How has the bitcoin price not spiked on this news? No ones knows...all explanations are post dictive |
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How has the bitcoin price not spiked on this news? Because that's not how the market works. News pretty much doesn't do anything when are people going to get this. sigh. It actually works like that and it doesn't work like that, and sometimes it works unlike either  |
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ok, apologies if I misunderstood or misconstrued you
sorry for the weak analogy, I deleted my original post after Synechist fully addressed it. Thank you for showing some maturity and not implying I am a shortsighted whiny baby or fudding, because I have an opinion on a topic related to XC (which I'm heavily invested in for the longterm). You must have caught me on a good day All the best. |
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I'm a little concerned. Dan is reviewing the code of other coins. They tend to do well even though in my opinion they don't offer anything spectacular. I understand Dan needs to eat and pay the bills, but what about XC? reminds me of an old adage my father used to tell me: Shoe repair guy is so busy and successful fixing everyone else's shoes but he forgets to fix his own shoes and they eventually wear down and break (was trying to write this as well as I could because it was told to me in Russian many years ago so excuse my translation). Yes, I get the same impression. They put out one lame press release after another but they can't generate any new interest, as evidenced by the falling volume: http://www.cryptocoincharts.info/period-charts.php?period=3-months&resolution=day&pair=xc-btc&market=mintpalI'm a XC bagholder and I don't like what I'm seeing. We have a former Microsoft guy working on the marketing, right? What's he been up to recently? The way I look at it is, that this calendar year we have seen the altcoin market explode, with hundreds of coins being issued, and the whole thing is still kinda in a state of chaos. There is just too much to take in, and it will still take awhile for the dust to settle. But in time I think some coins will remain, and come into use in transactions. XC stands a good chance IMHO when I compare it to the others I see. On the other hand this space is still so wild and unpredictable that what actually happens will probably be nothing like I imagine There is still the odd very interesting innovation appearing. We may even see hundreds of thousands of coins and coins as a currency of self expression as Andreas Andropoulos suggested in a talk I saw. |
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Such a poor analogy. You are comparing a car company, which is a profit seeking venture with shareholders witha community based venture that will eventually be an open source project for the benefit of anyone, not just shareholders.
Can you see the very vast difference between a company with shareholders and a profit motive and something like Bitcoin?
Bitcoin or XC is very very different to a profit seeking corporation
You didn't get the point of my post or your just avoiding it. Either way, I know my example wasn't the best, but it got my general opinion across and its not worth arguing over the details of my example scenario like this. Constructively discussing ideas and providing opinions with the XC community is always a good thing. ok, apologies if I misunderstood or misconstrued you |
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Imagine if you owned a ton of stock in a high-end luxury car company. But the lead designer/developer of these high-end cars, is paid by low-end car companies in his spare time, to review their car's features and release a statement like "this low-end car's features are safe and well made" (resulting in an immediate increased demand for the low-end car company's stock, because they received a stamp of approval from a high-end company).
Such a poor analogy. You are comparing a car company, which is a profit seeking venture with shareholders witha community based venture that will eventually be an open source project for the benefit of anyone, not just shareholders. Can you see the very vast difference between a company with shareholders and a profit motive and something like Bitcoin? Bitcoin or XC is very very different to a profit seeking corporation |
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Imagine if you owned a ton of stock in a high-end luxury car company. But the lead designer/developer of these high-end cars, is paid by low-end car companies in his spare time, to review their car's features and release a statement like "this low-end car's features are safe and well made" (resulting in an immediate increased demand for the low-end car company's stock, because they received a stamp of approval from a high-end company). Then the plan is, by continuing to legitimize and confirm the quality of their low-end competitors, the demand for the high-end car's stock will eventually go up because the public will respect their expertise for confirming the quality of other cars? Seriously? As an investor in the luxury car company, you may hope that they use their higher quality as a competitive advantage, leveraged to increase the distance between them and their low-end competitors. Instead the company is actively promoting the quality of their competitors and closing that gap. Then trying to further justify it by saying its good for the industry and will help keep consumers safe? How about we market how much better our own technology is, try to entice consumers to buy our product, which can provide them with that high level of safety and confidence that is lacking in the industry. I can't blame Dan for wanting to make money, but damn. At least be honest in the statement and say "hey Dan is going to use his knowledge to review the code of some other coins for a little extra income". It doesn't take a business guru to see that this is not effective promotion for XC.
I think the same montreal, developer team MUST dedicate ALL TIME in XC I'd strongly disagree. We have possibly the hardest working fastest developer around. He has been fantastic. But he owes us nothing. Dan, can do whatever he wants as far as I'm concerned. And I'm not concerned, at all. There are many reasons I like this coin and one is that I believe that Dan genuinely believes in what he is doing. I think he will keep working away because of this, but he can take as much time off as he wants to. |
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1 week to rev 2... This is the week I expect it to really start hitting up... Is there a link to the incorporated features... Should be exciting.. I'm expecting whales to start showing up... These trolls are probably a precursor to that ... Get me cheap coins lads!!!
Just goes to show though... The attack vector of the fud now is so narrow it just comes across as totally desperate and childish.
When Dan is the go to guy for code review... how can XC be looked at in a bad light really puzzles me. XC has cemented itself as a top 20 coin. It is seen in a good light, isn't it? XC is currently number 15 here... http://coinmarketcap.com/ and if it's not the newest coin in the top 15 it is pretty close to it. That is no mean feat. |
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What's happening with Dan Metcalf lately ? The temptation of fast bitcoins corrupted him ? I see that he uses his reputation to pump every shitcoin out there.[ Stealth, Key, Halcyon ? He even writes posts to their threads, hyping the audits, announcing the specific dates for the results. After he posted a message to halcyon thread, it went up 2 times in price. It baffles me. Why on earth would it be baffling for the price to rise after the code is checked, if the code looks ok? Isn't that to be excpected? If the code was found to have problems the price would probably go down. |
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It seems that Jasin was brought on board with the intention of one day in the future being a developer. But things never progressed to the point where he started working on an XC/CACHE link. It was only ideas and concepts.
And as we can see XC team have responded by removing any link with Jasin.
So what's the damn problem??
Correct me if I'm wrong.
I think he was listed as a devloper because he was a developer of Cachecoin. I don't think it was ever intended that he was to be seen as an XC developer. Things were moving pretty fast during that time, so it's understandable that some things were not 100% clear. The XC team were not to know everything about Jasin and his other activities, and I don't think we can blame any of them if Jasin's other activities have "problems" |
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Then Jasin disappeared again. Then he came back and told us he doesn't have enough money to order the units we paid him for. That is a worry if it is true, considering his company was the major sponsor of the bitcoin beltway conference. When was the money paid to Jasin? Do you have any link confirming this? You can find reference to this somewhere between page 470 and 490 of this thread. I'll have to go and find it, but can't right at this minute. Added in edit: https://bitcointalk.org/index.php?topic=630547.msg7438533#msg7438533Fibonacci is my company, we sponsored the conference and paid for the xc booth and tickets |
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Teka... we seriously need to start getting rid of these asic spam. They are totally not constructive and is pure troll spam. I think they already had their 15 mins and we need this thread to be back to discussing XC. They basically won't take any logical answer and just ramble on and on.
Like you, I have a large XC holding, and I want this cleared up. I'm in XC for the long haul. After the statement is issued you will have an hour to ask questions . Once all of that is done you are more than welcome to open a jasin discussion thread. I will probably be asleep or working. But seriously...don't leave room for questions. Deal with it. Can you link to the previous statements on this please? Apparently there have been 3 previous statements, none of which i have seen. Thank you |
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Unlike you though... I don't quote the fud and help feed the trolls.... I am waiting for the team to clear it up before I will have any further questions.
OK...so you were hoping it would all just go away. I'm not prepared to take that risk. Dan has been very upfront, and that is a major reason I have bought this coin. We are probably buying this coin for different reasons. Assuming , that is you are still buying, rather than holding some coins you bought cheaply and hoping all goes well. I'm not in the business of passively hoping things somehow turn out well, and I'm going to actively participate if I think it is appropriate. |
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Exactly. Like that 8 post newbie gotalite. Can't even wait for the annoucement before fudding some more. FFS STFU...
No! FFS let's get this right. |
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Teka... we seriously need to start getting rid of these asic spam. They are totally not constructive and is pure troll spam. I think they already had their 15 mins and we need this thread to be back to discussing XC. They basically won't take any logical answer and just ramble on and on.
Like you, I have a large XC holding, and I want this cleared up. I'm in XC for the long haul. |
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Then Jasin disappeared again. Then he came back and told us he doesn't have enough money to order the units we paid him for. That is a worry if it is true, considering his company was the major sponsor of the bitcoin beltway conference. When was the money paid to Jasin? |
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XC has made three statements on Jasinlee prior to this, but since people continue to wilfully ignore what we say, we'll make another one.
I'm baffled why you didn't link to those statements.  Show me these statements rather than accusing me of ignoring them. |
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The best i can figure out is that although Jasin appeared to be listed as a developer, he was a developer of Cache coin not XC. Though this could have been clearer. Jasin was a "consultant". https://bitcointalk.org/index.php?topic=630547.msg7451279#msg7451279In the most simple terms we are a collaborating with Cache (hence why jAsin is a consultant) on cool new tech. Coins remain different. Two coins are needed for POBC and so I assume Jasin was the dev for Cache and Dan the dev for XC. https://bitcointalk.org/index.php?topic=630547.msg7451922#msg7451922You are misunderstanding that they need to be separate to make PoBC function. This will change the way coims are used from being a niche to giving everyone access to crypto. This is about adoption, if you cannot see the benefits of mass adoption then why do we bother with any coins? Anyway I hope the announcement tomorrow makes it all clear. |
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Hey, nut up bitches. You gambled on a crypto company and lost money; every one of us has lost money in this game. If something goes wrong with one of my investments I'm screwed. I'll have a piņa colada and a good cry then get on with my life...you should do the same!!!
I never bought anything from Jasin or had any thing to do with him. As a long term supporter of XC and someone who holds a lot of XC I have just been concerned that if this issue is not dealt with appropriately it will come back and bite us on the bum. Everything Dan and XC has done has been done very well, and I take my hat off to Dan and the team. I just think it is important to keep XC's reputation above reproach. |
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whats with this cache coin all for sudden , will it get the same features as XC XC and Cache are going to be assisting each other. Cache is halfway through a complete rewriting of the satoshi codebase in clean oop code. When finished it will be applied to xc and xc features to cache. Good things usually come from collaboration, this is the way the crypto community should be acting instead of everyone fighting. There was a time when Jasinlee was making out that XC and Cache were very close, but I'm glad that XC has distanced itself now. |
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