Since some degree of mutual respect has returned to this thread, I'll venture a response to that POS vs POW post.

I wasn't calling you a twat dude, just pointing out they are everywere not just in XC threads!

Im just trying to be some kind of mediator here that's all.  

edit: and for the record, same here, Im holding long term and have 95% all in XC. But this is also why I like to hear opposing arguments.

So far I haven't heard anything to deter me from keeping my money in XC, but I will keep asking others opinions to try and keep a balanced opinion.

This thread now seems to have turned into pointless bickering about who's got the most money. lol.

I appreciate the reply about PoS, but still dont quite understand what you're saying. The way I understand it, its just like earning interest on what you have in the bank (wallet). 3.33% is what everyone earns over a year. Ok, the early adopters will be getting more because they have more coins, but then im sure they will also be spending more and the wealth will slowly get spread out. Maybe Im wrong here?
Personally I cant afford mining equipment, so PoS suits me better, (and the majority of the general public, i would imagine)

2. I Didn't think XC had really done much marketing? The website was basically re done due to the community screaming and shouting about how crap the original one was. The original site had no information and looked shit, this was a good improvement. I spose it is a bit promotional, but i dont see how it "shouts make daddon rich" lol

3. You dont need a single XC coin to use Xchat/Tor stick (the Tor stick basically just being a bootable operating system with XChat built into a wallet (again, no coins needed) that will hide your i.p.

4. Can't argue with  your opinion, but I think Synechist is pretty reasonable? pretty much everyone else is just a personal gambing in crypto, there seems to be a lot of twats in every currency. lol

Dude.  The title of this thread is "Currencys" - it should read "currencies".  You have 250K and you aren't willing to bet on the three month outcome of this coin?

Geeze - OK new priority for XC team.  Get higher quality shills.  You are going on ignore.  And I will *try* to stay out of XC threads.  

Maybe so ...

Losing enough money gives you a lot of time to think and makes you move a hell of a lot slower.  I need to just leave them in peace I suppose.  If it wasn't for Jasinlee I woulda never looked into it.

1.  PoS vs PoW.  

The difference between PoS & PoW (from a gut - how I think level).

PoW means I can buy hardware and mine this coin.  Which while it may add indirect value to the coin - the person I'm making rich or adding wealth to off of my purchase is the hardware manufacturer.  Not the coin.  (IE - I don't feel like making dadon rich - 'cuz he's a tool).  We can draw up charts and look at distributions or try to come to some hypothesis.  But as I stated before you are not my primary audience.

This is less of a distribution thing for me than it is a psychological effect that I am utterly convinced will have long term impact on coin adoption.

2.  Marketing vs adoption.  I think I would disagree with your sentiments.  Marketing is an attempt for an early adopter to unload their coin for more something else (Bitcoin, fiat, whatever).  Adoption is recognizing that what I hold in my hand is the currency I want to keep for next year.  I understand the line is inherently blurred and if you don't want to see it - you can try and force me to quantify it to the point and say they are both the same.  They are NOT the same.

Your website SCREAMS and YELLS at me - "Make dadon the tool rich".  This entire post screams at me - "Make dadon the tool rich".  Bitcoin doesn't scream and yell at me ... it quietly explains what cryptocurrency is & why there is a need for it.  

3.  The lack of a solid message.  I mean I see USB sticks and hear everybody guaffing about their private XCChats and I don't know - I mean do I get to use XCChat for free without buying any coins?  Or I have to own X number of coins?  Or I have to pay so many coins to send a message?  And what does XCChat have to do with anything esp a currency?  If this is some revolutionary privacy technology - it's directly tied to the coin.  So if the value of the coin suddenly goes to 0 and stays there for six months - all underlying technology will be abandoned I'm assuming?

Shouldn't I just use bitmessage?  

While I understand that you're trying to invent web 3.0 or whatever.  It's just - it's insane for me to believe that this tangled web of chats and marketing and terrible website and everything tied together somehow (including your secondary dev that abandoned his other projects that didn't pay off) is somehow the future.

4.  Your people are irritating.  (granted - I am easy to irritate so maybe that's my problem).  (BTW - this post should read "Currencies" not "Currencys")

The bottom line is that no - I CANNOT put together a whitepaper to show that XCurrency is not the future.  But I can with quite a bit of confidence say that it's not.  

I think that you're wasting your time arguing here half of them are on my ignore list anyways.
I honestly believe that your understanding and knowledge (!) exceeds theirs by far. They would not admit defeat no matter how long you argued about XC.

Consensus.  Consensus needs a whitepaper.  Consensus needs a community (not shills & hype).  Consensus needs open source (XC is delayed - I admit ...).  Consensus needs proper distribution (not PoS).  Consensus needs a simple (and not horrific) website.  Consensus needs simplicity - both in product and in communication.  Not shiny things that re-invent the wheel "better"  

"XC is a currency that you can skype on and the NSA can't find you plus you can buy a USB key.  But mostly it's a currency"

wtf?

Consensus ... consensus is why XC is guaranteed to fail.

I understand the difference well. The former secures the network by finding valid hashes of a block that are also low numbers. Since there's no predictable way to find a hash that's a low number, it requires (on average) a lot of computations to find one, therefore a lot of work. Hence "proof of work". In contrast proof-of-stake solves blocks by randomly selecting addresses referring to coins of sufficient age and accruing new coins to those addresses. Both systems achieve consensus in the same sense.


I differentiate sharply between the two. Consensus is either (a) price discovery in a market, or (b) agreement on the temporal ordering of transactions. Marketing is how market actors become aware of something.


Well if you're not trying to convince your readers (which aren't just me), then what are you here for?

Go on, convince us. I promise to respond respectfully and to consider your arguments with due seriousness, as I hope this post demonstrates.

But until you (or anyone else) can supply a rationale to explain how PoS does not achieve consensus, you have no case.

i agree but your just serving up more propaganda around here or very naive..
take Doge for example there is NO debate about the fact it was on launch a pure clone.
it was propped up with dummy support and services because it picked up in popularity otherwise it would have hit the graveyard sooner.
so when you reference LTC, Doge and BC of every altcoin ever made i have to laugh till i fucking puke my balls off LOLOLOLOLOL

i will say AGAIN for millionth time..

some guys says stuff blah blah blah and he is either
a) Naive
b) dishonest

that is all we ever get around here.

and the whole hopping on the "i hate scam/clone coins" trend is cute.. it's a game by the scammers themselves LOL

and you say our only hope is to hop on a pump ?
fucking puuuuuuhleeze gimme a break !
you should be avoiding them from day one as it is.

what we need is to show people the door.. you guys showed up late and wanted to get rich quick..
NOW FUCK OFF your not wanted here in the first place.
What we wanted was coin supporters.. not kids looking scams to jump on *fake pumps for profit etc
and you are cancer to us all if you say ..
"any good IPO's going on ?" or "what is most profitable right now ?"

..there is the door guys --> |
use it

and scammers (coin cloners) think about it.. these type of guys don't help you do your pump and dumps either
YOU guys need real supporters to dump on lol

name 3 legit coins uhh ok... LTC and Doge and Blackcoin ? OMFG ROFL  

TEKA i appreciate it but not here to make friends i know what Ive said and done... could careless i troll to get cheap coins DEAL With it...

ill take a bite into XC to show u im back... that 154 sell on MP has got to go......

edit :

Nope.  Not at all. 

If somebody is unable to differentiate between PoS vs PoW or sees no difference.  And if someone is unable to differentiate between being sold to (XC website) and consensus (BTC website).  Or unable to comprehend what I'm trying to say - then even if I went to the trouble of putting together what you ("XC PR guy") would accept as proper proof that what you are trying to sell is a bad investment (which is probably not possible as it would be a conflict of interest).  It would change nothing.

I'm just trying to say enough to convince people who are like I used to be that this coin will be worth pennies on the dollar of what it's worth now.  I'm not really trying to convince the XC PR guy or the XCdogers.

How can one see what the distribution of XC is like? I know its nothing like that article has said, from seeing a rich list a while ago. A link might be handy...

You can say what you need to say in one post, you don't need a string of them. Ease up on the hard drugs.

I don't know what SR is.