Not many will be able to read this, of course, before it is deleted. But it will be posted on the other thread too, so...
First of all, what applied to Libertycoin with IE's in charge, still apply to Libertycoin. The name. The idea. The community. We all know now that we just have a copy/paste clone of every other POS coin out there. Is it dead? Only if WE killed it. Again, we have a run-of-the mill copy/paste coin with an dev who is absolutely incompetent.
Let me tell you who the dev is a little bit so you can do your own research and reach your own conclusions: His nome de guerre is Templar 77 and you can follow the trail of his devastating actions with less than a year in crypto:
https://bitcointalksearch.org/topic/ann-ipcoxcoinx-100-pos-fourth-ipco-stage-only-3-weeks-left-580444 (this is next, or was, or... whatever). Check out also Grumpy coin thread and several others you will find along the way. The devastation and incompetence will become quite evident.
But what do you expect, this kid's real name is Carlos R. Torres Ferguson, lives in Mexico City and attends tech classes at ITAN, coding classes. He actually cannot do anything beyond copy/paste and websites preferably on wordpress. So, any tech progress that you may expect from him will be met with BS. Again and again.
I don't know for sure if he pre-mined 3 million coins. Someone did. I personally believe that it was him who through the non-pay-outs of the pool got the coins and kept them for himself. But I cannot have proof of that therefore it is just my personal conjecture. I do know though that in the past 48 hours, previous of yesterday's dump, three big wallets were emptied fully and destroyed. Again, those wallets, who had a total of close to 1.4 million coins, could belong to three different people or to anyone altogether but just use your common sense and, by elimination, decide who could have access to such amounts, so cheap that while the coin was in an obvious ascending trend in price, felt compelled to dump them. Like I said, common sense points in just one direction.
Why am I posting this: I believe that the coin can work without Iconic Expert too. Not as well as it would have worked but quite well if the community throws its support and ideas behind it.
And, obviously, Carlos/ Templar 77 has to go because, frankly, whether he is a thief -a very stupid one- or not, is of no relevance at the moment; what we know for certain is that he is totally incompetent and that he cannot code his way out of a paperback. So thrown the bum out and get YOUR coin to get beyond the copy/paste phase. I believe at some point today Zerocoin is releasing their code to the public. Others are going to be available to everyone soon enough. Libertycoin need a REAL coder who can do the implementations. The community will have to hire him. But, frankly, with that and nothing else, this coin is bound to fly. Every word that I wrote about it, with Iconic as leader, still applies.
With Iconic's help it would have been done faster but, in the end it all depends ONLY on the will of the community. YOUR will.
