Bitcoin Forum

New Thread: https://bitcointalk.org/index.php?topic=722328

No pow?

All these IPO have miners shaking their heads

Good idea.I'm in.

Sorry.I'll pass.

in-sane...

And Storj Clones have started

Yeppers!

ICO? *clicks back button on browser*

good coin.waiting to mine it.

keep concerning..

the cloud is over rated...hotmail has been delivering cloud email for over a decade  :-\

Sure there is. You get to learn about some unnamed online hosted storage service that they ripped off this info from.

I really don't understand some of these new coins. How is adding cloud features to a coin going to make it more useful? You could add coin tipping features to any cloud-based application, with ANY existing coin.

Algorithm ? ???

an example of our direct link share feature
audio
https://xcloudcoin.org/login/public.php?service=files&t=69860fa151c827354bfcc056358a1ecb

picture
https://xcloudcoin.org/login/public.php?service=files&t=edee56930454d947f194e837d263ab08


more details will be release soon.

1. The blockchain on the computer will be larger than the cloud storage offered
2. It's a P2P program, the blockchain is the decentralized storage (cloud), or should be.
3. Why is this a currency?
4. Why do you have shiny graphics and the logo of an exchange but no specification?
5. Why are you trying to pass off owncloud (https://github.com/owncloud/apps) as being your own work and having anything to do with cryptographic currency or blockchain?

Looks nice

yay, this one looks really interesting.

Freaking love ICOs on bittrex. Monniezzz

Video Streaming, MP3 Storage/playback and picture management have never been introduced as a service from cryptocurrency before. The aim of the project is to be a one stop site for multiple uses this reduces the time and management of other services. There are more features yet to be announced.

watchg

1.) The blockchain will not be used for storage of files because it is simply not optimized to do this at the moment. The blockchain can be used as a conduit method for data storage.

2.) The blockchain is already decentralized, the p2p program will have to be layered with decentralization over time due to the network traffic and storage capacity.

3.) This is for the conducting of business transactions and further integration with the application. What will be released for the wallet and the timeline related to the wallet has yet to be released.

4.) What technical specification are you asking for?

5.) We are implementing a large array of features that aren't covered by any service within the crypto market. There is always a first time for the implementation of new technologies and therefore the change of those technologies is always necessary.

Translation on all major languages are now welcome, please send us a pm with your previews threads translated, translation will need to be maintain has more information is release. 

Hashhot Pool http://cld.hashhot.com   Please add it to OP

We have added major updates to the OP. Release should be coming soon.

Great concept, can't wait to try the beta.

What's this  ???

https://xcloudcoin.org/login/index.php/apps/files_embeddedvideo/php/stream.php?vidId=a0fe1

The plans will be XCloudcoin only. The fund is being spent on alternative development for the service. Total transparency throughout will be essential. A rough timeline will be released later. Thank you for asking these questions. This is a good idea we can definitely host the blockchain on the service.

how to mine this coin?

500BTC??? 
Oh,my god,are you crazy?

too good to be true

We believe in the service. This is necessary for growth and extension of the services.

I'm in.

What's mean ICO?it's IPO?

Initial Coin Offering same as IPO.

ARCH = 137 BTC
VENT = 150 BTC
XCLOUD= 500 BTC

Coming soon : PLACEBO ICO = 1000 BTC = NO INNOVATIONS!!! LOOKING AT ALL OPTIONS - IBIZA, DOM REP., TURKEY, AUSTRALIA. OPEN FOR ALL SUGGESTION!!!!

Ok, really if you want to join a IPO coin then you can better take Ethancoin. 15BTC for 20% of all coins, that is 7 times cheaper then this one. and that includes all mining coins too.

Check :

https://bitcointalk.org/index.php?topic=690841.0

And compare....

Pretty sad news to see all those ICO on Bittrex, they are destroying their repitation

none lol it was a fun profit  :D

Those coins you listed has no features at all?

XCloudcoin Current Features
Cloud Storage beta 10gb
Cloud Storage Encryption
Cloud Safe File Password
Group, Public File Sharing
Email link downloads
Password Protected downloads
Public downloads with time expiration
Video & Audio Public File Streaming
Video & Music Library
Calendar, Contacts, Groups
Cloud Fix Browser For Cryptrader

On Current Development
Wallet & Cloud
Anonymous mixer
Decentralized P2P trade
Cloud Mining
Online wallet
Anonymous email
XCloudVoip

Do you really believe in this one? A lot is written on paper and we both know if a coin looks a little too good to be true, that something is not right...

On Current Development
Wallet & Cloud
Anonymous mixer
Decentralized P2P trade
Cloud Mining
Online wallet
Anonymous email
XCloudVoip


Can you wait with launching your coin till the moment 'Current Development' is changed in 'READY TO USE' as a lot of coins has so-called 'Current Development' but in fact it means 'GIVE ME ALL YOUR BTCs AND I WILL LEAVE MY COIN'.

So if you're real, and really want to develop all those things then wait till it is finished, give a demo, and then launch it ;)

It look real so far tbh.

I would say, give EVERYBODY beta access.. if indeed everything is in the project plan then 500 BTC is cheap and this coin can be a lot higher then 500 BTC.

From the front page "Our beta Testing will begin at the start of the Ico"

You are seriously looking to rise 300.000 USD? Did i get this right?

Are people really willing to throw that much money at somone totally unknown at the internet with nice promises?

Why is this ICO on Bittrex, not on Poloniex, where the dev would have to verify his identity?

Verifying the identity should be an absolut minimum standard when you are looking to collect that much money and I really dont understand why people do not demand this more often.

So, erm..

Is this actually mineable? If not then I say it's a scam.

For those who want to explore our feature we have a test account setup

User: test pass: testing

Crypto journalist are welcome to a beta invite so they could review our features just pm us with your info or an email to admin@xcloudcoin.org

I want to known why the devs don't hold any XCloudcoin.

Reserve me the bounty for the Italian Translation please!!
I can't understand how does it work the bounties for the translation...  ???

Because after they have your BTC, they are gone

When will it be up on Bittrex for IPO?

@Dev
I'm done the Italian Translation!! 8)
Here: https://bitcointalk.org/index.php?topic=707383.new#new

Strongly agree and have mentioned it in other recent Bittrex ICOs threads too.

If on the level, the devs stand to earn more money by using Polo rules.  I also don't quite get why Bittrex is running several ICOs so close to one another, or at the same time. Space them out a bit... each time people get burned (DCM, Iceberg), it just leaves behind a collection of wounded investors. They need time to heal.

Polo Rules?

Does that mean " give it a whack and gallop away on your horse'?

Yes, pretty sure those are polo rules.

But I meant Poloniex, sorry, just lazy typing.

So true...

Hilarious to read all this stuff..
And even more hilarious to see how many people try (and often succeed) to rip off all those dumbasses who think they're going to get rich quickly...

Seriously, is this ever going to stop?

Ah well..

Stop?  When it is no longer profitable.

Remember when the classified ads in magazines had the "stuff envelopes at home, send $19.95 for complete kit and start making money today"ads?

The poor smuck that sent in their 19.95 got a list of mailorder business that could be contacted to get work.  None used outside stuffers, as most were automated or had in-house temp workers. 

But that did not stop it from being a profit generator for over 50 years. 

BTW, for 1BTC I will sent you a SOLAR CLOTHES DRYER.  Never pay for electricity and gas again to dry your laundry. (you will get a clothesline and clothes pins)

We will be sending poloniex all requirements to host part of our ico so we could keep everyone happy.

Better than nothing, but depending on ratio, it may not be ideal.

If half the ICO is on Bittrex, people will still say you can walk away with half the funds. It'd be better to simply say how much you want for your time, have Poloniex host it entirely, you get that specified amount upfront for your time/work, the remainder remains on the exchange. So long as whatever you want for yourself is reasonable, people would be fine with it I expect. It's just when devs are handed 100 BTC+ for basically doing nothing, that people worry.

bittrex is now asking for requirements so ill be taking care of that, and i'm also going public before the ICO begins.

Requirements send to bittrex and poloniex.

Hi!
Reserve me the bounty for the Italian Spanish please!!

hi, i could give you the Spanish translation, Italian is already done.

Portuguese translation done please add to the OP> https://bitcointalk.org/index.php?topic=708792.0

Thanks

coins which cannot be mined are crap coins

This is going to be the best presale ever, hosting on two exchange,  Beta version is available and the founder identity is public.

Dont forget we have a test account open for anyone that wants to try out and look at our service

https://xcloudcoin.org/login

Test account

User: test pass: testing

So, it's based on owncloud...right?

Yes.

I take it that Bittrex has revised its ICO rules? If so, do you know if they have listed them anywhere?

Their last two ICOs haven't even gotten off the ground, so hopefully they realized they needed to change something. Ideally they also realized they shouldn't run ICOs back to back, or simultaneously.

Could be promising..

Well, what dev have done? Right now, it seems that they just setup a server...

it is looking interesting.

U can try to ask bter for escrow.

 its promising and then we will have DAC cloud storage.

 just have some question :

 1.  whats the meaing of these terms and the tech you will implement them as blows :
   Cloud Mining - mining what ?  or provide cloud mining service for other coin ?
   XCloudVoip   - Voip , as it like skype ?
 
 2. in order to be a great cloud storage, you should provide a great brand and server, can you sure it ?



 i want to know these things before i invest . I like this coin and want to be a Chinese translator and spread this coin into China.

 thanks.

What I want to konw is that wether they did something based on owncloud. Secondary development based on owncloud will also makes this coin success. But why dev didn't tell us? I think let people know what they really have done is important. Because from what I find on their websit, most of things are on development.

The xcloudcoin demo is based on owncloud (https://owncloud.org/) with some owncloud modules integrated.
http://demo.owncloud.org/ (http://OwnCloud Demo)

I have to ask why owncloud is not mentioned, not at all.
If this coin is based on owncloud then I would like to know the below :
1.That is based on owncloud from the dev.
2.The wallet will be released after the IPO? (cause if it is based on owncloud and the cloud services are promoted for the ICO of the coin, then this is not good at all).

If I have to invest in xcloudcoin, a service that it is based on an existing cloud service (which is owncloud) I would like to see before the ICO the integration of xcloudcoin with owncloud.

XCloudcoin will be the only payment the service takes, so we have to have investment within XCloudcoin because it is the only method of accepted payment. There is an online and android wallet being setup for the system and there will be a wallet released for XCloudcoin. The integration for the online and android wallet is for the payment system and we are going to tie user accounts to the wallets.

With regard to the use of owncloud, we have revised the code to have a large amount of additional features and we are currently working on the core to make sure the software is extremely optimized along with the GUI for a better user experience. We are also re-building large parts of the core for optimal advancement.

With the cloudstorage, encryption, group share,  playback of video files, and two factor identification, this will be a real goldmine for the kiddyporn crowd.

We have strong terms and conditions as well as a team of moderators and administrators to make sure that no illicit or copyrighted material will be on the service the site at any time. There will also be a flagging system for users posting and using the service for illicit content. We have a very strong stance against this and especially the topic that you bring up we personally find it disgusting that this would even be mentioned.

answer us, please

The ICO will start on Monday but we are waiting for official confirmation from Bittrex.

So then you will be able to unencrypt files stored on your service?  The encryption keys are known then to anyone logged on as root or user?

it seems good,but do you realy can done this project?it is too hared

Due to the nature of encryption we cannot decode what you encrypt but as a service we have the responsibility to make sure that you are not uploading these sorts of illicit material. If you can guess how we can catch you doing this then you will get a bounty.

http://i62.tinypic.com/16kqqzc.png

Thank you for everyone who is contacting us about bounties!

Thanks xcloudcoin for the prompt reply

I see the integration of wallet into the owncloud and this is unique.This is what I want to know for this project which it seems an amazing project.

As for the content I understand that the cloud is a centralized service and I would like to ask if there is an option for making it decentralized by storing the data in the block chain (see http://bitcloudproject.org/ (http://bitcloud) for example).
As for the content recognition you are mentioning I assume you are using a content ID. Is this content ID will identifying also copyrighted material like mp3, e-books, movies etc ? Cause if not then the cloud service will face legal issues from the persons - companies that they hold this materials and this may create additional problems for the cloud service or even will drive the service to the court cause it maybe stands for piracy and illegal distribution of content.In my opinion you should take care of the law about the distribution of copyrighted material.
On the other hand if the cloud service is totally decentralized (as bitcloud stands for) then there is nothing you can do for copyrighted material.

As for the wallet, I've seen that is integrated into the cloud.
I would like to ask, is this integrated via web API ?
Is there an independent wallet application that it will be distributed as well?
The wallet security will be based on the cloud's user credentials only ?
Is there a transaction fee ?
And finally is there an option for selling materials via the cloud ? (i.e. let's say I am a musician, as long as the service can stream mp3 it might be a great usage of the cloud if I can sell directly my music directly via the cloud - and of the materials can stay only in the cloud, as encrypted materials then I am protected as well).

Sorry for all those questions.This project seems very interesting and very promising but unfortunately the OP doesn't covers all of my queries on this.

Thanks

 FAQ should be in OP .

I think the presale should be split into 2 stages.

what would be the ico price 0.0001 ??

Let me guess you invested in a iceberg that has no working features instead of saving your BTC for Xcloudcoin ICO. Xcloudcoin already have beta available before the start of the ICO and the Xcloudcoin met both the requirements of Poloniex (
https://poloniex.com/icdrequirements) and Bittrex.

This seems like a serious long term project.

Instead of writing a long post, you should have taken few minutes to read the front page dumbass. There's no mining on Xcloundcoin network

500BTC? Have you seen Syscoin and Storj Presale. Both coins have services that requires payment with their own coins not Btc, that's how the price of Xcloundcoin will continue to grow due to the sale of cloud storage plans etc. This is not a shittiecoin like your icerbergcoin but a business oriented. Continue holding your btc in your wallet and maybe you can get PoS interest while others are flipping alt-coins for profit. 

another IPO coin .
Guess the raised BTC will more than 500BTC

 no , the max cap is 500 BTC  ;D

Apparently the dev is not greedy. This can go over 500 BTC if it was not capped. Now it will be profitable for investors and best thing is that no multi-pool will ever dump this coin after launch.

Great post Vrontis,
at this point we are still researching that possibility to have a decentralized drive has a extra feature on the cloud or wallet.

for copyright and content id we are integrating a flag o report module that is required so content could be flag or reported and taken down if is in any violation.

great example on the mp3 possibilities, like right now your able to keep what you want private or share it, everything could be password protected or have a time expiration set to it while sharing it.
 
a payment system is currently under research xcloudpay, users would be able to send and receive payments and even setup and escrow if need it, more details will be release at do time, we do have a list that everything we have under current research on our website.

the online wallet is being tested in 2 ways with a secure web api fully working and a direct module in the cloud on current development.

we would really appreciate your feedback send me an inbox so you could get an invite for beta testing.

great idea, on the works!

What time in the bittrex.com sale ah, how much is the pre-sale price

ICO, Presale on Bittrex....haha :D...same icebergcoin's script :o

I liked the service features on the test account, very nice to have a product backing up a coin.

so Pos only 100% premine ?

correct




thanks for taking your time to explore our test account, dont forget to follow us on twitter, we are going to be giving out early beta testing to those that do.

https://twitter.com/xcloudcoin

POS  cloud? ???

We are proud to announce that bittrex.com have agreed to host XCloudcoin ICO after we met their requirements. The presale will start on Monday.

keep eye on this  ;D

Xcloudcoin Presale start on Mon Jul 28 2014 1:00::00 AM (GMT -11:00)

https://twitter.com/xcloudcoin/status/493272488692809728

So on Bittrex the 28th at 11:00 AM (GMT)
and 0.0001 BTC/Xcloudcoin ?
is that right ?

If they want money they shall launch an IPO under bitcoin fund like havelock, instead of creating a new coin.

I only see a cloud promotion. Where are the Coin information.
It is alleged the p2p and Anon already fully integrated but where are the technical details and prove.
This is very suspicious. The cloud function is not special. Reminds me of ownCloud.
But where are the real facts about the Coin.
500 btc IPO only Coin with many promises but without evidence.

Scam Alert!

On Current Development

Wallet & Cloud----- Done
Anonymous mixer
Decentralized P2P trade
Cloud Mining
Online wallet----- Done
Anonymous email
XCloudVoip

ick. be careful everyone.

remember what happened with icebergcoin.

bittrex escrow work like this: as long as the network is running after a few days they pay the dev.

then he can leave and start a new coin. icb went from 8000 sat on ico to 500 now.

ICO ???  remember ICB :(

Ok so has the coin now nothing more than a cloud client and a wallet.
Everything else is promises.  The price will drop rapidly when these promises are not met quickly.

This is a high risk for all investors or Scam.

It will get listed at bittrex just be patient! people get burned.

My advice for everycoin that gets listed at bittrex wait minimum one month before you go trading it!

yes. just like icb scam.

could even be the same dev.

be very careful everyone.

we have nothing to do with icb, we are under current development and we have a product to show for.
your free to use the test account to try our service, tomorrow we will be giving beta access to everyone.

dude. no offsense but you registered today.

im not sure if you are aware but many scams are being pulled on this forum.

people have lost a lot of money with new accounts that put ico on bittrex.

we have to be very very careful.

the price usually drops after the coin launches. these are facts.

yea im aware of it, bittrex is aware of whats going on so a set of requirements where needed in order to host the ico, we have met their requirements, i also stated before i was going public on before the ico.

2 twitter profiles to follow
https://twitter.com/xcloudcoin
https://twitter.com/Rdanetti

Next trex scam coin? IM IN

Me too..

Seems like another inside job to scam the community of 500btc....Hope I am wrong for the sake of people's money.

Enough waring signs here for people to start being careful

agreed

+1 for a boycott

is great to see the community come together, let us know if you want an invite to our service we are more then happy to give you one.

Ok lets hear about your services that we could witness if invited?

in the op we have the information for our test account everyone is free to use it

send us an inbox with your email so we could send you an invite right away.

our website is https://xcloudcoin.org/ in case you did get to see it in the op.

Yes I have seen it, its just fancy words, which have sucked people in previous scams like STACK.

So nothing new here apart from the change in numbers.

At least have your personal details up and dont be annonymous especially when trying to raise 500btc.

like i stated before your welcome to try the service at any time, we are not selling words here, we have a product on development everyone will be able to use.

tomorrow everyone would be able to get an invite for our service.

2 twitter profiles to follow
https://twitter.com/xcloudcoin
https://twitter.com/Rdanetti

great post friend.

and once you lose money they will blame you!  ;D

Aaahh! So for 500 btc users get a fancy wallet and services which are avialable in the makret anyway. Desigining a fancy wallet and a site is not difficult! Why should people invest 500btc with some one who has their identity hidden and is linked with a exchange that has recently been involved in other hustles..

What personal information have you provided to bittrex or what due dillegence have they done to make sure you guys are legit and protect their users. If none then its clearly nothing but a inside job and negligence.

Please share some evidence instead of links to your fancy worded site with the community before asking to raise 500btc.

If you prove legitmacy then what the hell even i'll invest. Otherwise close this thread and pat yourself on the back for doing the right thing.

Show me something innovative devs.

Ok, let's see your service first.You should understand we are scared with scam IPOs such as ICB .

I know how you feel, we have provide bittrex with linked profile, bct profile, government issues ids, everything with a formal letter requesting host for the ico, why are we not doing the ico on poloniex they havent answer back our request. both exchanges where provided with the same documents.

Funny how so many people are wary of this release, yet they all keep posting here. Perhaps to keep investors at a minimum so as to grab all the coins they can? Works for me.

you could test it now if you like either using the test account or send us an inbox, i would be more then happy to give an invite.

Lol another 100% IPO coin from a dev with a brand new account.  Dev valuing his coin at over 100K sats per share!  A coin that's not even out yet but has a value of $300K!  Lol I feel bad for the suckers already who are planning on buying in.

^ Haha really what is that?

Ok if bittrex has all your documents can they come here and verify that so incase you bounce with 500btc the crypto community should atleast know who to blame because they'll never blame themselves for throwing away their money at anonymous IPOs

such an important message! it is worth repeating!  ;D

People only have themselves to blame for throwing money down the drain.  People don't learn.  Everyday a new IPO where people blindly throw money to an anonymous person with an idea and nothing to back it up but a few pictures.  It's insane!  Most of them time they blame a) the exchange b)the dev and rarely...c) themselves.  

If an IPO was done right the wallet and services would come out first so everyone knew what there was and what they were dealing with.  They could test usability of the wallet and get a good firm feel of what the future of the coin was really like.  10K sats upfront per coin in an IPO is absurd.

500BTC, that's 300000 USD hahahah

He is going to relax on the bahamas from that money

Looks like the community is doing its bit..but really people need to start doing it for themselves and DONT buy into something unless it proves some legitmacy.

This coin is totally fake, copy the idea from microsoft. where u rent the storage for videos, files etc....  store in block chain is not possible!

SCAM ALERT !!!!!!!

You don't get it, do you?

They're escrows. They just rent their platform to let people buy coins. Especially IPOs.

he would if he could get it.

but no one is buying this shit.

go away scammer.  ;D

So you are saying its ok to give a scammer an escrow service without any duedillegence or prove of legitmacy.. A lot of bad has happened this week to belive them.

You stated earlier that you were also applying as a poloniex ICO... is that still planned at all?

Did Bittrex improve their ICO requirements, and if so, are the rules posted anywhere?

Unless they have instituted more stringent requirements, I expect the coin to get the typical scam comments, as there simply were too many people burned from past Bittrex ICOs. Ideally you would have just done this on Poloniex.

If you could simply state that the exchange is holding all funds until you need them, no giant lump sum payments, and strict bookkeeping, I expect it'd quiet a lot of doubters.

maybe the next icb,lol

The point is that exchange has lost its credibilty and cant be trusted either with user funds.. I wont be surprised if they disappear soon.

Just been around here long enough to see bad things happen.

I don't think it's that bad yet. But they certainly seemed to have ruined their ICO model, with very lenient rules and bizarrely running so many, so close together. I think this is what, around 4 ICOs on Bittrex in like 3 weeks now? Iceberg - Architect - Venture and now this one?

I assumed the dev was also going to do a Poloniex ICO too, as earlier he stated he was applying for it. It seemed to make more sense to me than exclusively holding it on Bittrex, especially if he plans on selling the ICO out.

We are still waiting for poloniex to replay back from the email send with requirements set by them, bittrex should be updating their requirements soon and making them public.

then again everyone is free to use our test account to view our features or send us an inbox and we would be more then happy to send them an invite.

Okay, thanks. If Bittrex uses somewhat strict requirements, it should help a little. But as I'm sure you have noted, there is some level of distrust with Bittrex lately.

How long will the ICO run for (if the ICO doesn't sell out), and what is the base price per coin?

And after I stopped being lazy and checked the ann page, I see that info. 4 week ICO? You sure about that? Seems a bit on the long side.

I agree its perfect coin to loose your money in

yea i noticed, what i could tell you is that we used the same documents from the poloniex requirements and a few others for the bittrex requirements.

Subbed.

https://pbs.twimg.com/media/Btkj9Y-CMAApuaA.png

Spanish translation is still open.

Every single coin claiming VOIP integration + anonymity has thus far turned out to be scams. Off the top of my head, we've had Kakacoin (https://bitcointalk.org/index.php?topic=437085.0), Korecoin (https://bitcointalk.org/index.php?topic=668886.0), Smoke (https://bitcointalk.org/index.php?topic=658564.0), Veilcoin (https://bitcointalk.org/index.php?topic=660863.0), etc.

Nevermind issues with blockchain size, bandwidth requirements or TOR network limitations, the thing is, how the heck can you remain anonymous when there are two known, identifiable points, i.e., the caller and the receiver?

Someone capable of resolving these issues would gain instant fame within the crypto community. He would be a star of the cryptocurrency world. It would make sense for that person to not hide behind a new alt account. Right? Unless this is also a scam?

^^^^
  $300,000.000 USD.

ha ha ha ha ha ha ha.  ;D

isnt storj doing this?

I will do spanish translation  ;)

Nevermind issues with blockchain size, bandwidth requirements or TOR network limitations, the thing is, how the heck can you remain anonymous when there are two known, identifiable points, i.e., the caller and the receiver?

It is done by using an encrypted packet communication between the caller and a central server, which then sends another encrypted packet to the intended receiver.  A snoop would only be able to discern the sender and the server, but could not reliably connect the sender to the intended receiver if there was sufficient other traffic from that server.  Military grade uses fake messages and dead end addresses to lose messages in the fog.  It is also very very slow.

Would it be safe to conclude then that you are the dev for this coin?

If so, are you saying that xcloudcoin wallet would in fact be dependent on a central server, and it is not a decentralized currency after all, similar to, say, POScoin (https://bitcointalk.org/index.php?topic=680769.msg7758391#msg7758391)?

oh nice to see others get in the conversation, hes not the dev for this coin!
at this moment we are still working out details for the anon mixer, and testing a few scenarios, a white paper will be release once we begin beta testing the mixer.

going back to your original post, we are not here to get fame, we want to do our best to deliver something good, and right now we have something to show for.

like i stated before everyone is free to use our test account or send us an inbox and i would be more then happy to give then an invite.

our two main twitter profiles

https://twitter.com/xcloudcoin
https://twitter.com/Rdanetti

interesting we will see how it goes

With no PoW or mining, this is not even a crypto currency.
It is a greedy dev money grab, and I would bet we won't
see any of the pictured features. Man this crap has to stop.
Coins are to be mined, that is why it is called MINING!
They are not all to be minted and sold so the cartoon dev
can retire on an island.

Hi dev,

Please add me to your bounty.I have completed Spanish translation.


https://bitcointalk.org/index.php?topic=713804 (https://bitcointalk.org/index.php?topic=713804)


Thanks

Looks very confusing


Everything is based on 8 digits, so it should be


First it was looking that they are selling at 1030sats and then i thought, dammit, i will certainly buy a few, but then i notice, it is not 1030 sats but 10300 and this will be another story.

If don't sell the whole coins, what about the rest ones?

I am not the dev for any coin.  I answered your question becuz I have "familiarity" with the process.  Dont ask how, If I told you I would have to kill you.

i can translate to Vietnamese  ;D

Well I can't even find the iCO so, guess I won't be participating either.

And why is it that everytime I try to post it says, I've posted within 360 seconds ago when I haven't and then won't let me post. Takes an hour to get a single post up here. Bullshit

lol

Anything related to Bittrex should be approached very carefully - look at their participation in few recent coin launches. Today they allowed dumping of 15 million coins on USB coin - nad after POW phase it was supposed to have only 3 mil coins...

++1

shit dev + Bettrex = shit coins  >:(

Welcome to https://bittrex.com/Market/Index?MarketName=BTC-MIN

Welcome to another day in cryptoworld.

Ico is now live https://www.bittrex.com/Market/Index?MarketName=BTC-CLD

Beta access is now available for everyone, just pm us your email, or email us directly to admin@xcloudcoin.org or your the sign up form on our website https://xcloudcoin.org/

is RT time  ;D https://twitter.com/Rdanetti/status/493846097719492609

Wow, 499 BTC. Congratulations to the developer! That is almost $300,000 USD!

I have something to ask the dev,If possible then please answer >>>

1.I can see website where we can sign in and upload,stream ,etc.My question is do these services has integration or a platform with xcloud coin's wallet?  

2.What we will be able to do with cld coin ? Do we have to use or pay cldcoin for xcloud services?

Thank you.

Our service is up and working, like i stated before if you want an invitation just pm your email ill be more then happy to send you one or to anything so they could try out our service today!

Of course the main usage to CLD would be our xcloud server, along with our current and future features we are working on.

Hey, how can I check it? Is it possible?

For those that havent use our test account https://xcloudcoin.org/login

user test pass testing

is very simple


if anyone wants their own user account just send us a pm with your email or use the contact form on our main website we would send you an invite for our service and everyone could begin using it today!

https://xcloudcoin.org/

Thank you for the answer,what I can see is the features are not complete yet but may be  in the future we will going to have these features.On first page it is written that :

All funds from the ICO will be used for development in all areas and business expansion along with further implementations of decentralized features. At the end of the ICO the spending report will be released to the public.


Now what will we do with cld coin at this moment? just trade them ?

At this moment you have to wait in till the ICO ends to pos your coins and gain that 1% reward for Poor of stake, we will be searching for merchants so adoption would get a lot stronger.

COIN PUMP INCOMING.

DIS GON B GUD.

ANYONE KNOW A GOOD ENTRY POINT FOR THIS? IM READY FOR XCLOUD  8) 8) 8) 8)

More than once there was a mention of Bittrex having newer requirements, yet I have not seen any mention of these requirements listed. What are they and are they listed anywhere?

I'll also assume that Poloniex turned down the coin for an ICO on their exchange?

It's an ICO, crazy person. Just buy at the same price as everyone else if you want it.

What? No way in hell am I going to try to break through that 500BTC wall, noob.

It's an ICO.  All the coins are for sale at the same price, noob.

Im not sure how they are going about listing their requirements, but if you look at the op we have updated our public profile.

Okay, thanks. So unless they list requirements somewhere, I guess it's safe to assume it's ICO like usual at Bittrex?

I'm less concerned about identity (especially since it doesn't require any proof in a forum), but moreso that the exchange holds the funds until they are used, and no giant lumpsum payouts. 500BTC all at once  to a dev is rather... dangerous... for investors.

FTFY M8

Im sure we could come up with a solution in order to make investors feel safe, our main goal here is keep on growing, and offer our investors something more then words.

we are already sending out invites, pm with your email or use the contact form on our main website.

When will the whitepaper be out? I hope not some future date long after the IPO period is done.
You are making some bold claims here, so I think it is only fair that you back those claims up.
As linked in my original post, many other devs have made similarly bold claims, and they have long disappeared with their loot.
Anyway, I don't really see the point in testing your web software now, as there is really nothing new there.
The key is your wallet, the VOIP and and anon integration.


Your spirited defense gave the impression that you have an interest in xcloudcoin.
Unfortunately, your 'familiarity' does not answer the question at all.

ICO price WAYYY TOO HIGH! You are going to end up destroy 90% of all coins! 

Jap. If they dump the remaining coins after ico it will be cheaper than voot last night  ;)

This is LITTERALLY a 97% premine. THE DEVELOPER IS LITTERALLY SELLING 97% of the coins at his choice in price. FUCKING SERIOUSLY!!!!!!!!!!!!!!!!!!!!!!!!!!!!! I have never witnessed such a thing in my life.

It's how all IPO's go these days!  The dev literally sets what he wants for each coin and then gets BTC up front before a wallet even comes out!  It's insanity man.  Why do people buy in?  Your guess is as good as mine.  They hate money, that's all I can figure.

I'll assume you haven't kept track of all the other ICOs run in the past?

I'm pretty surprised that volume is so high!!! ICO price is 90% to high, at 1030 sats i would certainly put 1 BTC against it, but 10300, mmm, which coin is worth $300K, people are also afraid because of Iceberg scam, DarkCash scam, USB scam... I even don't think that there are still 500 BTCs available in investors hands.

I could understand if the ICO was cheap, but 10,000 sats + each????????? Literally the d=eveloper is getting 500 BTC right up front if people buy this. Insanity.

It's because IPOs can make money for investors too. Look at NXT with their insane rate of return.

Even for all the failed ICOs on Bittrex, most made money for investors if they sold early. XBC on polo was like a 40x return on investment at one point. Via, another recent one (non-exchange ICO), has gone up to 6x investment.

Of course pump/dumps aren't healthy for crypto, and plenty of people have been burned on ICOs too. But that's why they are popular. But to work even short term, they probably need to sell out, and that is becoming less likely the more ICOs that Bittrex runs.

NXT was the innovator, there will never be another NXT without a great dev team and real plans for a coin.  Very few early investors make money off of the other ICO's. A few did on ICB, but for the most part early investors don't make money at all.  It's a gigantic risk to invest 10K satoshis on a coin where you can't see the wallet and the feature are just pictures in a thread.  If the wallet and the system was out and you could test it all out, it would be a different story.  That's how ICO's SHOULD be in my opinion.  Product first THEN you invest.  Not the other way around.

The original IPO for NXT was 2 sats per NXT!!!!!!!!!!!! This developer is asking for 10,000 sats + per coin. You are comparing apples and oranges. This developer is going to be rich on day 1.

Not sure how many have made profit for people or not. I've put in various, usually small amounts, into about 4-5 ICOs. All made at least some money.

XBC made IPO people tons of money. Via people have made tons of money (very recent ICO). Crypti probably will make people money. Even maligned IPOs, like Maidsafe, is currently over IPO prices (albeit not sure if the volume is there for most to sell off though).

Don't take this meaning I think this particular ICO is a good bet. Probably the opposite, unless Bittrex changes their rules, as there have been too many people killed on Iceberg + DCM. There is a lot of negativity towards Bittrex right now, so I think any coins trying an run an ICO there will have some difficulties.

The Total supply is 5,000,000 and there's no additional coins through mining to further dilute the value of the coin. It seems you suck at calculation  or you just plain dumb right from the womb.

How many Nxtcoin are in circulation?? I bet you wouldn't have invested in Nxt either!

You mean "Calculation?"  ::) :D :D :D ;D

Thanks for the info but your price comparing with dropbox is double and dropbox is giving unlimited storage for 5 people for $15 /month.If possible then reduce the price.

XCloudcoin Service  : Premium Service 500 GB Storage All Features (Entry to Tor/hyperboria XCloud beta)------ 500 CLD/month  = 0.00010300 x 500 = 0.0515 x 600 =  $30.9 /month

dropbox  :   $15 / user / monthMinimum 5 users  ,  Storage  :As much as needed


https://www.dropbox.com/business/pricing (https://www.dropbox.com/business/pricing)

The price is quite high right now due to economies of scale, as we expand and get a larger server farm the costs will decrease and the features will increase.

http://en.wikipedia.org/wiki/Economies_of_scale (http://en.wikipedia.org/wiki/Economies_of_scale)

Fail....next

You might be the most silly dev in the world. If your coin is worth a shit then you should really be looking to pull it from ScamTrix and submit it to Polo for their verification and approval, then list it there. ScamTrix right now has a reputation somewhere between a pile of dog shit and a pedophile.

Do you not read the scam threads? No one in their right minds is going to give you 0.00000001 sats for your coin if ScamTrix is pushing it. They are still butthurt from the last 5 scam coins that underwent ScamTrix's 'critical review'.

Just pull it down and wait 3 or 4 months guy, seriously.

We chose Bittrex because it's the most favourable exchange with the highest trading volume. Please try and use our software and you will realise that it's good, usable and advanced. Please pm us so we can give you an invite to the service so you can personally test it and try it out.

That's what I find odd. Up until recently, we were given the impression that the coin was submitted to Bittrex and Polo, for perhaps a simultaneous ICO. Then the word was Bittrex changed their ICO rules, with the assumption that they were more stringent -- yet no updated rules were ever announced or posted.

So everyone will figure the ICO is the same as every other Bittrex ICO. If the dev is on the level and has a good coin, wouldn't there be much more to gain by waiting for Poloniex? If not, you also have Bter (they just pulled off a 750 btc ICO for Crypti), or worst case, just do it through regular escrow. Choosing Bittrex now for any ICO is probably the worst choice, as you'll get lumped in with a ton of bad coins just by association.

I guess a more straight to the point question would be, why wouldn't I just use any of the existing free cloud services out their, and skip your project and the need to invest in it all together? What is going to make you better than the rest? What is the burning need for this?

And the issue brought up earlier with the porn/copyrights/etc.. are going to be very major hurdles for you to cross. Better have come before you and been raided for less, how do you see yourself overcoming these obstacles?

unfortunately we have didn't receive a reply from poloniex otherwise we would have done a joint ICO, we chose bittrex because it is the most popular exchange at the moment. we have put alot of work into the software and everyone can get a beta invite to try it out and test before gaining any coins so the community will understand that the software is real, working and fullly functional.

Yeah, just a another one the last day or so. ScamTrix is poison right now. No way I would list my project there.

And dev I did look at your beta, but I don't see what is here for 500 BTC that I can not already do for free elsewhere. No FUD, just truth. Perhaps you can explain what I am missing for $300,000 USD?

I think it less an issue if the software is real, or even if it's a good coin. Perhaps you haven't kept track of Bittrex ICOs, but they have sort of gone like this:

XLC (dev never used ICO funds for coin, coin tanked)
DCM (dev team ran off with over 100 BTC, coin delisted)
Harmony (coin price tanked)
Iceberg (price tanked, no idea about devs, didn't keep track of that one)
Architect Coin (DOA, never was able to complete ICO, refund given)
Venture Coin (also appears DOA, current ICO)

Don't mistake volume for popularity, as a lot of people sort of despise Bittrex at the moment. It's just bad timing to try to run an ICO there right now, at least under their regular rules.

all the funds raised will be spent on expanding the business and developing new technology in relation to cloud technology and crypto technology. the funds will be used for development costs and the expansion of server farms so we can get more space available for our users and create additional features constantly for the service. the reason for the ico in the first place is so we can overcome the barrier to entry to this sort of services industry expansion and rapid growth is the main focus of it. currently we are also looking into cloud mining platforms this is just one of the examples of the services we want to bring which will both help cloud technology development and cryptocurrency development.

#300,000 USD and we are just supposed to hope you stick around? Do you have a public profile or do you wish to stay anonymous?

it's unfortunate that this happened to these coins but obviously some people will abuse systems like anything in life. this is the reason why we are providing software to the community which was funded by ourselves so everyone can try it and understand how many features we have already implemented. not all ICOS on bittrex forever can be bad, if they are always bad there is no opportunity for growth. also we are not trying to sound arrogant but the features that we have implemented are far beyond these coins at the current state anyway and we have proof of it which you can try right now. the aim is just to develop good technology and boost everyone involved.

Bittrex has personal information regarding us with the escrow agreement :)

Just like I am sure they had with all the scam coins they release :D :D :D :D :D :D

Does someone have a tl;dr comparison between this and Storj and MaidSafe?

I think this there new terms and conditions for ICO's because at the start there were problems with some ICO's as you probably know

This looks pretty cool... and they are offering more than most nowadays.

Check the first post and test the software.

thanks for your support, everyone please pm us if you want an invite and we will distribute it to you as quick as possible thanks.

or if you want to email us and ask for an invite please email: admin@xcloudcoin.org

Please don't set the pre-sale price. It's very risky! You should leave it decided by market!

Are you trying to cheat the developer out of 300,000 USD???

Okay, but again. Why don't I just use Mega for free and mine something else and completely eradicate any risk on my part at all? I understand that that way you won't get your $300,000 USD, so you might not like it, but I like keeping my BTCs safe in their offline storage until something with way more completed development comes along.

If you have a stunning ground breaking application, then I would say that you need to look into investment houses willing to take this huge risk on for a slice of your pie. Right now even with your beta you don't have anything even close to worth $300,000 USD and no matter what you say or do, ScamTrix will not stop you from running with the money. Your identity means nothing to me, especially if you are sitting in some country with no extradition treaty with the $300,000 USD.  ???

Then you add on top of this ScamTrix's filthy reputation and I just have to shake my head and hope no one is silly enough for this.

But hey, good luck. There is a sucker born every minute.

another storj..... what can i say? ???

Okay, then why would you not be sure there are new terms? You would have had to undergone the closer scrutiny yourself, no? Or is your listing not going to be under the new rules as if there are any?

I think you just let us know exactly what we needed to know. Thanks.

Just one more question if you feel like being honest about it?

This isn't going to happen, so you can forget about it, but how much does ScamTrix take of the $300,000.00 USD if it were entirely sold? Please be honest and answer that one for the community.

You really have nothing to lose. You aren't going to get more than a handful of BTCs on this and that will likely get refunded.

thanks for the advice we understand your concerns and we will prove you wrong. we have more functionality than megaupload already. they don't provide streaming support, calender information, even the compression and passwording of files along with all the other features that are readily available. i think you should take another look at the software and analyze the extent of its usability, but again thanks for the information.

And I can at least respect that answer and that you are on your thread active and answering hard questions. Again, no FUD here. For that kind of money there are going to be much harder questions than these, and at least you are trying. But as you see from my post above you have an overwhelming obstacle to overcome if you continue forward.

I won't hit your thread up anymore and you have answered the only question I needed to know as an investor above. I won't put anything into any ICO from ScamTrix again, even if they clean up their game.

You should reconsider your listing if you want any chance of making any investments. Seriously.

But again I am done with my questions and wish you luck.
 

thanks for the questions and your advice :)

What is the min. amount of ICO you guys need to take in to consider the ICO valid? I can't see you getting 500 BTC, but at what point will you say it's enough and the project can continue?

Architect coin required an 80% buy-in (I think they got a couple of BTC and didn't come close), so they just had Bittrex buyback the coins.

If the coin sells out, or sells poorly, it actually could be worthwhile for investors to consider this. The middle ground tends to be the dangerous area.

We are open to what the ICO brings, but a close figure in order to expand and compete with big cloud companies would be 200 btc, i wasn't going to go over details for some on our expenses, but acquiring 3  to 10 petabytes is not cheap.

to be clear in one point most of this coins that where selling their ico based on pure paper, we have something that works and is going to begin generating revenue pretty soon.

lets say we dont get to sell all of our coins the rest is getting destroyed bringing the value up and I'm sure investors would be happy, given the fact we have a working product.(not getting into details about stability fund and possible private investors acquiring a big portion of the coin)

then again everyone is free check us out, give their opinions and suggestions, everything is taken has a constructive part of development of this project to a better one, just like we are happy that the crypto community takes the time to read our thread and explore our beta.

The latter part is was what I was getting at regarding min. amount of coins that needed to be sold. Sometimes devs decide to cancel the ICO. Or probably worse, like take whatever they can get and just abandon the project. But if just enough is sold, and the rest destroyed, it could end up being a profitable situation for investors. If it sells out, that means there is a lot of demand there, and typically that is where profits are made too. Middle ground is the iffy part... tends to go bad for a lot of investors.

So if at the end of this you are sitting at say, 10-30 BTC, you'll still go forward?

The biggest problem you will probably face is overcoming Bittrex ICO skepticism and association with all the failed ICOs. Even though you can argue your coin is different, it has a working system, and so on ... people may not be willing to look past the exchange. We'll find out though.

不给钱包就想骗钱
一骗还想骗500个BTC
送给你两个字----呵呵！

Correct, there is always a lot of iffy parts like in all crypto.

sitting at that level of course we could go forward but with a lot less features and not being able to compete with bigger cloud services, just yesterday i was talking about a build in downloader to the cloud where a client could download directly to their account and not worry about their internet speed, the same with torrenting.

there is always a lot of ideas worth researching and it always take time and money to get them right.

Yea there is a huge problem in the scene right now all the drama with bittrex now, but hey is a path we are willing to take why b/c we are willing to show people that we are real.

like i really appreciate you and everyone that has taken their time to ask questions and get our opinion of what is going on and what are we willing to do.

Is this the next wave of scam coins? Data storage scams?

Yesterday we had USB today cloud coin....

Why did you guys not start with floppy disk coin?

I don't know why, but this coin for me associates with ShareCoin story...

And again dev has a Newbie account.

Sorry for FUD, but after yesterday's USBcoin incident everyone, who wants to be in, should be aware.

scamcoin, you can say "I need  500btc , please"

we are determined to prove that we are good software developers the only way we can prove is for the community to try out the software and see all the advantages it has over the mainstream services right now, you can ask us for a free invite by pming us or emailing admin@xcloudcoin.org it would be very nice if the community can review the software we welcome all critiques!

Don't tell me you opened a new account just to warn people about scamcoin ???

pm us or email us so we can send you a beta invite.

Your post remind of someone that invested in a coin has a picture of Cryptocard Token on their page as USB Dongle key

To all potential investors, look at the features already implemented in xcloudcoin and under development before investing. Less investors, more profit for people that already bought some.

it is important to note that all remaining coins on bittrex after the ICO is finished will be destroyed.

another IPO shit ;D

What if you end up with only 10 BTC?

They'll go away with 10btc :)

But they want with 500btc  ;)

All invites have been send out, thank you to everyone taking an interest on your service, enjoy it!


if you haven't ask for an invite, send us a pm with your email and we'll be more then happy to send you one.

is great to see you have the talent to make 100 website, our online wallet is there on our service clic on wallet. the client wallet will be release when the ico ends.

i;ll have to give the software a burl and see how it goes..

looks interesting. but scarily lacking :) the software test will hopefully fix all problems.

so I want test your cli wallet

The test account is available to everyone at any time.

simple steps

1. go to our login page https://xcloudcoin.org/login/
2. type for user test for password testing

if you want your own user just send us a pm we are more then happy to send you an invite.

the most important thing:

The coin doesn't even provid any function.

Right now what looks really shady is the fact that there are multiple sell orders on Bittrex when it is an ICO and buyer wallets are disabled.  Who is selling it at different prices and why?  They are listed the way morons list ridiculous prices (1BTC each) etc. to try and raise the price.  This should certainly not be happening for an ICO where the developer team are the only ones selling.

Online wallet transaction

https://i.imgur.com/1ICwWmM.png

There were 3 HUGE buys and one smaller buy all in a very short time span yesterday:

0.00010300   10000.00000000   1.03000000
0.00010300   20000.00000000   2.06000000
0.00010300   12200.00000000   1.25660000
0.00010300   1800.00000000   0.18540000

= 4.532 BTC

That huge order that went up just below IPO cost at .00010270 was:

0.00010270      85.47814767   0.00877860
0.00010270     1743.64575416   0.17907241
0.00010270   1.00000000           0.00010270
0.00010270   1.00000000           0.00010270
0.00010270   7.80000000           0.00080106
0.00010270   2.30000000           0.00023621
0.00010270   214.41071129   0.02201998
0.00010270   1.00000000           0.00010270

and

41943.36538688  4.3076   4.3076

=4.54 BTC

That's 81% of the total coins sold so far.  Why would anyone buy and then sell at a loss?  I hate making assumptions.......but the only incentive would be for the dev and friends to do this.  They get the money back anyways for the coins at the end of the IPO, so free coins, and by and putting it a lower price than the ICO, they pretty much double up on on the BTC in the end.....and it looks like there is more interest in the coin than there actually is.

Can anyone give a better explanation?  Like I said I hate making blind assumptions, but I really see no other reason for someone committing SO much money to this ICO and bailing at a loss less than 24 hours later......

Anyways, trade with caution.

There are always some sells below ICO prices for these sorts of things on Bittrex. They really should lock trading. Usually it's people who have a change of heart, and decide to take a minor loss on whatever they spent.

But that 4+ btc order is bizarre, I agree. I'm not sure the devs would be benefiting, however.

Devs could buy into their own ICO to sort of pretend there is interest in it, hence hopefully spurring on others to invest. In some cases, that is the only way for devs to get their own coin. But if they then put in a sell order below ICO prices, they are doing the opposite, as it shows there is little interest in the coin, and people are bailing. So I don't see how they would benefit by buying in, then selling below ICO prices, unless they figure people don't pay attention to order books at all.

Think about it.  If  the dev buys 1 BTC worth of coins, the coins go into his wallet and at the end of the ICO he gets that 1 BTC back.  So he gets the coins AND the 1 BTC in the end.  By selling the coins a little lower than the IPO, he gets the original 1 BTC back and whatever he sells the coins for as well and in this case it's very close to the ICO price, so in the end he gets his 1 BTC back AND the ~.98 BTC by selling the coins into his wallet, so free BTC.  This is why I hate ICO's on exchanges, the dev or dev team essentially could get their own coins for free if they felt so inclined.

And the coin is purchasing the coin from... itself. So the developer is making money and losing NOTHING by selling to themselves. haha so even if they get half of what they want for the ICO that is still 150,000 USD!!!!!!!!!

Some general questions for the dev ...

Played around with the site a little bit, and it looks decent enough. But I have some questions (and apologies if they are dumb questions).

Is this similar to storj, where the blockchain is used for cloud storage? It looks more like a traditional cloud storage site, centralized, which you plan to fund via crypto. And if that is the case, what purpose does the coin serve exactly?

True... just that if it is done too often, it kills the dev's own ICO, assuming people look at the order book at all. And that 4BTC order is bizarre, since it stands out so much. If a dev was going to go that route, it'd make more sense to do it slowly and smallscale, not large orders like that. That's what I meant, a large order like that is probably more a detriment than a benefit, at least looking at it from a bigger perspective.

I completely agree. I find it very odd that the only orders really about .1 are lumped together being sold at that same price.  Like I said before I hate making assumptions, but tread lightly.

Hi everyone,

Just as a reminder, we are providing an escrow for this coin development team.  While we are listing the ICO, we are not endorsing this coin or any others on our exchange.  Please use your own judgement before trading. 

The escrow terms are as follows:
At the end of the ICO, all of the unsold CLD coins get destroyed.
We will verify that coins transfer properly on the block chain using the public wallet source 
A public block explorer is available to verify that all coins are accounted for as stated in the ANN

If that all works, we provide the developers access to the ICO account and the BTC after a 3 day escrow period.  If any of the conditions fail, we use the ICO funds to buy back and destroy all of the coins.

Richie

There has been some mention of Bittrex using updated requirements in this thread. Is there any truth to that, and if so, what are those requirements? By a lack of mention just now by you, I will assume the ICO requirements are the same as always.

I will also take this opportunity to ask why isn't Bittrex using rules similar to Poloniex, which includes requiring the devs to prove their identity, and no giant lumpsum payouts with strict bookkeeping? The last several ICOs on Bittrex haven't even gotten off the ground for a reason.

I am certain this is why you do not see this coin on POLONIEX. Good on poloniex.

Huh....funny after how we start talking about the big buy orders below the ICO price they suddenly disappear.  Shady.

At the price per coin, this is going to be lucky to sell 10 BTC worth.  Even if this is turns out to be a good product asking for 300K up front is ridiculous. 

I'm still waiting for the devs to answer my questions earlier about how is the coin used exactly in relation to their cloud services. As of right now, it looks mostly just as a way to provide funding... not sure what the coin is used for.

The requirements are around delivery mainly.  Here is what is sent to any potential ICO participants:

1) We will code review before initially adding the wallet.
2) Then you will transfer the premine IPO coins to us. if there are premined coins that are not part of the ICO, this must be disclosed in your ANN
3) We run the ICO at whatever price you are looking for but we'd recommend a reasonable market cap.
4) After the ICO period ends, if there are remaining coins, we will destroy them and provide you an address to post
5) We will hold your BTC in escrow for 3 days.
a) Transfer coins to verify that the block chain functions properly.
b) You must have a block explorer available.
6) If that all works, we will give you access to the ICO account and the BTC. If any of the conditions fail, we will use the ICO funds to buy back and destroy all of the coins and you will forfeit the escrow fee.

Thanks,
Richie

Have you considered somewhat more stricter requirements?

Such as requiring a form of identification?
Or holding funds until they are used for what the dev claims they will be used for?
With strict bookkeeping. No giant lumpsum payouts.

You must realize that your more recent ICOs have gone rather horribly, and that people aren't as interested in them as they used to be. Better rules, and holding ICOs less frequently, should help. You may also want to be pickier as to the coins you accept for ICOs too, just choosing the cream of the crop.

The developer claimed one of the requirements was to verify his/her identity. You did not list this. Was this a lie?

When you guys get rich from this coin, I have something else for you.  There is this bank officer in Nigeria that has unclaimed funds and needs help to get it out of the country. 

This. Dev stated Bittrex got his identity.

With these requirements Icebergcoin "dev" was able to rob people by 100 BTC. So Bittrex seems to continiue the way they did and help pulling out thousands of BTC every month from altcoin markets. When Your volume is less than 100 BTC You might realize You doing it wrong.

Btw, dev here registered XCloudCoin.org anonymously. No real surprise, I know.

Besides Iceberg, don't forget DCM. Over 120 BTC stolen by the devs, and I believe the coin is even delisted now. And I can't speak for other coins, as I didn't keep track, but when I say stolen, I mean literally stolen -- they packed up their bags, locked and closed the coin threads, and simply vanished.

Well We just caught the developer in a huge lie. S C A M

The dev seems to be familiar with Bittrex's ICO process.
Has Bittrex hosted any previous ICO for the same dev?
Also, does your review process includes ID verification?

Keep in mind, Richie, the dev avoided any specifics when responding to my earlier questions, and simply referred to a future white paper.

In case you weren't aware, the dev's identity I believe is listed on the 1st page of this announcement, under his linkedin profile. He stated this earlier in the thread too. Although this doesn't mean the dev proved his identity with any documents to Bittrex -- I don't believe he stated that they asked for it, just that they knew who he was.

The dev seems to be familiar with Bittrex's ICO process

https://i.imgur.com/4Llwxbl.png

outbox of the ico request

We are now verified by coinssource.com

https://i.imgur.com/WnSf4It.png

https://twitter.com/CoinsSource/status/494315186753261569

Since Your identity is revealed already Ray carlo (sic) Danetti, I guess it won't be a problem for You to post a picture with Your face and Your ID.
People are a bit suspicious here lately.

i stated i was going public before the ico whent live and i did, something else is posting my id on this forum, ill provide my id and requirements to those that are working to make the community safe, just like Coinssource.com

I'm still not sure who You are. So are You Ray carlo (sic) Danetti?

And in case You want to run a 300.000$ business better improve Your English.

This means bittrex is the escrow provider?
https://www.bittrex.com/Market/Index?MarketName=BTC-CLD (https://www.bittrex.com/Market/Index?MarketName=BTC-CLD)

Correct


Great thanks.

Don't forget to pm us to get a free invite to our beta, if you would like to explore our service with out an invite
we have a test account setup, user test pass testing https://xcloudcoin.org/login


Thanks to everyone supporting the beta testing.

bid order is few. >:(

I'm repeating some questions I asked earlier and didn't get a reply to:

Im sorry i didnt get to answer.

is not similar to storj, we will be using the block chain for our small drive feature and seed tracker under 25mb, we are still under research on those two, correct at this point we have a centralized solution with features pointing at the crypto user and daily functions with privacy in hand, the purpose of the coin is to bring cloud and crypto together taking from both parts cloud features and decentralize wallet features, having the coin has a payment method would bring more people to the adoption of it, just b/c they have daily functions with privacy.

just a simple example, say you have a friend that is not too interested in crypto but hes into group sharing or video streaming or cloud privacy, maybe he wants to back some files or make a voip call (a premium feature we are working on), at some point the coin adoption will happen if your reward users with the coin (reward program for user referrals and usage of their account), has we are focusing on user experience and interactivity with customer care is our goal to bring the two together.

Hmm... okay, appreciate the answers.

I don't mean to sound harsh, but it does sound like a similar situation as to if we pretend dropbox (when it was in its infancy) just decided to add a crypto coin as a payment option, and offered rewards for referrals. Nothing inherently wrong with that, just that the coin isn't really part of the whole cloud thing, nor necessary exactly. It's more for your initial funding + payment/referral features (at least that is what I gather).

I guess I expected a greater level of incorporation with crypto. More decentralization using the blockchain or something similar. Something that could be interesting and maybe a bit simpler for you to do, would be to use the coin as a form of POS, but instead of just coin earned, cloudspace could be earned, simply based on holdings? Such as owning a certain amount of XCloud gives the user a certain amount of file space (without the user needing to actually spend the coin)? Anything like that planned? Or is that what you mean by using the coin for payment?

yea you could say that, then again i don't see them doing it, just like would dropbox ever be adding an online wallet or any crypto related features ?

i have seen a lot of coins come and go and i know most of us have, there is always that question what can i use this coin for? daily functions none what backs it up? i guess i just have to watch my coins stake, and wow yea that a great suggestion using the pos volume of each user to have them earn space on the cloud, we had in mind a re seller program based on the pos volume of the holder we each month we would give then a number of accounts for them to re sale based on their coin volume.

our payment system would work for those who want to sell their own material, using xcloud has a escrow to set terms with contracts the same for the xcloudmarket, xcloudpay, xcloudatm's and xcloud services.

we will be getting into details with the payment system on a white paper, we are currently working on a general white paper to release and after that a white paper for every important feature on the xcloudcoin.

I just used dropbox as an example, but nah... they won't be doing that.

Nothing wrong with how you plan to use the coin, primarily for payments, as at least it's a use. It's just less of a use or incorporation than I expected, at least for the amount of ICO money being asked for.

The xcloud escrow stuff does sound sort of interesting though. Is it basically the same as say the Ntx asset exchange type of thing? Is it fully functional or something planned down the road?

oh ok hehehe, i was going to say dropbox and crypto, but yea we are still planing to use the block chain for storage we just want to keep it light weight with our small drive feature, seed tracker could be link to a large volumen the cloud so that would be promising when in comes to blockchain and cloud,

on escrow yea sort of similar to ntx asset exchange, with an easier seller client interaction.

but hey great suggestion.

^^^ THIS ^^^

The dev can buy all of his coins for free, then make it rain shitcoins down on your heads forever. Even if he sells them to you at 0.00000001 sats it's profit. On the other hand if real rules were put into place, and the *dev* can't get his hands on the BTC until real milestones are met, you might have a different outcome. That's not going to happen at ScamTrix.

Newbies need to stay *very* far away from ScamTrix and it's organized frauds no matter what the coin. Please listen to the voice of reason and you won't get assraped.

Is that fully working now, or planned for the future? I played around with the site, but didn't look for any escrow features.

Although a dev could do that, it normally wouldn't be in their best interest. They'll devalue their own ICO as people will see sells below ICO prices. They would be better off if people simply bought coins normally at ICO prices. Also keep in mind he'd need the BTC ahead of time to do large orders on his own ICO, as it's not like he gets the BTC immediately as people buy coins.

But yeah, Bittrex should really lock all trading besides selling at ICO price. Ideally they should also limit single purchases and somehow try to limit devs buying too much of their own coin, but that could be a little tricky.

the module is mapped out already for that, we have to begin building it and testing it, but is a pretty close future.
like i said taking feedback from everyone would help us push on the features that would make our coin and service more attractive to everyone.

POS only?  X11  How do we obtain these coins?  We cannot mine them?

Our XCLOUDCOIN AND XCLOUD SERVICES white paper will be release tomorrow.

thanks to all the beta testers, all invites for today where send out, check you spam folder just in case.

Interesting. Looking forward to read whitepaper!!  ;)

it seems not cheep for 220 cld per month

As economy of scale increases price reduction will happen.

Hi, Everyone

Our project is being looked at by an Angel investors, It will change to a more general approach targeting a wider audience not just crypto users, But keeping the XCloudcoin has the main Method of payment, We are going to adjust the price of the ICO to a lower price based on the community suggestions.

Goodnews. What will be the new price and market-cap? 150BTC

 Wonderful .

 dev , its seems people are lost interest in ICO coin especially it also has the high fixed price, its more risk for investors. you should decrease the price or change the mode to IPO, maybe it can collect some money for development.

Suggest IPO, Not ICO. I hate ICO. I hate fixed price!

Thanks for your suggestions.

Hello, Everyone

I'm currently negotiating with the angel investors about including a bonus package for ICO investors which will be from the XCloudcoin file hosting profit
I will let you guys know once an agreement has been reached.

New Thread: https://bitcointalk.org/index.php?topic=722328