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Author Topic: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::  (Read 225398 times)
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Evil-Knievel
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October 31, 2017, 09:38:04 AM
 #2541

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And giving you money now is simply not reasonable

What are you talking about? Nobody here wants your money and nobody here will ever accept any money from you! I think that you have a huge misunderstanding. Just because you buy some XEL from someone on the internet, that does not mean that you gave money to anyone working on XEL.

Let's say Tyler Durden sells his 1000 XEL on Bittrex and you buy them for 1 BTC. Then Tyler has received one BTC and you have received his 1000 XEL. Only you and Tyler are involved in this transaction. This does not make you an "investor", neither did you give any BTC to anyone who works on this project.

Why is it so hard to understand??
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October 31, 2017, 10:05:34 AM
 #2542

This is the way crypto is currently, noobs don't research anything. Then noobs decide to buy into any crypto with money they can't afford to lose without spending 5 minutes reading about it because they saw dollar signs and wanted to make some quick cash. They then decide to sell at a loss and blame everyone else, the price likely recovers a few weeks/months/years later anyway but that is not the point.

To the burnt traders that have lost money, I am sorry but you took the risk and clearly many of you didn't research before buying. So here are your options:
1) Sell now and take a loss or profit.
2) Hold out for a finished product and hope for a rise. (Wait 2weeks-5years)

Majority of people that have joined Slack over the last few days have asked the same questions that have been answered hundreds of times, please research for 5 minutes and you will find your answer. Also coming into the Slack and crying because you decided to sell and lose money is not going to bring your money back, only time will if anything.

The devs have worked unpaid for more than a year and a half, development is still ongoing right now. They have zero incentive to pump this coin, that is why pump and dump marketing is not wanted. This projects value will grow naturally with time, Not "price target" bs. Then when the time is right there are many better ways to market XEL.
Choosewise
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October 31, 2017, 12:12:51 PM
 #2543

This is the way crypto is currently, noobs don't research anything. Then noobs decide to buy into any crypto with money they can't afford to lose without spending 5 minutes reading about it because they saw dollar signs and wanted to make some quick cash. They then decide to sell at a loss and blame everyone else, the price likely recovers a few weeks/months/years later anyway but that is not the point.

To the burnt traders that have lost money, I am sorry but you took the risk and clearly many of you didn't research before buying. So here are your options:
1) Sell now and take a loss or profit.
2) Hold out for a finished product and hope for a rise. (Wait 2weeks-5years)

Majority of people that have joined Slack over the last few days have asked the same questions that have been answered hundreds of times, please research for 5 minutes and you will find your answer. Also coming into the Slack and crying because you decided to sell and lose money is not going to bring your money back, only time will if anything.

The devs have worked unpaid for more than a year and a half, development is still ongoing right now. They have zero incentive to pump this coin, that is why pump and dump marketing is not wanted. This projects value will grow naturally with time, Not "price target" bs. Then when the time is right there are many better ways to market XEL.
Doesn't excuse how childishly the devs have handled this. What the fuck did they think was going to happen

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October 31, 2017, 12:49:32 PM
 #2544


Doesn't excuse how childishly the devs have handled this. What the fuck did they think was going to happen

What was childish about it? their project, their time, their work. Why should your or anyone's opinion even matter if they don't contribute?

Go find another coin to profit from if you have no patience.

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Piston Honda
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October 31, 2017, 12:53:00 PM
 #2545

This is the way crypto is currently, noobs don't research anything. Then noobs decide to buy into any crypto with money they can't afford to lose without spending 5 minutes reading about it because they saw dollar signs and wanted to make some quick cash. They then decide to sell at a loss and blame everyone else, the price likely recovers a few weeks/months/years later anyway but that is not the point.

To the burnt traders that have lost money, I am sorry but you took the risk and clearly many of you didn't research before buying. So here are your options:
1) Sell now and take a loss or profit.
2) Hold out for a finished product and hope for a rise. (Wait 2weeks-5years)

Majority of people that have joined Slack over the last few days have asked the same questions that have been answered hundreds of times, please research for 5 minutes and you will find your answer. Also coming into the Slack and crying because you decided to sell and lose money is not going to bring your money back, only time will if anything.

The devs have worked unpaid for more than a year and a half, development is still ongoing right now. They have zero incentive to pump this coin, that is why pump and dump marketing is not wanted. This projects value will grow naturally with time, Not "price target" bs. Then when the time is right there are many better ways to market XEL.

yes, well said

www.dlsag.com ~ 1ex.trade
NutMasterTardd2
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October 31, 2017, 02:52:56 PM
 #2546


Doesn't excuse how childishly the devs have handled this. What the fuck did they think was going to happen

What was childish about it? their project, their time, their work. Why should your or anyone's opinion even matter if they don't contribute?

Go find another coin to profit from if you have no patience.

Not only that, many known and respected community members also agreed this wasn't the right marketing choice or time for XEL.

:: Elastic - The Decentralized Supercomputer ::
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October 31, 2017, 04:22:46 PM
 #2547

Does having a community that goes into an uproar all over the forums/slack whenever they disagree with a strategy really benefit this project? Or any project?

In my opinion the people doing the work have 99% of the say and they are 99% going to determine whether or not they create a project that offers value to their customers. The community then determines what that is worth by buying, holding, sharing, selling, etc.

Would google, Toyota, Apple or any other company creating a product determine their entire product line or entire strategy based off what the customers are telling, no. They may be influenced but at the end of the day it's up to them.

In the decentralized world there's a certain amount of power that the community has that I don't know if you'll find in other markets. People feel entitled to make decisions typically left to managers and leadership teams; it's an odd dynamic embedded into the realm. When you couple that with people trying to get rich fast and expecting 1000% returns a month after they've invested I think the result is what you'll see in many threads across these forums whenever a coin hasn't had an update in a while.

Do your research, invest in projects you believe in, disregard your emotions, and maybe you'll hit your goals. In the meantime never forget how revolutionary these products are and enjoy the fact that you were at the very least there when it all started.
Johnny00
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October 31, 2017, 04:36:28 PM
 #2548

This is the way crypto is currently, noobs don't research anything. Then noobs decide to buy into any crypto with money they can't afford to lose without spending 5 minutes reading about it because they saw dollar signs and wanted to make some quick cash. They then decide to sell at a loss and blame everyone else, the price likely recovers a few weeks/months/years later anyway but that is not the point.

To the burnt traders that have lost money, I am sorry but you took the risk and clearly many of you didn't research before buying. So here are your options:
1) Sell now and take a loss or profit.
2) Hold out for a finished product and hope for a rise. (Wait 2weeks-5years)

Majority of people that have joined Slack over the last few days have asked the same questions that have been answered hundreds of times, please research for 5 minutes and you will find your answer. Also coming into the Slack and crying because you decided to sell and lose money is not going to bring your money back, only time will if anything.

The devs have worked unpaid for more than a year and a half, development is still ongoing right now. They have zero incentive to pump this coin, that is why pump and dump marketing is not wanted. This projects value will grow naturally with time, Not "price target" bs. Then when the time is right there are many better ways to market XEL.

Do the Devs post here or in the telegram chat?


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NutMasterTardd
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October 31, 2017, 08:32:12 PM
 #2549

Do the Devs post here or in the telegram chat?

Here and quite active in Slack, not sure about Telegram.
Revalexter123
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October 31, 2017, 10:00:30 PM
 #2550

Golden Smophy scam?
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November 01, 2017, 02:54:50 AM
 #2551

I just seen a twitter post pointing out something rather valid: these 3 githubs contain over 15,000 commits to xel, with the latest being updated within the last 24hours

https://github.com/sprocket-fpga/xel_miner/commits/master

https://github.com/OrdinaryDude/ElasticPrototypeWallet/commits/master

https://github.com/unvo1d/Elastic-XEL-Litewallet/commits/master


now sit here and tell me 15,000 commits is a scam  Grin development is very active, there is simply no fake hype like other projects, the second news gets release she doubles in price. decentralized supercomputer systems are future tech, condider this on STRAT before the pump, dont let butthurt twitter hype buyers make you  dump your bags, for this is a x100 project, without a doubt. big respect to the developers so far.
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November 01, 2017, 03:11:14 AM
 #2552

It's a promising project, but a little bit risky. Sonm keeps growing and Golem too. Always DYOR
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November 01, 2017, 06:06:44 AM
 #2553

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And giving you money now is simply not reasonable

What are you talking about? Nobody here wants your money and nobody here will ever accept any money from you! I think that you have a huge misunderstanding. Just because you buy some XEL from someone on the internet, that does not mean that you gave money to anyone working on XEL.

Let's say Tyler Durden sells his 1000 XEL on Bittrex and you buy them for 1 BTC. Then Tyler has received one BTC and you have received his 1000 XEL. Only you and Tyler are involved in this transaction. This does not make you an "investor", neither did you give any BTC to anyone who works on this project.

Why is it so hard to understand??

Understand, they control the course of Xel through their twitter. They are guilty in this situation 100%. This is called market manipulation. Because of such cases, the US government and many others recognize the ICO as valuable securities and for such comments the person then has responsibility before the law. This game is has a rules, and if they are not respected then they by law can punish  !!! There are posts and results of the schedule on the stock exchange. I agree that they could not do it on purpose, the probability of this is 50%. But they did it as badly as possible. I want everyone else to think about and not make such mistakes. And that would tweet Xel before us apologized.

There are cases when they sued for what bitcoin was called a bubble. - this is called market manipulation.
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November 01, 2017, 06:19:02 AM
 #2554

To remove the responsibility for the manipulation of the market, you need to write in your twitter, need to warn the others then :


 Xel is just a coin that will be used later when calculating for services in the Elastic project. We, the creators of the project will publish any news that we want to tweet on our own, even if after that the coin does not cost anything. We sometimes do not at all think that we are talking, it does not matter to us how this affects the cost of the Village token. We are just a team of programmers who have released their ICO and we really hope that we will succeed. For this reason, do not distract us from our work and do not ask unnecessary questions, wait and hope - that's all we want from you. Those people who bought Xel do not mean anything to us, they just now have our coin in their wallet.


Probably Elastic is a great project and there are good programmers, but they came into business when they made ICO. In business, there are rules that need to be respected.
At least learn to ask for forgiveness for the actions of his team.
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November 01, 2017, 06:23:27 AM
 #2555

To remove the responsibility for the manipulation of the market, you need to write in your twitter, need to warn the others then :


 Xel is just a coin that will be used later when calculating for services in the Elastic project. We, the creators of the project will publish any news that we want to tweet on our own, even if after that the coin does not cost anything. We sometimes do not at all think that we are talking, it does not matter to us how this affects the cost of the Village token. We are just a team of programmers who have released their ICO and we really hope that we will succeed. For this reason, do not distract us from our work and do not ask unnecessary questions, wait and hope - that's all we want from you. Those people who bought Xel do not mean anything to us, they just now have our coin in their wallet.


Probably Elastic is a great project and there are good programmers, but they came into business when they made ICO. In business, there are rules that need to be respected.
At least learn to ask for forgiveness for the actions of his team.
What ico? You misinformed twat
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November 01, 2017, 06:38:58 AM
 #2556

To remove the responsibility for the manipulation of the market, you need to write in your twitter, need to warn the others then :


 Xel is just a coin that will be used later when calculating for services in the Elastic project. We, the creators of the project will publish any news that we want to tweet on our own, even if after that the coin does not cost anything. We sometimes do not at all think that we are talking, it does not matter to us how this affects the cost of the Village token. We are just a team of programmers who have released their ICO and we really hope that we will succeed. For this reason, do not distract us from our work and do not ask unnecessary questions, wait and hope - that's all we want from you. Those people who bought Xel do not mean anything to us, they just now have our coin in their wallet.


Probably Elastic is a great project and there are good programmers, but they came into business when they made ICO. In business, there are rules that need to be respected.
At least learn to ask for forgiveness for the actions of his team.
What ico? You misinformed twat

Ok, not ICO just listing the Xel tokens on the exchange. If the team does not want to be responsible for the consequences of their words on Twitter, let it be written that they have nothing to do with their tokens, they are just programmers and it's their twitter.
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November 01, 2017, 06:52:52 AM
 #2557

Are you sure they listed xel on bittrex? Bittrex require id, doesnt help the anonimity
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November 01, 2017, 06:54:55 AM
 #2558

Are you sure they listed xel on bittrex? Bittrex require id, doesnt help the anonimity

https://bittrex.com/Market/Index?MarketName=BTC-XEL
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November 01, 2017, 06:57:44 AM
 #2559

Arguably now is not yet the time for marketing, when the code is a work in progress.  People most interested in the technical potential will get it at a low price during this altcoin bear market, and that is appropriate enough.

The decentralization mindset here is reminiscent of Bitcoin in ways.  Like there is no "Bitcoin, Inc.," there is no "Elastic, Inc."

Overall, the incident seems to be a combination of a cultural misunderstanding and different people going their own directions while having had access to the same Twitter account.

Marketing could come later but could be best when with a marketing group simply having already received a BTC or XEL payment up front from the person contacting them, not expecting some kind of endorsement.

(I'm not clear exactly what this marketing group expected from the programmers, other than being disappointed by the Twitter issue.  As an analogy, any random person could advertise Bitcoin, without Satoshi Nakamoto's personal endorsement, nor EK or Coralreefer's, though waiting until more of the code is completed could be better timing).
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November 01, 2017, 07:03:27 AM
 #2560

Are you sure they listed xel on bittrex? Bittrex require id, doesnt help the anonimity

https://bittrex.com/Market/Index?MarketName=BTC-XEL
mark they, community members can do it as well I believe
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