https://forum.valorbit.com/t/huge-reduction-in-free-val-social-distribution/1024




The delisting on C-Cex will be good for the coin, when coupled with huge reduction of the free social distribution.

We never intended to be listed so early in the coin life, because the only method that people saw to extract "value" from the distribution was in dumping VAL on the exchange.

Once the coin is delisted on C-Cex ( which traded against USD, LTC, DOGE ) it shall only be available on Yobit , at 1 SAT.
We believe that can be turned into an advantage.

The strength of the coin is in a large community.
While other coins barely get 1000 users/addresses this coin has a lot more , the 3400 on Twitter are literally just the tip of the iceberg.

We hope that you are still interested in the coin and give it a bit more time to transition from free distribution to the appreciation phase.

There are several methods that can result in increased coin value, like burning the pre-mine or proportional distribution of not yet distributed pre-mined coins,
increasing the number of decimals , investing in Facebook and Google adds.

The dev team will make use of some and continues to support the Valorbit coin.