thread entire thread, I just saw that some of my earlier posts have been deleted. This just keeps getting stranger and I have one foot out the door. Im probably wasting my time with this post, since it has a pretty good chance of deletion too...
XBCPlus = XLCPlus, same person. I assume this dev is saying he's not involved with the XBC team in any way. Which is a nice change from XLC/XBCPlus saying that the XBC wallet was holding up development here, when he wasn't even working on it nor on the XBC team. Apparently it was a stall tactic. His plan evidently all along was to do the ipo, walk away, like he did on XBC, and find a new dev to run the coin. It can be very confusing, since the XBCPlus account no longer is associated with XBC. And the XLCPlus account is only linked financially to this coin. And yeah, I and several others have had posts deleted. They were pretty benign overall, so it was unwarranted really.
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