[ANN][LIBERTYCOIN][XLB] v1.0.3.0 | X11 | 100% POS | No IPO | No Premine |

[caston]

OK if the dev does not return lets consider something like this.

We make a new coin and use the CLAM distribution method to deliver these new coins to Libertycoin holders on a 1:1 basis.

The new coin is PoW/PoS coin with increasing N factor. N is also the percentage PoS interest. Everytime N factor increases so does PoS reward. Eventually N factor is so high that no CPU has access to enough system RAM to compute a single hash. Once that happens the coin is pure PoS again.

[HappyHogan]

I've just contacted the responsible for up to date definitions in the Dictionaries (Oxford and Webster) and asked them to make the follwing additions to the definitions of these words:

Asshole, scumbag, liar, opportunist, thief, incapable, sly, devious = "Templar77"

brace yourself for the "post Delete"

He wont be back for many weeks.

He's been doing the great for Xcoin and Neutrino. Amazing developer. I bet his mother gave him milk whenever he had a stomache ache, with apples for his eyes. I bet he pisses like a Peruvian racehorse. Bastard.

I hope the end will bring us truth. New ideas is great idea, keep the momentum going, life is still in grasp.

[Kn_os]

OK if the dev does not return lets consider something like this.

We make a new coin and use the CLAM distribution method to deliver these new coins to Libertycoin holders on a 1:1 basis.

The new coin is PoW/PoS coin with increasing N factor. N is also the percentage PoS interest. Everytime N factor increases so does PoS reward. Eventually N factor is so high that no CPU has access to enough system RAM to compute a single hash. Once that happens the coin is pure PoS again.

Wonderfull idea. It will bring live into that coin. Useless wait for scam dev, either change dev, and turn that coin into XLB2 or accept that coin is dead and wait till exchanges delist it..

[caston]

I can help with this but we will need other devs too. Who else is willing to assist?

Should be win/win because the XLB price will increase as people will realise they will get another coin but still get to keep their XLB. This is better deal then ones where people have to exchange their XLB.

Should be easy to get this coin listed on exchanges based on the existing availability of the current coin.

Then if Templar77 wants to keep developing XLB wallets he can and people will still have their coins.

[mdtspain]

I can help with this but we will need other devs too. Who else is willing to assist?

Should be win/win because the XLB price will increase as people will realise they will get another coin but still get to keep their XLB. This is better deal then ones where people have to exchange their XLB.

Should be easy to get this coin listed on exchanges based on the existing availability of the current coin.

Then if Templar77 wants to keep developing XLB wallets he can and people will still have their coins.

I like the idea but I doubt if it's easy to get the coin listed. For an exhange it's just another coin that needs to go true the process.
For us the coin will have emotional value, not for an exchange. An exchange has only interest in a coin that has trading volume.

[caston]

I like the idea but I doubt if it's easy to get the coin listed. For an exhange it's just another coin that needs to go true the process.
For us the coin will have emotional value, not for an exchange. An exchange has only interest in a coin that has trading volume.

Yes, it will have a lot of trading volume. Do you think we would get that far and just produce a flop? Right now just by raising this concept I have increased the potential value of XLB. Before this buying XLB was only speculation on the future value of XLB now it is that plus a bet that it becomes an IPO for a new coin that uses the CLAMCoin method to distribute coins to XLB holders.

So the coin may never happen and the bet goes sour or it does and the bet pays off very handsomely.

The simple mechanism of increasing PoS% each time N factor increases will make it very attractive to investors. Why would you not want to buy a coin in which the return keeps going up? and unless you really need the money right now (or want to trick the market into dumping it for you so you can get more) why would you want to sell it?

When N factor is 1 PoS is 1%. When N factor is 5 PoS is 5% and so on. Look at how excited people are going to get about each N factor increase. It means increased return on their money. Bitches love money.

I'm generally feeling quite happy right now thanks to 5-HTP. Why not a bit of optimism too?

[bt3656]

I like the idea but I doubt if it's easy to get the coin listed. For an exhange it's just another coin that needs to go true the process.
For us the coin will have emotional value, not for an exchange. An exchange has only interest in a coin that has trading volume.

Yes, it will have a lot of trading volume. Do you think we would get that far and just produce a flop? Right now just by raising this concept I have increased the potential value of XLB. Before this buying XLB was only speculation on the future value of XLB now it is that plus a bet that it becomes an IPO for a new coin that uses the CLAMCoin method to distribute coins to XLB holders.

So the coin may never happen and the bet goes sour or it does and the bet pays off very handsomely.

The simple mechanism of increasing PoS% each time N factor increases will make it very attractive to investors. Why would you not want to buy a coin in which the return keeps going up? and unless you really need the money right now (or want to trick the market into dumping it for you so you can get more) why would you want to sell it?

When N factor is 1 PoS is 1%. When N factor is 5 PoS is 5% and so on. Look at how excited people are going to get about each N factor increase. It means increased return on their money. Bitches love money.

I'm generally feeling quite happy right now thanks to 5-HTP. Why not a bit of optimism too?

The key is listed on the Mintpal exchange

[Kn_os]

As i remember Cai switched into Caix without delisting from mintpal, same as Sat turned into Sat2 i guess

[mdtspain]

I like the idea but I doubt if it's easy to get the coin listed. For an exhange it's just another coin that needs to go true the process.
For us the coin will have emotional value, not for an exchange. An exchange has only interest in a coin that has trading volume.

Yes, it will have a lot of trading volume. Do you think we would get that far and just produce a flop? Right now just by raising this concept I have increased the potential value of XLB. Before this buying XLB was only speculation on the future value of XLB now it is that plus a bet that it becomes an IPO for a new coin that uses the CLAMCoin method to distribute coins to XLB holders.

So the coin may never happen and the bet goes sour or it does and the bet pays off very handsomely.

The simple mechanism of increasing PoS% each time N factor increases will make it very attractive to investors. Why would you not want to buy a coin in which the return keeps going up? and unless you really need the money right now (or want to trick the market into dumping it for you so you can get more) why would you want to sell it?

When N factor is 1 PoS is 1%. When N factor is 5 PoS is 5% and so on. Look at how excited people are going to get about each N factor increase. It means increased return on their money. Bitches love money.

I'm generally feeling quite happy right now thanks to 5-HTP. Why not a bit of optimism too?

Good Luck with your bet. If I want to bet I will go to a casino. If I want to invest in a new coin then I will do my home work. Nobody is Interested in the PoS % to be 1 or 5 or 25 a year. People want to make profit trading....not holding a coin that disapears in 6 - 12 months.

[Youghoor]

As i remember Cai switched into Caix without delisting from mintpal, same as Sat turned into Sat2 i guess

yes you are right about it.

[mdtspain]

As i remember Cai switched into Caix without delisting from mintpal, same as Sat turned into Sat2 i guess

yes you are right about it.

There you go....they switched into.... Not gonna happen here. Templar is not giving the github access, so his coin stays on the exchanges. You are gonna make a new coin, give the holders of XLB 1:1 new coins aswell and then do the whole process of getting into the exchanges as a new coin.

You are not gonna takeover the place from XLB on the exchanges....

[caston]

You are not gonna takeover the place from XLB on the exchanges....

At this rate XLB is going to be de-listed if we don't act. We want XLB to stay on exchanges and the new coin to be added. We do not want XLB removed.

[tevayo]

As i remember Cai switched into Caix without delisting from mintpal, same as Sat turned into Sat2 i guess

CAIx and SAT2 are practically dead.
I have no XLB I've had, but if someone really takes care of the coin probably would invest in it.
You have to resurrect XLB as it has been so far, I do not think the other inventions that work.
luck

[Efelts01]

Liberty day will be huge! All hail liberty day!

[HappyHogan]

Should we start Templarisadickcoin?

[shogun47]

Liberty day will be huge! All hail liberty day!

At 60 sat it is a riot!

[Whtwabbit]

I think I'll wait a bit more to "catch the knife" 

[grolll]

Why price so low ?

[Vlad2Vlad]

I have heard different numbers and the word scam thrown around regarding XLB and the amount of coins actually out and the max cap.

Can someone reputable clear this up?

How many coins out now and what is the max hard cap?

And if the subsidy and max cap are very inflationary and deflationary, is there a plan to significantly cut that back soon?

Regards...

[Libertycoin]

I have heard different numbers and the word scam thrown around regarding XLB and the amount of coins actually out and the max cap.

Can someone reputable clear this up?

How many coins out now and what is the max hard cap?

And if the subsidy and max cap are very inflationary and deflationary, is there a plan to significantly cut that back soon?

Regards...

I wrote this Doc yesterday for http://www.coinssource.com/ because they were listing us as scam coin:
http://libertycoin.co/false-accusations-refuted/

-----

The total coins right now can been seen by using the Client API command 'getinfo'. 16,500,000 coins were created through pow and it will have 1% pos annual interest.

There is not a 'max cap' for POS coins. All coins have a variable called MAX_MONEY but it is offten misinterpreted. It is not to set the max cap. If you want to read more about that variable I recommend: https://bitcointalk.org/index.php?topic=444775.0

Peercoin, Blackcoin and Libertycoin have 2 Billion coins set in MAX_MONEY, but as I mentioned, it is used for other things and not to set the max cap.

Peercoin:
https://github.com/ppcoin/ppcoin/blob/master/src/main.h#L37

Blackcoin:
https://github.com/rat4/blackcoin/blob/master/src/main.h#L50

Libertycoin:
https://github.com/rat4/blackcoin/blob/master/src/main.h#L50


Libertycoin is not a scam. The coin is working so well that we are even in version 1.0.2.0 and we haven't needed to make any important changes.

I have big plans for Libertycoin and I intend to fulfill them. Regarding of what the trolls say.

Regards