As the user above, I too will be avoiding this coin moving forward and will inform my friends and family to do the same.
I was concerned about this coin from the get go, but was willing to learn more. So I joined the SLACK group and explained my concerns in what would be considered within reason. Also explaining my investment history and current investment strategy, and why I was holding off but willing to listen and learn more about XSTC.
The response from the ones who are running this questionable operation "Prowe" and other admins, was to immediately remove me from the SLACK. This solidified my concerns and my fears that this is most likely a long-game scam for those who can be taken advantage of easily.
Anyone perceived as a threat to this scam are being removed and censored so that the main culprits continue to manipulate innocent people out of their money. Very poor handling by your team, I hope the public wises up and avoids this coin and anything you have to do with it for good.
All, please protect yourself and avoid further investment in this coin, until you see something truly promising first. DO NOT DONATE funds which will be siphoned out. If the DEV had some real incentive to make this work, he would be doing it in his/her free time with the coin as incentive enough. That is how a TRUE coin is established and run.
For those of you who have invested and lost, I am sorry to hear that. No legitimate coin/business would have attempted to censor newcomers trying to learn more about what the long term plan is. This is very telling and I wish you all good luck as you move on from XSTC.
Stop spreading FUD please!
Honestly, a few people were trying to force me to show the amount I HODL because they were frustrated some whales started to pump and dump.
I have no influence on that like I explained earlier, they are creating their own anxiety what results in even more panic sells.
In week 1 people started to become demanding without realizing the revival just started.
I asked them kindly to be patient, but after a sudden point you reach your limit, after too much negativity and insinuations you have
to ask people to leave Slack or help them leave, so I did.
Within the community a user purpose for the project had to be chosen, that's where a community-driven project is all about!
For a high standard technical whitepaper you need to have the competentions within your community or you need to pay.
The last case is very common, because you don't want 6 half pages filled with crap, full of bad grammar and bad syntax.
And it's very simple, if people are not contributing you will have more expenses.
There are too many people who think that others should vollunteer for them to add value and in the meanwhile they can just wait and sit on their chair.
Well, that's unrealistic. If people want projects to come off the ground you need a very active community.
And people should wonder themselves if a project goes up 4000% in 5/6 days, how big is the chance that the price will be corrected?
At a sudden point the $XSTC market cap was $30.5 Million (396 SAT), that was way too high for a revival project in that phase.