Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LIBERTYCOIN][XLB] X11 | 100% POS | No IPO | No Premine | Now on Mintpal
by
kpierce77
on 18/05/2014, 03:16:33 UTC
As I type this, the market cap of Libertycoin and Dreamcoin are:

Libertycoin: $630,150

Dreamcoin:  $60,972

As you may or may not know, XLB and DRM were launched near the same time as each other and are both X11 POS.  However, you guys here at XLB have done AMAZING and we at DRM have enjoyed our fancy new bags.

I think that is going to change and wanted to see if any of you wanted to make a bet Smiley

I will bet 2 BTC that DRM's market cap will be HIGHER than XLB's at 10pm pacific time on May 20th.

Anyone wanna take the bet?  Smiley  You must have 100 or more posts here to accept the bet.  If you want to escrow it somehow, I'm fine with that.

I posted this on a facebook cryptocurrency group that I belong to.  It's from a member of the Dreamcoin community.  I think you'll find it, um, informative.  And I quote:

"I loathe to elaborate the point, but please think rationally about this. If you are able to, look at the github for this coin (Dreamcoin) and judge for yourself, please do so. Thus far, the so called Zerocoin integration is no further along than merely including the libzerocoin files in the project. This means that DRM is starting literally from square one. Assuming a dev actually has been hired, he has a mountain the size of Everest to climb, and the odds aren't very good. There are many other well supported coins that are also after the Zerocoin prize, as well as several competing coin mixing technologies that achieve similar anonymity that are further along than we are.

None of this means DRM can't still prosper, but it does mean the whole Zerocoin thing is a charade (for this coin). If you are valuing this coin based on the hope that Zerocoin will materialize on the 24th, you may want to rethink the position."

I HIGHLY doubt that DRM will have a higher marketcap that XLB in 3 days.

Rationally even u are valuing Liberty based on it implementing Darksend in a few days. We are doing either Zerocoin or Darksend because we like to keep all options open. Our coins are 10 times less consider this, and our multipool is customized to innovation. We like to take our time but thats only because we want to perfect our work.
Please don't debate them about their coin.  Their coin will hopefully do fantastic from here.  All I'm betting is that ours will do a bit better within 3 days (hopefully that's not rude, it's all in good fun).

No it's perfectly fine.  Remember too that that quote was from a member of your own community, not from me.  But hey honestly... no one can predict the future.