[XBC] BitcoinPlus Official Thread

[bitcoinplusmagic]

Very hard to trade on poloniex with nobody willing to buy or sell at these prices.

I'd me more than happy to sell some coins at the buy price but I don't want to flood the market. If I put them on the sell side it just scares investors off. Tricky.

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[raimch89]

need some projects and active developpement to increase interest in this coin
but if i understand the coin have not real dev at this time

[BitcoinPlusBus]

Due to low trading volume and a lack of buy support to absorb coins sold off for development we are not in a position to raise funds for development or outsource any developer.We have barely enough funding available to meet next months expenses at this point in time and even what we have left cannot be sold without a decent price being offered.

We need BTC to pay for development and we cannot get btc unless the price of xbc increases and there is volume to absorb sales.

If anyone wants to do work on the code for xbc just ask and you can have access to the repo but we are after having our time wasted already due to agreements being broken recently.

Thats how it is and it doesnt look like its going to get better unless trading picks up.BTW we also cannot get a listing on 1extrade due to no developer being willing to give proof of id etc so that is also ruled out for now.

[BitcoinPlusBus]

NOTICE

Alecrypt0 has cancelled our arrangement as he cannot complete what was discussed.He was given payment upfront as requested however the payment that was made to alecrypt0 earlier has still not been refunded to date.Numerous attempts to contact him have failed or been ignored.

Below are the details of the transaction made from the community account to alecrypt0.

https://www.blockexperts.com/xbc/tx/1c547bc3f4e6c4bde4689f4026e31828fb19f0832687ffb2a047341d025f076c

https://www.blockexperts.com/xbc/address/B4zPUEAKNtgfSATsMwaABmoxr6wpkvYqo2

https://www.blockexperts.com/xbc/height/70002

[egghead123]

NOTICE

Alecrypt0 has cancelled our arrangement as he cannot complete what was discussed.He was given payment upfront as requested however the payment that was made to alecrypt0 earlier has still not been refunded to date.Numerous attempts to contact him have failed or been ignored.

Below are the details of the transaction made from the community account to alecrypt0.

https://www.blockexperts.com/xbc/tx/1c547bc3f4e6c4bde4689f4026e31828fb19f0832687ffb2a047341d025f076c

https://www.blockexperts.com/xbc/address/B4zPUEAKNtgfSATsMwaABmoxr6wpkvYqo2

https://www.blockexperts.com/xbc/height/70002

I cannot get any reply either

[raimch89]

dump on polo by ale?

[egghead123]

dump on polo by ale?

No his wallet still has the full balance and nothing has been moved since it was initially transferred.I imagine those coins being sold off are ones the community needs to pay the bills so its a bargain if anyone has some spare btc to scoop them up.

[jjmv]

dump on polo by ale?

No his wallet still has the full balance and nothing has been moved since it was initially transferred.I imagine those coins being sold off are ones the community needs to pay the bills so its a bargain if anyone has some spare btc to scoop them up.

I haven't sold anything in a few weeks.  This must be someone outside of the xbc crew.

[egghead123]

dump on polo by ale?

No his wallet still has the full balance and nothing has been moved since it was initially transferred.I imagine those coins being sold off are ones the community needs to pay the bills so its a bargain if anyone has some spare btc to scoop them up.

I haven't sold anything in a few weeks.  This must be someone outside of the xbc crew.

Very low price to sell at but it has been hard to even buy coins at those prices in the past so let them keep selling if they want.Strange how XBC is probably the only coin ever that was completely overhauled and dumped at the same time. Its usually the opposite.

[bitcoinplusmagic]

No dump going on. Its me giving some coins to the community on the cheap. Trying to get traders back. I'll go as low as it takes until people bite. The coins are worthless as it stands.

[egghead123]

No dump going on. Its me giving some coins to the community on the cheap. Trying to get traders back. I'll go as low as it takes until people bite. The coins are worthless as it stands.

Eh we protected this coin from major dumps even when selling off coins to raise funds so dumping it into kingdom come is less than helpful in my opinion.It would make more sense to buy up all the coins to a decent price and dump from there.The reason xbc is not viable at the moment is because the community coins cannot raise enough btc for development so how do you expect us to fund maintainence when the wallet has to be dipped into again to pay bills and the price is shyte?

XBC needs a marketplace where peeps can buy sell and trade legitimate goods and services and also access to coin payments etc.Random traders are not needed only marketmakers to stabilise a low total amount coin at a more or less fixed price and xbc is pointless unless the price reflects the total coinage so the coin is valuable and viable enough to do any development with.

Putting low priced stacks of coins into random traders hands is only setting it up for dumps at slightly higher prices until the buy and sell eventually depletes the price.I have seen these patterns over years with various other coins/projects.

Thats just my opinion but carry on..

[BitcoinPlusBus]

Guys it is very hard to do anything without funds and if we cannot raise those funds through the sale of staked coins then nothing will happen.If anyone wants to do anything for xbc then buy up the coins to a better price and keep it there but if there is some other wisdom behind selling off coins at a low price do so.We need liquidity,price action and volume anyway but at a better price would be preferable of course because we want to fund development and pay the bills because nobody will work for us free of charge.

[bitcoinplusmagic]

No dump going on. Its me giving some coins to the community on the cheap. Trying to get traders back. I'll go as low as it takes until people bite. The coins are worthless as it stands.

Eh we protected this coin from major dumps even when selling off coins to raise funds so dumping it into kingdom come is less than helpful in my opinion.It would make more sense to buy up all the coins to a decent price and dump from there.The reason xbc is not viable at the moment is because the community coins cannot raise enough btc for development so how do you expect us to fund maintainence when the wallet has to be dipped into again to pay bills and the price is shyte?

XBC needs a marketplace where peeps can buy sell and trade legitimate goods and services and also access to coin payments etc.Random traders are not needed only marketmakers to stabilise a low total amount coin at a more or less fixed price and xbc is pointless unless the price reflects the total coinage so the coin is valuable and viable enough to do any development with.

Putting low priced stacks of coins into random traders hands is only setting it up for dumps at slightly higher prices until the buy and sell eventually depletes the price.I have seen these patterns over years with various other coins/projects.

Thats just my opinion but carry on..

I understand the concerns but.......
We had zero volume for nearly a week and we have no lead dev. Why would Polo continue to host XBC for zero profit. They are a business.
Any object is only as valuable as what the next person is willing to pay for it. The price has been kept artificially high for quite a while now. No-one was buying apart from me, you and a couple of others. I supported the coin where I could this year to the extent that I have an unhealthy amount of coins. I have lot of respect for yourself and JJMV for leading the project and bringing out the last wallet update and just felt this coin had a great future with people who I could trust. Also I've said before I will cover maintanance fees on a monthly basis so you can stop worrying about that. I tried to help out with dev costs but Ale fell short of expectations. Hopefully in the next few months we will find a dev willing to work with us.

I disagree that putting coins into random traders is a bad thing. The more traders the better. This week I have sold just over 1000 XBC. At most that is 0.25 BTC. Just over $100. That is nothing. That is not a dump. Its simply trading. When you start selling off $1000's then that is different. The BTC has gone straight back on the support side.

[BitcoinPlusBus]

We are still waiting for these coins to be transferred back to the community account.I have made contact and he has assured me he will return them

https://www.blockexperts.com/xbc/address/B4zPUEAKNtgfSATsMwaABmoxr6wpkvYqo2

[egghead123]

We are still waiting for these coins to be transferred back to the community account.I have made contact and he has assured me he will return them

https://www.blockexperts.com/xbc/address/B4zPUEAKNtgfSATsMwaABmoxr6wpkvYqo2

This is the original transaction from the xbc community account @ poloniex to that address.Bitcoinmagic donated 1000 xbc of those coins so its up to him what he wants to do when they are returned.Alecrypt0 is apparently on vacation and not near his wallet however if he cannot get to his wallet within a reasonable I would suggest he gives us the private key to that address if he has dumped it:

XBC   1500.00010000   B4zPUEAKNtgfSATsMwaABmoxr6wpkvYqo2   2015-10-05 19:05:39   COMPLETE: 1c547bc3f4e6c4bde4689f4026e31828fb19f0832687ffb2a047341d025f076c

[bitcoinplusorg]

Thanks for the link here egghead and it certainly is worth looking to contacting academics etc to see how we can collaborate in any way to promote bitcoin and crypto currencies in general 

https://bitcointalk.org/index.php?topic=1294141.msg13285809#msg13285809

http://cointelegraph.uk/news/115905/irish-college-chinese-university-link-with-state-street-bank-to-study-crypto-currencies-

[bitcoinplusmagic]

We are still waiting for these coins to be transferred back to the community account.I have made contact and he has assured me he will return them

https://www.blockexperts.com/xbc/address/B4zPUEAKNtgfSATsMwaABmoxr6wpkvYqo2

This is the original transaction from the xbc community account @ poloniex to that address.Bitcoinmagic donated 1000 xbc of those coins so its up to him what he wants to do when they are returned.Alecrypt0 is apparently on vacation and not near his wallet however if he cannot get to his wallet within a reasonable I would suggest he gives us the private key to that address if he has dumped it:

XBC   1500.00010000   B4zPUEAKNtgfSATsMwaABmoxr6wpkvYqo2   2015-10-05 19:05:39   COMPLETE: 1c547bc3f4e6c4bde4689f4026e31828fb19f0832687ffb2a047341d025f076c

Keep them in your account and if we get another dev on board next year use it for that.

[BitcoinPlusBus]

We are still waiting for these coins to be transferred back to the community account.I have made contact and he has assured me he will return them

https://www.blockexperts.com/xbc/address/B4zPUEAKNtgfSATsMwaABmoxr6wpkvYqo2

This is the original transaction from the xbc community account @ poloniex to that address.Bitcoinmagic donated 1000 xbc of those coins so its up to him what he wants to do when they are returned.Alecrypt0 is apparently on vacation and not near his wallet however if he cannot get to his wallet within a reasonable I would suggest he gives us the private key to that address if he has dumped it:

XBC   1500.00010000   B4zPUEAKNtgfSATsMwaABmoxr6wpkvYqo2   2015-10-05 19:05:39   COMPLETE: 1c547bc3f4e6c4bde4689f4026e31828fb19f0832687ffb2a047341d025f076c

Keep them in your account and if we get another dev on board next year use it for that.

Good man bitcoinplusmagic!

[jjmv]

Thanks for your help with this guys

[egghead123]

still waiting on alecrypt0 by the looks of it https://www.blockexperts.com/xbc/address/B4zPUEAKNtgfSATsMwaABmoxr6wpkvYqo2 I already pm'd him suggesting to send one of the team members the private key so funds can be imported into the community wallet etc