Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC] -POW & 3.33% POS - no IPO| Anonymous POS in development
by
sfc
on 29/05/2014, 15:02:34 UTC
Please correct this from OP, its 5.5 blah blah mil coins and not:

Total # of Coins reduced to about 6~7.5Million with POW

This is the most beautiful scam ever. First dozens of mil, then 6 to 7.5 mil, than back to 5.5 mil. And hardly we can find people aware of this.

Are people really blind? I guess the dev and his friends have (or had) at least 50% of all coins easily. This thing will collapse like nothing else yet... I hardly feel sorry for illusional people, but this is too crazy.



To be fair the decision was made very public and heavily supported. There was a 51% risk on the hash and we were near the end of mining. For distribution and safety it was reduced. Pretty much everyone supported the decision at the time.

Ok, show me the actual first post. It should be not after 21-22 may...

It was after. It was near the end of mining, the hashrate went insane. I mean utterly insane, I've never seen so many SCRYPT hashes in one place and there was a genuine cause for concern at the time. It was at around 4.5mil I think.

Bullshit. What is the problem then? Those miners would dump, keep the market in balance (force up, force down) and eventually the distribution would be much fairer. A much bigger concern is people had a few percent based on the total amount stated before, had multiple percent after.

Here is the first post made _here_ about it  Roll Eyes Can you quit it

So you guys think it will be 10k tommrow??

It would be like liberty all over, went to bed at 6 K woke up at 10k ++

I hope not so fast... gradual rise is way better than shooting up so people can dump to take a quick profit.   This coin definitely is for the long term with a strong dev that's not here to pump and dump.   XLB like rise over such short time actually is bad for the coin ultimately I think.

Oh ya, just looked at the website and Saw POW last 100 days only 13% through the blocks so I guess it wont get to high or the multipools will smash the price down as it becomes to profitable.  Holding a little bit and can't wait to see the anon features!

I wish we can cut POW down to 10 days... for sure the multipool will smash it if they get a hold of the profitability...

Potentially it could be reduced... but thats a huge decision



Yep I linked it for him too but lets not let facts get in the way of a good conspiracy theory

Conspiracy theory: we are going to launch anon (and delay over and over)

Fact: its ridiculous to reduce the total amount of coins after launch and dev knew more than everyone else. I am sure this coin has more big holders than any other coin, who do you think they are?

Another fact: its just sick if you have to make money this way. Personally, i hate what happened with xlb although made nice profit and will put some effort in this bullshit. Even if i can prevent one buyer to buy this ill be happy.

You definitely have earned that "Ignored". Hope we get a second moderated thread soon. Can t take it anymore. To much bs and not enough serious xc stuff.