Re: [ANN][LIBERTYCOIN][XLB] X11 | 100% POS | No IPO | No Premine

In response to what barrabas posted, I dont think big sales of xlb necessarily means there was an instamine, I've personally sold 50-100k xlb a couple of times over the past week at a small profit then turned around and rebought some at a better price. I missed getting into xlb at the lower prices and bought all mine initially as it rose from 12k up to 17k and took a risk to try to get more because I thought price would fluctuate for a few days before more info about the anon developement was released and because I believe in IE and the long term success of this coin. I would consider myself a small time player in the crypto world so it wouldnt surprise me if others were doing the same thing with coins they purchased just like I did.

I will also add that after being in IRC most of today and discussing things with IE, gatti, shogun and others my confidence has been renewed that this coin has a great future and that IE is behind it 100%. The original dev might not have the skills needed but IE does and sounds ready to take over as the lead going forward. In addition, I wont be selling anymore of my xlb until we're top 5 in market cap. I'm now holding for the long term and will be in IRC daily to help organize, support, and discuss whats needed to make this a reality.

Hold on to your Libertycoin, the future is bright.

I have to take exception because what I posted I have known and followed for a few days and I wouldn't post it lightly and, definitely, it wouldn't have even call my attention if people would trade tens of thousands of coins -I do that myself on a regular basis-. Quite a different matter is the fact that I have located three wallets in total and two specifically in the last 48 hours that have liquidated their hundreds of thousand of coins. LIQUIDATED. As in selling all of them. As in destroying the wallet. That's why I know they are dumping, not trading. dumping it all. and that's why I know there's probably some merit to the allegations posted in the other thread, because these wallets had the max any other wallet has had until today in which the number one spot, at over 700k coins -more than probably Crypsy's-:around 450k each. I can only speculate -but will be able to find out easily- other "disappearances" of less inflated wallets in the 300k, 200k and probably 100k range. If it would matter. As it is, it doesn't... if IE takes over. If he doesn't... well, it will be an entirely different ballgame.

So you may choose to believe whatever you want but when I post something is the fruit of extensive DUE DILIGENCE and although subject to personal interpretations in this case, the indications are extraordinarily clear and point, with great precision towards the only point in which someone with free access to millions of coins obtained for free, is starting to sell then... in quite a hurry, actually.

Well looks like you did your research like with blackhand. Looks like dumping would be about done then unless few smaller wallets do so. Guess this is good news. More coins distribution and less for Pnd people to dump going foward. We can now move forward full throttle.

You maybe a tad too optimistic there. At least I am not THAT optimistic myself for I believe there could still be quite a big amount of coins to be dumped. But it really doesn't matter because the dumping so far is so clumsy and stupidly exaggerated, as I stated, that it only works in the long term favor of those of us who believe in Libertycoin and the very near and brilliant future. So, even if the allegations are fully true and there are still millions of coins to be dumped, what is the worst that can possibly happen? That the price temporarily goes a bit lower? Is that really a bad thing if your perspective is longer than a month? Perhaps more importantly: If IE doesn't take over, the dumping is going to presumably continue just the same and we will have a very unreliable dev -at best- with the pockets full of dollars and not a care in the world other than his personal problems and pass those pesky courses in Politics and World Economics at the UNAM... not exactly in our best interest, is it?

So, the core of my proposal is that we are perfectly able to turn this discovery into the best possible situation: IE jumps all in into his ideal coin and makes it HIS. period. We all benefit.

Remember, despite short term manipulations, dumpings and other fluctuations, Libertycoin is the win-win crypto currency. The coin in which there are no losers, only winners... and those who chose to let the best opportunity of their lifetimes pass them by.