devs are you planning to open XC/USD exchange (Xchange) ? because now XC price depends on BTC price which is only dropping:(
XCHANGE is a possibility that we are exploring. |
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Nothing changed lol be careful - they'll delete your post  Nahh only if you put it across in a way that attacks the team or the community. |
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Let's sketch a scenario:
My biggest concern at the moment is to avoid causing an XC pump and dump.
The question we'll need to ask ourselves is whether traders will be incentivised to sell XC after ITO. I think it comes down to the following scenario:
- If owning XC before the ITO means I get XC + XC Inc. shares,
- but then holding XC after the ITO means only holding currency,
- does XCurrency thereby lose value after the ITO?
The answer, I think, is that from now until the ITO, XC has double value (i.e. XC + XC Inc. shares), after which it'll go back to having its usual value.
However, this will not provoke me to dump, because:
- if I dump before the ITO I don't get to redeem XC's double-value
- if I dump after the ITO my coins have gone back to their usual value already, so the incentive to dump disappears.
So after the ITO, I imagine that traders will simply choose to hold or dump based on the currency's prospects.
prospects is the magic word here, they won't dump if they realise that shares and XC give them different kinds of value in the future. XC: stake money, xmixer fees . probably web 3.0 serving fees shares: actual owning part of the company, probably divident payments in the future. If you can communicate the pros of each and don't tie them in any way i'm not afraid of a dump. I really like that point, holding at least 1000xc already gets you 'divdends'. |
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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. Or to the basics: You can spend and invest Fiat, most people do both. |
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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 |
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HYYYYPEEEEEEEEEEE
So basically the ICO will be OPEN just for people that Own Xcs and will get their corresponding Shares correct??
After that people will be allowed to buy with other currencies as well correct??
This is probably a good idea. We wouldn't want XC holders missing out I suppose. So buy XC in order to lock in your shares. I have about 730 XC, does that mean that I own 73 shares? Not right now but yes in the future it does. |
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HYYYYPEEEEEEEEEEE
So basically the ICO will be OPEN just for people that Own Xcs and will get their corresponding Shares correct??
After that people will be allowed to buy with other currencies as well correct??
This is probably a good idea. We wouldn't want XC holders missing out I suppose. So buy XC in order to lock in your shares. |
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That's not even a hint. Come on...  I did not get it We didn't want to make it to easy. |
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ah ok so GMT is berlin time Normally its London but until BST ends Berlin. Its weird, I know. |
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mintpal relaunch at 6PM GMT today? its 1 hour and 10min from now? will we see anouncment till then?
Should be 10 minutes... isn't GMT london time? Yes and No, Currently Britain is in Britsh Summer Time so no. |
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I have been running the autonode (xmixer) for 48h now and there has only been one transaction ("fee") of -0.00001, is it like that for others as well? Doesnt seem like I get any fees for running a node  Unlocked? Firewall Unblocked? Latest Wallet? Port Forwarded? |
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funny read... http://www.coindesk.com/24-signs-youre-obsessed-bitcoin/my current signs: 1, 2, 4, 5, 8, 10 (only bct), 11, 13, 16, 20, 24 11 out of 24...  I maybe 1 which was the last one. damn ive done almost every single one of those things....... time to move somewhere without internet for a while Yup, I swear for me its 24/24 |
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Again? It's not like they can use VISA cards either due to sanctions. |
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XC advantage/disadvantage against Bitcoin:
XC disavantage:
-less protocol trust: take time even for a finished product to acquire trust
-more risk : XC code is in devellopment things could go wrong, investors with risk aversion prefer to wait the code to be tested and audited before investing too much
-adoption/recognition: XC could profit from bitcoin adoption (bitcoin opened the road for next generation)
-XC dependence: Have to buy bitcoin first. could change fast (cryptsy,mintpal adding xc/$...futur expansion of XC motivating big exchange to add XC...)
-Xc open source delayed: i see it as an advantage but it is open to debate so i place it here.
XC advantage:
-best technology : XC already outperform bitcoin technology
-best evolution rate: XC technology improve with a higher rate than bitcoin
-best road map: web 3.0, anonymous vocal/video calls, blockchain 2.0 apps, cloud storage...Bitcoin will look like dinausore pretty soon.
-best expected rewards : hard to expect x100+ profit now with bitcoin whereas it's clearly possible with XC
Exemple:
Bitcoin priced 15k$ x actual number of bitcoin 13 284 600 = 199 billions$ marketcap, actual price multiplied by 37.5
XC priced 300$ would give 1.66 billions marketcap (about 1/3 of actual bitcoin marketcap) , actual price multiplied by 500 (300$/0.6$)
-flexibility : XC can adapt very quickly.
-Clean public image: XC isn't related to silk road (FBI seizure..), MTgox hack 740k bitcoin could potentialy hit the market... 1 millions bitcoin from anonymous founder satoshi could hit the market
-best business model: more reason for customers to accumulate XC: 3.3% profit stacking per year, Run Xmixer with 1000 XC could generate huge profit in the futur...
Conclusion:
XC could overtake bitcoin faster than expected. Most of bitcoin advantage (recognition, adoption) have developed a solid basis for XC rise.
If Bitcoin ETF are regulated next few month it would open the door for Xc to enter in the same market and would be in direct fair competition against bitcoin.
With XC tech delivered, tested and audited vs bitcoin on nasdaq => bitcoin would loose the fight really quick. best technology, road map and risk/rewards attract smart and greedy investors.
every media would talk about insane bull run of XC on market, adoption/recognition and profit from xmixer explode...
If XC team continue to deliver the road map, i don't see how Xc could stay so much inferior than Bitcoin for long.
Don't you think in the futur XC marketcap could join 1/3 of actual bitcoin market cap? would transform 1000 euros initial investment into 500keuros, without counting stacking + xmixer profit.
Do you know a better risk/rewards investment in the world?
As result i play XC long term !
Great Post. Taking out my obvious XC bias, I personally believe that most decent cryptos will have a mkt. cap close to $1b within the next 5 years. |
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Jeez this thread is sooo one sided....
Dude you complain WAY too much in this topic. Why are you always crying about stuff? If this coin and community is so bad, why are you even here? Just sell and and don't come back. I think he is the official Bitcointalk forum troll HAHAH call me a troll my TA has led me to make more money then i can handle at my age... So yea ill accept being a troll if u think giving a Level headed approach to trading is trollish... It was trollish of the forum to delete the TA Did you read the reason why you're TA was deleted? Nothing to do with the fact it was negative, it was that it was put forward aggressively. |
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Your chart was deleted because it attacked Zach and it was offensive. If you posted the chart with an explanation and no name calling, it would have stayed.
Soo next time don't post offensive comments... LOOKS Horrible on You and makes the Community seem unwelcoming because of one guy
Code 10
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