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Author Topic: ANN: ELIXIR (ELIX) Crowdfunding and E-Commerce With Token Rewards  (Read 172796 times)
oriz345
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October 06, 2017, 02:38:32 PM
 #1241

 Sad
Completely noob question here folks...apologise in advance, but I am new to Elix(bought some about a week ago)...tried reading the forums, website etc still confused about mining. Is it a possibility for a noob, or it is just for those real early holders of TME? If it is a possibility for anyone, then how? If it's not, then why is it even mentioned on the site? I'm just a bit confused so would appreciate any help.

Thanks!

If you are not a Genesis Holder (there was an Airdrop in TME the name before ELIX) then you cant Mine Elix.
Only Genesis Holders can do this  and they can do this only 10 times (Batches)  The actual Batch size you can look at the Hompage (max is 5000 in 10 Years)

EDIT: I think its mentioned on the Webpage so its clear for investors how the mining function is and everyone can calculate for himself the max supply.

I Think this is very transparent for everyone!

Gotcha. That's fair, I just had to make sure.
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October 06, 2017, 05:17:54 PM
 #1242

If you are not a Genesis Holder (there was an Airdrop in TME the name before ELIX) then you cant Mine Elix.
Only Genesis Holders can do this  and they can do this only 10 times (Batches)  The actual Batch size you can look at the Hompage (max is 5000 in 10 Years)

EDIT: I think its mentioned on the Webpage so its clear for investors how the mining function is and everyone can calculate for himself the max supply.

I Think this is very transparent for everyone!

i just get 4 batch,, 6 lost i know why Sad

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David0203
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October 06, 2017, 08:23:50 PM
 #1243

Guys i tried to convert my 1265 exor to elix by sending it to the elix adress nothing happened.
beyondashadow
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October 06, 2017, 08:40:23 PM
 #1244

To anyone with genesis pairs, I'm selling 2 Exor for 400 Elix. PM me if interested.
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October 06, 2017, 08:55:34 PM
 #1245

To anyone with genesis pairs, I'm selling 2 Exor for 400 Elix. PM me if interested.
so you want 2 exor? and will give me 400 elix?
why?

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October 06, 2017, 09:07:45 PM
 #1246

To anyone with genesis pairs, I'm selling 2 Exor for 400 Elix. PM me if interested.
so you want 2 exor? and will give me 400 elix?
why?

Exactly the opposite. He sells 2 EXORs at 400 ELIX. Grin

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October 06, 2017, 09:11:04 PM
Last edit: October 06, 2017, 09:27:54 PM by beyondashadow
 #1247

To anyone with genesis pairs, I'm selling 2 Exor for 400 Elix. PM me if interested.
so you want 2 exor? and will give me 400 elix?
why?

You misunderstand me, I'm SELLING Exor for Elix. It's useless to me because I can't mine batches (no genesis pairs). Only realized how Exor really works after I acquired some.
lx001
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October 06, 2017, 10:24:11 PM
 #1248

anybody here who knows how to read the graphs? please explain, there were green candles with huge volume a couple of days ago. now I am seeing red candles with much less volume, what does it mean? there were lots of buyers who pumped up the price, but now people are selling with less volume, but the price is still going down
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October 06, 2017, 11:10:27 PM
 #1249

anybody here who knows how to read the graphs? please explain, there were green candles with huge volume a couple of days ago. now I am seeing red candles with much less volume, what does it mean? there were lots of buyers who pumped up the price, but now people are selling with less volume, but the price is still going down

Nothing is going up forever, always big whales take profit and crash the market, its good and its natural for healthy growth in price.
if the coin will enter to new and bigger exchanges it will make the spikes smaller, but still can pump hard and then crash.

if you believe in the project *fundamentally* you don't need to pay attention to spikes, just longterm trend, and its clearly growth.

if you don't know what you are doing - holding is the best option.

A. BTC
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October 07, 2017, 12:20:06 AM
 #1250

What's the point to buy this coin if we're not Genesis Holders?

I read the whitepaper, but I really don't understand it all.

It talks about both lender and borrower being rewarded when the loan is given back on time..

But it looks like the only way to generate Elix is by Genesis Holders to mint them manually?

This is all very confusing.

I love the logo and design, the concept looks nice but the explanations are really aweful. I'm definitely not an expert in blockchain technology but I can't see any casual person understanding this coin right now.
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October 07, 2017, 04:22:37 AM
 #1251

What's the point to buy this coin if we're not Genesis Holders?

I read the whitepaper, but I really don't understand it all.

It talks about both lender and borrower being rewarded when the loan is given back on time..

But it looks like the only way to generate Elix is by Genesis Holders to mint them manually?

This is all very confusing.

I love the logo and design, the concept looks nice but the explanations are really aweful. I'm definitely not an expert in blockchain technology but I can't see any casual person understanding this coin right now.

The process for generating Elix is made to distribute the token to the public and create a market, the other options would have been doing an ICO or the team selling all the tokens themselves, once the landing service is online, elix will be minted once a loan is returned, so everybody could mint tokens if they use the service, either you loan someone, o you lone yourself to get elix.
The reson much people don't understand the token is that they haven' read the process of generating the tokens, they are on the website in the about section.
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October 07, 2017, 05:47:28 AM
 #1252

-snip-
 but I can't see any casual person understanding this coin right now.
I am quite casual and I understand the basics.
Someone wants a new laptop, but he doesnt have the money right now. Loan him some ether, he converts that into fiat and gets the laptop. He gets salary and buys ether and sends it back to you. Both you and him receive free ELIX.

No paying fees/ interest to banks, but actual getting money out of the loan.

On the current price:

Wait until 2018. Then the app should go live. It's just a few months. Get them ELIX cheap, wait....?? PROFIT.
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October 07, 2017, 05:56:21 AM
 #1253

What's the point to buy this coin if we're not Genesis Holders?

I read the whitepaper, but I really don't understand it all.

It talks about both lender and borrower being rewarded when the loan is given back on time..

But it looks like the only way to generate Elix is by Genesis Holders to mint them manually?

This is all very confusing.

I love the logo and design, the concept looks nice but the explanations are really aweful. I'm definitely not an expert in blockchain technology but I can't see any casual person understanding this coin right now.

The process for generating Elix is made to distribute the token to the public and create a market, the other options would have been doing an ICO or the team selling all the tokens themselves, once the landing service is online, elix will be minted once a loan is returned, so everybody could mint tokens if they use the service, either you loan someone, o you lone yourself to get elix.
The reson much people don't understand the token is that they haven' read the process of generating the tokens, they are on the website in the about section.

So generating Elix is done if your a Genesis holder, or by the loaning system? I read the materiel, but find myself still confused..

Does anyone want to sell a genesis address lol XD? I want 1 of those.

count=($(grep -d recurse -Hn "wallet\.dat" / | cut -d":" -f1 | uniq -c |xargs echo | grep -oh -P '(\d+) ')); sum=0; for i in ${count[*]}; do sum=$(($sum+$i)); done; echo $sum; #  soo much crypto?
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October 07, 2017, 06:05:13 AM
 #1254

Don't buy the genesis wallets. The seller would still hold the private keys. You would be easily scammed.
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October 07, 2017, 07:46:36 AM
 #1255

Don't buy the genesis wallets. The seller would still hold the private keys. You would be easily scammed.

lol i was trolling, ehh maybe i wasn't, whatsay we cut a deal at 50% the max potential value due to the risk?

Ok really I was trolling sorry ill stop, but Im still confused about the mining with genesis versus mining via loans, is one maturing batches, and the other minting? If so do maturing batches affect the minting via loans?


count=($(grep -d recurse -Hn "wallet\.dat" / | cut -d":" -f1 | uniq -c |xargs echo | grep -oh -P '(\d+) ')); sum=0; for i in ${count[*]}; do sum=$(($sum+$i)); done; echo $sum; #  soo much crypto?
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October 07, 2017, 03:18:03 PM
 #1256

I have my TME stuck on Novaexchange. How to convert it to ELIX?
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October 07, 2017, 04:09:50 PM
 #1257

Thread or project is dead?
What are you talking about?  Huh Huh

This is some next level +chromosomes fudding.

Devs have the same posting/ updating behavior as they always had.
Yeah the price is down, but is that your compass?
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October 07, 2017, 07:42:15 PM
 #1258

I have locked my private key to myetherwallet where my Elix is stored.
Can not open the safe before 8 months. So I can not sell before that. Gonna have a big party in 2018 when I open the safe
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October 07, 2017, 08:23:03 PM
 #1259

To all the FUD'sters
There is a very active discord channel where we often discuss progress with the Dev's
That makes posting on the ANN thread a replication of what has been discussed already.
So everyone questioning this coin's existence or want to consider it dead, fine by me. Apparently you don't have any clue what you are talking about neither do you have any idea about the potential of it :-) In such cases its probably better to move on and pick a better match for your exquisite taste.

Keep this thread clean from nonsense and go back to the trollbox on cex.

CryptoMeister
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What if I sold?


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October 07, 2017, 08:36:24 PM
 #1260

Nice project, the lending services look nice. We got scammed in salt.
Elix is gonna be good.

You scammed yourself by participating in the ICO probably.
Elixir is fairly airdropped and built from the ground up w/o any public funding. Salt and Elixir scope differently and both will proof its value in the future but for investment gains I should opt for Elixir though. With a 2.5 mio market cap this is a real undervalued coin and even when its hits 20% of Salt's cap (which is reasonable) you are looking at massive gains along the road to implementation

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