Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LIBERTYCOIN][XLB] X11 | 100% POS | No IPO | No Premine | Cryptsy & Mintpal
by
coinpredator(return)
on 23/05/2014, 21:26:45 UTC
Whats with xlb losing over 50% of its value in a few hours? i know it has gained a lot in 2 weeks but this recent drop looks dodgy. Doesnt inspire confidance.

Actually you are wrong. You cannot say XLB lost 50% of it's value because it only traded at that level for less than three hours. It is obvious there was panic buying that was followed by a small sell off. This happens with every coin and XLB is no exception. However, the new floor seems to be around 10,000 sat. That means XLB price increased over 100% in one night and 1150% in one week.
Guys ICONIC is 100% correct because some correction is necessary, just Think of all the infrastructure that will still be built to Libertycoin, I venture to say that we're going to over 300K sats.

I bought 50K  at 18K sats and I am not at all worried about the value of 11K now, on the contrary I am happy because I can buy a lot of cheaper Libertycoins. We're going to Pluto, we're not going to the moon! Make my words!

Now it's time to buy more!