Bitcoin Forum

This may seem a bit of a marketing post but frankly, I'm glad.

I've been around the block with the web. I've seen what happens over years of misadventure with high liquidity in new ideas but I am not the protectionist fool who dumps on good ideas because of bad experience nor, the belligerent investor testing an unfounded tip.

I have simply found the first draft of Amazon, Ebay or possibly Paypal.
These are the survivors of an environment which started during the big-bang of the web as 99% of everything created was annihilated (for good reason), the groups who not only had a good idea but the balls and investors to stick the course through the crucible of internet crashes and folds.

I was proven right too. Amazon hemorrhaged money for its first years of trade. Google was a little project to improve on yahoo and altavista.
Ebay was a gamble, but it had two inseparable components: Users controlled the market and Paypal which gave them that immediate access to web based payments no one else could match.

Luckily there was a crash.
I say this because there would have been no other way to clear the stragglers in the market. Everyone wants good market competition but to know where the real competition is for the coming term there is a valuable tool used by long investors: collapse. At this point one of three things happens; Bankruptcy, Reinvention or in this coming case, "Keep calm and carry on" with someone who knows a good thing when they see it. The same thing happened with Bitcoin and has just plateaued with Altcoins.

One of those people who stands on the edge seeing, learning, adapting is Kingscrown, creator of ExclusiveCoin [EXCL] and he has something a little more compelling than my theories and projections.
ExclusiveCoin started as all great ideas - Simply.

"Fast transaction times"
While the entire gamut of the alternative crypocurrency investment sphere began its infatuation with revising protocols, introducing features and generally over-engineering their coins to sing and dance just to release new Stuff to entice investment, I like to think Kingscrown didnt lose any sleep. He took the best idea of the last 100 years and did what no-one else really bothered to tackle without tacking on excess garbage. He just made it faster.

Alas this wasn't enough. In theory anyone could make a coin fast but that wont create something ahead of the curve. Every coin needs value. This is not something Bitcoin has before you point the finger. Bitcoin has Cost (work) and Potential (transactions) but its value is based only on the theory of people wanting to use bitcoin over cash or card. Thus far, Bitcoin is too slow to replace either. EXCL coin is not. In fact Exclusive coin is so fast one might say Paypal is sinking before it knows it. If you have to wait 15 minutes for a bitcoin transaction to use paypal or simply pay with a crypto on a market who accepts it in a matter of seconds, my point would be made but of course ebay has paypal so thats that. No? No.

Exclusive coin is true to itself, but a visionary is separate from his product and faster transactions are only useful where thay can be used. So why can I see ExclusiveCoin for the big player it is?

Wait for it.... Exactly. Theres no news like good news and it has started to seep out through the cracks. Not only does EXCL have a Market in development which will put Ebay to shame, it will have have fully functional escrow provided by Atomic Trade on the back-end. I apologise up front to those that point out SilkRoad and BitMit, you are behind the curve. Right now, ExclusiveCoin has the lead and vision to surpass such simple opportunistic ideas. You can point to any BTC pair value and any BCF whitepaper you like but none of these are a match for driven visionaries and real-world use.

This is why I am watching EXCL and will continue to do so with child-like excitement.

I'm glad holding EXCL too , this is amazing :)

I like what you are saying, and I would agree with you that Exclusive Coin is a great cryptocurrency. However I disagree with some of your criticism of Bitcoin. First of all I would argue that Bitcoin obviously does have value, since it is used for real commerce and some people do prefer using Bitcoin over fiat for numerous different reasons. Secondly the Bitcoin confirmation speed is rather irrelevant when used in more conventional situations like retail and online shopping since in most of these cases third party payment service providers like BitPay or CoinBase would be used. Which would render transactions almost instantly from the consumers perspective, however if one of the goals of Bitcoin is decentralization then adding more third parties is not exactly ideal. This is why we do need faster cryptocurrencies like Exclusive Coin so that more of our commerce can be carried out in a more peer to peer fashion.

I would also agree with you that having a real market use is fundemental to creating true value in any currency. Exclusive Coin does achieve this through the market it is presently creating, with the recent demise of the BitMit market, and the dark markets not being for everyone. The creation of this new market for EXCL and BTC makes perfect sense and fills a neceseray niche, which has the potential for much growth. That is why I am also very exited about Exclusive Coin and its potential future in the real world.