[ANN] [XEL] :: XEL - The Decentralized Supercomputer ::

[toonwer]

can anybody explain in a few words. What the diff between elastic and ethereum? By the way, is it possible to compare this coins?

check this blogpost https://www.elastic.pw/blog/2017-04-05-elastic-compared-to-other-competitors/

interesting and enlightening article. As i expected each of this projects had it's pros ad cons. Consider to make investment in this promising project.

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[LamboMoonYacht]

How does this project compare to Golem?

This project doesn't compare to Golem. Golem is more advanced and capable in every way, and that's reflected in its marketcap. You can read a more reliable assessment of Golem's plans here: https://blog.golemproject.net/the-challenges-ahead-933f040cba95

The XEL fanboys want you to think Golem is nothing but a glorified rendering machine, but that's only so they can trick you into buying their worthless XEL coins at 100x the ICO price:

Task definition and verification

Golem requires a foundation suitable for creating distributed tasks of general and specific applications (e.g. rendering vs a custom application). A task definition framework and related API calls are being developed in order to streamline the creation process. By providing templates for common applications, this system will help users define task parameters and prerequisites, break tasks down to subtasks, and create verification and result collection processes.

You might be interested in these other tidbits about XEL too:

• The original developer (Lannister) abandoned the project
• There is no current white paper
• The new developer insists on remaining anonymous, which will most likely prevent XEL from being listed on major exchanges. It also means he can easily take the money and disappear if these coins ever become valuable
• The current marketcap was basically pulled out of thin air by the few people who hold the majority of XEL. 25k sats is an absurd price for this coin. Even 5k sats is a ripoff

Get a fucking life - if you really dont have anything better to do than constantly spam a coin thread, that is fucking sad.

If I save a few more people from getting scammed by XEL, it's worth it!

[clivemy]

Wow.  Golem has lost $150 million in a day!

Still, it was waaaaay over priced.

[mr.coinzy]

Wow.  Golem has lost $150 million in a day!

Still, it was waaaaay over priced.

The whole market was/is way over hyped and inflated and now some of the hot air is finally leaving.
Nevertheless, Elastic is undervalued compared to any of the other projects in the same field and despite the correction that is happening and is still due in the market.

[Soul_eater_123]

Wow.  Golem has lost $150 million in a day!

Still, it was waaaaay over priced.

The whole market was/is way over hyped and inflated and now some of the hot air is finally leaving.
Nevertheless, Elastic is undervalued compared to any of the other projects in the same field and despite the correction that is happening and is still due in the market.

I suspect it is temporary though.  It will start inflating again within a few days.

[clivemy]

Wow.  Golem has lost $150 million in a day!

Still, it was waaaaay over priced.

The whole market was/is way over hyped and inflated and now some of the hot air is finally leaving.
Nevertheless, Elastic is undervalued compared to any of the other projects in the same field and despite the correction that is happening and is still due in the market.

I suspect it is temporary though.  It will start inflating again within a few days.

I've yet to see a good analysis of where all the billions have come from this year.  It could be central banks pumping it up for all we know.

[Soul_eater_123]

I've yet to see a good analysis of where all the billions have come from this year.  It could be central banks pumping it up for all we know.

It's supposed to be people from the Far East (mainly Japan).  As a result of low interest rates people are looking for new investments that give a higher return.  The new legal status of bitcoin in Japan has created FOMO there.  That is the official story I've been hearing but not sure if there is anyway to be sure.

[toonwer]

When i found out the truth about Lannister i was shocked. Very sad to hear that mr Lannister nearly buried this project. These 700 btc were a chance for XEL to play on another level in crypto.
https://i.imgflip.com/le2v4.jpg

[clivemy]

I've yet to see a good analysis of where all the billions have come from this year.  It could be central banks pumping it up for all we know.

It's supposed to be people from the Far East (mainly Japan).  As a result of low interest rates people are looking for new investments that give a higher return.  The new legal status of bitcoin in Japan has created FOMO there.  That is the official story I've been hearing but not sure if there is anyway to be sure.

I heard that story too, but I've never seen the evidence to back it up.  I wonder if we'll ever know?

[toonwer]

When i found out the truth about Lannister i was shocked. Very sad to hear that mr Lannister nearly buried this project. These 700 btc were a chance for XEL to play on another level in crypto.
https://i.imgflip.com/le2v4.jpg

Holy crap, were the donations really up to 700 BTC when he disappeared? Where did you find that info?

lol f*ck me. it's my fold. I got that wrong.

[TheCrimsonFucker]

I've yet to see a good analysis of where all the billions have come from this year.  It could be central banks pumping it up for all we know.

It's supposed to be people from the Far East (mainly Japan).  As a result of low interest rates people are looking for new investments that give a higher return.  The new legal status of bitcoin in Japan has created FOMO there.  That is the official story I've been hearing but not sure if there is anyway to be sure.

It's an interesting thought, but it's not only in Japan, it is very strong and people are very interested! India is also in the process of legalization! Many billions of dollars can be injected! Asians are very interested in Elastic! Just Elastic entra em uma troca oriental para ver uma enorme FOMO!

[bkeenan]

Ive been waiting 2 days for my heat btc withdrawal. Careful guys and girls!

[devking]

Hey LamboMoonYacht

Dont worry about XEL exchanges and Xel itself, you wont get cheap XEL anymore.

We can succeed without exchanges. I am currently developing an escrow service with automatic withdrawal and deposits (XEL/BTC). Also Mobile apps and a windows lite wallet without any full node elastic install.

[Evil-Knievel]

Please take care of all losers with an IQ below 60. It is getting uncomfortable here and it makes no fun to reading regularly.
What began like an interesting discussion between scientists and researchers quickly transformed into a huge shithole. I wonder where such people come from???

[clivemy]

Professor Elemental & Tom Caruana: Don't Feed The Trolls

https://youtu.be/jclPWidTfak

:-)

[dumple]

Please take care of all losers with an IQ below 60. It is getting uncomfortable here and it makes no fun to reading regularly.
What began like an interesting discussion between scientists and researchers quickly transformed into a huge shithole. I wonder where such people come from???

Pretty sure they're trying to discredit the project so they can scoop up cheap coins. They only started appearing once the litewallet and OTC trading started.

[Sharky444]

I think the lite wallet should be renamed to trade-wallet or basic-wallet. It's not really a lite wallet, but a wallet that is not yet fully featured.

[coralreefer]

We can succeed without exchanges. I am currently developing an escrow service with automatic withdrawal and deposits (XEL/BTC). Also Mobile apps and a windows lite wallet without any full node elastic install.

Nice work devking.

I think this helps illustrate what several of us have been saying.  Elastic is a community project...people are contributing in the ways they feel are best.  Yes, ultimately it will be nice if there is a foundation w/ a couple of community leaders, but the bulk of the work will probably continue to be done by people that volunteer their time.

[Soul_eater_123]

We can succeed without exchanges. I am currently developing an escrow service with automatic withdrawal and deposits (XEL/BTC). Also Mobile apps and a windows lite wallet without any full node elastic install.

Nice work devking.

I think this helps illustrate what several of us have been saying.  Elastic is a community project...people are contributing in they ways they feel are best.  Yes, ultimately it will be nice if there is a foundation w/ a couple of community leaders, but the bulk of the work will probably continue to be done by people that volunteer their time.

Exactly and am sure there are many people like myself who will be happy to support a foundation with funding.  I'm not rich but I am happy to contribute.  I would rather be part of something important than just make a quick buck.

[smokim87]

Hey guys, bought some XEL from heat and withdrew it to my XEL wallet. I read that it takes 20 confirmations on the Heat blockchain to receive the XEL but it's been almost double the confirmations and nothing showing up yet. Anyone have an idea how long it takes on average?