[ANN]BitcoinPlus (XBC) / MANDATORY WALLET UPDATE / BIT-ADOPTION! - page 97.

kbroadfoot

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Bass Player

Quote from: k!lowatts on April 29, 2014, 08:08:19 AM

so is this coin a scam?

No, it is well intentioned. Rare ( 100,000 coins ) However may even be more rare with 47,000 not taken in IPO and second IPO they look like they are being destroyed.... so total of 53,000 coins.... all pre-mined and distributed....

UNO is 250,000 coins and PMC is 499,000 coins.... it is a similar idea ( Rarity ) with a slightly different distribution model....

Unlike UNO and PMC however there are future features planned for XBC such as a POS wallet and multipool support @ Hashcows
( UNO, being mineable does not have a multipool, PMC actually does @ Hashcows )

Also XBC development is not just a single person but rather a team of XBC holders who are financially invested...

It is another crypto experiment. We have coins with billions of units, and coins with just a few units.... a 53,000 unit coin is somewhere in between.
I personally think a low count coin becomes an investment/trading coin... with increased volatility. This makes it attractive to day traders. But be prepared for the ride

The high count coins like Doge are easier for people to 'spend' so they are probably better currency coins...

But time will tell...

As far as being a 'scam' coin... Poloniex is behind this one, and Busoni would not back a scam coin...

WhatDisk

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Quote from: k!lowatts on Today at 01:08:19 PM
so is this coin a scam?

I think mybe not...

GatorJMT

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Quote from: k!lowatts on April 29, 2014, 08:08:19 AM

so is this coin a scam?

Well correct me if I am wrong but one of the biggest knocks against any coin is unfair distribution, from what I can tell this coin was the brainchild of a select few "pumpers" from the Poloniex exchange. They created the coin as an exclusive club for them to profit and are now using Poloniex as the vehicle to pump the price artificially. If you check the "founders" list I am almost certain all are active members of Poloniex's Trollbox.

With such a small select group owning the majority of the coin I don't see how it could succeed long-term outside the influence of the pumpers/owners on Poloniex.

And it's named Bitcoin Plus, with zero innovation and a sparsity of listed specs, what coin could ever expect any type of broad success and longevity with such laziness in its naming and creation.

Mine as well have called it CashGrabCoin, as it's only a vehicle to make a select few insiders some easy BTC.

WhatDisk

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People are not involved in IPO
Coin where come to?

fudge

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Premine scam.
This will be worth nothing in 1 month.

zmeddy

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"I heard" that busoni is going to destroy the remaining 47500 coins, any confirmation on that? Most of us voted for that so the sooner the better imo.

Feedthemcake

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Quote from: k!lowatts on April 29, 2014, 08:08:19 AM

so is this coin a scam?

nah brah!

k!lowatts

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so is this coin a scam?

kbroadfoot

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Bass Player

Quote from: HEISENAIR on April 29, 2014, 07:59:20 AM

Quote from: kbroadfoot on April 29, 2014, 07:51:01 AM

The DEV can't be 'perfect'.... Satoshi never warned us about that scam site MtGox.... no one got mad at him....

True.... I am not mad at him. I'm mad at the scam site.

Just after a little TLC from him Wink

I am mad at all the latest hacker activity... they are KILLING BTC and other cryptos.... it is so messed up... big adoption of crypto is hindered by these tools..

I remember when 'FreshMarket' ( not the greatest exchange, but an honest attempt, nice guy ) was hacked... you could feel his dejection in the apology letters...

I hope there is 'karma' in crypto and these guys get a smackdown....

HEISENAIR

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Quote from: kbroadfoot on April 29, 2014, 07:51:01 AM

The DEV can't be 'perfect'.... Satoshi never warned us about that scam site MtGox.... no one got mad at him....

True.... I am not mad at him. I'm mad at the scam site.

Just after a little TLC from him Wink

kbroadfoot

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Activity: 1302

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Bass Player

On a more serious note:

Everyone one of you early IPO investors, and second IPO types....
XBC will be a volatile ride, price wise.

You should prepared to lose your money, or get pretty rich.... but one thing is for certain, you big bag holders are the future of this coin...

If I were you I would NEVER panic sell ALL your holdings... that will kill the coin outright....

I would consider slow selling a portion of your stake into the market though as a hedge against total loss. I mean really slow too, like 1 XBC here... 2 there etc... just until you have recovered 90 percent or so of your investment...

You 1 percenters ( LOL ) control the future of this coin.... selling off small amounts is a GOOD THING. It helps spread adoption..
A panic dump and it is all over....

I know some of you have a lot of BTC into this and good luck to you...

kbroadfoot

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Bass Player

The DEV can't be 'perfect'.... Satoshi never warned us about that scam site MtGox.... no one got mad at him....

hiter

newbie

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Damn! I always seem to hear about these things too late. (Trollbox - Poloniex)

tripster69

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XBC Poll: https://bitcointalk.org/index.php?topic=588391.new#new

Aur3

sr. member

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Embrace change

I think that exchange site was like other's, coinmarket.io , openex, etc etc, where owner was good early but then they scam or got "hacked", I'm saying this, because I was using that scam exchange which was deleted from this thread, 2days before without any problems and wouldn't even thought in that moment that it will turn into scam later.

leigh2k14

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Quote from: HEISENAIR on April 29, 2014, 06:53:12 AM

Quote from: Aur3 on April 29, 2014, 06:48:58 AM

Quote from: leigh2k14 on April 29, 2014, 06:46:42 AM

Quote from: HEISENAIR on April 29, 2014, 06:39:06 AM

Quote from: leigh2k14 on April 29, 2014, 06:34:41 AM

Quote from: TwinWinNerD on April 29, 2014, 06:32:02 AM

Quote from: leigh2k14 on April 29, 2014, 06:24:33 AM

Quote from: XBCplus on April 29, 2014, 05:52:38 AM

coinopend has been removed. DO NOT TRADE THERE!

If you can, please spread the love to peercover, I think you will find some arb opportunities.

Mother fucking cock sucking bastard!!!!!

I just got caught with that exchange with 1.5 BTC

Thanks for the scam link!!

Here's the BTC block chain: https://blockchain.info/address/1JLmRoZ3NGEzderUzK6LkY1REfSkzYGNz

anthing I can do?

Ah fuck that sucks. Is it 100% sure they never payout? Maybe its ponzi like and they let you make 1 withdrawal to get your trust?

it's been 2 hours ans still nothing.

Thank you XBCplus for your scam link, that really fucked me up!!!!!

Me too. Is there anything the Devs are willing to do to ease the pain??

My blockchain https://blockchain.info/address/17epiQ6DDVeFZbD5tYr6wDYUNPeTsbP56s

They should of vetted this site before posting, you assume it's a legit site, if they posted a link on the ANN page.

Well many ANN coins pages got posted that site too, so why not blame them then?

I'm sure the buyers of other coins do.

No it isn't their fault I agree, but as a Dev, a little more research before too many people lose out isn't too much to ask. As far as proving who sent BTC or not, thats extremely easy to prove. Mine came from my Mintpal account, so the "from" and "to" is al provable.

That's life I guess, but the coin devs need to be more on top of this in a quicker amount of time to protect their buyers. Just be nice if the Devs maybe helped out the current losers as a gesture, not a requirment of course Wink

That would ease the situation Grin