Topic: [ANN] LitecoinPlus (XLC) / super fast / green / great team! - page 48. (Read 77063 times)
Very well said jiapetz, I think the majority concur
To me it seems like the people on the committee for XBC are the ones being greedy, buy fighting the xlc because they are scared that it will kill their fortune before they get a chance to cash-in!
Litecoin did not kill bitcoin or did it and I never heard about it.
Litecoin did not kill bitcoin or did it and I never heard about it.
Playing the devil's advocate for a second and since no one responded to me in the TrollBox.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
46k was the remaining dev wallet balance for future IPO's. The IPO money in question that he "ran off with" was the BTC collected from sellint the 50k XBC via IPO on Poloniex.
As you may know, an IPO is a way to monetize investors' investments so that the company offering the IPO can use that capital to develop their business. What we see happening here is, XBCplus (the person who created XBC and this XLC) sold his IPO, received the BTC to fund XBC, and instead, decided to take much of that BTC fund and keep it.
Like I said earlier. Was there an agreement made with the dev regarding the IPO fund? I thought it was pretty clear the dev wanted to cash out after he sold the IPO *cough* Dump.
The 46K was returned by the dev much to my surprise since he could have just as easily dumped it on Polo.
Also while IPO is the outside world is typically used to build a new company, from my observations IPO in the Crypto world is simply a way to get coins for cheap without mining it. With the gamble that the once the coin's value goes up, you can cash out at a nice profit. Which is exactly what happened with XBC.
As far as I know there wasn't! he did the ipo and the community decided to burn the rest along with any development funds! that is why he chose people to be on the committee to have 1% or more so that they can afford the development of the coin but it seems that they are not doing that and keep asking for btc from the community to fund everything!
Exactly so IMHO whatever the dev promised he saw through. I know very few people who would return $100K USD to be burnt but the dev did. There was no agreement of what needed to be done with the IPO fund so he did what anyone else would do.
+1
Please someone link me to the post where XBCplus promised the IPO funds will go to the community and not into his pocket. Every IPO I know was for the devs and not for the community.
What he said +1. Prove it!
Please someone link me to the post where XBCplus promised the IPO funds will go to the community and not into his pocket. Every IPO I know was for the devs and not for the community.
What he said +1
Please note I am not agreeing or disagreeing with the dev did, just stating facts observed by me. If there was such an agreement then yes by all means the dev is a nutjob but I don't believe there is one.
All I remember was people were super excited about XBC bought all the IPO within a matter of hours, agreed to burn the rest (shocked that it actually happened) of the 46K XBC, altho there was supposed to be a giveaway (never happened but I could be wrong).
There was never any mention of what was to be done with the IPO funds.
Everyone was sold on the rarity of the coin which IMHO doesn't mean squat but o well some people seem to think it does matter. My comments were shoot tomorrow I should come up with a coin, make it rare, 100% premine it and IPO that sucker.
Please someone link me to the post where XBCplus promised the IPO funds will go to the community and not into his pocket. Every IPO I know was for the devs and not for the community.
Playing the devil's advocate for a second and since no one responded to me in the TrollBox.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
46k was the remaining dev wallet balance for future IPO's. The IPO money in question that he "ran off with" was the BTC collected from sellint the 50k XBC via IPO on Poloniex.
As you may know, an IPO is a way to monetize investors' investments so that the company offering the IPO can use that capital to develop their business. What we see happening here is, XBCplus (the person who created XBC and this XLC) sold his IPO, received the BTC to fund XBC, and instead, decided to take much of that BTC fund and keep it.
Like I said earlier. Was there an agreement made with the dev regarding the IPO fund? I thought it was pretty clear the dev wanted to cash out after he sold the IPO *cough* Dump.
The 46K was returned by the dev much to my surprise since he could have just as easily dumped it on Polo.
Also while IPO is the outside world is typically used to build a new company, from my observations IPO in the Crypto world is simply a way to get coins for cheap without mining it. With the gamble that the once the coin's value goes up, you can cash out at a nice profit. Which is exactly what happened with XBC.
As far as I know there wasn't! he did the ipo and the community decided to burn the rest along with any development funds! that is why he chose people to be on the committee to have 1% or more so that they can afford the development of the coin but it seems that they are not doing that and keep asking for btc from the community to fund everything!
Exactly so IMHO whatever the dev promised he saw through. I know very few people who would return $100K USD to be burnt but the dev did. There was no agreement of what needed to be done with the IPO fund so he did what anyone else would do.
Playing the devil's advocate for a second and since no one responded to me in the TrollBox.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
46k was the remaining dev wallet balance for future IPO's. The IPO money in question that he "ran off with" was the BTC collected from sellint the 50k XBC via IPO on Poloniex.
As you may know, an IPO is a way to monetize investors' investments so that the company offering the IPO can use that capital to develop their business. What we see happening here is, XBCplus (the person who created XBC and this XLC) sold his IPO, received the BTC to fund XBC, and instead, decided to take much of that BTC fund and keep it.
Like I said earlier. Was there an agreement made with the dev regarding the IPO fund? I thought it was pretty clear the dev wanted to cash out after he sold the IPO *cough* Dump.
The 46K was returned by the dev much to my surprise since he could have just as easily dumped it on Polo.
Also while IPO is the outside world is typically used to build a new company, from my observations IPO in the Crypto world is simply a way to get coins for cheap without mining it. With the gamble that the once the coin's value goes up, you can cash out at a nice profit. Which is exactly what happened with XBC.
As far as I know there wasn't! he did the ipo and the community decided to burn the rest along with any development funds! that is why he chose people to be on the committee to have 1% or more so that they can afford the development of the coin but it seems that they are not doing that and keep asking for btc from the community to fund everything!
Playing the devil's advocate for a second and since no one responded to me in the TrollBox.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
46k was the remaining dev wallet balance for future IPO's. The IPO money in question that he "ran off with" was the BTC collected from sellint the 50k XBC via IPO on Poloniex.
As you may know, an IPO is a way to monetize investors' investments so that the company offering the IPO can use that capital to develop their business. What we see happening here is, XBCplus (the person who created XBC and this XLC) sold his IPO, received the BTC to fund XBC, and instead, decided to take much of that BTC fund and keep it.
He should work in the banking industry, he would fit right in.
Playing the devil's advocate for a second and since no one responded to me in the TrollBox.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
46k was the remaining dev wallet balance for future IPO's. The IPO money in question that he "ran off with" was the BTC collected from sellint the 50k XBC via IPO on Poloniex.
As you may know, an IPO is a way to monetize investors' investments so that the company offering the IPO can use that capital to develop their business. What we see happening here is, XBCplus (the person who created XBC and this XLC) sold his IPO, received the BTC to fund XBC, and instead, decided to take much of that BTC fund and keep it.
Like I said earlier. Was there an agreement made with the dev regarding the IPO fund? I thought it was pretty clear the dev wanted to cash out after he sold the IPO *cough* Dump.
The 46K was returned by the dev much to my surprise since he could have just as easily dumped it on Polo.
EDIT:
Also while IPO is the outside world is typically used to build a new company, from my observations IPO in the Crypto world is simply a way to get coins for cheap without mining it. With the gamble that the once the coin's value goes up, you can cash out at a nice profit. Which is exactly what happened with XBC.
Now if the Dev had promised of plans with the IPO BTC, then yes I would agree with you but I don't believe there was any such claim made by the dev or an agreement with the community so not sure why would anyone be surprised he took the BTC which the community rightfully gave him in exchange for cheap XBC.
Playing the devil's advocate for a second and since no one responded to me in the TrollBox.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
46k was the remaining dev wallet balance for future IPO's. The IPO money in question that he "ran off with" was the BTC collected from sellint the 50k XBC via IPO on Poloniex.
As you may know, an IPO is a way to monetize investors' investments so that the company offering the IPO can use that capital to develop their business. What we see happening here is, XBCplus (the person who created XBC and this XLC) sold his IPO, received the BTC to fund XBC, and instead, decided to take much of that BTC fund and keep it.
Very well said jiapetz, I think the majority concur
Playing the devil's advocate for a second and since no one responded to me in the TrollBox.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
What was the agreement with the dev for the BTC collected via IPO? Everyone keeps saying the dev "Stole" implying there was some sort of agreement. So what exactly was the agreement?
If memory serves, the Dev did return the 40K or so XBC which amounts to approx $100K USD to be burnt, which in my book is a very impressive feat.
Please note I never have prolly never will own XBC.
is polo down?
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its all about copy ! rolf !
Anyone else having problems getting on to poloniex?
it is too simple ,have other info
Indeed.
I just sent little btc to XBCplus to confirm this IPO.
Got my XLC now, but the status of my XLC is still unconfirmed.
Got my XLC now, but the status of my XLC is still unconfirmed.
I would like to invest, wait for IPO on Poloniex or through you?
send your btc to me and i'll get you in on the IPO...
don't believe me?
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