hype up a "promising" but obvious P&D coin, set low buy orders on XC, panic sells XC to catch pump&dump  train. Repeat. most traders are 4 steps behind the actual movers & shakers

Hi all

For our final team announcement for the day, I'm honoured to introduce Rob Kremers to you all.

His résumé is all he needs for an introduction:

Hi all

You may have heard mention here and there of the incipient XC Foundation. Today we introduce you to its first two members!

They'll be helping to take XC to the world in the form of XC ATMS and XC-based crowdfunding, and will be working behind the scenes to attract investors to XC.

So how does the xc app know how many coins to reserve for the xnode and from which address? Is it enough to just put 550 coins in the wallet and it will work? but what if I want those coins to stake instead of being used for the xnode reserve. These and many more I hope will be cleared as soon as possible.

I exaggerate a bit, the first announcement is a big one, just more "theoretical" than expected

Good luck!

When will the second update be and will this update make the price go up again?

Morning all

After staying awake for 23 hours I've now got a few hours' sleep and would like to do my best to field questions about Rev 2.


First off, I am sincerely sorry for having let you all down. I appreciate how a late, testnet-only release has injured your faith in XC, in the team, and in ATCsecure. We're very sorry for both what happened and for how we handled it. Down to the last 30 minutes we all believed, as most of you did, that the release would come out in time. If we had not thought this, then we would have informed you as early as possible about a delay and taken the hit. But we did believe it would be released. Unfortunately there was a single issue with the mainnet compile, that Dan identified and understood, yet that would take too long to resolve.

The broader reason for not having released on time are circumstances over the weekend that have nothing to do with development, severe in nature, and private to the affected person, which unavoidably took up the majority of this person's time. It's frustrating, but in a small team these sorts of events have a large effect. Nonetheless we were confident that the release would be out in time, but some minor details (and our complete unwillingness to risk your funds) prevented it.

But what we have achieved is nonetheless a world first. Until today, there has never been a decentralised trustless mixer. And now there is, in the app you downloaded today.

I've been saying for a while that XC is not semi-centralised, therefore no "security bottleneck" in the form of supernodes.

Well, with Rev 2 every singe wallet is automatically an Xnode. It's completely decentralised.

This should address people's questions about how to set up an Xnode in Rev 2. It's set up already. Just start testing it, and track what it does in the blockchain.


Updates will be very frequent and the app will go onto the mainnet in due course.

We're also unveiling the promised announcements today and tomorrow, and they're no less positive.

Enjoy what's good about the situation: a world-first that in fact surpasses the Xnode/normal node distinction, which is better than what we stated we'd release. This, plus the fact that XC's fundamentals are the same, plus the news we have to share with you later today, paints a very optimistic picture.


Ask me as many question as you like. I can't promise to be able to answer all of them, since I'm not the dev, but I'll try.


Humbly,


Arlyn

Someone punch a little hole in that sell wall already. Wave 5 on Rev 2 and other big announcements tomorrow and Wed. Easy deal.

Some of you people out here in crypto land are the most ADD idiotic people ever... Freaking saying its not gonna be released... Its not even 6pm dinner time for MOST families where he lives..Rember he does have a family & life outside of crypto... Any way you retarded trolls thanks for the laughs

That fud is well priced, like tesco pricing. Is it on mintpal?

I think he's joking guys...  Bitcad4u said he was willing to give up his XC if deadline is not met  I think leigh2k14 was hoping to collect haha.

I hope you know that i'm preying that ATC HDD will fail.

Typo?  It's at 256k now, you sold at 240k and it's not a mistake?  hmm...

In regards to price speculation; I've figured a decently backed basis of thought for probable market caps and Top 2 CryptoCurrency (Ripple) achieved market caps.

The Ripple 180 day graph on Coin Market Cap shows that the Ripple Market Cap was 2.3 Billion dollars. $2,300,000,000

https://coinmarketcap.com/xrp_180.html

Ripple offered no technological innovations, which is why it's current valued market cap TODAY has fallen to 23 Million dollars. $23,000,000

The humongous amount of capital that had existed in the Ripple market cap 180 days ago gives a rough view of the amount of revenue available from potential investors.

If XCurrency reached a market cap of $2,300,000,000 ; each XC would be worth $410.71. This is with a total supply of 5.6 Million XC.




TL;DR = 180 days ago Ripple had a $2,300,000,000 market cap, it now has a $23,000,000 market cap.

XCurrency could achieve that same market cap in 180 days or less, this is the amount of potential investments available.

Same Thing might happen with buy walls but in this case buy walls are real as we are in an uptrend and they will be moved up and up when the price rise as old buy walls will buy and new from new people will form.