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>Learned the hard way in March that at least some research into newer alts is a must Yep lots of older alts rarely do as well in the newer cycles. People tend to be obsessed with the niche at the time as well. I.e in 2017 we had the whole "Eth killer" thing going on where XBY and other alts mooned hard (most alts mooned in 2017, but certain ones did exceptionally well), and in 2018 we had a depression for alts and BTC, but Bomb / deflationary alts still did well, and eventually we had Memes, AI, NFTs, Metaverse etc in the previous cycle
For the old heads. I held XBY through its ath and believed it was just the start.
These are some definite blasts from the pasts! I barely avoided Bitgrail by pulling everything out just in time but definitely felt the fallout from the Oyster Pearl scam. Luckily never bought into scams like XBY and almost went into COSS but thankgod never did. :D
Bought at $4K, sold at $7K, gambled all the profits on XBY and lost 80% before getting out.
Starting to think XBY might be a scam
Lots of old coins and dead chains are pumping. Remember XBY that used to be shilled here endlessly in 2017? It's up 96% today. Phoenix Global is up 88%, Neblio is up 47% (another old project), Ambrosus is up 45%, Sonm is up 77%, Golem is up 24%, PIVX (old privacy coin) is up 25%, and so many other projects are up double digits today
XBY. There's still people that believe it'll come back from the dead
Funny, the best investment I ever made was VET and VTHO, never selling all. It all depends on what your timespan is I suppose, you buy in a bull market => you’re probably fkd somewhere along the line. The one I’m least proud of is XBY, writings were on the wall for so long and I just kept believing. Shit cost me a lot of money and someone has been enjoying that who shouldn’t of… big lesson learned there. I keep their channel open in Discord to force myself to look at my fuckup so I don’t do it again :D.
Only one that I bought into was XBY. I was like 75% sure it was a scam when buying but there was enough evidence to think there was a chance it was legit and worth dropping a little bit into as the gains would be astronomical.
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Calling out the fam first. My husband thought wagerr WGR was going to be the future of gambling and so we bought enough for a masternode in 2018...and watched it fall all the way down. He still wears the t-shirt. My own shameful buys include XBY, BKCAT, and more recently I watched PETS 5x and I held only to now be in the red for the foreseeable future.
Fairly happy. In 2017 I started looking into the crypto world and bought some very small bags of BTC, Eth Neo and XBY (this one ended being a scamm). Had been following the crypto news ever since and this year I just stepped in and I'm actually very glad that I did it. It's hard not being on profit, I think and I just spent some money I could afford to lose but ended gaining much value, so here I'm hopping for a similar year in this regard :)
Xby and rise. I'm not sure how promising they were, but people seemed to like them on Reddit. XBY looks like it turned into an exit scam when the market started to drop, I know there's others to but I can't think of them
I made a decent profit (not a millionaire tho) during 2017-2018 but what I learned was to sell 100% even if you believe in the project. The bear market is absolutely brutal. XBY, ENG, IOTA, ICX, NANO, DBC, etc were all heavily shilled in this sub, alot of people believed in those projects, now look at them now. Alot of those bag holders never came back. People were overleveraged and lost everything. People committed suicide, including some redditors. So the best bet is to sell 100% and buy in at a price point in the future that you can agree with. For example, ETH was at $1000, I sold near the peak, and bought back in during the 2018 bear market at $83. I also bought small bags of the above mentioned alt coins and regret it, didn't know they wouldn't come back in the 2020-2021 bullrun. I also bought some ICOs that were dead from the start. All of them had fancy whitepapers, websites, the tech made sense. The point is, get out and take profits. And only HODL if it's something like BTC. Just my 2c.
Confido was a snatch and run. I cant remember the drama around PRL to be honest but it crashed hard. XBY I think just slowly died. Its been a while so cant remember much sorry!
Last week also got a chick asking me through Telegram if I wanted to sell her boss my XBY at 0,2$ each (they're woth like 0,0003$ or something). They're literally everywhere. Apparently I never left the XBY channel, but it was about time :D
I feel like Shib, Safemoon and others are the "XBY" and "Substratum" etc etc of this particular bull cycle. Theres always a ton of the each time and they are all dead and gone the next cycle around.
XBY, game changing technology, patents shrouded in more secrecy than area 51. But please don't ask too many questions as the tech we've developed is far too proprietary and bleeding edge to be accidentally leaked to the rest of the cryptoverse. Needless to say there was probably nothing of substance behind the project and now it's as good as dead. I think it may have even forked into something different.
Lol. Try telling me why this is a "safe investment": Xtrabytes XBY
XBY, that coin was dogshit wrapped up in gold paper
Xtrabytes (XBY). That patent is JUST around the corner. SOON
XtraBytes (XBY) - king of "patent soon". Oyster Pearl (PRL) - main founder rug pulled, rest of the team forked and rebranded to Opacity (OPCT) and it is still alive. IOT chain (ITC) - team vanished, probably in prison... Qash (QASH) - main founders vanished... dead token. Modum (MOD) - unfulfilled promises, rug pull? Bounty0x (BNTY) - is this still alive? Deep brain chain (DBC) - dead. Honorable mentions: these are still alive Icon (ICX) district0x (DNT) Request Network (REQ)
XBY, Xtrabytes.. At any price 😔
I still advise newbies getting into crypto to consider it "gambling" while emphasizing to only put in what you can afford to lose. To me, it's more about the psychology of it, to ensure that people don't throw money at XBY or whatever and think it's the same as going into BTC or an S&P index fund.
XTRABYTES (XBY) Absolute clusterfuck of a project that decided to try and patent everything only to discover that they couldn’t get patents several years in to the process. Still technically being developed I think, but just a total disaster.
I came so close to buying XBY on multiple occasions. That patent was a dangling carrot
I mean even back then xtrabytes was a scam long shot. I was in XBY but only as a yolo play. It won’t ever recover because the founder “died” and after all the bs about patents they shifted to “we’ll open source parts that we think make sense and keep other parts closed source.” It’s a scam and that coin will never recover.
oh my a blast from the past. Pretty sure I had some XBY on that kiwi exchange when it went down.
Oh, he does, he just cries himself to sleep at night for not buying more, and for trading much of what he did buy for shitcoins like XVG and XBY.
Selling my 50 ETH in 17 / 18 for XBY/FLASH/ADC. Sucks, but it totally was a learning experience.
LUX and XBY are old 2017 coins that had great potential but are useless right now. XBY was FileCoin before FileCoin ever existed, truly a project before its time but utterly useless with cloud computing and other options. Anyways, I hate... loathe NEO. I will never touch LTC as it slowly loses relevance in today's market.
I don't understand the people with SIA, Dash, etc. If these are your worst performers, count yourself lucky. Come back when you bought my bags of Bounty0x, SophiaTX, CRED or Soniq (or one of my other dozen tokens like REQ, XBY which are under active development yet still down 99%).
Learnt this the hard way beginning of 2018 when the last bull run finished. I thought I’d ‘diversify’ into 75% BTC 25% alts. What happened was, the prices kept falling and the alts I picked either lost 90% value or in the case of PRL and XBY just exit scammed and died. Point is, I ended up losing about 0.25BTC. Thankfully I only diversified 25% of my stack. I’ve managed to get back most of it as I bought during the bear market to lower my average buy in price, but if I’d just bought and held then I’d have been in a better position. What it did teach me was to diversify the traditional way into other investments, so that now I focus on retirement fund, real estate, ETF’s, and crypto.
Oh I didn't mention the real shitcoins (other than PRL). I also bought Obsidian (went tits up), AMB, XBY, and WABI
People in 2017 were saying they were going to be paying for their coffee with Tron in a few months time. Posts with coins like XBY (no team, no product, no whitepaper, no code whatsoever) were getting to the front page of this sub regularly. There never was any intellectual discussion.
XBY (DEAD), LUX (DEADER), AION is on there because they did main-net conversion... so old coins are on the wallet and I can't move them but new ones are on the exchange... DRGN is on the wallet because it's pointless to move them until they become somewhat more valuable. That was a $50K bag that is now worth right around $2K... so WOOOOHOOOO
Audiocoin - dead. Bjork liked it tho! XBY - still have. Interesting to hear they’re starting a new team. Po.Et - dead RDD - surprisingly moving up! That’s all I can remember.
Yeah, I've done that last bull run... I have a $50K bag of XBY, LUX, AION, DRGN, and few others. My strategy has changed since then... I will be exiting all of my alt positions at the end of this bull run and will be sitting out until I am ready to re-enter the market.
I still, to this day, don't understand the appeal of FIL. There was another coin similar to it before called XtraBytes... XBY... went tits up, same concept. Now we have FIL. Honestly, the concept sounds nice but practically it is useless... blockchain file storage is not practical... not one bit.
Oouuf I was i invested in XTRABYTES (XBY). Good thing I pulled out
Well. To be fair. I had Req, ARK, VET, XBY and ENJ. Guess which 2 I decided to sell and which 3 I kept. Next time I'll do random picks.
Let's see if I can just bulletpoint some other tidbits: * They hired two guys to be the CEO/CFO or something like that. One or both was from Xerox but not super high up. * Those two quit like 2 or 3 months later citing different views on how to take the company * Oh, that's right... they also made stocks or some shit that you could buy. The "company" was registered via Mahé, Seychelles or some island. * Dave (CCR) somehow got outted (as in his full real name/etc) from a random video on YouTube thus convincing the XBY crew to start lifting the cloak of secrecy of their identities. (Some still keep it secret, for good reason). * Patent Pending (I think...) but I can't remember if code is released * Dave apparently passed away in December. I've done searches for his Obituary, but I haven't found anything. The website still lists him as Founder. * There is barely any exchange that hosts XBY so even if you had it or the XFuel that these devoted employees worked for, you'd have such difficulties selling it. * It's mostly just floundering trying to figure out next steps after Dave's passing. To this day, I can't tell if it's just a really exhaustive exit scam or just a complete shitshow of mismanagement, ignorance, lack of funding, and paranoia.
I had so much XBY on Cryptopia, but sold it years ago after realizing the coin was worthless *and* after being down 30%. Just recently I found out Cryptopia was hacked and I felt a little nostalgia for something I was losing money on.
They going to be upset to do this treasure hunt to uncover 400 XBY coins.
Flash, XBY, ADC are the three big ones. I was new to crypto at the time and didn’t do my diligent DYOR. I can’t say it was a bad experience as I learned a lot from it that totally put my perspective on the right track. And I’m still holding XBY :)
*looks at wallet with a thousand XBY in it*