XC Premine was discovered to be gone and admitted to by the team. I think we found out who was selling off on good news time after time....The XC Team selling the premine.
So nobody was tracking the premine address until recently? Premine addy watch 24/7 is a standard for any and every alt launched with a premine.
If this is true this is awful...
I dumped my stack between 120k and 140k, every last one... You may have noted I have been quiet here.. I was not posting at all while I was selling so please don't think I was doing anything to suck people in...
I am not going into the reasons and I had no idea the above was going on but there were things I was not happy about, I did not want to come on here and post / moan about it so decided to move a fair bit to BTC and then FIAT and the rest ive been slowly sipping DRK....
I really hope the premine stuff is not true as that would not sit well with XC as I thought - even if the direction was not quite going where I wanted, it was uber ethical, so give them the benefit of the doubt here...
"IF" they have done the above, the coin is dead though.. Period, end of....
Crypto is bad across the board though.... I see it as classic buy low, sell high later.. A lot of the sellers now will be buy high, sell low.... You just need to have balls and pick the best projects that you can believe in.. I think I have done that....
Watching with interest here, have thought about getting back in with some at various points but up until now I have not pulled the trigger...
Good luck guys, reading and watching here with ineterest...