CoinEmperor
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October 22, 2017, 06:54:36 PM |
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To people who think it's a "Good idea" to get into XBY and because they're pennies right now, you might want to consider this: The transaction per coin is 100 XBY
Think about it. At 1 penny each, that's $1.00 per transaction. If you have 101 XBY, you would only have 1 after a transfer.
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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realistic1
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October 22, 2017, 07:08:17 PM |
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To people who think it's a "Good idea" to get into XBY and because they're pennies right now, you might want to consider this: The transaction per coin is 100 XBY
Think about it. At 1 penny each, that's $1.00 per transaction. If you have 101 XBY, you would only have 1 after a transfer.
Nice FUD. But actually you just gave me an opportunity to highlight another key feature. Its actually been lowered to 50xby firstly and it was only 100xby so the community could earn some funds short term for development, but that has since been solved. And actually there is no POW or POS so totally unique chain. The fee can be anything the developer decides but the plan is for a sliding scale cause zero fees could encourage people to spam the network. But the plan is for a sliding scale so between trusted friends the fee will be ZERO. YES ZERO!!!
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Yankeeruinx
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October 22, 2017, 10:29:56 PM |
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To people who think it's a "Good idea" to get into XBY and because they're pennies right now, you might want to consider this: The transaction per coin is 100 XBY
Think about it. At 1 penny each, that's $1.00 per transaction. If you have 101 XBY, you would only have 1 after a transfer.
This is completely false it has never been 100 XBY per coin that would be insane. It used to be 100 XBY per TRANSACTION a while ago and now it is 50XBY so you can move any amount of XBY from an exchange to a wallet for 50 XBY currently. However this was only used to fund development and when moving to the new chain the fees will be addressed again most likely on to a low % based total or whatever the devs decide as they can do that with XBY easily.
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SupremeGoose
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Patience and wisdom is a key
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October 23, 2017, 09:02:54 AM |
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CoinEmperor "I am coin emperor" - I'm pretty sure you are. But please do some research about the project, or aks some questions first, before spreading false conclusions.
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philgfx
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October 23, 2017, 03:29:39 PM |
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The testnet was an excellent proof of concept, however I feel the Xtrabytes team need to step it up and fire off their second round soon.
Marketing is the best way to reach the smaller investors, but the reason there haven't been many big players jumping aboard just yet, can be pinned entirely on the fact that there is far too much speculation surrounding the technology at the stage.
I understand that with X-change / X-fuel currently being developed, there is still plenty of time required for a working product. However, showcasing SOMETHING working to the public will entice an army of investors (who may have doubts about buying into a speculative project), to load up.
I have no doubt that this crypto WILL BE HUGE, but you can't market an undefined product.
Sorry to be negative, but I seriously do believe in this project.
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LostWords
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October 23, 2017, 08:17:35 PM |
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I also believe in this project, I don't know about top 10 but definitely a nice place in the coinmarketgap listing since the technology is top notch in potential and if it delivers, and it looks very much like it does, this technology is worth a shitload.
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DigitalLemming
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October 23, 2017, 10:44:10 PM |
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This thread feels like reading the early Ethereum ANN, hope everyone is ready for the ride. I can't say top 10 however it certainly will continue to grow at a fast rate. New slack sign ups have been going up exponentially, the words getting out. Buy and hold, try to achieve enough for a static node and prepare to be extremely happy for it in 2 years.
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cryptophrenic
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October 24, 2017, 12:09:56 PM |
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thx , this coin grabs my attention, looks pretty promising
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Artyhardy
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October 24, 2017, 02:53:51 PM |
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You can feel that there was a turning point since the last announcements. Everybody gets hyped as soon as they find out about XBY. I think you can buy a lot of presents on XMAS when you invest in it before it booms.
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RueDuSite
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October 24, 2017, 04:56:11 PM |
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ohhh XtraBytes is currently attracting the interest of new investors :-) it's time to accumulate XBY because the price is still affordable to book a staticnode ! STATIC PRICES:Required deposits of STATIC nodes: Level 1 is: 500,000 XBY or 330,000 XBY + 170,000 XFUEL Level 2 is: 250,000 XBY or 170,000 XBY + 80,000 XFUEL Level 3 is: 125,000 XBY or 85,000 XBY + 40,000 XFUEL XBY ROADMAP Official Vidéohttps://www.youtube.com/watch?v=xdHr178WpwgXFUEL - the utility token for XBY - Official Vidéohttps://www.youtube.com/watch?v=LACMWaOcOYI&t=1s
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RueDuSite
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October 24, 2017, 05:55:35 PM |
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Interesting question submitted today in the XBY communityI did not look into the white paper, as you initially mentioned that it is non-technical. Now that I have read the first section my questions are still not answered. There is no clarification on how the signing entity is selected and why this should be secure. It is talking about speed and efficiency, yes, but as far as I see it these advantages come at the cost of completely centralizing the network towards the "STATIC" nodes or whoever controls the "PULSE". Please correct me wrong with a technical resource.
1) There is no 'selection of the signing entity', as every node must sign, which is the entire point of proof-of-signature. 2) Pulse is not controlled by anyone. A pulse gets sent to EVERY node when a transaction is conducted, and they all must sign, not just one, so there is no selection and nobody is controlling pulse and thereby able to specifically select which node signs. Also, quibbling about centralization in this way is semantics. You would then have the same issue with calling any coin that has masternodes 'decentralized'. There are degrees of decentralization. Many, many of the coins in the crypto space use masternodes, including Dash which pioneered the idea. XtraBytes will ultimately have enough STATIC nodes to alleviate any concerns of someone controlling them ALL, which is what would be required to undermine the proof-of-signature algorithm. This is exactly why it is more secure.
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beerlover
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October 24, 2017, 06:12:34 PM |
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Will XTRABYTES (XBY) Be A Top 10 Cryptocurrency By The End Of 2018? Why or why not? With all the recent developments coming from XTRABYTES, could this all-inclusive platform push XBY into a top 10 spot on CoinMarketCap by the end of 2018? Anyone who hasn't heard of XBY yet can read their Announcement. https://bitcointalk.org/index.php?topic=1864397.0I really will not be surprised with the upcoming recent events. It could push it to the top or not, but even if it doesn’t get to the top 10 by the end of 2018, it will be pretty close. The crypto world is large and there are so many altcoins fighting for the top 10 position and I am sure even the ones there now are trying hard not to get stepped down, so it will be pretty hard to really get to that top 10. With the upcoming marketing push, the sky is the limit. As noted above, no one knows about XTRABYTES yet. That is about to change.
It is really about to change and the developments will give it that boost and change very soon. It has been an interesting project and the devs have been working pretty hard and if all things can go pretty fine, then next year will be a good one for them. However, top 10 is what I cannot really guarantee.
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McWorse
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October 24, 2017, 08:50:59 PM |
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And what we shouldn't forget: If 2018 will bring as much money into the market like 2017, you will (maybe) need a mc of at least 3B for a rank in the top 10. The marketcap of all cryptocurrencies together at january the 1st 2017 was: 18B Yes: 1 8 B A few days ago we had 175B...
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yura_878
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The Operating System for DAOs
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October 24, 2017, 08:52:48 PM |
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After reading about this coin, I doubt that it can break into the elite market cryptocurrency
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happyme1818
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October 24, 2017, 09:11:30 PM |
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Will XTRABYTES (XBY) Be A Top 10 Cryptocurrency By The End Of 2018? Why or why not? With all the recent developments coming from XTRABYTES, could this all-inclusive platform push XBY into a top 10 spot on CoinMarketCap by the end of 2018? Anyone who hasn't heard of XBY yet can read their Announcement. https://bitcointalk.org/index.php?topic=1864397.0I doubt that it could reach on top 10 in coinmarketcap. It's a new coin with not much community support. Competition is also everywhere so it would be hard for XBY to climb up to top 10.
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Nick J.
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October 24, 2017, 10:49:17 PM |
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After reading about this coin, I doubt that it can break into the elite market cryptocurrency
Thats why we dont recommend people reading about XTRABYTES in Trollboxes. Maybe try reading our website www.xtrabytes.globalAnd then DL the WP. If its too differcult to understand the endless possibilities this coin/platform has after u are done reading, then no shame in asking 😉 But i agree that top 10 is waay to optemistic in that short timeframe. Success should not be measured in ranks on some crypto site, but in adoption of our technology by new coins that prefer a more secure blockchain or other real world companies wanting to get their brand running on a fast and reliable crypto platform. When this happens, then rankings will not be of our concern, cuz we will be doing VERY good nomatter if we are number 2 or number 25. These numbers are only noise and bragging rights.
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bitsire
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October 25, 2017, 06:47:15 AM |
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XBY is gaining momentum, both price and volume are up! I don't care if it makes it to the top 10, I just know it will be going up a lot higher from here
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