guilhemch
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August 06, 2018, 07:04:46 AM Last edit: August 06, 2018, 12:21:09 PM by guilhemch |
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I think, the good thing about these airdrops will be that the decentralization could happen faster... and that is because a lot of people, when they receive airdrops, the don't really care about the project, so they'll dump their thousands of coins for 10 satoshis because...who cares? they got that for free... Getting coins free doesnt involved people as much as paying for them... Now, imagine one of this people gets 10 million coins, the coin hits an exchange, he dumps them for 1 satoshi... now here is the interesting part... if some new guy sees this coin, checks the wallet, the team, etc... he decides he could buy this because it's cheap, but he won't risk that much... he decides to buy $10 worth of x-cash... imagine spreading that 10 initial millions to people who buy in ranges between $10 and $100...it's far fetched indeed, some may buy more, some less, but the main idea is there won't be too many whales left in 2 to 3 years. And if you expect you will be getting rich from this in a matter of months, bad news for you Hi, I think you summarized it perfectly. The idea is really to avoid mass token concentration like there are with other tokens where top 100 holders hold 50% of the supply. So we came up with this idea of long-term airdrops, because maybe the people will dump in the early months, but eventually if the coin starts becoming successful, we will have people holding. That doesn't come without drawbacks, one of them is the size impact this will have on the blockchain, which is why we are working heavily on the bulletproof implementation to reduce transactions' sizes by 80%. And also looking forward to a later version of X-CASH (2.0) which will solve all these issues. In the end, it's a trade, whether or not you received the coin for free, but I get your point that this is slightly different from a psychological perspective; some people will dump it, and they might be right, some people will hold it, and they might be right as well. Our job is to give all our energy to release a good product for the mass-market and make that second possibility real.
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5o5kY
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August 06, 2018, 01:29:37 PM |
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Hi, I think you summarized it perfectly. The idea is really to avoid mass token concentration like there are with other tokens where top 100 holders hold 50% of the supply. So we came up with this idea of long-term airdrops, because maybe the people will dump in the early months, but eventually if the coin starts becoming successful, we will have people holding.
That doesn't come without drawbacks, one of them is the size impact this will have on the blockchain, which is why we are working heavily on the bulletproof implementation to reduce transactions' sizes by 80%. And also looking forward to a later version of X-CASH (2.0) which will solve all these issues.
In the end, it's a trade, whether or not you received the coin for free, but I get your point that this is slightly different from a psychological perspective; some people will dump it, and they might be right, some people will hold it, and they might be right as well. Our job is to give all our energy to release a good product for the mass-market and make that second possibility real. Reading again my last post made me cringe considering how many typing mistakes I've made lol. Back to the project. I am glad I understood the plan correctly. It is indeed a risky move, but you can't win without taking chances... And I am convinced that the biggest influence a project can get is from the people who build it. Considering you have a simple but hard to reach goal it depends on you if this project will be alive after several years... The second biggest influence is the community. The best real world example is Verge... They had lots of problems, they worked on their project for several years, and now, they are part of a conglomerate that I have no doubt it will be one of the stepping stones for adoption. It's not about the dollar value, it's about adoption in the end. And I am saying that risking people judging me for being a hypocrite, but... it's the truth... I am here for building some wealth? Yes! But that doesn't change the big picture... In our quest for wealth, we help the crypto industry and I don't know how many people realize that (excluding the plagues of scammers obviously)
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denish
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August 06, 2018, 06:49:34 PM |
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Interesting project, I am mining it! And it's impressive to see how many people you got on Telegram during the weekend and today with the airdrop/bounty! Congrats!
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GrosWesh
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August 06, 2018, 08:36:11 PM |
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Hello, I joined the ranks of your supporters since today. I must already recognize that the team that intervenes on discord is ultra responsive This is an excellent point To be continued!
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TheMadMason
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August 06, 2018, 10:36:37 PM |
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Really interesting project and I'm glad I found you all at this point of development! Exciting to see something take off and hopefully do well! I'm curious if the bounties for the first 1000 been claimed?
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jofox
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August 07, 2018, 01:25:49 AM |
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Hello everyone this another successfully coin will grow for this year. how is it to get a coin?
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john1010
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August 07, 2018, 02:22:22 AM |
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This project will going to explode before the end of this year, I hope the Dev Team will working on the best exchange to list this project, and the best thing also is, this algo is very low in electricity consumption.. Mining it for 6 days straight!
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vitruvio
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August 07, 2018, 05:44:35 AM |
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This project will going to explode before the end of this year, I hope the Dev Team will working on the best exchange to list this project, and the best thing also is, this algo is very low in electricity consumption.. Mining it for 6 days straight!
Have you run airdrop yet? I haven't found any bounties to run. Any luck on passing the stages of "the end of the alpha stress test and reset blockchain and X-main Cash-net launcher and the beta release of the GUI Wallet"?
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guilhemch
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August 07, 2018, 07:09:03 AM |
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Really interesting project and I'm glad I found you all at this point of development! Exciting to see something take off and hopefully do well! I'm curious if the bounties for the first 1000 been claimed? Hi! Thanks for the note! We have a few remaining 100,000 XCA bounties; then it will drop to 10,000 XCA.
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Xsinx
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August 07, 2018, 10:06:27 AM |
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XCash Coin 20 Months of AirdropHello Everyone! Welcome to another project presentation and for this day i will discuss about a brandnew cryptocurrency airdrop project. This article will feature Basic Highlights and some important things you need to know about XCash Coin Project.... READ NOW
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escalante28
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August 07, 2018, 12:53:32 PM |
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How are we going to claim the 100k x-cash fro the first 1k participant? because there is no participant number after registration
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guilhemch
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August 07, 2018, 01:23:07 PM |
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How are we going to claim the 100k x-cash fro the first 1k participant? because there is no participant number after registration
Once your account is validated, go to the bounty zone, and you can request the bounty. If you are in the first 1,000, you will get 100k. Otherwise 10k.
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bangghali_part2
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August 07, 2018, 06:32:55 PM |
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Admin,almost 1 hour but still pending validation, I've also been active in the telegram group ... what should I do so that the validation is successful,thanks
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guilhemch
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August 07, 2018, 08:15:57 PM |
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Admin,almost 1 hour but still pending validation, I've also been active in the telegram group ... what should I do so that the validation is successful,thanks
Wait. The process is automated and will go through.
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Awwal1
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August 07, 2018, 09:01:46 PM |
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The low transaction fee is what I like most from the project. The wallet is also a great feature.
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GrosWesh
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August 07, 2018, 09:16:24 PM |
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I finally installed Wallet and launched it's sync Process. Seems to be looong but maybe it will it be worth the time ... Explanations are clear, using Medium guide. I was a bit surprised to read airdrop will be 2 years long, but after all even if i don't go to the end, i'll try and enjoy the trip with you
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cannactivist22
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August 07, 2018, 10:30:22 PM |
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i am getting following error with GUI wallet... any help??? error: wallet failed to connect to daemon: http://localhost:18281. Daemon either is not started or wrong port was passed. Please make sure daemon is running or change the daemon address using the 'set_daemon' command. Error: wallet failed to connect to daemon: http://localhost:18281. Daemon either is not started or wrong port was passed. Please make sure daemon is running or change the daemon address using the 'set_daemon' command. from other hand, when i try to acces to airdrop throught facebook registration, says that it is incorrect password..but it is the correct one...
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AnUser92
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August 07, 2018, 10:44:41 PM |
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Hi, I just received my bounty coins. I really like the airdrop,it will help the decentralization. Also if you need a french translation,contact me😉
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funkypenguin
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August 08, 2018, 09:01:55 AM |
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Hey folks, I'd love to invite you to my NZ X-CASH mining pool, at https://xca.heigh-ho.funkypenguin.co.nz
Why mine with us? * Pool works! (we've found blocks, made payments) * Small pool (yay decentralization!) * Friendly admin/community * Mine to exchange (payment id) * Fixed Difficulty * Email/Telegram notifications (seriously cool) for blocks found, stats, disconnects, etc * Discord Support
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jofox
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August 08, 2018, 11:21:51 AM |
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Wow amazing this I got 100K XCA, I can not believe it anymore thanks.
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