Heh, was wondering a bit what you were referring to, as you quoted me when posting. Although I did ask where the dev was in regard to the pledge things... I found it odd pledges were brought up at all.

I don't really get those selling below ipo prices, unless they are people who got the cheap dumps. For those putting up sell orders, I don't think it makes a whole lot of sense to pile up in the 25K or less range. Might as well wait and see how things pan out.

When someone asks for pledges for things the dev should be doing, it's not unreasonable to ask if the dev is actually doing any of that stuff. As for prices, people will post about them on all threads... can't be helped, nor is it a bad thing to evaluate the market. Actually it seems everyone posting has been holding their coins above ipo prices.

As for myself, I don't have a ton of coins ... sold some pre-ipo on Bittrex (in the 70-80Ks) when people, including myself, thought the ipo was over. Then bought more during the Bittrex ipo, sold some during the initial rise, bought some more below ipo prices, and am just holding what I have ... which by now is all paid for. So don't assume posts are all about complaining, or people having ipo jitters. It's mostly just about wanting more information.

Glad to see you back... or sorta back, I guess.

My questions are, what are you doing in the background? Is the premine locked up? What are the plans for the local giveaways?

Android wallet is fine and all, but do you really think it matters a great deal at the moment?

Anytime a coin slips below ipo prices, it's a concern. It's just human nature... can't expect folks to not notice it, especially after watching what happened to LCL.

Anyway, good to see you are still around. Just general info on what is planned can be helpful.

I wondered about that too. Should we move whatever coin we have on Bittrex off, or is trading just temporarily suspended?

I'd like to see the coin on Poloniex, but I guess that isn't happening for whatever reason.

Yeah, that's what I don't get either. He should be the one not only posting, but doing those things. And no need to raise any funds at all, in my opinion, as he just gathered plenty of btc from the ipo.

Looking at current prices and it's not exactly great... sell side is better than I expected, nobody has piled up insanely large sell orders at ipo prices, which is a plus. But buy support is close to nil.

I may be wrong, but why are pledges needed at all? Why isn't any of the ipo money being used for those things? Perhaps my memory is foggy, but didn't the dev say that the funds (or at least some of the funds) raised by the XLC ipo would go towards development?

And if the dev has just taken his ipo money and gone home, there is little point to raising pledges. I don't think lightning will strike twice and a decent new team will take over this coin.

I'm a DRK supporter, but anything this fast is a pump. The question should be, will there be a dump? DRK has been pretty dump-resistant overall, even the few times it has been pumped up a little bit, its fallback has never been that far... and then it just picks up again. Unlike regular pump/dump coins DRK never collapses after a pump. I'm just curious where the new floor will be.

Actually, I don't have any smurfs yet. Even the smurf gods laugh at me... such woe...

So I know wallet-wise, is the old wallet still okay to use, or should we update to the newer darksend version? I should collect all my loose dark into my wallet when I have time, as I have around 100 or so floating on exchanges. I do at least have 1150 or so DRK, so it's not like I didn't get any collected up at all, so nah, it's not all doom n gloom.

When an idiot's guide to masternodes come out, I'll try to set mine up.

I think the crypto gods like to laugh at me.

I've always considered DRK the main coin I'd try to accumulate, and started with basically nothing btc-wise several months ago. When DRK was cheap, I couldn't afford very many, but got what I could. Now that I have some btc after making it off of other coins, DRK shoots up to insane levels.

I do have  enough DRK for one masternode + little leftover, but I may be one of the few people here wanting the price to go down temporarily... just so I can pick up some extra coins. I don't nearly have as much as I hoped.

I agree that people shouldn't dump at these prices  -- although I do have a low order in, so if anyone does, thanks, I'll eat some up -- the lack of buy support is worrying. Nobody is throwing bitcoins at below ipo prices, just small amounts.

Assuming the dev reads this and didn't abandon the coin, it'd probably be wise from him to comment on plans for the coin here.

How long has it been since the new wallet was supposed to come out, 1-2 weeks? People are so insanely impatient in cryptoland, I don't quite get it. Again, other coins have had wallet issues drag on over a month. Wouldn't you rather the wallet be bug free, than rushed out? I think this new dev just started on the wallet less than a week ago?

Besides, say a new wallet came out tonight. How does that make everything right in your world vs several days from now? Unless it's an all-singing/all-dancing wallet, I don't see why it matters.

Did I miss some terrible news about the coin to cause the dump, or is it just impatience? I don't understand why people would bother selling below ipo prices. I guess some people just expected an immediate pump, 2x or more, and to cash out. Although if they did, they should have sold during its initial rise.

Possibly. But the gambler type seems to make up a really large percentage of coin holders, so I wouldn't just dismiss them. Hardcore serious investor types also will hold the coin to a higher standard, so the committee/dev team will need to do some really nice things to attract them.

I do agree that less pumping/dumping would be nice. I am used to calm coins that sort of move up slowly (DRK), not coins that can't find its floor. I'd much prefer slow growth.

I would have thought anyone investing in this would have known what they are getting into beforehand. XBC did well because a good new team took over (although it's not doing particularly great at the moment). Unless this dev actively supports XLC, or finds a team for it, it of course may have some problems.

Right now the price is still over ipo levels, but the issue is lack of buy support. We shall see what the dev does about this.

I invested a small amount realizing it should bounce up because of hype. And it did. This bounce ended much quicker than I expected (basically left the screen for less than an hour, and it was over). I assumed some of the issues were due to the fact it was on bittrex, but maybe not. Anyway, we shall see. There is no point for anyone to sell at below ipo prices, so might as well hold the coins and wait it out.

I think the biggest mistake the new team has made so far isn't the delay with the wallets, but was asking people to send all their coins to poloniex in anticipaton of the coin swapover. This raised false expectations that the wallet was ready at that moment. It also was like telling a compulsive gambler to go empty his bank account and bring all of his money to the casino. People are extremely impatient, see other coins moving up, and either panic sell, or just want to get in on other coins. Things like LCL and XLC probably drained some money out of XBC too.

So testing and such is important, but if possible, I really suggest getting this wallet thing fixed by the end of this week. If it drags on too long, I think people will gamble away their XBC just because they see it all sitting there.

Not really, as there would be no reason to. Other coins that needed wallet fixes also took a bit of time, if I recall correctly. I am not even sure if that Clean Water coin has managed to fix their wallet issue after like a month or so of problems.

I would say selling DRK may not have been the best idea though. It's the one coin I basically hold onto regardless of anything else.

Could be right... I'm used to looking at the smaller coins at Bittrex and seeing very little volume, so it could simply be I have been looking at the wrong coins.

In regard to buy support, I just meant in reference to xbc during its ipo days. So long as weak hands don't get too weak and start dumping at crazy prices, things should be okay.

My concern is the fact it's on bittrex, as the volume it normally handles isn't the same as poloniex. XBC had stronger buy support... a lot stronger.

But we'll see. I have a couple of hundred coins only... sold some during the initial rise, so I'm playing with house money right now.

Bittrex is sort of confusing... and annoying to use. I don't know how they managed it, but their last update made it even more of a pain to find the coin you are looking for and made their pages load in slow motion (at least for me). Still... it's better than the dinkier exchanges, they do at least have a small amount of volume.

Something I figure the big ipo buyers should already know, but don't treat bittrex like a larger exchange, or even like poloniex. Meaning don't put up giant sell orders and then wonder why you scare prices downward. Volume at bittrex can sometimes be small at first.