Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed.
by
Azorek27
on 14/08/2014, 19:30:21 UTC
Quote from: qiwoman2 on August 14, 2014, 07:22:25 PM
Quote from: poornamelessme on August 14, 2014, 07:02:05 PM
Quote from: armin22 on August 14, 2014, 06:23:50 PM



We might release a poll next week to decide if we should burn coins with 25BTC or not, this all depends on how the community reacts.

And would you be surprised at all if many vote for burning because they simply wanted a quick return/pump, didn't get it, and now want to dump? I remember XBC asking its community about burning coins too... and then when the dev left with all the ico money, they realized they had no funds to do anything with. People tend to vote for shortterm benefit over longterm here.

If the devs can't come up with a better plan than burning their own coin, might as well burn it and I'll cash out then. It means you have no actual plan.
Personally I am not in favor for burning the coins at all. I prefer that the market and coin grow organically. We haven't run away or are dead so for me Burnings irrelevant. We are just thinking to maybe do a vote but that is not a 100% go ahead. There seems to be a great for and against. I am personally against it. It just seems to me a quick band aid fix but that is just me. In the mean time we are doing our best for the coin. We have a press release coming out soon and other stuff in the works. Smiley


you have 100 BTC for QBC development :/ capitalization with current price is about 50BTC that is the same like coins that are dead have
If you just invest anything of that funds to development, the price should rise rapidly because inner value of the coin will rise. I cant imagine any other scenario unless you invest those funds really badly (for anonymity and useless things like that) so the inner value would not be increased then.