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Author Topic: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::  (Read 198226 times)
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CryptoBattlesX
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July 06, 2017, 10:43:55 AM
 #1481

To all N00bs & Dumpers,

XEL Party just started and it wont stop. More tech coming. Wait, Watch and Cry.



decided to buy xel at the current price. really hope it's a bottom.

It will go bellow 10k thought
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pumpmydump
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July 06, 2017, 10:48:05 AM
 #1482

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
Metros
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July 06, 2017, 10:55:06 AM
 #1483

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?
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July 06, 2017, 10:55:43 AM
 #1484

To all N00bs & Dumpers,
XEL Party just started and it wont stop. More tech coming. Wait, Watch and Cry.
decided to buy xel at the current price. really hope it's a bottom.

It will go bellow 10k thought
well Then I'll wait  Grin thx for notice

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July 06, 2017, 11:14:10 AM
 #1485

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?
700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then)
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July 06, 2017, 11:22:56 AM
 #1486

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?
700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then)
didn't know it till today. Where can i find info about how many xel holders?

bitcoinpaul
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July 06, 2017, 11:23:31 AM
 #1487

No ICO Roll Eyes Donators donated to fund the early development.
Metros
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July 06, 2017, 11:24:59 AM
 #1488

No ICO Roll Eyes Donators donated to fund the early development.

Oh so no ICO then it was a whales invest.

Can be like 200 Whales and that's it right..
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July 06, 2017, 11:32:10 AM
 #1489

How come transaction fees are so high?

Twitter: @Jupiter00000
pumpmydump
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July 06, 2017, 11:46:08 AM
 #1490

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?
700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then)
didn't know it till today. Where can i find info about how many xel holders?
http://elasticexplorer.org/ at the bottom of the page

Top 10 balances hold 50% of the circulating supply. Top 100 balances hold 94% of the circulating supply.

The guy ranked 100 can dump 15 btc of XEL, the guy ranked 10 can dump 300 btc


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July 06, 2017, 11:49:19 AM
 #1491

No ICO Roll Eyes Donators donated to fund the early development.

Oh so no ICO then it was a whales invest.

Can be like 200 Whales and that's it right..

Whales invest? LOL, i know several folks who invested a fraction of a Bitcoin. How is that a "whales invest"?

It was basically an ICO just with the big difference that no obligation whatsoever was being made. Was it risky? Of course it was, but that's how crypto works.
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July 06, 2017, 12:03:52 PM
 #1492

Any one mind to tell if XEL is Proof of Stake?

Is it possible to stake it ?

You can "stake" it to earn a share of transaction fees.  Not much right now but might be eventually.

So it's not PoS even yet?

It's PoS without inflation at the moment. So rewards come solely from fees.

Longterm there will be a reward for solving tasks sent to the network. Something like Masternodes is being thought of but not definitely decided yet.

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July 06, 2017, 12:04:52 PM
 #1493

How come transaction fees are so high?

0.1XEL equals 0.03$ these days. How is that "high"?
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July 06, 2017, 12:11:46 PM
 #1494

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?
700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then)
didn't know it till today. Where can i find info about how many xel holders?
http://elasticexplorer.org/ at the bottom of the page

Top 10 balances hold 50% of the circulating supply.

LOL, how about you doing the most basic research before you start spreading crap?

If you want to see the XEL-distribution after the ICO go and have a look at the genesis entry record. Since the network runs since a few weeks now lots of XEL have changed hands and the accounts you are naming "whales" here are nothing else then the XEL-accounts of the exchanges. Namely Bittrex on top with its 15Mio XEL wallet.

Try harder next time.  Grin

mr.coinzy
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July 06, 2017, 12:36:00 PM
 #1495

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?
700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then)
didn't know it till today. Where can i find info about how many xel holders?
http://elasticexplorer.org/ at the bottom of the page

Top 10 balances hold 50% of the circulating supply.

LOL, how about you doing the most basic research before you start spreading crap?

If you want to see the XEL-distribution after the ICO go and have a look at the genesis entry record. Since the network runs since a few weeks now lots of XEL have changed hands and the accounts you are naming "whales" here are nothing else then the XEL-accounts of the exchanges. Namely Bittrex on top with its 15Mio XEL wallet.

Try harder next time.  Grin



They don't make the trolls today like they used to... today trolls want instant FUD results with minimal effort, it's just sad to see.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
pumpmydump
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July 06, 2017, 12:57:34 PM
 #1496

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?
700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then)
didn't know it till today. Where can i find info about how many xel holders?
http://elasticexplorer.org/ at the bottom of the page

Top 10 balances hold 50% of the circulating supply.

LOL, how about you doing the most basic research before you start spreading crap?

If you want to see the XEL-distribution after the ICO go and have a look at the genesis entry record. Since the network runs since a few weeks now lots of XEL have changed hands and the accounts you are naming "whales" here are nothing else then the XEL-accounts of the exchanges. Namely Bittrex on top with its 15Mio XEL wallet.

Try harder next time.  Grin



Oh yea the XEL accounts of the exchanges, sitting at a whopping number of two!

Besides Bittrex there is Heat (XEL-WESJ-3UCL-7UTC-894KZ) with 275,000 XEL and ... that's it

I didn't take Bittrex into account my bad, that still doesn't look good

Conservatively that makes 35-40% of the supply for the top 10 balances and 85-90% for the top 100 balances
ImI
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July 06, 2017, 01:07:41 PM
 #1497

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?
700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then)
didn't know it till today. Where can i find info about how many xel holders?
http://elasticexplorer.org/ at the bottom of the page

Top 10 balances hold 50% of the circulating supply.

LOL, how about you doing the most basic research before you start spreading crap?

If you want to see the XEL-distribution after the ICO go and have a look at the genesis entry record. Since the network runs since a few weeks now lots of XEL have changed hands and the accounts you are naming "whales" here are nothing else then the XEL-accounts of the exchanges. Namely Bittrex on top with its 15Mio XEL wallet.

Try harder next time.  Grin



Oh yea the XEL accounts of the exchanges, sitting at a whopping number of two!

Besides Bittrex there is Heat (XEL-WESJ-3UCL-7UTC-894KZ) with 275,000 XEL and ... that's it

I didn't take Bittrex into account my bad, that still doesn't look good

Conservatively that makes 35-40% of the supply for the top 10 balances and 85-90% for the top 100 balances


First, yes those 15m XEL of Bittrex MAKE a difference.

Second, if you want to examine the Donation/ICO-Distribution go ahead and have a look at the Donation/ICO-Distribution. But don't come after weeks of trading and whine about you not liking seeing some bigger accounts.

Third, if investing in Cryptocurrencies THE LAST THING i was worried about is if there are folks with more dough than me. It's all about development and passion for the project. Simple as that when it comes to (successful) investing.

mr.coinzy
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July 06, 2017, 01:09:31 PM
 #1498

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?
700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then)
didn't know it till today. Where can i find info about how many xel holders?
http://elasticexplorer.org/ at the bottom of the page

Top 10 balances hold 50% of the circulating supply.

LOL, how about you doing the most basic research before you start spreading crap?

If you want to see the XEL-distribution after the ICO go and have a look at the genesis entry record. Since the network runs since a few weeks now lots of XEL have changed hands and the accounts you are naming "whales" here are nothing else then the XEL-accounts of the exchanges. Namely Bittrex on top with its 15Mio XEL wallet.

Try harder next time.  Grin



Oh yea the XEL accounts of the exchanges, sitting at a whopping number of two!

Besides Bittrex there is Heat (XEL-WESJ-3UCL-7UTC-894KZ) with 275,000 XEL and ... that's it

I didn't take Bittrex into account my bad, that still doesn't look good

Conservatively that makes 35-40% of the supply for the top 10 balances and 85-90% for the top 100 balances


In regard to the first bigger accounts, if you deduct the first bittrex address it accounts for ~25%, and due to the amount of XEL that has been traded since launch it is natural that some people with deeper pockets will buy more ("whales"/larger holders exist in most traded coins/projects). It is the case in any project.
Over time the distribution will be greater among a larger amount of people.
Your attempt to prove your point is pretty weak at best.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
pumpmydump
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July 06, 2017, 01:28:49 PM
 #1499

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?
700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then)
didn't know it till today. Where can i find info about how many xel holders?
http://elasticexplorer.org/ at the bottom of the page

Top 10 balances hold 50% of the circulating supply.

LOL, how about you doing the most basic research before you start spreading crap?

If you want to see the XEL-distribution after the ICO go and have a look at the genesis entry record. Since the network runs since a few weeks now lots of XEL have changed hands and the accounts you are naming "whales" here are nothing else then the XEL-accounts of the exchanges. Namely Bittrex on top with its 15Mio XEL wallet.

Try harder next time.  Grin



Oh yea the XEL accounts of the exchanges, sitting at a whopping number of two!

Besides Bittrex there is Heat (XEL-WESJ-3UCL-7UTC-894KZ) with 275,000 XEL and ... that's it

I didn't take Bittrex into account my bad, that still doesn't look good

Conservatively that makes 35-40% of the supply for the top 10 balances and 85-90% for the top 100 balances


First, yes those 15m XEL of Bittrex MAKE a difference.

Second if you want to examine the Donation/ICO-Distribution go ahead and have a look at the Donation/ICO-Distribution. But don't come after weeks of trading and whine about you not liking seeing some big accounts.



It was pretty much the same shit back then :

https://talk.elasticexplorer.org/t/important-check-the-genesis-block-carefully/105/24

Top 10 balances had 30% of the supply, top 100 balances 80%, now it's worse (35-40% for top 10 balances, 85-90% for top 100 balances, accounting for the Bittrex wallet with conservative estimates on the distribution within the wallet, do the maths)

I don't whine, I state facts. I know you guys love to attack anyone saying anything negative related to this project, the facts remain, don't lure newbies into investing in XEL right now when top 100 balances hold nearly 90% of the supply.

Yea long term maybe it will go high, short and medium term it has a lot of room to go down




ImI
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July 06, 2017, 01:42:59 PM
 #1500

Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few

What was ICO price for 1 XEL?
700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then)
didn't know it till today. Where can i find info about how many xel holders?
http://elasticexplorer.org/ at the bottom of the page

Top 10 balances hold 50% of the circulating supply.

LOL, how about you doing the most basic research before you start spreading crap?

If you want to see the XEL-distribution after the ICO go and have a look at the genesis entry record. Since the network runs since a few weeks now lots of XEL have changed hands and the accounts you are naming "whales" here are nothing else then the XEL-accounts of the exchanges. Namely Bittrex on top with its 15Mio XEL wallet.

Try harder next time.  Grin



Oh yea the XEL accounts of the exchanges, sitting at a whopping number of two!

Besides Bittrex there is Heat (XEL-WESJ-3UCL-7UTC-894KZ) with 275,000 XEL and ... that's it

I didn't take Bittrex into account my bad, that still doesn't look good

Conservatively that makes 35-40% of the supply for the top 10 balances and 85-90% for the top 100 balances


First, yes those 15m XEL of Bittrex MAKE a difference.

Second if you want to examine the Donation/ICO-Distribution go ahead and have a look at the Donation/ICO-Distribution. But don't come after weeks of trading and whine about you not liking seeing some big accounts.



It was pretty much the same shit back then :

https://talk.elasticexplorer.org/t/important-check-the-genesis-block-carefully/105/24

Top 10 balances had 30% of the supply, top 100 balances 80%, now it's worse (35-40% for top 10 balances, 85-90% for top 100 balances, accounting for the Bittrex wallet with conservative estimates on the distribution within the wallet, do the maths)

I don't whine, I state facts. I know you guys love to attack anyone saying anything negative related to this project, the facts remain, don't lure newbies into investing in XEL right now when top 100 balances hold nearly 90% of the supply.

Yea long term maybe it will go high, short and medium term it has a lot of room to go down

Again, if investing in Cryptocurrencies THE LAST THING i was worried about is if there are folks with more dough than me. It's all about development and passion for the project. Simple as that when it comes to (successful) investing.

I remember investing in Dash aka Darkcoin when it was a measly 0.00005 and folks like you where all over the place. "Don't invest! Devs holds all of the coins!" And in that case it was even a much different situation as Darkcoin had no such clean and months long way of distribution as Elastic. It was basically an instamine. And yet, Dash went berserk right after i bought my first stake in it.

The only thing misleading here is to lure noobs into thinking they should look at the distribution of an asset when there are things to consider much more important than that. Think about marketcap in comparison to the competition, rate of inflation or the classical risk vs reward approach. All of that in combination with passionate developers and a clear goal and vision truly matters. While your advice is basically crap when it come to successful investing. Go ahead and checkout the starting distribution of lot and lots of projects and you will find no correlation between the two parameters, be it negative or positive. It will just distract you from the parameters that really matter.


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