Topic: [ANN]BitcoinPlus (XBC) / MANDATORY WALLET UPDATE / BIT-ADOPTION! - page 14. (Read 169673 times)
July 05, 2014, 03:20:55 PM
We have access to the XBCplus.com domain host now. Things are being transitioned over. The FUD is rampant. I am not gone, i have RL obligations that were known by everyone. I have made my RL contact info known also. Promote truth !
July 04, 2014, 05:34:11 PM
Thanks to the people who have already private messaged me. Just a quick post to let you all know that it's 23:30 in the UK and I have to go to bed, so I'll answer everyone tomorrow morning.
July 05, 2014, 12:01:59 PM
Without the domain + ftp access, I don't see how XBC can be saved really.
If you are genuinely worry about that it means you are retarded. A fucking domain + FTP access are gonne, ohh my God it is The End! No, it is not but it seems impossible
to wake up clueless people this days - and it is becoming worse with every new day. If you really think lack of developers (noob coders actualy) and others who were into
XBC means a coin death I suggest you to just sell all you have and move on. Stop with pathetic yellowpages shits here and elsewhere! XBC do not give a fuck about any of
you just like BTC did not give a fuck about Satoshi and other people who were involved with Bitcoin and then quitted. The only problem here is you brainwashed kids who
are clueless on almost everything and thus assign importance to that which is not important. An influx of mindless idiots here lately is just staggering, go fucking away finaly!
Seriously, go back to making noise about favourite football players, latest singers and actors, retarded YouTube, Facebook and Twitter shits and so on, that is your level.
Bizarre response.
I already stated earlier I sold my XBC once I saw where things were going several days ago. My comments are meant simply as a way to possibly help existing holders. It's more than just the domain/ftp access which is of course a problem -- the domain/ftp comment means Serious + Wallenstein are gone with the btc from DCM. Which means no lead dev and no funds (he was in control of the dev wallet). The negativity over DCM, devs vanishing with 22 btc, no funds to pay the coder (I wouldn't call mindfox a noob coder, as he has worked on several coins as a hired gun), are all problems.
July 05, 2014, 10:28:07 AM
a lot 水军 water soldier。
July 04, 2014, 05:16:02 PM
Like I said above, I'm totally willing to devote time and try to come up with viable solutions, however it's got to be a two way thing.
Myself and Jia are the only two devs who haven't disappeared and from what I can gather, we're the only two people that didn't scam people. Therefore, if people can come up with more constructive solutions than 'coin swap or get out' then I'm all ears.
Hence my offer to chat with anyone that messages me privately. At least the way, things can be moved along. Remember, we've all lost money on XBC due to the actions of others.
And egghead123, I'm not spamming about a new coin, I'm simply offering a suggestion as to how people can recoup their losses.
Of course as a holder of XBC from the beginning, you are more than welcome to take things from here.
Myself and Jia are the only two devs who haven't disappeared and from what I can gather, we're the only two people that didn't scam people. Therefore, if people can come up with more constructive solutions than 'coin swap or get out' then I'm all ears.
Hence my offer to chat with anyone that messages me privately. At least the way, things can be moved along. Remember, we've all lost money on XBC due to the actions of others.
And egghead123, I'm not spamming about a new coin, I'm simply offering a suggestion as to how people can recoup their losses.
Of course as a holder of XBC from the beginning, you are more than welcome to take things from here.
July 05, 2014, 10:15:13 AM
Oh boy!
July 05, 2014, 09:14:50 AM
Very interested in 
July 05, 2014, 09:10:52 AM
Hello everyone!
I am an investor and a XBC community member mainly active on the IRC channel itself and I would like to give my 20 cents.
I've been around since the second IPO like many of us and I am in XBC as a long term investor, a helping hand and a provider for good spirit.
1) First of all, I would like to address the dev situation and community perspective
Personally I think, even though it might seem so momentarily, developers folding as not a bad thing.
Those individuals who have other things going on in their lives enough so to not being able to stick through are not the right people to carry the project through thick and thin in the first place into success in long term. Those who fold in the bottom are the ones that evolution weeds out and that's all natural.
Right now, we have Coinerz, jiapetz and also mindfox and tf2honeybadger have both expressed their continuing support.
Also we have a good group of loyal community members, fanatics, who all stormed into the channel expressing their worries, etc.
Which again, shows that we have plenty of people who actually care about XBC as a coin and as a project.
As those who have been here for short term jackpot wins have folded their hands already.
Those things being said, doesn't this show precisely that we now have the right people in place, the very core, the pressure cooked carbon based lifeforms that show that they are on their way to form a tightly fitted diamond!
As a person who has gone through special forces in mandatory army service (not US obviously), I can assure you that great teams are not built in the sunshiny fields, but in pressure cookers and sustaining hardship.
So here I present the leaderless panic a complete opposite view.
And still I cannot finally say or speak for those people, but at least I have spoken to all above mentioned yesterday excluding Coinerz and based on the exchange of minds, I think this project doesn't have anything too dramatic happened to it that the current members couldn't pass with flying colors.
2) The actual situation at hand.
So, the biggest "problem" is to get Wallestein / Serious, whoever has the web keys etc., to give their statements of what they do with the project and in the case of resignation, hopefully give up the access to the developers still on board.
This would be good to happen within next few days if possible, as there is still a week before Mintpal vote might go through.
And MP might want the coin to have the team united together etc. too.
If the holder of the keys don't turn up or folds or whatever, it's still not the end of the world either.
And as the current team saves the day, this actually displays the strength of the will of the people on board to keep on going, which eventually will be seen as a merit, not a fault.
This will really put the previous talks about XBC being a community coin really worth it's name and claim.
And this whole situation I see as a proper initiation challenge for the remaining team members.
3) A view on leadership
In my personal opinion, the way coin development went under Seriouscoins lead, and I say this from the perspective of constructive criticism...
What bothered me with the previous organizational structure was that the leader was too separate to developers and the developers were slightly separated from the community.
This is not true to all of the cases, but as an organizational structure, it was similar to what slightly bigger companies have, yet we didn't have enough people and things going on to make it the best model.
This current situation however carries with itself the unique opportunity to put a better functioning model into the whole project.
And the whole current membership: Coinerz, jiapetz, mindfox, tf2honeybadger and others...
Could more or less work as egalitarian board with only slightly varied and apparent roles on each core developer.
We do not have a giant operation in terms of people around, we could have a model where we are like a group of heroes of limited number, backs on each others backs surrounded by the army of FUDsters and all the investors, traders and so on... All addressing issues, doing things together, discuss with each other without artificial borders or distance and radio silences with each other bothering communications etc.
Decisions could be made solid with simply the majority of core members agreement and thus we would avoid these bottle neck situations such as the current one at hand where the chieftain is somewhere and unable to respond and web keys are on one person who is gone also... You understand what I mean.
Why not in the future give back up access to more key "board members", and then let the whole operation flow more fluidly through short term topographical changes in the terrain and then when it comes to long term planning all could happen openly on the irc channel or the forums and this way also the fanatics and investors have their opportunity to express their ideas as well. Projects like this do not function well if there is just one chief who is hard to reach and who has to hedge against mountains of piling requests.
As far as I know, Seriouscoins did work hard, but he was so buried in so many requests etc. that made him unresponsive and thus he pretty much had to distance himself.
That's all I personally really know about him as I talked with him and we should not hate him for his actions, especially if he still comes back to give some sort of a formal statement on his situation and a possible resignation.. To me, I can accept it without bad blood. And I'm not even implying that the community rejects him either. Just assuming that he decides to step down from the project...
However, if not, I'm happy to have him back, of course, minding that there is proper response to review the current situation realistically and also giving a proper respect of time and effort back into the project and addressing the issues I just illustrated above, which at least to me seem rather key things to re-consider. Just my opinion though.
4) Real heroes:
Then there is the issue with mindfox, to be least bit fair, he is really the rather silent hero of XBC.
Let's face it. XBC has only minor challenges to overcome currently.
Many other coins have it way worse. Their wallets breaking down.
XBC wallet and network has worked like charm, because all of the work mindfox has put in for ludicrous compensation.
He deserves much more.
The good thing is, tf2honeybadger, myself, perhaps jia if I remember correctly and many others have already expressed their desire to chip in to reward the tremendously important and hard work mindfox has put forth to the project. He has been the real spine to keep the actual infra going. For without it, THEN the FUDsters would have the RIGHT to say "XBC is dead"...
Well, you know what, you pimple faced punks? (
)
XBC is NOT dead. Price down ≠ Coin dead.
The coin is dead when there is no one to keep the project moving.
And in this case, it looks really good in my honest opinion.
The guys left around are powerful individuals who have guts, faith, skills, talent and heart.
Right now, a new wallet etc. is not the most essential part anyway.
Coinerz has already done a new website, all we need is either the keys back, or just new hosting. So that's the next issue pending to be resolved.
Then later and hopefully soon, we can chip in to give Mindfox the proper compensation he deserves and also in the future after the initiation challenges are handled, when the situation is solid enough so we can start working on the upgrades to wallet and further hire Mindfox, we will be able to do so without second thought.
5) Final word, analysis and cheer:
I trust that this team has what it takes to take the situation under control before MP.
We can all hope that XBC will be at solid bottom and perhaps going back up when MP picks us up.
If not and the decline continues, still I see no reason why we should wave a white flag.
Let the doubters doubt, fudsters spew their fearful guts...
Sticking together against the face of challenges can be the best thing ever happened to XBC.
That's what I vouch for, and that's what I want others to know.
And I'm not the only one who thinks this way.
The project has not failed.
Not to the slightest degree.
This is where we show what we have within us.
This is the greatest opportunity to put everything in balance and start on a clean, purified slate.
Stick to essentials, grow organically and patiently, keep our backs and spines together, eye on the ball, not dropping it.
Just think about it!
Now we don't have anyone to please and to give glorious promises and then try to run like headless chickens with too big bites to swallow while the team gets buried in their own impossible grandiose challenges... That's the mistake I see along with organizational structure before... Tried to be too big for the amount of members / actual coordinated work put into it while promising too much, too fast. I do not mean this in a bad way or to blame anyone necessarily. We had all the energy before, but **** happens and it's fine. A good team can learn and move on with the project.
No need to launch it anew in order to please FUDsters, no way.
Let's get our heads together and just do it right this time!
PS. Feel free to correct me if I spoke over someone against their true status and if I got some errors in my facts.
PPS. As a long term investor and XBC fanatic, I'm not really bothered with pampering the feelings of imbalanced individuals, kids, who love fear porn and drama, just to let you know.
I am an investor and a XBC community member mainly active on the IRC channel itself and I would like to give my 20 cents.
I've been around since the second IPO like many of us and I am in XBC as a long term investor, a helping hand and a provider for good spirit.
1) First of all, I would like to address the dev situation and community perspective
Personally I think, even though it might seem so momentarily, developers folding as not a bad thing.
Those individuals who have other things going on in their lives enough so to not being able to stick through are not the right people to carry the project through thick and thin in the first place into success in long term. Those who fold in the bottom are the ones that evolution weeds out and that's all natural.
Right now, we have Coinerz, jiapetz and also mindfox and tf2honeybadger have both expressed their continuing support.
Also we have a good group of loyal community members, fanatics, who all stormed into the channel expressing their worries, etc.
Which again, shows that we have plenty of people who actually care about XBC as a coin and as a project.
As those who have been here for short term jackpot wins have folded their hands already.
Those things being said, doesn't this show precisely that we now have the right people in place, the very core, the pressure cooked carbon based lifeforms that show that they are on their way to form a tightly fitted diamond!
As a person who has gone through special forces in mandatory army service (not US obviously), I can assure you that great teams are not built in the sunshiny fields, but in pressure cookers and sustaining hardship.
So here I present the leaderless panic a complete opposite view.
And still I cannot finally say or speak for those people, but at least I have spoken to all above mentioned yesterday excluding Coinerz and based on the exchange of minds, I think this project doesn't have anything too dramatic happened to it that the current members couldn't pass with flying colors.
2) The actual situation at hand.
So, the biggest "problem" is to get Wallestein / Serious, whoever has the web keys etc., to give their statements of what they do with the project and in the case of resignation, hopefully give up the access to the developers still on board.
This would be good to happen within next few days if possible, as there is still a week before Mintpal vote might go through.
And MP might want the coin to have the team united together etc. too.
If the holder of the keys don't turn up or folds or whatever, it's still not the end of the world either.
And as the current team saves the day, this actually displays the strength of the will of the people on board to keep on going, which eventually will be seen as a merit, not a fault.
This will really put the previous talks about XBC being a community coin really worth it's name and claim.
And this whole situation I see as a proper initiation challenge for the remaining team members.
3) A view on leadership
In my personal opinion, the way coin development went under Seriouscoins lead, and I say this from the perspective of constructive criticism...
What bothered me with the previous organizational structure was that the leader was too separate to developers and the developers were slightly separated from the community.
This is not true to all of the cases, but as an organizational structure, it was similar to what slightly bigger companies have, yet we didn't have enough people and things going on to make it the best model.
This current situation however carries with itself the unique opportunity to put a better functioning model into the whole project.
And the whole current membership: Coinerz, jiapetz, mindfox, tf2honeybadger and others...
Could more or less work as egalitarian board with only slightly varied and apparent roles on each core developer.
We do not have a giant operation in terms of people around, we could have a model where we are like a group of heroes of limited number, backs on each others backs surrounded by the army of FUDsters and all the investors, traders and so on... All addressing issues, doing things together, discuss with each other without artificial borders or distance and radio silences with each other bothering communications etc.
Decisions could be made solid with simply the majority of core members agreement and thus we would avoid these bottle neck situations such as the current one at hand where the chieftain is somewhere and unable to respond and web keys are on one person who is gone also... You understand what I mean.
Why not in the future give back up access to more key "board members", and then let the whole operation flow more fluidly through short term topographical changes in the terrain and then when it comes to long term planning all could happen openly on the irc channel or the forums and this way also the fanatics and investors have their opportunity to express their ideas as well. Projects like this do not function well if there is just one chief who is hard to reach and who has to hedge against mountains of piling requests.
As far as I know, Seriouscoins did work hard, but he was so buried in so many requests etc. that made him unresponsive and thus he pretty much had to distance himself.
That's all I personally really know about him as I talked with him and we should not hate him for his actions, especially if he still comes back to give some sort of a formal statement on his situation and a possible resignation.. To me, I can accept it without bad blood. And I'm not even implying that the community rejects him either. Just assuming that he decides to step down from the project...
However, if not, I'm happy to have him back, of course, minding that there is proper response to review the current situation realistically and also giving a proper respect of time and effort back into the project and addressing the issues I just illustrated above, which at least to me seem rather key things to re-consider. Just my opinion though.
4) Real heroes:
Then there is the issue with mindfox, to be least bit fair, he is really the rather silent hero of XBC.
Let's face it. XBC has only minor challenges to overcome currently.
Many other coins have it way worse. Their wallets breaking down.
XBC wallet and network has worked like charm, because all of the work mindfox has put in for ludicrous compensation.
He deserves much more.
The good thing is, tf2honeybadger, myself, perhaps jia if I remember correctly and many others have already expressed their desire to chip in to reward the tremendously important and hard work mindfox has put forth to the project. He has been the real spine to keep the actual infra going. For without it, THEN the FUDsters would have the RIGHT to say "XBC is dead"...
Well, you know what, you pimple faced punks? (
)XBC is NOT dead. Price down ≠ Coin dead.
The coin is dead when there is no one to keep the project moving.
And in this case, it looks really good in my honest opinion.
The guys left around are powerful individuals who have guts, faith, skills, talent and heart.
Right now, a new wallet etc. is not the most essential part anyway.
Coinerz has already done a new website, all we need is either the keys back, or just new hosting. So that's the next issue pending to be resolved.
Then later and hopefully soon, we can chip in to give Mindfox the proper compensation he deserves and also in the future after the initiation challenges are handled, when the situation is solid enough so we can start working on the upgrades to wallet and further hire Mindfox, we will be able to do so without second thought.
5) Final word, analysis and cheer:
I trust that this team has what it takes to take the situation under control before MP.
We can all hope that XBC will be at solid bottom and perhaps going back up when MP picks us up.
If not and the decline continues, still I see no reason why we should wave a white flag.
Let the doubters doubt, fudsters spew their fearful guts...
Sticking together against the face of challenges can be the best thing ever happened to XBC.
That's what I vouch for, and that's what I want others to know.
And I'm not the only one who thinks this way.
The project has not failed.
Not to the slightest degree.
This is where we show what we have within us.
This is the greatest opportunity to put everything in balance and start on a clean, purified slate.
Stick to essentials, grow organically and patiently, keep our backs and spines together, eye on the ball, not dropping it.
Just think about it!
Now we don't have anyone to please and to give glorious promises and then try to run like headless chickens with too big bites to swallow while the team gets buried in their own impossible grandiose challenges... That's the mistake I see along with organizational structure before... Tried to be too big for the amount of members / actual coordinated work put into it while promising too much, too fast. I do not mean this in a bad way or to blame anyone necessarily. We had all the energy before, but **** happens and it's fine. A good team can learn and move on with the project.
No need to launch it anew in order to please FUDsters, no way.
Let's get our heads together and just do it right this time!
PS. Feel free to correct me if I spoke over someone against their true status and if I got some errors in my facts.
PPS. As a long term investor and XBC fanatic, I'm not really bothered with pampering the feelings of imbalanced individuals, kids, who love fear porn and drama, just to let you know.
July 04, 2014, 05:01:19 PM
Maybe I should get a big red crayon and spell it out in larger letters..COIN SWAP or GO AWAY
Okay, as per your wishes, I'll retire from this thread now. However if anybody is interested in what I've said above then please contact me via private message and hopefully we can make some progress without having to deal with little children and their big red crayons.
July 05, 2014, 08:54:10 AM
Without the domain + ftp access, I don't see how XBC can be saved really.
If you are genuinely worry about that it means you are retarded. A fucking domain + FTP access are gonne, ohh my God it is The End! No, it is not but it seems impossible
to wake up clueless people this days - and it is becoming worse with every new day. If you really think lack of developers (noob coders actualy) and others who were into
XBC means a coin death I suggest you to just sell all you have and move on. Stop with pathetic yellowpages shits here and elsewhere! XBC do not give a fuck about any of
you just like BTC did not give a fuck about Satoshi and other people who were involved with Bitcoin and then quitted. The only problem here is you brainwashed kids who
are clueless on almost everything and thus assign importance to that which is not important. An influx of mindless idiots here lately is just staggering, go fucking away finaly!
Seriously, go back to making noise about favourite football players, latest singers and actors, retarded YouTube, Facebook and Twitter shits and so on, that is your level.
Well said ! July 04, 2014, 04:53:08 PM
Yeah, if you can't gather up a new team, any talk about new coins, swaps, or whatever, is meaningless. But I'm not sure you'd really need a lot of new members really, would you? What did Serious do anyway? If you, Japetz and Mindfox ran your own coin, how many more members would you need? Or is it a situation where nobody remaining wants to be part of a new coin, so you'd need an entirely new team and new coder? I can't say I'd blame anyone for leaving at this point.
I'm actually in favour of smaller, tighter teams and both Mindfox and Jia have proven themselves to be incredibly competent at what they do. The issue is actually about how much time could be devoted to things. Essentially any team would all need to be pulling in the right direction and working with a long-term outlook.
If you're not familiar with Vericoin, check out how they do things - that's how a team should work.
And how much is Mindfox owed from his past work, and how much would it require to start a new coin?
It's not really for me to say as this was a private issue between Mindfox and Serious. All I will say is that it was only a couple of days ago when Mindfox said he had only received 0.25 BTC.
When it comes to starting a new coin, the more funding the better. If dev teams are funded, then they don't need to abscond with BTC raised from IPOs.
If it's a ton, donations or whatever won't really work. If Mindfox wants to take a larger role, the ipo suggestion could in theory work.
Mindfox would actually want a smaller role - he is a wallet developer, he's currently single handed ly supporting the block chain.
Again, with a coin swap being part of the deal. People may be willing to donate to Mindfox and/or buy a small amount of ipo coins, if they knew you'd swap their xbc for this new coin. But even then, I wouldn't expect a whole lot.
A coin swap simply wouldn't work because we would want any new coin to be completely separate from XBC/DCM. Jia, Mindfox and myself have all lost a lot of money in one way or another and so the impetus to create a new, better managed coin would be lost if it was essentially just BitcoinPlus 2.0.
This is why I suggested a fund which could be used to create something new. Donators could receive coins based on their donations, but for a variety of reasons a 1:1 swap just wouldn't work. A 'pre-exchange' price would need to be set and coins would need to be allocated based on this.
July 05, 2014, 07:17:06 AM
Without the domain + ftp access, I don't see how XBC can be saved really.
If you are genuinely worry about that it means you are retarded. A fucking domain + FTP access are gonne, ohh my God it is The End! No, it is not but it seems impossible
to wake up clueless people this days - and it is becoming worse with every new day. If you really think lack of developers (noob coders actualy) and others who were into
XBC means a coin death I suggest you to just sell all you have and move on. Stop with pathetic yellowpages shits here and elsewhere! XBC do not give a fuck about any of
you just like BTC did not give a fuck about Satoshi and other people who were involved with Bitcoin and then quitted. The only problem here is you brainwashed kids who
are clueless on almost everything and thus assign importance to that which is not important. An influx of mindless idiots here lately is just staggering, go fucking away finaly!
Seriously, go back to making noise about favourite football players, latest singers and actors, retarded YouTube, Facebook and Twitter shits and so on, that is your level.
This made me chuckles xD
July 05, 2014, 06:57:52 AM
Without the domain + ftp access, I don't see how XBC can be saved really.
If you are genuinely worry about that it means you are retarded. A fucking domain + FTP access are gonne, ohh my God it is The End! No, it is not but it seems impossible
to wake up clueless people this days - and it is becoming worse with every new day. If you really think lack of developers (noob coders actualy) and others who were into
XBC means a coin death I suggest you to just sell all you have and move on. Stop with pathetic yellowpages shits here and elsewhere! XBC do not give a fuck about any of
you just like BTC did not give a fuck about Satoshi and other people who were involved with Bitcoin and then quitted. The only problem here is you brainwashed kids who
are clueless on almost everything and thus assign importance to that which is not important. An influx of mindless idiots here lately is just staggering, go fucking away finaly!
Seriously, go back to making noise about favourite football players, latest singers and actors, retarded YouTube, Facebook and Twitter shits and so on, that is your level.
July 05, 2014, 12:36:50 AM
dead,had sold 750XBC @0.0018BTC 
so scarely,just avoid to be penniless . July 04, 2014, 04:18:11 PM
This is an XBC plus ANN thread.NOT a new coin thread.Unless XBC coins are being swapped for this suggested new coin then stop posting about said "new coin"
Whilst the bold, red text has indeed made me see the error of my ways, I am simply trying to come up with a realistic and workable solution for the people who have lost money here.
If you can suggest a more viable solution that isn't based on phantom economics, then please let me know
July 04, 2014, 07:42:27 PM
Keep going gentlemen, make me chuckle.
July 04, 2014, 03:57:14 PM
It'd need to be an entirely new coin. But if there is no coin swap, why would anyone here even care about it? Nobody would care about a new coin made using the same XBC codebase, if they weren't getting something out of it. So whatever is done, it may not be 100% entirely separate from XBC or DCM, as if it is, why would any XBC/DCM person care? The whole point would be to sort of recover what you can from this whole debacle.
Neither myself, Jiapetz or Mindfox were involved in DCM and the code that Mindfox created for XBC is open source. Anybody is free to develop their own coin from it. The point I was making is that unless a COMPETENT and NON-ANONYMOUS team is formed with the necessary funds to develop and market a new coin, there's no point even attempting it - hence my suggestion.
To think that I even send a contribution to the wallet dev fund...
Same here - I'd love to know where most of it went.
If at some point there will be a compensation fund for Mindfox I will chip in.
Whilst this is a great idea, I think that a better idea would be to have any fund somehow tied in with the development of a new coin.
July 04, 2014, 07:36:42 PM
The ironic thing is I am not a troll or fudder.I have been a holder of this coin since the beginning and made many helpful suggestions on the IRC to the XBC community and here we are being told to cut our loses due to devs walking and to add insult to injury being spammed about a new coin by a dev from XBC.You could not make this up in a comedy script because it is neither funny or serious.
Yeah, I don't quite get what the plan supposedly even is. Telling people that this was a risk and they should be prepared to lose their investment probably isn't the best advice. Nor just saying sell at current prices and then donate for a new coin. I don't think a whole lot of people would really want to do that.
But does anyone have any workable ideas on how to salvage the situation?
Without the domain + ftp access, I don't see how XBC can be saved really. Nor should it probably with the negative associations to it. Best case scenario, some sort of short term team is put in place, coin coasts onto MP, and then dies. That assumes MP even takes it. I mean, have they taken coins without a dev team even present for the coin before?
A new coin idea could work, but there is no funding. And the idea of 'donations' from people selling their XBC then funding a new coin seems unlikely to me. Or am I misreading how people feel? It also doesn't really help those who just lost a ton on XBC. If they are going to sell for whatever they can get, they are better off putting that money into an existing coin.
The coin swap/ipo idea is the only thing I could come up with. And even then, it's very iffy and possibly no better than people simply selling for whatever they can get right now. Funding would have to come from somewhere. And unless people were getting coins in a swap, I see little interest in a new coin. Maybe people are confused when I say 'coin swap'... I don't mean a swap to just another version of XBC with a new name. I mean a fully developed coin, with extra features, which is a completely different coin.
July 04, 2014, 06:34:52 PM
I am really un happy with the way this has turned out. Why bother with the coin in the first place if you was just going to leave it again SeriousCoin. Being busy is one thing but dropping in for a message now and then is totally reasonable. Anything else is just an excuse. Want me to believe your not even online now lol. No of course not. Finish what you started you was doing good work for a while. Don't blow it now when its in the home stretch.
Steve
Steve
July 04, 2014, 02:51:46 PM
Funding for the new coin could be either from existing team's funds from selling XBC (however meager they may be)
Funding would need to come from a wide range of sources. I sold my XBC about 3 days ago and got around 0.9 BTC for the entire lot. I'd also paid out several hundred pounds for merchandise, software licenses printing etc... that was never recouped.
Of course I expect only a tiny portion of people willing to invest in yet another ipo, but even if it does okay-ish, it should be enough to pay Mindfox. Instead of doing the destroyed coin thing, provide a proportional coin swap with existing holders of XBC + DCM. That way they won't take a total loss. At current prices, anyone selling XBC or DCM is getting killed.
Any new coin would need to be entirely separate from XBC or DCM as both coins carry enough baggage with them for the fudsters to make life difficult from the start. I know it sounds harsh, but when it comes to investing in crypto, it really is a case of 'buyer beware'. People should NEVER invest what they can't afford to lose. Sure being compensated for bad investments would be nice, but the reality of the situation is that this isn't going to happen.
Are you seriously suggesting some large holder who bought at 10x - 15x this price sell what he has now? THAT IS OUTRAGEOUS!!
It's totally outrageous, however to summarize:
- The dev team have disappeared. There is currently nobody working on the project
- The wallet developer will not be continuing with the project unless he can be paid for previous AND future work
- The domain is owned by a missing team leader
- The old website is inaccessible via FTP
- There are a huge amount of fudsters who are doing their best to kill what's left of the coin.
You can hold your remaining coins and hope against hope that the above points will be ignored and they will somehow reach previous peaks, or you can get rid of what you have and salvage whatever BTC you can before the coin drops any further. Given that it's likely to be at least another week before XBC hits Mintpal, do you really think that the price isn't going to drop any further in the next nine days? Up to you, but at times like this, clear heads prevail.
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