If you manage to get the ''ball rolling'', everybody will dump like me, 'bought at 25k IPO.
I would even dump XLC at 24999...
the only reason for new posts in this thread is that the price went from 11000 DOWNWARDS
Oh what's this .. x11.. wait , have you seen Litecoinx14 already? ITS A MUST!
DEV hops on next train, X11superplusMEGALITE whatevah
Peoples - check DRK,check XC, check for real coins.
Check my engrish - me so german, execruse me, I really want wanna getting coorect spell but.. is me.
I agree that I am not sure if there is any actual 'community' for this coin. Even coins that may not exactly be unique, freebie giveaway coins, and similar iffy coins, probably have a much stronger community.
I think the key problem is that just about everyone who got in on this coin did so via the ipo, and some below ipo prices (it wasn't above ipo prices very long, so doubt many people bought then). So there is a huge number of people just sitting on their coins at ipo prices, waiting to get out. They probably only got in, expecting or hoping for an xbc-like jump in prices. When that didn't happen, they just sat on the coins and waited. Or sold for a loss. There was nothing special about this coin, and it didn't even have a decent dev team behind it. No website, merchants, multiple exchanges... no regular things most coins have. The lack of dev activity, and then a switch to a new dev, probably doesn't exactly raise confidence in the coin either.
All that said, it's not impossible for the new dev to revive the coin. It happens all the time with dead coins here, and the coin isn't exactly dead to begin with. The dev will need to recruit a team, make a professional website, and do all the work that should have been done from the beginning. The road to this, in my opinion, would be through the ipo money, as I stated earlier. As of yet, we see no evidence of this occurring.
Anyway, I am mostly out. Sold enough early on to be at a tiny profit, and just hold a very small amount now. Mostly just checking the thread now out of curiosity.