[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos

[CryptoGretzky]

This has been the most undervalued coin for weeks. The initial p&d scared everyone off, and they haven't noticed what the coin has actually been delivering.

This increase is just an adjustment back to where the coin should be based on the value it provides.  An upward correction, really.

Here is a post I made while we were hanging around the 120k area...

Usually, movements in the market tend to have a relationship to each other - "the bigger the base, the higher in space; the bigger the top, the bigger the drop; and the bigger the drop, the longer the need for repair".

http://shookrun.com/ta/tageneral.htm

So... you are saying we have been in repair mode and this is a GIGANTIC base?   So, the TOP will be HUGE....

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[Limpuls]

careful about buying in at this moment. it will dip a significnant amount right before rev2 due to whale manipulation. patience. will pay off

not so sure about that...REV.2 in monday

my point being. its saturday

So... wait till it's Sunday/Monday when all the buyers are back and the price goes up?  Makes sense... /g

Hope nobody listened to n00bs like lawgicc...  really good for a laugh to read back on these fudsters.

Especially read the post like this from FUD's when the price already has jumped. That moment all FUD magically dissapears.

[jay_pilch]

That's old news.

Wonder what those announcements are about, but more important if they can prolong the hype after rev.2

The money flowing towards XC at the moment is NO hype but institutional investment. Wait till the public comes

More realistic stage now is between media attention and public awareness but still long way to go?

Institutional investments if any would take place off exchanges, you do not expect those people to buy bitcoins on bitstamp, then send them to mintpal to buy xcoins at any available price...

This is definitely the not media attention/public awareness stage. XCurrency was not created to be a speculative playground but to be a widely accepted and used cryptocurrency.

That being said, my opinion is that (and using the speculative bubble graph as the framework), this would be somewhere between stealth and awareness stage. However, I'm sure XCurrency will go through several cycles of bubbles prior to mainstream acceptance. Large institutional investors will want proof of a solid platform prior to investing.

http://xc-official.com/XCPlatform/XC-Short-Term-Roadmap.pdf

In my opinion, the public awareness stage will coincide with Rev 3.

[leigh2k14]

My prediction for the market cap on this coin is around $80,000,000 ($15 each) over the next few weeks.

Over the next few months, who knows? $50 each?

[flashbit]

No brainer folks to the moon and maybe mars we go. 

[SushiChef]

That being said, my opinion is that (and using the speculative bubble graph as the framework), this would be somewhere between stealth and awareness stage. However, I'm sure XCurrency will go through several cycles of bubbles prior to mainstream acceptance. Large institutional investors will want proof of a solid platform prior to investing.

Yes, the speculative bubble graph can be interpreted short and long term (different cycles). In 5 years from now they will look at it and say under $50 was still smart money

[pratico]

can sb tell me why the price is rising?
is xc now fully anon ?
i dont know whats going on   

xc is right now anon, REV2 will be released tomorrow, along with other announcements to come in the coming week. rev2 will be the first step towards decentralised, mass-adopted, profitable anonimity!

To make this perfectly clear for all the newbies lurking here because of the price increase:

What does rev 2 really bring if xcoin was already anon? How does this compare to drk if both are using similar solutions? With rev. 2 will xcoin get more effective than drk?

Rev 2 brings the full multipath implementation, which compounds anonymity. This also means that XC isn't similar to other coins, as no other coin has multipath. Multipath enables trustless supernodes, which no other project has. Lastly it means that any node can be a supernode (i.e. a node that forwards transactions), meaning that we have no semi-centralisation, which, unfortunately, is an issue that other supernode-based projects have yet to resolve.

^ This

Pretty good signal that price has reached 265k sat with only 350 BTC 24 hour volume...

[McHammer]

shiiiiiiiiiiiiiit , why did i sell 600 xc

[bitcad4u]

Is there a war going on between Uro and XC?  why are Uro people claiming XC people are bashing them ?  anywan?

[qawzsx]

Is there a war going on between Uro and XC?  why are Uro people claiming XC people are bashing them ?  anywan?

WTH is Uro?

[qqryq]

Pure PoS coins are never going to be valued high since there's no actual money (invested in hardware) backing the price. Not to mention they are unfairly distributed, they benefit just early adopters who had the chance to mine them in the brief mining phase. Just look at PeerCoin for a PoS coin done right which allows mining besides staking. I predict the price is going to gracefully degrade to sub 0.002 levels in the comming days.

[dida]

Is there a war going on between Uro and XC?  why are Uro people claiming XC people are bashing them ?  anywan?

Price of URO is droping like rock and they have to be angry at somebody ....probably  

[qawzsx]

Pure PoS coins are never going to be valued high since there's no actual money (invested in hardware) backing the price. Not to mention they are unfairly distributed, they benefit just early adopters who had the chance to mine them in the brief mining phase. Just look at PeerCoin for a PoS coin done right which allows mining besides staking.

If you think that hardware is backing up the price of a coin...man, your math is so wrong...

[pratico]

Pure PoS coins are never going to be valued high since there's no actual money (invested in hardware) backing the price. Not to mention they are unfairly distributed, they benefit just early adopters who had the chance to mine them in the brief mining phase. Just look at PeerCoin for a PoS coin done right which allows mining besides staking.

If you think that hardware is backing up the price of a coin...man, your math is so wrong...

lol

[Thomas-s]

Pure PoS coins are never going to be valued high since there's no actual money (invested in hardware) backing the price. Not to mention they are unfairly distributed, they benefit just early adopters who had the chance to mine them in the brief mining phase. Just look at PeerCoin for a PoS coin done right which allows mining besides staking. I predict the price is going to gracefully degrade to sub 0.002 levels in the comming days.

lmao.

[dida]

Pure PoS coins are never going to be valued high since there's no actual money (invested in hardware) backing the price. Not to mention they are unfairly distributed, they benefit just early adopters who had the chance to mine them in the brief mining phase. Just look at PeerCoin for a PoS coin done right which allows mining besides staking. I predict the price is going to gracefully degrade to sub 0.002 levels in the comming days.

http://www.cryptocoinsnews.com/news/xcurrency-unveils-cryptographic-privacy-technology-wake-nsa-xkeyscore-outrage/2014/07/04

 

This is most moronic statement that I ever read

[SpringfieldM1A]

That being said, my opinion is that (and using the speculative bubble graph as the framework), this would be somewhere between stealth and awareness stage. However, I'm sure XCurrency will go through several cycles of bubbles prior to mainstream acceptance. Large institutional investors will want proof of a solid platform prior to investing.

Yes, the speculative bubble graph can be interpreted short and long term (different cycles). In 5 years from now they will look at it and say under $50 was still smart money

I am with you, but I think those 5 years will be a lot sooner There is no reason why XC will not have a Litecoin like market cap within 6 months. It really is the first "alt" that is poised for real world useability after Bitcoin. There are other good coins out there, with good developers but they especially cater for use on the internet (which is good, don't get me wrong) but XC will be the first cryptocurrency to escape from the niche of being "web only"

[Mwalshe89]

Pure PoS coins are never going to be valued high since there's no actual money (invested in hardware) backing the price. Not to mention they are unfairly distributed, they benefit just early adopters who had the chance to mine them in the brief mining phase. Just look at PeerCoin for a PoS coin done right which allows mining besides staking. I predict the price is going to gracefully degrade to sub 0.002 levels in the comming days.

lmao.

This is great. It reminds me of when you ask a toddler why the ocean is there and he reply's because someone left the tap on. Made me chuckle.

[cryptoholic11]

Pure PoS coins are never going to be valued high since there's no actual money (invested in hardware) backing the price. Not to mention they are unfairly distributed, they benefit just early adopters who had the chance to mine them in the brief mining phase. Just look at PeerCoin for a PoS coin done right which allows mining besides staking. I predict the price is going to gracefully degrade to sub 0.002 levels in the comming days.

 

[SpringfieldM1A]

Pure PoS coins are never going to be valued high since there's no actual money (invested in hardware) backing the price. Not to mention they are unfairly distributed, they benefit just early adopters who had the chance to mine them in the brief mining phase. Just look at PeerCoin for a PoS coin done right which allows mining besides staking. I predict the price is going to gracefully degrade to sub 0.002 levels in the comming days.

Ah a classic economist. FYI this is the 21st century, the idea that money needs to be backed up by physical stores of value (like the gold standard) was abandoned decades ago. Of course you are free to make your predictions, but so am I. In that sense I take the liberty to point out your assumptions are based on archaic economic models and therefore will hold little truth in predicting the economic viability of XC.