[NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER

[mbauman89]

@Seethevalue

There are factors you are leaving out, such as the fact that there are changes coming but will not do that at this time because its a major update to the wallet and the last time we did an update it took about 2 months for Yobit to get us back online and Cryptopia about 2 weeks. The next change we make will have all factors considered.

Aside from that, please do us all a favor and make a direct comparison to how Bitcoincash or whatever other Bitcoin clone you wish to choose pays their miners and secures their network, to how we do things here at XBY. Then also make a comparison to the level of security offered and all the other critical elements that are often flaws with Bitcoin clones. This will help us all understand if you actually know the XTRABYTES technology or not. Seems you know something and perhaps your opinions are very good for people to read and listen to. But, lets make sure you have done your XBY homework first.

Thank you

thats irrelevant the price is clearly to high, because you don't create trade incentive, nobody cares about all that, if you are not willing to lower the price to increase volume of trade, it's all about trade. thats what everything comes down to. how much trade flows. trade is the driver of everything.  

bitcoin cash creates a high trade, incentive to trade. you don't.

you might have a good coin if you created a high trade incentive you don't, therefore what you said here is irrelevant, highly irrelevant. nobody cares if the is no trade incentive.  

Are you really arguing about tx fees as a major reason for this coin to be a bad coin? I don't think you are a trader because if you were you wouldn't be whining about a few pennies here and there. And you say it is irrelevant what CCRevolution said. How is it irrelevant if it directly addresses your concerns? Maybe your concerns are irrelevant then?

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[Yankeeruinx]

People seriously complaining about a $0.70 transaction charge when moving XBY from an exchange to a wallet when it is done extremely quickly and securely for ANY amount of XBY?

How much would BTC charge to move $10,000 worth of BTC and how long would it take?

I don't think this guy understands how transaction fees work with XBY, I think he thinks the charge is 50XBY per 1XBY moved so if you moved 1000XBY you would pay 50000XBY in fees lol

The fees will be reduced in time once there is enough stuff ready to do one big wallet update as mentioned previously last time their was a wallet update Yobit took months to update it locking everyones XBY on their exchange.

[CCRevolution]

@Seethevalue

There are factors you are leaving out, such as the fact that there are changes coming but will not do that at this time because its a major update to the wallet and the last time we did an update it took about 2 months for Yobit to get us back online and Cryptopia about 2 weeks. The next change we make will have all factors considered.

Aside from that, please do us all a favor and make a direct comparison to how Bitcoincash or whatever other Bitcoin clone you wish to choose pays their miners and secures their network, to how we do things here at XBY. Then also make a comparison to the level of security offered and all the other critical elements that are often flaws with Bitcoin clones. This will help us all understand if you actually know the XTRABYTES technology or not. Seems you know something and perhaps your opinions are very good for people to read and listen to. But, lets make sure you have done your XBY homework first.

Thank you

thats irrelevant the price is clearly to high, because you don't create trade incentive, nobody cares about all that, if you are not willing to lower the price to increase volume of trade, it's all about trade. thats what everything comes down to. how much trade flows. trade is the driver of everything.  

bitcoin cash creates a high trade, incentive to trade. you don't.

you might have a good coin if you created a high trade incentive you don't, therefore what you said here is irrelevant, highly irrelevant. nobody cares if the is no trade incentive.  

Actually, its completely relevant and show you are just blowing off steam here... You do not even realize that this is a different tech.

Let me make it easy for you:

When a miner wins at Bitcoincash, what do they get? Correct... they get Bitcoincash coins...

We don't have available coins here at XBY... our fees are what keeps our FAR SUPERIOR network of STATIC miners online and in the long run, you will see this. But, you need to do your homework first.

[seethevalue]

@Seethevalue

There are factors you are leaving out, such as the fact that there are changes coming but will not do that at this time because its a major update to the wallet and the last time we did an update it took about 2 months for Yobit to get us back online and Cryptopia about 2 weeks. The next change we make will have all factors considered.

Aside from that, please do us all a favor and make a direct comparison to how Bitcoincash or whatever other Bitcoin clone you wish to choose pays their miners and secures their network, to how we do things here at XBY. Then also make a comparison to the level of security offered and all the other critical elements that are often flaws with Bitcoin clones. This will help us all understand if you actually know the XTRABYTES technology or not. Seems you know something and perhaps your opinions are very good for people to read and listen to. But, lets make sure you have done your XBY homework first.

Thank you

thats irrelevant the price is clearly to high, because you don't create trade incentive, nobody cares about all that, if you are not willing to lower the price to increase volume of trade, it's all about trade. thats what everything comes down to. how much trade flows. trade is the driver of everything.  

bitcoin cash creates a high trade, incentive to trade. you don't.

you might have a good coin if you created a high trade incentive you don't, therefore what you said here is irrelevant, highly irrelevant. nobody cares if the is no trade incentive.  

Actually, its completely relevant and show you are just blowing off steam here... You do not even realize that this is a different tech.

Let me make it easy for you:

When a miner wins at Bitcoincash, what do they get? Correct... they get Bitcoincash coins...

We don't have available coins here at XBY... our fees are what keeps our FAR SUPERIOR network of STATIC miners online and in the long run, you will see this. But, you need to do your homework first.

no it's all about the price you are taking for your currency. thats what it's about. i'm not blowing off steam, what a fool. nothing to do with this, it's about the charge for your coin when exchanged, thats to high for everyone if bitcoin was created with that high a charge nobody would of bought it. same goes for this coin. nobody will buy it with a high charge. it's obvious. anything you say is not relevant to this fact, nothing at all.

what you are saying is not relevant as long as you take that many coins.

if bitcoin was taking 75 coins off people at the very start they would never of bought it.

[Yankeeruinx]

Please answer me this:

How much does it cost to move $10,000 worth of BTC?

How much does it cost to move $10,000 worth of XBY?

It costs $0.70 for XBY and will be completed very quickly, whats the answer for BTC and how long does it take?

[seethevalue]

Please answer me this:

How much does it cost to move $10,000 worth of BTC?

How much does it cost to move $10,000 worth of XBY?

It costs $0.70 for XBY and will be completed very quickly, whats the answer for BTC and how long does it take?

you are taking 75 coins apparently it's gone up, it's ridiculous, if you want to be serious idea it should be way less. it's not going to drive price having it so high, it's not in relation to bitcoin that matters it matters how much the coin exchanges for, if you buy coins and send coins buy something, you have to tipple the amount lost in-case you have to send it to new exchanges or cash out. so you make 3 transactions you'd have to put the price up by 75 x 3. because thats extra coins to do business, thats not attractive to set up a business use the coins.

it's not a practical way to use a coin. it makes no sense. the is no point in saying this is the bitcoin price so we must charge this amount. it's such a irrelevant way of looking at any situation.

it's lunatic nonsense

all the other things they say is nonsense as well. people are happy to use what they want to use. they don't want to use Xtrabytes otherwise the price would be doing better. it's not.

the evidence backs my point not his.

[CCRevolution]

@Seethevalue

There are factors you are leaving out, such as the fact that there are changes coming but will not do that at this time because its a major update to the wallet and the last time we did an update it took about 2 months for Yobit to get us back online and Cryptopia about 2 weeks. The next change we make will have all factors considered.

Aside from that, please do us all a favor and make a direct comparison to how Bitcoincash or whatever other Bitcoin clone you wish to choose pays their miners and secures their network, to how we do things here at XBY. Then also make a comparison to the level of security offered and all the other critical elements that are often flaws with Bitcoin clones. This will help us all understand if you actually know the XTRABYTES technology or not. Seems you know something and perhaps your opinions are very good for people to read and listen to. But, lets make sure you have done your XBY homework first.

Thank you

thats irrelevant the price is clearly to high, because you don't create trade incentive, nobody cares about all that, if you are not willing to lower the price to increase volume of trade, it's all about trade. thats what everything comes down to. how much trade flows. trade is the driver of everything.  

bitcoin cash creates a high trade, incentive to trade. you don't.

you might have a good coin if you created a high trade incentive you don't, therefore what you said here is irrelevant, highly irrelevant. nobody cares if the is no trade incentive.  

Actually, its completely relevant and show you are just blowing off steam here... You do not even realize that this is a different tech.

Let me make it easy for you:

When a miner wins at Bitcoincash, what do they get? Correct... they get Bitcoincash coins...

We don't have available coins here at XBY... our fees are what keeps our FAR SUPERIOR network of STATIC miners online and in the long run, you will see this. But, you need to do your homework first.

no it's all about the price you are taking for your currency. thats what it's about. i'm not blowing off steam, what a fool. nothing to do with this, it's about the charge for your coin when exchanged, thats to high for everyone if bitcoin was created with that high a charge nobody would of bought it. same goes for this coin. nobody will buy it with a high charge. it's obvious. anything you say is not relevant to this fact, nothing at all.

what you are saying is not relevant as long as you take that many coins.

if bitcoin was taking 75 coins off people at the very start they would never of bought it.

Problem is that your entire conversation is off the mark because you are trying to compare something that is completely incomparable. But, thats fine. You think whatever you want. Anyone doing their due diligence is a long term holder and are quite fine to wait while we continue working on the tech and they know (as you have also just been told) that the fees will be reduced later.  

[seethevalue]

@Seethevalue

There are factors you are leaving out, such as the fact that there are changes coming but will not do that at this time because its a major update to the wallet and the last time we did an update it took about 2 months for Yobit to get us back online and Cryptopia about 2 weeks. The next change we make will have all factors considered.

Aside from that, please do us all a favor and make a direct comparison to how Bitcoincash or whatever other Bitcoin clone you wish to choose pays their miners and secures their network, to how we do things here at XBY. Then also make a comparison to the level of security offered and all the other critical elements that are often flaws with Bitcoin clones. This will help us all understand if you actually know the XTRABYTES technology or not. Seems you know something and perhaps your opinions are very good for people to read and listen to. But, lets make sure you have done your XBY homework first.

Thank you

thats irrelevant the price is clearly to high, because you don't create trade incentive, nobody cares about all that, if you are not willing to lower the price to increase volume of trade, it's all about trade. thats what everything comes down to. how much trade flows. trade is the driver of everything.  

bitcoin cash creates a high trade, incentive to trade. you don't.

you might have a good coin if you created a high trade incentive you don't, therefore what you said here is irrelevant, highly irrelevant. nobody cares if the is no trade incentive.  

Actually, its completely relevant and show you are just blowing off steam here... You do not even realize that this is a different tech.

Let me make it easy for you:

When a miner wins at Bitcoincash, what do they get? Correct... they get Bitcoincash coins...

We don't have available coins here at XBY... our fees are what keeps our FAR SUPERIOR network of STATIC miners online and in the long run, you will see this. But, you need to do your homework first.

no it's all about the price you are taking for your currency. thats what it's about. i'm not blowing off steam, what a fool. nothing to do with this, it's about the charge for your coin when exchanged, thats to high for everyone if bitcoin was created with that high a charge nobody would of bought it. same goes for this coin. nobody will buy it with a high charge. it's obvious. anything you say is not relevant to this fact, nothing at all.

what you are saying is not relevant as long as you take that many coins.

if bitcoin was taking 75 coins off people at the very start they would never of bought it.

Problem is that your entire conversation is off the mark because you are trying to compare something that is completely incomparable. But, thats fine. You think whatever you want. Anyone doing their due diligence is a long term holder and are quite fine to wait while we continue working on the tech and they know (as you have also just been told) that the fees will be reduced later.  

by having it so high you are stopping already functioning business from implementing your coin.
anything else is irrelevant. you can bang on about you are doing, all day long, but thats not helping growth, because to help growth you have to make the currency realistic in the now.

[Yankeeruinx]

I'm pretty sure that once things start rolling out for XBY the transaction fee will be set as a % like 0.5% or something, it won't be what it currently is forever lol

[CCRevolution]

Please answer me this:

How much does it cost to move $10,000 worth of BTC?

How much does it cost to move $10,000 worth of XBY?

It costs $0.70 for XBY and will be completed very quickly, whats the answer for BTC and how long does it take?

you are taking 75 coins apparently it's gone up, it's ridiculous, if you want to be serious idea it should be way less. it's not going to drive price having it so high, it's not in relation to bitcoin that matters it matters how much the coin exchanges for, if you buy coins and send coins buy something, you have to tipple the amount lost in-case you have to send it to new exchanges or cash out. so you make 3 transactions you'd have to put the price up by 75 x 3. because thats extra coins to do business, thats not attractive to set up a business use the coins.

it's not a practical way to use a coin. it makes no sense. the is no point in saying this is the bitcoin price so we must charge this amount. it's such a irrelevant way of looking at any situation.

it's lunatic nonsense

all the other things they say is nonsense as well. people are happy to use what they want to use. they don't want to use Xtrabytes otherwise the price would be doing better. it's not.

the evidence backs my point not his.

Look, you really do not know what you are talking about. The fees for trading are normal fees charged by the exchanges. The higher fees are ONLY for moving to the external wallets. A person can trade all day long, moving thousands or millions of coins and pay normal fees. Then, at the end of the day, they move their coins offline for 50 XBY and yes Cryptopia added 25 on top... But this is ONLY for transfer to wallet. Eventually, these transactions fees for external wallets are being reduced.

[CCRevolution]

I'm pretty sure that once things start rolling out for XBY the transaction fee will be set as a % like 0.5% or something, it won't be what it currently is forever lol

The plan is actually to have a scaled fees system, there will not be a set amount and transfer between 2 known wallets (friends for example) may be set to ZERO. We will see when the time comes but for now, getting the system online is top priority.

[fishfishfish313]

Interesting:

When you purchase XBY on an exchange, you are NOT required to pay the transaction fee.  

nobody will buy it with a high charge.

I did.  Others did.  So the blanket statement of nobody is an incorrect one.  Perhaps, you should say, "I won't buy it with that size transaction fee."  Remember as well, that the tx fees go to a special address that is to be used for development funding.  A long term holder and believer in the project needs to send 1 tx to a personal wallet from an exchange. A trader who conducts business on one exchange pays zero transaction fees because they are not moving the coins.  

Node holders voted on the amount some time ago, and it was clearly discussed that at some point, the fee could be changed.  There are no issues at this time with the transaction fee.  Maybe it deterred YOU from trading, though I don't see why.  It has been explained numerous times in the last 30 mins.

In other news:  Looks like there are some good things happening.  All this tx fee talk is a red herring anyways  

[seethevalue]

Please answer me this:

How much does it cost to move $10,000 worth of BTC?

How much does it cost to move $10,000 worth of XBY?

It costs $0.70 for XBY and will be completed very quickly, whats the answer for BTC and how long does it take?

you are taking 75 coins apparently it's gone up, it's ridiculous, if you want to be serious idea it should be way less. it's not going to drive price having it so high, it's not in relation to bitcoin that matters it matters how much the coin exchanges for, if you buy coins and send coins buy something, you have to tipple the amount lost in-case you have to send it to new exchanges or cash out. so you make 3 transactions you'd have to put the price up by 75 x 3. because thats extra coins to do business, thats not attractive to set up a business use the coins.

it's not a practical way to use a coin. it makes no sense. the is no point in saying this is the bitcoin price so we must charge this amount. it's such a irrelevant way of looking at any situation.

it's lunatic nonsense

all the other things they say is nonsense as well. people are happy to use what they want to use. they don't want to use Xtrabytes otherwise the price would be doing better. it's not.

the evidence backs my point not his.

Look, you really do not know what you are talking about. The fees for trading are normal fees charged by the exchanges. The higher fees are ONLY for moving to the external wallets. A person can trade all day long, moving thousands or millions of coins and pay normal fees. Then, at the end of the day, they move their coins offline for 50 XBY and yes Cryptopia added 25 on top... But this is ONLY for transfer to wallet. Eventually, these transactions fees for external wallets are being reduced.

you can click on coinmarket cap here, https://coinmarketcap.com/all/views/all/

click on trade volume, you are not where near anyone decent coins. who cares about cryptopia

you have  $22,209 trade volume and you are really far down the list, thats not good, but i don't know what i'm talking about? get real? lol..

thats some laughable nonsense right here. $22,209. lol..

thats only $10000 more than PRCoin which is scam coin. lol..funny guy.

[CCRevolution]

Please answer me this:

How much does it cost to move $10,000 worth of BTC?

How much does it cost to move $10,000 worth of XBY?

It costs $0.70 for XBY and will be completed very quickly, whats the answer for BTC and how long does it take?

you are taking 75 coins apparently it's gone up, it's ridiculous, if you want to be serious idea it should be way less. it's not going to drive price having it so high, it's not in relation to bitcoin that matters it matters how much the coin exchanges for, if you buy coins and send coins buy something, you have to tipple the amount lost in-case you have to send it to new exchanges or cash out. so you make 3 transactions you'd have to put the price up by 75 x 3. because thats extra coins to do business, thats not attractive to set up a business use the coins.

it's not a practical way to use a coin. it makes no sense. the is no point in saying this is the bitcoin price so we must charge this amount. it's such a irrelevant way of looking at any situation.

it's lunatic nonsense

all the other things they say is nonsense as well. people are happy to use what they want to use. they don't want to use Xtrabytes otherwise the price would be doing better. it's not.

the evidence backs my point not his.

Look, you really do not know what you are talking about. The fees for trading are normal fees charged by the exchanges. The higher fees are ONLY for moving to the external wallets. A person can trade all day long, moving thousands or millions of coins and pay normal fees. Then, at the end of the day, they move their coins offline for 50 XBY and yes Cryptopia added 25 on top... But this is ONLY for transfer to wallet. Eventually, these transactions fees for external wallets are being reduced.

you can click on coinmarket cap here, https://coinmarketcap.com/all/views/all/

click on trade volume, you are not where near anyone decent coins. who cares about cryptopia

More importantly, between our 3 exchanges we have the following amounts of coins for sale:

Cryptopia: 15.5 million
C-CEX: 13.4 million
Yobit: Unknown but likely far less since we advised people to move away from this exchange

This is out of a total liquid supply of about 430 million XBY. This means less than 10% of XBY is available for sale.

XTRABYTES is a future giant... We are building something that will change the industry because the Blockchain can be better and we are making several critical changes to make our coin far superior. Clearly the majority of the XTRABYTES Community sees this and therefore they are not selling... Others, such as yourself are more than welcome to complain but in your own best interest, we encourage you to do your homework.

Thank you!

[seethevalue]

Please answer me this:

How much does it cost to move $10,000 worth of BTC?

How much does it cost to move $10,000 worth of XBY?

It costs $0.70 for XBY and will be completed very quickly, whats the answer for BTC and how long does it take?

you are taking 75 coins apparently it's gone up, it's ridiculous, if you want to be serious idea it should be way less. it's not going to drive price having it so high, it's not in relation to bitcoin that matters it matters how much the coin exchanges for, if you buy coins and send coins buy something, you have to tipple the amount lost in-case you have to send it to new exchanges or cash out. so you make 3 transactions you'd have to put the price up by 75 x 3. because thats extra coins to do business, thats not attractive to set up a business use the coins.

it's not a practical way to use a coin. it makes no sense. the is no point in saying this is the bitcoin price so we must charge this amount. it's such a irrelevant way of looking at any situation.

it's lunatic nonsense

all the other things they say is nonsense as well. people are happy to use what they want to use. they don't want to use Xtrabytes otherwise the price would be doing better. it's not.

the evidence backs my point not his.

Look, you really do not know what you are talking about. The fees for trading are normal fees charged by the exchanges. The higher fees are ONLY for moving to the external wallets. A person can trade all day long, moving thousands or millions of coins and pay normal fees. Then, at the end of the day, they move their coins offline for 50 XBY and yes Cryptopia added 25 on top... But this is ONLY for transfer to wallet. Eventually, these transactions fees for external wallets are being reduced.

you can click on coinmarket cap here, https://coinmarketcap.com/all/views/all/

click on trade volume, you are not where near anyone decent coins. who cares about cryptopia

More importantly, between our 3 exchanges we have the following amounts of coins for sale:

Cryptopia: 15.5 million
C-CEX: 13.4 million
Yobit: Unknown but likely far less since we advised people to move away from this exchange

This is out of a total liquid supply of about 430 million XBY. This means less than 10% of XBY is available for sale.

XTRABYTES is a future giant... We are building something that will change the industry because the Blockchain can be better and we are making several critical changes to make our coin far superior. Clearly the majority of the XTRABYTES Community sees this and therefore they are not selling... Others, such as yourself are more than welcome to complain but in your own best interest, we encourage you to do your homework.

Thank you!

still irrelevant, you can release all the tech in the world and won't raise trade volume till you lower the cost of transaction

[CCRevolution]

Please answer me this:

How much does it cost to move $10,000 worth of BTC?

How much does it cost to move $10,000 worth of XBY?

It costs $0.70 for XBY and will be completed very quickly, whats the answer for BTC and how long does it take?

you are taking 75 coins apparently it's gone up, it's ridiculous, if you want to be serious idea it should be way less. it's not going to drive price having it so high, it's not in relation to bitcoin that matters it matters how much the coin exchanges for, if you buy coins and send coins buy something, you have to tipple the amount lost in-case you have to send it to new exchanges or cash out. so you make 3 transactions you'd have to put the price up by 75 x 3. because thats extra coins to do business, thats not attractive to set up a business use the coins.

it's not a practical way to use a coin. it makes no sense. the is no point in saying this is the bitcoin price so we must charge this amount. it's such a irrelevant way of looking at any situation.

it's lunatic nonsense

all the other things they say is nonsense as well. people are happy to use what they want to use. they don't want to use Xtrabytes otherwise the price would be doing better. it's not.

the evidence backs my point not his.

Look, you really do not know what you are talking about. The fees for trading are normal fees charged by the exchanges. The higher fees are ONLY for moving to the external wallets. A person can trade all day long, moving thousands or millions of coins and pay normal fees. Then, at the end of the day, they move their coins offline for 50 XBY and yes Cryptopia added 25 on top... But this is ONLY for transfer to wallet. Eventually, these transactions fees for external wallets are being reduced.

you can click on coinmarket cap here, https://coinmarketcap.com/all/views/all/

click on trade volume, you are not where near anyone decent coins. who cares about cryptopia

More importantly, between our 3 exchanges we have the following amounts of coins for sale:

Cryptopia: 15.5 million
C-CEX: 13.4 million
Yobit: Unknown but likely far less since we advised people to move away from this exchange

This is out of a total liquid supply of about 430 million XBY. This means less than 10% of XBY is available for sale.

XTRABYTES is a future giant... We are building something that will change the industry because the Blockchain can be better and we are making several critical changes to make our coin far superior. Clearly the majority of the XTRABYTES Community sees this and therefore they are not selling... Others, such as yourself are more than welcome to complain but in your own best interest, we encourage you to do your homework.

Thank you!

still irrelevant, you can release all the tech in the world and won't raise trade volume till you lower the cost of transaction

We have already mentioned several times in this exchange of information that the fees will be adjusted. Thank you for the opportunity to post about this on our forum today. You should check out the new forum we are working on at https://community.xtrabytes.global/ This will be our resource central when it is completed. Several people are working hard behind the scenes to get this set up. 

[SupremeGoose]

seethevalue:

It's a very young project. Please learn more about the project, browse some historical links, you will understand more.

Here are some historical links for you:

https://bitcointalk.org/index.php?topic=1864397.msg22826631#msg22826631

And I also think that you might find this blog interesting: http://www.xtrabytes.today

Thank you.

[PeoplePower]

We have already mentioned several times in this exchange of information that the fees will be adjusted. Thank you for the opportunity to post about this on our forum today. You should check out the new forum we are working on at https://community.xtrabytes.global/ This will be our resource central when it is completed. Several people are working hard behind the scenes to get this set up. 

I like it! Our own forums now. Keep up the good work, CCR and team!

[Neversettle]

We have already mentioned several times in this exchange of information that the fees will be adjusted. Thank you for the opportunity to post about this on our forum today. You should check out the new forum we are working on at https://community.xtrabytes.global/ This will be our resource central when it is completed. Several people are working hard behind the scenes to get this set up. 

I like it! Our own forums now. Keep up the good work, CCR and team!

I really like the progress beeing made. Any way to have weekly updates or so?

[CCRevolution]

We have already mentioned several times in this exchange of information that the fees will be adjusted. Thank you for the opportunity to post about this on our forum today. You should check out the new forum we are working on at https://community.xtrabytes.global/ This will be our resource central when it is completed. Several people are working hard behind the scenes to get this set up. 

I like it! Our own forums now. Keep up the good work, CCR and team!

I really like the progress beeing made. Any way to have weekly updates or so?

One of our ultimate goals is indeed regular updates. So much is being juggled at this time and progress is more like a major unilateral advancement than a specific point of focus. We will get there...