Topic: [GIVEAWAY/POLL] What is your perception of Libertycoin? (Read 5016 times)

It is a real coin, but it is in a lot of trouble right now.  The original developer has not been able to deliver key promised functionality and has been very poor at communicating.  The community has lost confidence that he will be able to deliver and a new group is trying to take control and lead this coin forward in a better direction.  It remains to be seen if they succeed, but I believe they are sincere.  Right now, Libertycoin is a very speculative investment, so I'd be hesitant to invest a lot of new money in it.  If you want to invest a small amount on the chance that things improve, go right ahead.  You can get a lot of coins cheap right now.

Can somebody help me if this is fake or real ?

It would appear so.  Most of the posts offering feedback asked for the anonymity feature to be implemented.  He just announced that it will not be implemented.  https://bitcointalksearch.org/topic/m.7413019

It doesn't need hype.  It needs delivery of promised features, promotion, integration into payment systems, etc, etc.  In other words, real progress.

need hype dude. create hype. current price is a joke. coin has potential.

Was the giveaway a farce, or what?  Dev just didn't like the answers he got?

A joke, lol

1. Perception

Libertycoin has a great name and branding potentional, as long as the devs capitalize on the concepts of liberty and freedom in their image (branding) and in their philosophy and execution of the coin.

I am invested in libertycoin, but I would like to see it do better.

The staking features are nice, and it is very rewarding and satisfying to see interest generated every day.


2. Improvements

The website needs to be expanded upon and offer more resources for investors, as well as more educational and promotional material for new or potential investors. The forum also needs to be spruced up. In order to build up membership and increase participation in the forums, I suggest offering more giveaways, as well as offering a subsection for people to announce giveaways for other coins. More giveaways = more members/participation in the forums.

The libertycoin logo needs work. The letter 'L' really doesn't have much impact, and the colors red and black are only significant if presented in a meaningful way.

The idea of Liberty is very important to people. To improve investor relations/faith in the coin, there needs to be more discussion or philosophical examination regarding the concepts of liberty and freedom. You use the name "Liberty" but you need to prove to the community what you think liberty is and why it is important, both in written material and the design and function of the coin. If you can do this, Libertycoin will succeed.

The price is really cheap right now and this coin is a good solid coin with no pre-mine. Well designed and very professional as is the website. Is listed on several major exchanges known to be frequented by whales such as Poly, Bittrex and Mintpal. Easy to call this one as the next one to rise.

Hi!  I see a lot of good advice here but I'd like to add my own:

1.- What is your perception of Libertycoin?

I think Libertycoin has great potential!  I became interested after the big blowup.  I believe in Anti-fragility.  Here is a nice coin that works well and has a great brand and it's share of challenges.  If the allegations were true the devs would be long gone.  There are plenty of coins where the team is completely awol and the coin limps along anyway.  I see a lot of effort put into expelling this drama, and the coin, devs and community are all still here.  

You survived!  

A scar can be seen as a disfigurement, or it can be worn with pride.  It is proof that the coin is strong.  Time to stop apologizing.  Its done.  It happened.  The coin is better for it.


2.- What do you think we can do to improve?

Liberty.  This isn't any old coin.  These are LIBERTYcoins.  Other than a good brand what makes it a Libertycoin?  Others have suggested accessing merchants so that XLB can be traded for items of physical value.  I agree, but I think you should be strategic in this.  There are many organizations that exist to promote Liberty.  Reason.com, FEE, The Bastiat Institute, The Frazer Institute, the Heartland Institute, The Objective Standard, The Atlas Society, The Center for Liberal Studies etc..  Reach out to these people.  Some of them are charities who's mission is to support and spread Liberty. Many of them have publications like books and magazines for sale and probably pens, mugs, T-shirts, posters and whatever else for sale.  Start with them.  Help each other.  The people who support those charities and read those magazines very likely have businesses of their own who just might sign on and accept Libertycoins in the name of liberty.

Thanks, but I meant the giveaway, not the pool.  I can vouch that the pool pays, and on-time.

ah no worries... at this rate will be much faster for me to buy but I will keep my miner running anyway so at least I can get more coins while I am at work or asleep etc

4MH on x11 = 1MH scrypt around 0.0021 BTC/day
and 4MH on x11 is 1M shares a day.
it depends of the current price , but 1600 satoshi price , around 130 xlb.
What i mean that it varies but now is pretty close to that.

Cheers. Out of interest how many XLB would you generally get per million confirmed shares?

yess, no place for worries you will recieve what you have mined.When your conffirmed shares disappear , it usualy happens 07 pm UTC soon you will get payed.
i mine there as well i have never been skipped in payments.

It says: Next payouts June-15 20-4 CET.

So I guess we will find out then.

Has anyone actually received coins from this?

Hey Libertycoin,

Sorry if I am posting this in the wrong place. If you can't answer me here please direct me to the right place. I started mining XLB in the multipool today and want to know where to check my stats.
*edit: found it on http://multipoolmining.com/ "my stats"

I am very excited about liberty coin and hope to buy and mine enough to put me in the top 20 in the rich list.


I am mining at: http://xlb.multipoolmining.com/

If I like my experience with the pool I will point more miners at it and recommend it to others.

Libertycoin needs exactly what Liberty itself needs, Belief.
Belief is the base of intrinsic value.
If you think I'm wrong, study what makes money, money.

Here's another:

I think Bitcoin is great accept for two things: its speed, and the infinite hashing power needed. Libertycoin eliminates these problems. Anonymity is great in a society based on solid moral footing. Or is it?  I don't know how solid our morality is these days. I think some serious study is needed to conclude anonymity to be, overall, beneficial or not. The only real way to figure out if it's good is to try it. Whether that will ever happen for money is anyone's guess.
However, remember to think big. To think big means an alternative to fiat currencies. A happy and cohesive society is not full of dark secrets. If the society is based on liberty, good moral ground, and natural law, why do we really need to hide our money movements. The largest benefit I see with anonymous money is to avoid the fraud and money controls set in place by the government. In a lawful society, these controls would not exist. I'm not firm yes or no to anonymity.

This is an old post of mine:

Has anyone ever commented on any of these bitcointalk threads using their real name?
A major ingredient in liberty is trust, no?
After all where is the strength in a "community" who's members don't even know one another?
That is one of my ideas for this coin. Could someone create a platform where libertycoin community members could state who they really are, on record. Real names. Maybe a short bio.
People here say they want this coin to stand out and be different from the rest. A real community will stand out. People could even state how many xlb's they hold. Members could trade services etc.

That is one of my ideas for libertycoin, but I have more crazy ideas.

Could anyone create on online market only for libertycoin, like a craigslist or a Kijiji?

Now this is an out there idea, based on trust.

Imagine a staged buying rally of xlb's. One where members announce there buy orders as they're placed. One where community members anounce how much btc they will be spending. One where members first vote on the desired price level for XLB. With real names used and the ability to trace who dumps if anyone does.

Do you think these things, if accomplished, would make this coin stand out? I do.
Do you think these things are possible, or is there not enough trusting and trustworthy people in the community of libertycoin?
To radical?
To scary?