The price is going to be played with right now while we're building the foundation. There's also been some well deserved successes for other coins on the market. This has drawn a bit of attention away from XBC while we are getting ready for the relaunch. Eyes are on us. As soon as the foundation is in place, we're going bombs away. As always, feel free to join us in freenode IRC Chan #XBC for conversation, to join the community and for updates in real-time as they are announced.
I think the biggest mistake the new team has made so far isn't the delay with the wallets, but was asking people to send all their coins to poloniex in anticipaton of the coin swapover. This raised false expectations that the wallet was ready at that moment. It also was like telling a compulsive gambler to go empty his bank account and bring all of his money to the casino. People are extremely impatient, see other coins moving up, and either panic sell, or just want to get in on other coins. Things like LCL and XLC probably drained some money out of XBC too.
So testing and such is important, but if possible, I really suggest getting this wallet thing fixed by the end of this week. If it drags on too long, I think people will gamble away their XBC just because they see it all sitting there.
