Awesome post. I feel much much better now about my xlb, and will help promote however I can
Definitely agree it is an awesome post. For all invested in XLB, I want to give you my summary.
I was one of the first few dozen people mining blackcoin in its early days and I followed iconic's posts throughout the growth of blackcoin. I have always been a heavy investor but not very vocal, mostly reading forums a few times over and going with my gut decision. Iconic expert started to do some great things in the blackcoin community and as the money started to flow in, he just snapped. Now again, I was on the sidelines and didn't get involved with any of the childish bullshit that was happening on the blackcoin forum. Iconic made a post accusing the whole team about lack of transparency of developers. Although there was some truth with what Iconic was saying, he is also extremely greedy. He manipulated the entire blackcoin community because of the shady practices of a few individuals on some of the blackcoin projects. This is why many posters (who appear as trolls) are actually not trolls at all but are legitimate complaints of iconic trying to take them to the cleaners. Iconic has some talent no doubt but he will manipulate anything and anyone to profit from it.
Now on to libertycoin. I made a single post back in the early pages (i encourage you to find my post) talking about how there was nothing new with liberty and I how i thought xlb was a scamcoin and I got knocked down by some of you (no hard feelings, I encourage you to shut me down if you think i'm talking shit)......Note however that as Iconic started to smooth things out and manipulate everyone into his devious plan, I actually ended up getting convinced that libertycoin could be the next "big thing". I made a second post responding to Iconic saying that he's convinced me... At the time of this 2nd post that I made, I purchased 2 bitcoin worth of xlb jumping onboard. Then a few hours later, I was talking to a few reliable friends that I have in the crypto community who warned me not about libertycoin but about Iconic being a scam artist. I asked more questions and made the decision to sell my original 2 bitcoin investment at around the same price that I purchased at and then I bought 0.5 bitcoin (1/4 of my original investment). Then as we know "Liberty Day" came and Iconic tried to fuk us over.....Thankfully for me, the laugh is on him because of many good people in the crypto world told me to be careful. Now my 0.5 bitcoin worth of xlb is down to less than 0.2 bitcoin worth of course. What I am going to do? KEEP THE XLB because crypto is all about helping each other out and fighting corruption in the Fiat money world as well as getting over the scammers who tried to scam us. I mean look, the price of XLB is already rebounding.
Thank you Templar for a clear and concise explanation of today's events, they seem quite transparent and honest as far as I can tell. Good luck to all and XLB is a great coin with great specs. There is no reason why we can't evolve as strong as originally planned pre-Iconic. The biggest difference with this scam of XLB compared to say something like Asiacoin is that the technical specs of the coin have not been altered. Asiacoin was a much more serious scam because of hidden premine. This so called scam attempted by iconic on libertycoin was a complete failure.. Congrats Iconic you scored 0.3 bitcoin from me and by the end of the week I will have fully recovered my loss as the price of XLB rebounds
A suggestion to all is to diversify into a variety of coins and to of course keep bitcoin on hand as well. For me, less than 3% of my crypto portfolio was fuked with by Iconic and it is only making me stronger as an investor. Crypto is the best thing that has ever happened to me...ya it's the wild west but if you tread carefully and team up with the good/honest people in the community, we will all come out strong and on top in the end. I'm gonna buy another 1 bitcoin worth of libertycoin and wish everyone involved with XLB from here on in the best of luck.