XBOT
This "guys" (I believe there's only one using different handles) have come up with a nice -and apparently "working"- product: It's an iteration of a tip bot that allows for transactions between peers potentially on any social platform, currently available in Twitter. The potential is obvious so, naturally, the interest was notable... in the beginning. Now the price has halved a couple of times and it continues on a worrysome downward spiral. Why? Well, several
RED FLAGS, of course:
RED FLAG # 1.- There's no transparency whatsoever. "Ladygaga" and "xbotdev" are both newbie accounts and probably the same individual, along with other handles. As stated many times elsewhere on this thread, there's only one reason, only one, for a developer to want to be anonymous: He has something to hide. Now, would you hide if you had the brilliant idea of building a platform to trade directly between users over the huge and growing social networks such as twitter, facebook, Instagram, Weibo? NOT unless you would have a VERY good reason for it. What could be the reason? There could be many, indeed. None of them of reassuring nature. What is perfectly clear, so far, is that whoever this "gaga" guy is, he cannot get anyone to trade on Xbotme on twitter. Mind you, interesting as the idea is, especially from a promotional, mass-market perspective, you still need the FOLLOWERS to market to. XBOT remains with less followers than a schoolgirl could achieve in a week's time. And mind you 2: You will have to trust (peculiar word in crypto) the centralized arbitration of a bot (or it's anonymous owner) should any trade go south... not the most enticing of propositions.
RED FLAG # 2.- They have a moderated BitcoinTalk forum. That in itself explains a lot. Again, you only eliminate freedom of expression when you don't want to face the music, otherwise, if you are legitimate, you encourage it.... Oh I know I know, the new "mantra" of the crooks is that a self-moderate forum weeds off FUD... that, as everyone knows, is pure and simple BULLSHIT. Oh but don't worry, we will only eliminate extremely offensive posts and blatant off topics.... Agaion: BULLSHIT.
Judge for yourselves the recent 2 posts eliminated:
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Quote from: IdiotInvestor on Today at 02:26:27 PM
Please, someone step in. Someone, please provide me where POD has helped a coin beyond either a: initial launch or b: quick pump and dump. Please provide me evidence where POD has proven more successful than actual development. Please provide me evidence where POD has prevented shitcoins.
Bringing this shit up with something like XBOT is beyond stupid. There is the tech, a lot of work was put into a coin that actually works. Please tell me, how many LSD or conceal did you buy?
I could show you several... for instance PINKCOIN. Or Vericoin, which will probably be part of the Supernet. Or Nautilus. And there are others.
Your second paragraph honors your namesake quite appropriately...
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Quote from: gagalady on Today at 01:56:39 PM
Quote from: LovSan on Today at 01:38:02 PM
Quote from: Lutek5 on Today at 01:03:25 PM
Hey guys. I've just checked the blokexplorer and there is already 1,204,774 coins mined
So when we calculate 800 000 coins * 0.0001 = 80 BTC for all remaining coins that will be distributed over next 75 days.
It is only 1 BTC per day.
When all the week hands will finally panic sell all their coins, there will be not a lot coins for us to buy later :/
Without POD, you will have enough time to buy cheep coins even under IPO price, train moves that way, with weibo or without. I hope developers do understand it too. Time and rules has changed. No one will care about coin, even with great tech, if they don't know who the DEVs are.
Wild West is changing, if you don't want to change with it too, you will be left behind.
POD not going to happen, we'll never submit our id to any third party for verification. If you want to feel safe, invest in shadecoin. The developer did POD at launch and again he promised a lot of new features, only to disappeared afterwards and came back with lame excuses.https://bitcointalksearch.org/user/ishade-371954
Cryptocurrency was created by anonymous developer and we understand that it's necessary for a business to have a public face but this will happen in near future through a PR team.
http://m.bbc.com/news/technology-29275904
PoD is NOT what that guy, cryptoasian or whatever, issues. Proof of Dev is coming out clear and show who you are. Full name and address. Just like any other business where millions in investor's money is at stake. And it is already a standard.
There's ONLY one reason why you would want to remain "gaga": You have something to hide. No ifs, no buts. If you are legitimate, why on earth wouldn't you want to take full credit for what you do? It is really that simple.
You obviously seem quite content with what you have done so far, even as the price continues halving again and again. I'm pretty sure it will continue unless something quite specific is done here. Some other poster says you have a "product working". It might very well be but that product is of no use or very limited use atm and by the time it reaches any consequence (you are actually able to trade some goods/services with it), there probably will be 100 similar "products" available ALL with developers and backers with names and addresses in full display.
But I am QUITE SURE you have your motives to hide...Off-topic?
Anyway, the points are made. Here you get the lowdown the way it is.
Otherwise, the market signals towards it quite clearly too.