[ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed.

I considered QBK long and hard but then decided against it for the following reasons:

How things will probably go based on alt-coin history so far:
1. Roadmap mentions merchant adoption which is what every coin so far tried to achieve. Even BTC is struggling with that and merchant adoption to create demand will take many months/years to achieve. After QBK there will be many other coins launched with the same goal. Apart from possible benefits from the u-ci plans I could not see any plausible real life use for QBK that will create demand and this is long term.
2. ICO is a no-no. All ICO coins so far have failed. How will the ICO host in anyways really know what the withdrawals are used for? Apologies if I am skeptic. If you want a coin to succeed you need to have enough real life funding to do it and have a company capitalised with enough funds so that you do not need investor funds to do it. Having said this there are exceptions though like Kickstarter where something tangible or useful have been created but with specific characteristics. In RL using investor funds in companies are regulated and needs to comply with certain criteria and conditions - including venture capital companies.
3. 20k sats ICO. Really??
4. All coins except for a few follow the same price and volume graphs - Initial pump up and after the first rise a dump and gradual decline over a number of weeks/months to eventual low price and low volume followed by a de-listing. What will make QBK different?
5. At the initial pump the ICO purchasers will dump at their respective risk thresholds - some at 5% some at 10-20%%, some will try their luck for 50% and when the bell rings big dumping back to 20k or lower.
6. 95%+ of crypto people are just there for the quick profits. Very few are in it for the long term. The ratio for ICO purchasers will probably be the same, meaning that after the initial dump there will be no interest left and they will move on to the next coin launch.
7. After the initial dump there will be bag holders that at least will earn BTC. BUT unless you have a plan to fund that for at least 1 year, you will run out of funds to pay the BTC.
8. There will be daily moaning on the ANN thread about when is the next innovation, what is going on FUDding will be rife in the backdrop of pice and volume decrease. The downward trend will continue unless you can find another way of creating demand and keeping people interested. However unless there is something big that creates a lot of volatility the initial profit takers will not return and you will have to work with the remaining bagholders to achieve your objectives. The key will be to keep interest, momentum and demand until you can achieve something with merchant adoption or u-ci.
9. POS coins have a dismal track record so far.

On the plus side:
1. If you are as dynamic as you say you are and if want QBK to be successful you need to address the above points. All coins except maybe one or two have failed to achieve that.
2. Women rights is a hot topic currently. So if people are into that then support something run by women (if you are women of course).
3. Accounts mentioned to be involved are at least not raw newbie accounts.

The above sounds skeptical but 20k is too high in my view for an ICO. Maybe there is some BTC to make on the first rise. Hopefully you can prove me wrong.

Its a quick buck(pun) scheme. No one "really" cares about the long term.
They are hoping for "XBC revisited" which was also a Polo ico and trollbox sponsered.
Sure, Polo will retain control over Ico funds for a period of time. Eventually, the Ico funds will be released for whatever reasons.

Ico investors will dump like there's no tomorrow if the coin pumps. No doubt. This includes qiwoman and bitcoin_mafia who have been upfront about their need to find money for sons.

I resent the implication that I would tank my reputation and steal from people over a pump and dump for a few BTC. Polo
has control of the ICO funds and will CONTINUE to have control over those funds. I know there have been many PnD and
ICO scams before, but you don't know either one of us.

There is a big difference between needing money and being willing to steal it from people.

I bought my coins just like everyone else and ONLY get what I bought. Same goes for everyone else on the team.

Until you have proof to back up your accusations (which you don't and WON'T), keep your misinformation to yourself please.

So did I from my own hard worked for earnings..

Also the insinuation that we need money for our Sons is disheartening to say the least.especially when we have worked for every penny we have earned and I also invested my own assets into this coin..anyway Cynthia and I have got a lot of work ahead of us to make money for the Bagholders..We won't have time to respond t FUD and Abuse..so anyone fudding here is wasting our time, time that can be spent on CONSTRUCTIVE issues.