x

[poornamelessme]

I can't even tell what is going on with the price anymore. Can someone tell me why a copycat coin, made by a dev who I guess kept money he shouldn't have/did something shady, who isn't even involved with this coin anymore, would negatively affect the price like it has? I think Busoni said he wouldn't even list that other coin?

There are always copycats, a million nation coins, a million colors of black coin... none really matter. I don't get what is going on, unless I missed something.

[Listens]

I can't even tell what is going on with the price anymore. Can someone tell me why a copycat coin, made by a dev who I guess kept money he shouldn't have/did something shady, who isn't even involved with this coin anymore, would negatively affect the price like it has? I think Busoni said he wouldn't even list that other coin?

There are always copycats, a million nation coins, a million colors of black coin... none really matter. I don't get what is going on, unless I missed something.

No way to be sure it had an effect or not.  The price has had it's dips and crests past few days anyway.

as far as the past of the original dev etc, everything that needs to be said has been said...and maybe then some.   
Wash hands of it and distance yourself from the negativity.

Looking forward to Wallet release (soon-ish?) and maybe some other exchanges picking up the coin.  Then we'll see what happens.   

[poornamelessme]

No way to be sure it had an effect or not.  The price has had it's dips and crests past few days anyway.

as far as the past of the original dev etc, everything that needs to be said has been said...and maybe then some.  
Wash hands of it and distance yourself from the negativity.

Looking forward to Wallet release (soon-ish?) and maybe some other exchanges picking up the coin.  Then we'll see what happens.  

Yeah, but it has looked like manipulated dips. Basically as soon as price gets decent, trolls come out to play, then the price sinks, the whales feast, and the process repeats itself. Today was that XLC thingy, and it can't be a coincidence that the coin went from .02 to .013ish for no reason.

I never traded a coin that was just on poloniex only before. Or I should say, I never paid attention to daily swings/trollboxes as much. It appears way too easy for price manipulation (both ways, up and down).

[Listens]

Yeah, but it has looked like manipulated dips. Basically as soon as price gets decent, trolls come out to play, then the price sinks, the whales feast, and the process repeats itself. Today was that XLC thingy, and it can't be a coincidence that the coin went from .02 to .013ish for no reason.

I never traded a coin that was just on poloniex only before. It appears way too easy for price manipulation (both ways, up and down).

I agree it looks like some manipulation to keep the price down.  I think the usual was happening today and some other folks took the opportunity to sell (panic or otherwise) with the XLC silliness.
(especially with that joker that keeps putting up 1 XBC buys and sells. heh)

I've only been at this 3 or so months, and mostly on Poloniex, but I've never seen it go on so long before.  A small fish like myself just has to sit and watch.

I'm waiting to see what happens when it hits a 2nd and/or 3rd exchange.  Hopefully then some more "organic" movement, driven by market demand/supply rather than some whale.

[why123]

Wow BTC plus, is it better than BTC

[poornamelessme]

I agree it looks like some manipulation to keep the price down.  I think the usual was happening today and some other folks took the opportunity to sell (panic or otherwise) with the XLC silliness.
(especially with that joker that keeps putting up 1 XBC buys and sells. heh)

I've only been at this 3 or so months, and mostly on Poloniex, but I've never seen it go on so long before.  A small fish like myself just has to sit and watch.

I'm waiting to see what happens when it hits a 2nd and/or 3rd exchange.  Hopefully then some more "organic" movement, driven by market demand/supply rather than some whale.

I've only been into crypto about the same time, and do realize this sort of thing happens. I just find it odd how this pattern has  basically repeated itself the past 2-3 days ... sort of an easy way for whales to double their money. I am also surprised people fall for the same thing, and sell low ... and then watch the price go up, fud/trolls come out ... then they sell low again ... and whales repeat the process.

As for XLC, I was wondering if I missed some news or info on it. To me, it's a situation that really is sort of meaningless, at least in regard to price, assuming poloniex doesn't even list the coin. It's like if a dev made a coingen bitcoin plus plus plus plus coin, or some nonsense ... if it's not listed for sale anywhere, and from a somewhat shady dev not even related to your coin anymore, who cares?

[Listens]

To the people worried about the price...understand this is early days for XBC, there were a lot of IPO noobs who got quick profit and dumped...and distribution is now 10x better

We still waiting for wallet, cryptsy, mintpal - basically still in a stealth launch so this is the time to get in - think about the price when 2 week old coin like XBC with 50k coins and top 10 volume hits MintPal

The Bitcoin Plus brand has a lot of potential and a great team, everyone please focus on building the next parts of the coin and community, the price will follow that.

cheers

Agree.  I'm still holding my IPO purchase.
The new committee and community are doing a fine job.  Keep it up.

I might have to buy one of those coffee mugs when they come out.   

I've only been into crypto about the same time, and do realize this sort of thing happens. I just find it odd how this pattern has  basically repeated itself the past 2-3 days ... sort of an easy way for whales to double their money. I am also surprised people fall for the same thing, and sell low ... and then watch the price go up, fud/trolls come out ... then they sell low again ... and whales repeat the process.

As for XLC, I was wondering if I missed some news or info on it. To me, it's a situation that really is sort of meaningless, at least in regard to price, assuming poloniex doesn't even list the coin. It's like if a dev made a coingen bitcoin plus plus plus plus coin, or some nonsense ... if it's not listed for sale anywhere, and from a somewhat shady dev not even related to your coin anymore, who cares?

Just the way it goes.  Always new people into Crypto who are learning, sometimes the hard way.  I know I did on more than a few occasions, some not too long ago!  heh

[kyma]

lol @ Best Community In Town!

so I think we can all agree on one thing: this is just the bear trap before the new paradigm  

EVERYBODY VOTE FOR XBC: https://www.mintpal.com/voting

They changed up the voting only 1 vote, per hour, per person. GET TO IT!!!

[aragoon]

Couldn't resist buying some more. Looking good. 

[BitcoinNewbie15]

Will the price go up once XBC gets on different exchanges? Also, this is my first time ordering a cryptocoin from an exchange. I bought XBC from poloniex and its still in the open orders tab. How long does it usually take before i get them? Thanks guys.

[poornamelessme]

Will the price go up once XBC gets on different exchanges? Also, this is my first time ordering a cryptocoin from an exchange. I bought XBC from poloniex and its still in the open orders tab. How long does it usually take before i get them? Thanks guys.

If you buy from the sell side, it's automatic. If you put a bid in on the buy side to get the better price, you didn't actually buy anything... you just put a bid in. As for how long it takes to get filled... nobody knows. 1 min, to possibly never. But it's better to just put a bid in and wait, if near the top it almost always will get filled sooner or later.

I'd think the price will go up, at least initially, once the coin moves to a bigger exchange. There is usually some hype as coins get listed. Longterm, nobody can say, but it shouldn't be as easy for price manipulation to occur once its on more exchanges.

I see it's already back up to around .015. I prefer stable coins, so hope it finds a nice floor and just stays on it for a little while. I don't like all of this jumping around.

And yes, it's perfectly legal, no worries.

[aragoon]

If still in open orders tab then you don't have them yet. Take a look at the price you offered to buy at. Maybe you have to cancel your order and set a new one. Good luck. Don't pay any attention to troll box.
Sorry but can't help with US legality question.

[kyma]

I see it's already back up to around .015. I prefer stable coins, so hope it finds a nice floor and just stays on it for a little while. I don't like all of this jumping around.

I'm thinking this might be very unstable always due to the lack of supply. buying just a few coins can really move the market at higher prices

[poornamelessme]

I see it's already back up to around .015. I prefer stable coins, so hope it finds a nice floor and just stays on it for a little while. I don't like all of this jumping around.

I'm thinking this might be very unstable always due to the lack of supply. buying just a few coins can really move the market at higher prices

Yes, could be. Also could be due to being on a small exchange. It's harder (although it happens still) for whales to move a price around if a coin is on 3+ exchanges, and 2 of them are cryptsy/MP. When just on poloniex, I wouldn't think it'd take that much.

[bonosurgut]

Tonight's Announcements:

New POS Wallet ETA 24 +/- HOURS!! 

Latest - XBC Casino deal finalized today! More to come...

nice !

[Kreativekrypto]

My first XBC purchased coffee just got shipped today, will post pics of me holding it when it comes!! XBC XBC XBC!!!


See the OP ANN for the link to "Worcas Coffee"

[btccoffee]

Very beautiful very surprised

[Varvarin]

Welcome to the new thread, keep up the hard work folks.

[YoyodyneSystems]

New thread. Very wise.

Looking good. Tomorrow and the weekend will be fantastic.

[smak]

you still dont have a website up?