Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BITTREX.COM] LitecoinPlus (XLC) / fast / green / bounties
by
poornamelessme
on 09/06/2014, 16:40:17 UTC

I completely understand your frustration but please see our position right now. Our hands are tied so we are actively talking about ways of creating more attention.

Any suggestions are welcome and encouraged. I was going to give away the XLC that I hold (as I have been buying over the last few weeks) but this wouldn't help the price.

Everyone needs to understand that development cycles go for a lot longer than 1 month. Imagine if everyone had given up on Bitcoin and Satoshi after one month? Just like bitcoin, these things take time.



As stated, the problem was the lack of activity for the first month of the coin. There was basically no development, hence the cycle was basically... release coin... forget about coin... make temp website... then notice there is hardly any volume to the coin. It shouldn't be a surprise.

What I would suggest is:

Use the ipo funds to buy votes. Use the funds to buy dev work for mobile wallets.

And this may seem a bit radical, but at this point I don't know what there is to lose -- rebrand the coin entirely. Consider it a dead coin that a dev plans to revive.

The LiteCoinPlus name was always a bit silly to begin with. BitCoinPlus could get away with it, as at least a lot of the general public has heard of bitcoin. It's not like litecoin is doing so fantastic either, nor is bitcoinplus so popular that it even needed a sister coin. Although XBC has been going up lately, XLC has been moving down. Down so much that one of my insanely low buy orders just got hit last night, after I got out of this coin previously.

Anyway, I'd go for a rebranding and get on other exchanges via ipo funds, not volume or voting (won't happen otherwise) -- unless it's a dinky small exchange like the ones I mentioned, mostly just to use as a lifeboat in case bittrex drops the coin.