Why I went all in on Xtrabytes.

[k@suy]

Extrabytes is not yet awaken, but when it does it will be very valuable. Its uses is not yet realize as of now. In addition it has a limited supply also.I think it is still in the accumulation stage.

[KesoNie]

We need to be careful in investing in some altcoins out there specially if that coin is not popular or not well known by most of the bitcoin or crypto users because there is a lot of pump and dump coin and based on the price chart of that coin, it shows that it pumps from a very low single digit satoshi price into an average of 3 digit price satoshi. I think it is not a good idea to go all in unless you really know what you are doing and you are sure that the team behind that coin are good people.

[Saidmod]

Extrabytes is not yet awaken, but when it does it will be very valuable. Its uses is not yet realize as of now. In addition it has a limited supply also.I think it is still in the accumulation stage.

It was still undervalued in market only those who knows it potential were accumulating big amounts so if its ready and seen in market the price would be unpredictable. I got to visit the thread now because im curious on the OP post why he do all in.

[jhon conor]

The project looks good, but coin mining takes a long time to gain wealth, like ETH etc, but the richness of coin mining is durable, unlike other projects

[Fatoshi]

When a coin is mentioning 70,000% increase in 4 weeks in its OP, guess what I'm doing?

I think they were trying to communicate how rapidly the coin has grown. This is a community coin don't forget so don't be too critical of the marketing. This isn't a polished ICO who asks for 5000 sats buy ins. Remember NO premine, developers simply bought along with everyone else. Fact is the price stated at 1 sat for almost no time if you go look at chart. I was one of early buyers at 30 sats and back then you couldn't give it away no one wanted it, thats the reality. Look a bit deeper guys this tech is something revolutionary I think.


I actually find the open and honest communication quite refreshing. I mean what ICO tells you its experimental and could all go wrong? When actually thats a reality for many of them. Look past all this and consider the technological step this coin might be making. Thats all that matters.




And just so people know none of the communication comes directly through the actual developer who is Hungarian with poor English and is deaf.....so expect a few communication hiccups. He did however work at one point with Peter Szabo the famous late Cryptographer with McAfee.

No disrespect. Its just sound bad.... especially for a new currency.

I dont blame you at all to think the way you do. Its just ironic  that because its so open and honest that it comes across as scammy in some way. I cant remeber a project ever developing like this before. The developer basically lost money in a scam ico.and instead of putting his plans into an ico he decided he could use this scam for initial distribution saving initial investors their money and building his project. As close followers we have found the project to be all about genuine integrity.  The coin sat on yobit for almost nothing for a week before I saw it. The developer could of bought those coins knowing he would release his plans and the price would rocket but obviously he didn't. I probbaly more than anyone bought coins cheap with very little buyers to compete with....honestly I couldnt believe my luck. Even after buying i shrilled a lot telliing people it was going to be huge but at least a week passed and still no major buying.  I dont feel bad as ive missed all the major coin rallies this year nem.eth all of them.

My point is I think the OP was trying to make claer that even though this coin started so low its not a shitty project.

Sounds like what happened with Bitbay.  Zimbeck caught in a scam ICO, and instead of abandoning the project, he worked 3 years with no dev fund to create one of the most under appreciated projects today.  I will look into xby.

I guess it's a similar starting point. But quite a big difference is Zimbeck was a big part of team when he realized he was in a scam, did he recieve any money from the scam? The developers of XBY were just small investors in a small exchange ICO sale that hooked up. Borzalom the developer just saw it as a good way to put his ideas into practice, actually now it won't have one line of code from scam, whole new concept and project they have moved onto a new coded chain.


One thing people forget is many tech developers don't actually care about money like many of these ICO teams do. Borzalom is similar to Zimbeck in that he just wants to code something great. Maybe there is some pride and desire for significance in that but money with the really genius developers isn't as big a factor as many of us think. Satoshi also I think didnt care about money, that's why he doesn't touch his stash. Borzalom has stated he wants to create something that changes and helps society....I personally think he will succeed. People will come to realize that XBY is a far better platform to build the future that the shaky flawed insecure ETH platform. Smart people should at least research this.

Zimbeck was on a team of 4 i believe and the only developer.  The funds raised were supposed to be used to bring on extra developers, but were ultimately stolen.  Still to this day he is the only developer, but the amount of work that he has accomplished is extremely impressive.  To me talented idealistic developers are the best investment you can make, as they are most likely to stick with their project despite any lulls in the market.  This is the first i'm hearing about XBY but i'll def look into it and it's history. 

You hit the nail on the head. Its the crazy developers that are passionate about the work that barely seem to give money much thought. Im basically investing in the talent and vision of Borzalom. The guy is a coding machine, going on teams feedback he just codes...and codes....and codes and doesnt stop if his house in on fire. Thats the kind of developer you want on your team.

[Fatoshi]

The project looks good, but coin mining takes a long time to gain wealth, like ETH etc, but the richness of coin mining is durable, unlike other projects

Not sure i understand what you mean as we dont have mining. But one thing i do know is innovative tech always...always succeeds in the end.

[cryptohunter]

It does look interesting. I am yet to jump in on it.

Where is anonymint when you need him to give an in depth analysis.

If I can get in at 200 sats I'll risk a bit on it.

[Ale88]

Any news about this coin?

[btc chod]

I truely believe while Bitcoin will always be number one there is a need for greater security. Thats why I went all in on Xtrabytes as it seems like the only coin that solves the flaws of POW and POS (51% attack). In time that will be I believe the only thing that matters in crypto ie security. Which is why it is almost a definite top 10 project. I could be wrong but I doubt it.

https://bitcointalk.org/index.php?topic=1864397.0

Luxcoin is a PoS/PoW hybrid too. But XBY has a lot more to offer services wise. Plus XBY is distributed much more evenly compared to Lux. So price volatility should be relatively better. Lets see where these 2 projects are after 2 yrs.

[fapnnap]

Do NOT buy this coin!!!!! you will lose money!!!
 
I made an account to post this, but I've been watching ANN for years.This coin has many MANY negatives. The price is being manipulated for personal gain by members of the XBY community on cryptopia. The people INCLUDE fishfish, ddelphius, and fatoshi. It's vaporware at this point and with the fake price, you will lose money. It started as a sob story, but none of it is real. Haven't you noticed that there is an unnatural BTC amount in addition to the lower volume on cryptopia...and all of the walls that control the price?

I REPEAT DO NOT INVEST IN VAPORWARE NO MATTER HOW TEMPTING IT IS. YOU CANNOT GAIN WHEN THE PRICE IS BEING MANIPULATED BY A SMALL GROUP OF INSIDERS!! I WAS THERE IN THE BEGINNING AND SEEN IT ALL, IT'S A SCAM JUST TO MAKE THE OWNERS RICH!!

please listen to me, i'm trying to save you guys from being bitconnect'd

This coin is just hype and vaporware, they lure you in with shilling and flash and dump it when the going gets rough. They don't have a working product yet either. If you look at CMC, it was pumped to 5800 satoshis (YES, 80 Cents and ONLY based on hype and shilling!) and was dumped all the way down to under 3000 while bagholders got stuck with the bill. So I repeat, pump and dump vaporware coin.

[fapnnap]

Do NOT buy this coin!!!!! you will lose money!!!
 
I made an account to post this, but I've been watching ANN for years.This coin has many MANY negatives. The price is being manipulated for personal gain by members of the XBY community on cryptopia. The people INCLUDE fishfish, ddelphius, and fatoshi. It's vaporware at this point and with the fake price, you will lose money. It started as a sob story, but none of it is real. Haven't you noticed that there is an unnatural BTC amount in addition to the lower volume on cryptopia...and all of the walls that control the price?

I REPEAT DO NOT INVEST IN VAPORWARE NO MATTER HOW TEMPTING IT IS. YOU CANNOT GAIN WHEN THE PRICE IS BEING MANIPULATED BY A SMALL GROUP OF INSIDERS!! I WAS THERE IN THE BEGINNING AND SEEN IT ALL, IT'S A SCAM JUST TO MAKE THE OWNERS RICH!!

please listen to me, i'm trying to save you guys from being bitconnect'd

This coin is just hype and vaporware, they lure you in with shilling and flash and dump it when the going gets rough. They don't have a working product yet either. If you look at CMC, it was pumped to 5800 satoshis (YES, 80 Cents and ONLY based on hype and shilling!) and was dumped all the way down to under 3000 while bagholders got stuck with the bill. So I repeat, pump and dump vaporware coin.

Think for a moment. have you ever considered why this coin is shilled so much when the testnet won't even be on the zoltchain and there's no proof?