Someone add me to a chat. Let's try this thing out. I added you to a chat with Crytico, did you get my message? |
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An updated wallet is being posted shortly - this is a TEST release for a new XChat feature
* XChat now supports "Groups", right click and select "Invite"
GROUP PRIVATE CHAT!Yes!!! Finally! |
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Hi iv been a silent supporter of xc and have been staking 761 xc coins since may. I bought in at around 168k, the price has dropped since and remained stagnant at around 135k for sometime now. Xc has arguably one of the best devs in the crypto world behind it so i expected some kind of growth. I'm not disgruntled as I have made other successful investments in coins with 2000% growth. So my question is this, have i made a good investment or should i abandon ship? Any feedback would be appreciated.
problem is xc is always chasing someone else's ideas. darkcoin invented x11. xc named their coin x11coin ( http://www.xc-official.com/) & changed later. darkcoin had the idea of nodes. xc followed (but turned everyone into nodes) ethereum started pushing "web 3.0" - xc started talking about it and saying they were going to push it darkcoin just completely open sourced - xc is working on it. xc is spinning a company off to raise more money which will dillute coinholding profitability if there ever is any. (but they are giving coinholders a piece of the action). also it doesn't look good when the lead dev pumps other shitcoins. so these are their two original ideas - a for profit company (dan was listed as XC "ceo" for awhile) and "reviewing" other competing coins. FWIW I think darkcoin is a piece of shitjunk scam (I am currently a little invested in monero and boolberries cuz i like ring sigs but if you look at my post history u can see i was pretty hard on both of them b4 deciding). anwhoo thats my take on why its going nowhere. nobody ever listens to me.  Thanks for your feedback, i always thought xc was an innovator in crypto and others followed but i didnt know about the points you've raised. My other investments are ethereum and fibre. I'm not going to bang on about other coins because this is not the place for it but from what i can see fibre has done in 7 weeks what it's taken this long for xc to do. I was going to hold until rev 3 but now I'm having second thoughts Hmm... please do tell us this mesh/multipath anon solution that Fibre has in 7 weeks... Oh ya... they don't. Good luck with your Fibre where almost 47% of the coins is on exchange alone ready for the big dump vs XC at under 10%.... |
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Do we know wtf is going on over at MP?  I have some XC I want to get outta there ASAP. They are changing to V2, but I would also get out of there. Apparently this:  Thanks, I managed to log in and transfer them. I've been trying to get some of mine off the exchange since i saw this earlier and still can't get on their site. says its over capacity. I've got about 500 on there.  That is quite a bit. I hope you get it off there. Mintpal needs to get their shit together. This totally smells like MtGox all over again. GET YOUR COINS OUT OF MINTPAL!!!... if you can before it's too late. |
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Mintpal is minting there XC. Think that's the reason for the continuous selling of small amounts into bid prices
Is this something you've become pretty sure of through the development of your blockchain analysis tools? It'd be pretty awesome if you could provide some evidence of this as that would be pretty damning if true. That exchanges have there customers coins stacking/minting is posted by me before and MP is not the only one: https://chainz.cryptoid.info/xc/tx.dws?9dbc120e51f13da8361812578ba1b82730d9541193a8b6c4eb6d93fe4feaba51.htm (Bittrex is stacking king atm, remember that 'Deposit Bonus' they had? Smart move business wise) But for mintpal see for instance: https://chainz.cryptoid.info/xc/tx.dws?233944.htmSimulair: https://chainz.cryptoid.info/xc/tx.dws?ef16f07246c27a86a060157321f14d0b7acb3aa35332ecea755e6164d038c12d.htmThose are not regulair pos transactions where the input gets split in two, atm mark them as 'pos' coz they match the patern. Need input from the team to comfirm this. edit: seems i have the same patern in my wallet for some POS i received when logging in for the first time after my holiday, no split into two outputs that is The second part of my statement, continually selling into buy orders with small amounts is something we all observed, that being stake coins just seems more practical to me than some whale with a plan to keep the price down. ^THIS +1000 If you don't want XC's price to be continually pressed down, MOVE YOUR COINS OUT OF EXCHANGE. You are contributing to the dump if you leave any coins in their wallet. |
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when we will get much more attention? trading volume is very very small..
When Rev 3 comes out along with the bounty to crack it and nobody can crack it, you can bet the attention will be swarming. The XC dev team have absolutely no control over the trading volumes. IF Mintpal can ever "launch" their v2 and give out no fee trades for a few weeks, you can also bet that there should be some major volumes for all coins and not just XC. |
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How can XCurrency be a decentralized currency when you say it is a product/service offered and controlled by XC Inc.,
Wouldn't it be decentralised because nothing is going through a central server? The operation of the network nodes make it decentralised... Is that right? I truly don't know, this is all very experimental and interesting. This is the time to ask questions, nothing like this has been attempted before. In theory the nodes make it decentralized, however a large portion of xcurrency is still owned by approx 100 people, who will also be shareholders in the company. Therefore, unless we see more distribution, the currency itself will still be centralized,even if it's moving through multitudinous, decentralized nodes. That's how I picture it anyway. Will the currency be able to remain a seperate entity from the company; I guess we'll find out? What I can see is XC Inc. possibly have connection with big companies that want to utilize the mesh network to deliver content/ads can negotiate for a deal with the team so they can push it out for them for a fee and still the XNodes can receive fees for the actual delivery. In that sense, they are almost like the ad agencies, but we are the network that has the reach. That's just one aspect I can think off the top of my head. Also... there are currently 388 address with at least 1000 XC. So, I don't know where you are getting your 100 people stats from... http://bitinfocharts.com/top-100-richest-x11coin-addresses.html |
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How's the price of XC? In terms of new investors joining? I know this is probally a stupid question since most people will just say "BUY IT, WHERE GOING TO THE MOON"
But what would you say is a good entry point.
I just cashed out of cloakcoin, after running there marketing team (cloakdesk.com whatiscloakcoin.com) unfortunatly i didn't get much out of it after the price plummit, but i'm trying to decide what coin i would like to join next, Not to make a profit, but to invest my time, and talents into the community
I don't think anybody within our community will necessary yell things like it's going to the moon because we are used to the slow rise (and fall) of the price of the coin. What most of us are invested in is the team behind XC, the plan, the potential of what web 3.0, blockchain 2.0 and the trustless decentralized mesh network can bring. XC has been solidifying in the 120k-150k range for at least 2 months now. What is a good entry point is really hard to say, but most of the consolidation has been happening within this range. Just check out all the PR that Synechist has been delivering based on the development of the coin and you will see that solid development is happening. Don't forget that Dan Metcalf has been the go to guy for other coins to get validation of their codes. And... don't forget about the plan the XC team revealed today about XC Inc. where you can get shares of the corporation based on your XC holdings. That's a first in the crypto community. We don't know what that can bring... but look at the other well known companies that have been bought out (Skype, whatsapp, etc) Those are worth BILLIONS without a decentralized mesh network. |
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If I buy 51% of shares, can I destroy Xcurrency?  Don't know where you can find 51% of the coins. Even on Mintpal, the floating coins is under 10% in the biggest wallet... https://chainz.cryptoid.info/xc/#!wallets |
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If XCurrency's altcoin price and XC Inc. are two separate things:
Any thoughts on how XC (altcoin) will retain, or increase in value while XC Inc grows? Any thoughts on how it's price will correlate to XC Inc. share prices?
For starters, this might not be a good idea, just yet. Also this is not and an ICO, its an IPO. There is a difference, coins are not being offered, shares are. So, this needs to be reflected in PR releases. Shows lack on understanding, not good for serious investors who know the difference. Anyhow, that's a different story. By making this move though there are some serious implications. Essentially you need to think of XC like a bank (somewhat) that's listed. Or maybe even like Google or Samsung. The share price may not be completely independent, as stated. Its important to understand that the nature of XC Inc product behaves like a share price according to demand and supply. And thus could lead to confusion amongst investors as to which is actually more valuable the currency or the share (because XC generates revenue itself, and its on this system that value is created). Also, the share price is directly affected by the currency's performance, in the current state. Unless other revenue streams like advertising can be created, separately. An IPO's purpose is to raise capital, so that currency could be further developed. Remember XC is a payment system, much like bitcoin, its on this technology are other applications built. Thus rendering the tool more valuable than the provider. With IPO's, the objective of investors is to be provided a return in the form of dividends, for making capital investments. Taking such a path would mean that XC Inc would need to generate revenue, using Xcurrency to provide cash to investors. Only if XC's "profits" increase will the share price increase. Along with good news. But, then one could also say that the share price of XC is directly related to the capabilities of Xcurrency. Because the currency leads the company financial performance. If the currency thrives, then the company thrives, and so the share price will thrive. Nonetheless, XC will need to provide a return to shareholders, to have a significant share price. Right now the currency is more valuable than the share itself. Shares get their value from dividends; so you need to ask how much dividends can XC give you. Only then is it worth investing in the share. Period. Right now the currency is giving you a dividend for holding. ICO here stands for Initial Community Offering I think. not coins.... Also, stock value isn't based on just dividends. People buy stocks for the growth of a company. Growth could means many things, but most of the time, it's based on future potential revenue/profits/reach. One exit strategy is to sell to a bigger company, where the holders of shares can get paid off handsomely. eg. Whatsapp, Twitter, Skype, etc. |
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I hate to be the one that always ask the tough question.
How many shares are there total for the ICO ?
Nice. Tough questions are good. They're almost always the most helpful. We've not decided that yet, and are consulting on the details of it. My guess is that there'll be more shares than the amount claimable by holders of XC, or else BTC/fiat/etc. holders won't be able to participate. The number is not yet determined though. To me, I think the important goal of the ICO is that you can draw in some BIG and influential investors that are willing to buy into shares of XC Inc. If they can drive the share values of XC Inc to billion+, then the shares of current XC holder will be less of an impact. Imagine 1% of 6 billions for example for a big XC holder. That's still 60 million dollars worth of XC Inc. shares.... Of course hoping that it's higher than 1%, but Dan and team must use the shares wisely to draw in people that can bring us to places. |
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One concern I have is that creating xc inc. will deter people from using xcurrency, and once xc is a corporation, competing companies may not want to accept xcurrency. This is exciting news and I am intrigued, however there seems to be a catch 22 here. The explosion of btc and crypto can be attributed to their decentralized nature, how does xcurrency plan on remaining decentralized, especially when a majority of the xcurrency is also owned by soon to be company shareholders? Any thoughts?
This should be answered ASAP as it was the first thing I thought of Paypall is a corporation and other corporations accept them. Having XC as a company will give credibility to the Business world to Our Platform expecially for web 3.0 applications. Xc Could have the Potential to shape the New Internet and be the new Currency of this new Internet in the same time.. Why people will not want to use it. We are going for main stream adoption not for Crypto niche Nerds. One question that I have is will XC have a board of Directors? will dan be the CTO? will there be a CTO? what if Microsoft will want to buy it? will the CTO sign the Deal withouth the Community/shareHolders have a voice on it? will there be an official Board of Share Holders now as the Major corporations to talk about future decisions? Edit: Maybe we can do a community/share holders voting system for the Decisions to be made like for Example 100 shares Equal one Vote...my 2 XCs Your 2 XCs now = .2 XCshare. Lol. Thanks for all the feedback, believe me the questions are going to get much tougher. There are a lot of things the team needs to consider, there will be a fine line between the company and the currency. There may be no organic connection between the two, but they will both be inextricably connected; if there is bad news about xc inc the company you can be certain it will affect the value of xcurrency. I'm not trying to be a naysayer, I'm just asking these questions before outsiders come in here and ask them. I am fully invested in xc, sold all my btc and don't plan on selling my xcurrency anytime soon.  Indeed. There are a whole lot of questions we're consulting on. It's a multifaceted and complex thing. Put it this way though: - XC the currency would thrive due to fundamentals like liquidity, fiat gateways, app quality and pervasiveness, being free and open source, etc. - XC Inc. would thrive due to continued innovation, the success of its platforms, etc. - So they're distinct (though associated) tokens of value. - Therefore if, say, Microsoft buys XC Inc, it wouldn't thereby own XC the currency and wouldn't have any direct control over it at all. But it would over XC Inc. I'm comfortable with the value of one affecting the value of the other. I'm equally comfortable with their fundamentals being distinct, and very happy that owning one cannot mean controlling the other. Just imagine the day XC Inc. sells for 6 BILLION+... our marketcap now is under 4 MIL... THIS is the undervalue part that people aren't looking at. Don't know what needs to be done to rub it into people's thick skull. You missed GOOG, FB, TWTR IPO? well... there's XC.... Buying a stock is not the same as buying a coin. XCurrency is not even incorporated. We have to hope for financial usage like bitcoin, then the price will go up. Hmm... you must have missed the big announcement today.... |
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This is more than huge. This is a world first for a crypto coin to approach it as a company. This gives immense incentive for the team to deliver the vision. If XC can reach the level of Skype/Whatsapp/Snapchat, etc. Dan and team will be the next Zuckerberg while us early owners will get to ride along with it.
This is like the first bridge between crypto and the real financial world beyond spending/accepting coins.
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One concern I have is that creating xc inc. will deter people from using xcurrency, and once xc is a corporation, competing companies may not want to accept xcurrency. This is exciting news and I am intrigued, however there seems to be a catch 22 here. The explosion of btc and crypto can be attributed to their decentralized nature, how does xcurrency plan on remaining decentralized, especially when a majority of the xcurrency is also owned by soon to be company shareholders? Any thoughts?
This should be answered ASAP as it was the first thing I thought of Paypall is a corporation and other corporations accept them. Having XC as a company will give credibility to the Business world to Our Platform expecially for web 3.0 applications. Xc Could have the Potential to shape the New Internet and be the new Currency of this new Internet in the same time.. Why people will not want to use it. We are going for main stream adoption not for Crypto niche Nerds. One question that I have is will XC have a board of Directors? will dan be the CTO? will there be a CTO? what if Microsoft will want to buy it? will the CTO sign the Deal withouth the Community/shareHolders have a voice on it? will there be an official Board of Share Holders now as the Major corporations to talk about future decisions? Edit: Maybe we can do a community/share holders voting system for the Decisions to be made like for Example 100 shares Equal one Vote...my 2 XCs Your 2 XCs now = .2 XCshare. Lol. Thanks for all the feedback, believe me the questions are going to get much tougher. There are a lot of things the team needs to consider, there will be a fine line between the company and the currency. There may be no organic connection between the two, but they will both be inextricably connected; if there is bad news about xc inc the company you can be certain it will affect the value of xcurrency. I'm not trying to be a naysayer, I'm just asking these questions before outsiders come in here and ask them. I am fully invested in xc, sold all my btc and don't plan on selling my xcurrency anytime soon. Indeed. There are a whole lot of questions we're consulting on. It's a multifaceted and complex thing. Put it this way though: - XC the currency would thrive due to fundamentals like liquidity, fiat gateways, app quality and pervasiveness, being free and open source, etc. - XC Inc. would thrive due to continued innovation, the success of its platforms, etc. - So they're distinct (though associated) tokens of value. - Therefore if, say, Microsoft buys XC Inc, it wouldn't thereby own XC the currency and wouldn't have any direct control over it at all. But it would over XC Inc. I'm comfortable with the value of one affecting the value of the other. I'm equally comfortable with their fundamentals being distinct, and very happy that owning one cannot mean controlling the other. Just imagine the day XC Inc. sells for 6 BILLION+... our marketcap now is under 4 MIL... THIS is the undervalue part that people aren't looking at. Don't know what needs to be done to rub it into people's thick skull. You missed GOOG, FB, TWTR IPO? well... there's XC.... |
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One concern I have is that creating xc inc. will deter people from using xcurrency, and once xc is a corporation, competing companies may not want to accept xcurrency. This is exciting news and I am intrigued, however there seems to be a catch 22 here. The explosion of btc and crypto can be attributed to their decentralized nature, how does xcurrency plan on remaining decentralized, especially when a majority of the xcurrency is also owned by soon to be company shareholders? Any thoughts?
Good point. However XC's code will be open source. Everyone in their right mind will jump at the chance to integrate the leading private open source currency. As for the idea that the majority of XCurrency will be owned by XC Inc. shareholders: - People will have months to become shareholders, and the opportunity will be well-advertised. - People will be free to use XC as a temporary means of obtaining XC Inc. shares, and sell afterwards. After the ICO they'll trade independently of each other. - Since there's no organic connection between the two, and no internal control over their relative values, I don't see this as a problem. Have I missed something? If people are "free to use XC as a temporary means of obtaining XC Inc. shares, and sell afterwards." then couldn't I buy 1000XC obtain my 100xc inc.... sell my 1000XC.... rebuy my 1000XC and get another 100xc inc shares... Then sell my 1000XC and have 200xc inc shares for free ?? That's why I suggested there is a lock time. If you don't own your XC by then, sorry.... Kinda like ex-div date for stocks. |
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One concern I have is that creating xc inc. will deter people from using xcurrency, and once xc is a corporation, competing companies may not want to accept xcurrency. This is exciting news and I am intrigued, however there seems to be a catch 22 here. The explosion of btc and crypto can be attributed to their decentralized nature, how does xcurrency plan on remaining decentralized, especially when a majority of the xcurrency is also owned by soon to be company shareholders? Any thoughts?
This should be answered ASAP as it was the first thing I thought of This is how I intepret it: The two things are separate... XC coins will act like "fuel" to the applications like "ether" for ethereum. While the shares is kinda like "profit sharing" for extra "deals" that XC Inc. might have with big company to distribute ads for example. XNodes/XMixer will still get the fees, but there might be "big" deal in the pipeline that might have extra money going to XC Inc. Imagine one day XC Inc. becomes a public traded company on Nasdaq... you might get dividends and you can openly sell the shares of XC Inc. Please correct me if I am wrong about this interpretation. |
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I WAS RIGHT!
I own XC, SO I OWN SHARES? Without having to SELL XC?
Yeah, "jizzed"is not a word a top++ holder of a great future company might be allowed to use, but I just totally did it.
No You own the right to Buy XC shares if you OWN XCs 10 XC will give you the right to buy 1 share of the company....still fuking HUUUUUUUUUUUUUGE this will drive XC price to the star as well as people that wants to buy shares they will need to buy XC First. Fuking Yeeeeeeeeeeeeeeeesssssssssssssss Are you sure? Owners of other coins can buy shares The best thing about this is that people are unlikely to want to buy shares with other currencies. If they own XC, they XC plus a share. Therefore: buy XC! Thank you so much for this. Let me rephrase: If I have 10XC, I will prove my wallet(s) contains 10XC, and I will be automatically given 1 share, without need to spend anything? Yup. But what if i hold my coins in an exchange? how do i prove that i own them? i think there will be a fixed date that will be taken and every wallet that holds more then 10XCs own shares equal to its account value, but when will the date be chosen? My guess is that, to prove ownership, you'd need to sign using a private key. So send your coins to a wallet before buying shares. This will most probably happen in real-time during the ICO. There'll be no need to do things in advance. I think we need to have a lock time or else some people might exploit it by claiming shares, then moving coins back to exchange and moving it back to another wallet. If you need your coins on the exchange by lock time... then sorry. no shares. Yes, good suggestion. Coins used to claim shares could, perhaps, be locked for the duration of the ICO. Can you imagine the time before the lock time?? There will be like ZERO XC on exchange. Imagine the price skyrocketing.... |
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I WAS RIGHT!
I own XC, SO I OWN SHARES? Without having to SELL XC?
Yeah, "jizzed"is not a word a top++ holder of a great future company might be allowed to use, but I just totally did it.
No You own the right to Buy XC shares if you OWN XCs 10 XC will give you the right to buy 1 share of the company....still fuking HUUUUUUUUUUUUUGE this will drive XC price to the star as well as people that wants to buy shares they will need to buy XC First. Fuking Yeeeeeeeeeeeeeeeesssssssssssssss Are you sure? Owners of other coins can buy shares The best thing about this is that people are unlikely to want to buy shares with other currencies. If they own XC, they XC plus a share. Therefore: buy XC! Thank you so much for this. Let me rephrase: If I have 10XC, I will prove my wallet(s) contains 10XC, and I will be automatically given 1 share, without need to spend anything? Yup. But what if i hold my coins in an exchange? how do i prove that i own them? i think there will be a fixed date that will be taken and every wallet that holds more then 10XCs own shares equal to its account value, but when will the date be chosen? My guess is that, to prove ownership, you'd need to sign using a private key. So send your coins to a wallet before buying shares. This will most probably happen in real-time during the ICO. There'll be no need to do things in advance. but for every 10XCs i will get one share. so i don't have to buy anything i would just have to proof ownership. the question was more like, when will the XC team take the snapshot of the blockchain? will the date be publicly announced in advance? I hope it's a surprise to reward the people not leaving their XC coins on exchange to dump at any time. But, I doubt it will be a surprise, which is too bad. haha |
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I WAS RIGHT!
I own XC, SO I OWN SHARES? Without having to SELL XC?
Yeah, "jizzed"is not a word a top++ holder of a great future company might be allowed to use, but I just totally did it.
No You own the right to Buy XC shares if you OWN XCs 10 XC will give you the right to buy 1 share of the company....still fuking HUUUUUUUUUUUUUGE this will drive XC price to the star as well as people that wants to buy shares they will need to buy XC First. Fuking Yeeeeeeeeeeeeeeeesssssssssssssss Are you sure? Owners of other coins can buy shares The best thing about this is that people are unlikely to want to buy shares with other currencies. If they own XC, they XC plus a share. Therefore: buy XC! Thank you so much for this. Let me rephrase: If I have 10XC, I will prove my wallet(s) contains 10XC, and I will be automatically given 1 share, without need to spend anything? Yup. But what if i hold my coins in an exchange? how do i prove that i own them? i think there will be a fixed date that will be taken and every wallet that holds more then 10XCs own shares equal to its account value, but when will the date be chosen? My guess is that, to prove ownership, you'd need to sign using a private key. So send your coins to a wallet before buying shares. This will most probably happen in real-time during the ICO. There'll be no need to do things in advance. I think we need to have a lock time or else some people might exploit it by claiming shares, then moving coins back to exchange and moving it back to another wallet. If you need your coins on the exchange by lock time... then sorry. no shares. |
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Here is how I look at it...
Whatsapp - sold to Facebook for 19 Billion
Skype - sold to Microsoft for 8.5 Billion
Snapchat - valued at 10 Billion
Akamai (to an extent related due to content delivery) - valued at 10.82 Billion
XC - current marketcap today 3.46 Million
Whatsapp - Centralised Skype- Centralised / Serious NSA Privacy Concerns Snapchat - Centralised / Serious NSA Privacy Concerns XC - Decentrlized Trustless System designed for Privacy Yes, definitely. This should be added to the comparison table. It's such a no brainer for people to invest in XC. This is like when Bitcoin was under 10 cents.... |
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