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

[rdnkjdi]

Jake had a great post about XC/DAC

Did XCurrency become the very first Decentralized Autonomous Company/Organization (DAC or DAO)?

For those of you that don’t know what DACs are, see the below description from Dan Larimer of Bitshares.

DACs may be simultaneously viewed as crypto-currencies and crypto-equities (unmanned businesses). As businesses, they perform services intended to be valuable to their customers.  Such services might include money transmission (Bitcoin), asset trading (BitShares), domain name services (DomainShares), or a thousand other business models sure to emerge as people realize that DACs are not mere “altcoins”.

DACs pay for the services they need (like computer resources and bandwidth) with shares of their own company “stock”.  They charge for their services using those same shares. Finally, they transfer all profits they earn to their shareholders denominated in those same shares.  To the extent that their services are in demand, those same shares will be in demand. Just like a brick and mortar and flesh and blood company.

What service does XC provide to it’s customers?  Private transactions
Who pays the fee for the services?  Holders of XC that want to perform private transactions.
Who owns profitable shares of XC?  Xnode holders own the profitable shares.
Who makes the fees from the services rendered?  Xnode holders
How do you own an Xnode?  By owning XC
Is it profitable for the owners of the shares (Xnode)?  Yes
Does the profit get distributed autonomously to Xnode holders?  Yes
Is the profit distributed with shares of their own company (XC)?  Yes
Is XC decentralized?  Yes

Conclusion:

XC may have achieved something much more momentous than just anonymous transactions.  If what I’m saying is correct, then XC has just beaten out Dan Larimer of Bitshares, Vitalik Buterin of Ethereum, Mastercoin, NXT, and every other significant crypto developer to become the very first DAC/DAO.

Any thoughts?  Besides what the moon will look like.

So basically.  Any coin offering offering volume (ability to move wealth), anonymity (ability to avoid being watched), programmable blockchain (NXT anyone?) or any other feature.  And is also a PoS coin is considered a DAC?  Hasn't NXT been around for way longer?

Think I'll stick w bitmessage ....

[cyberhacker]

XC is very different from NXT.

NXT is accused of poor distribution.

XC is POW+POS, fairly distributed and featured with multipath tech.

also more features if you can read OP.

[SpringfieldM1A]

Coverage of XC on Bitcoinist.net


http://bitcoinist.net/xcurrency-a-serious-contender-for-the-2-0-crown/



Spread the word:

Twitter: https://twitter.com/XCurrency/status/504245718803296256

Facebook: https://www.facebook.com/XCurrency?fref=ts

From the article - "With development led by Boston based Dan Metcalk, XCurrency is still technically a DAC."

Where did he get the idea that XC is a DAC?  As far as I knew, there isn't anything contained within XC that would qualifies anything of that nature at this time.  Is he confusing XC with the recent BTSX excitement or is there a veiled hint in there?

Web 3.0

Finally the outside world is catching up on the fact of XC being a company instead of "just a coin" And those XC "coins" you are holding? well those are stock. I've been saying this for months.
I wouldn't be surprised if some bigshot company swoops down and says "listen Dan, we want to buy ALL of your tech, the messaging, your web 3.0 EVERYTHING" Well when that happens, any XC holder will have a very big grin on their face. If you hold 1k+ XC and such a takeover is even suggested you won't need to work another day in your life again. I am not saying that XC will ever be sold, but take it from me there will be huge interest.

It won't be tomorrow, but the fundamentals are being laid out further every day. Just hold on to your "coins" and don't ever make the mistake of selling them because you are impatient.

The trick to being succesful in this crazy crypto world is to invest in platforms that offer real world applicability, not just in "crypto currencies". Crypto won't be going away, you can count on that. But in the end only a couple of currencies will prevail, which are being used in infrastructures or platforms. These platforms have to offer something that people either need or want, with XC it's privacy and that's something that, in the light of current and future world affairs, everybody needs and wants. That gives intrinsic value to the XC platform, regardless of current unit price or market cap.

[TheGer]

So what's the status on the Multipool?

[holyprofit]

XCurrency is getting some great publicity these days, good job!
Btw am I the only one seeing the XC logarithmic chart on mintpal as a giant falling wedge that will reach it's target between 1st and 9th of September?

Short answer is no you're not!

[G-Bert]

http://www.reddit.com/r/CryptoCurrency/comments/2emjqs/per_some_of_my_readers_request_i_took_a_look_at/

Everyone should upvote this.    

edit: http://www.reddit.com/r/CryptoCurrency/comments/2ejze1/xcurrencys_web_30_a_blockchainbased_content/

And this one. try keep XC all over the front page 

[LD2164]

So what's the status on the Multipool?

I've been using this one: http://www.altmining.farm
because the one at hashevolved is down
but their payouts seem a bit low
and I haven't gotten payed for the past few days
but I an still mining there because my alternative is dark and that is looking like a bit of a lost cause right now.

[KimmyF]

So what's the status on the Multipool?

I've been using this one: http://www.altmining.farm
because the one at hashevolved is down
but their payouts seem a bit low
and I haven't gotten payed for the past few days
but I an still mining there because my alternative is dark and that is looking like a bit of a lost cause right now.

Had a nice run with my gpu miners but all shutdown atm, hot summer and roi was just to low. What kind of return you get these days?

[Mountaingoat]

Guys, you need to convince MrWDunne or Reddit user Mimex of adding XC to Mimex.

If you don't know what Mimex is, it is an upcomming exchange, you can read about it here: Mimex.

[onealfa]

Btw am I the only one seeing the XC logarithmic chart on mintpal as a giant falling wedge that will reach it's target between 1st and 9th of September?

Relax. You are not alone  But ...I can hardly name it "falling"

[Artoodeetoo]

What happens then?

[Mountaingoat]

Btw am I the only one seeing the XC logarithmic chart on mintpal as a giant falling wedge that will reach it's target between 1st and 9th of September?

Relax. You are not alone  

What does that mean?

[xojex]

What does that mean?

http://www.investopedia.com/university/charts/charts7.asp

[Pizpie]

So what's the status on the Multipool?

The MP is being worked on and we will have some more news soon.

[Mountaingoat]

What does that mean?

http://www.investopedia.com/university/charts/charts7.asp

So that will be the lowest point?

[onealfa]

What happens then?

https://www.youtube.com/watch?v=n4RjJKxsamQ 

[wooder]

What does that mean?

http://www.investopedia.com/university/charts/charts7.asp

So that will be the lowest point?

doing a technical analysis on that small datasets and markets that have a low marketcap is nonesense and won't provide any future predictions you should count on. Nearly all crypto markets are manipulated as only a small amount of BTC/LTC is needed to create a sudden price increase.

It has the same amount of information as the "richlist"

[SpringfieldM1A]

What does that mean?

http://www.investopedia.com/university/charts/charts7.asp

He is hinting on a flag pattern breakout, which I think is very possible

[Mountaingoat]

What does that mean?

http://www.investopedia.com/university/charts/charts7.asp

He is hinting on a flag pattern breakout, which I think is very possible

I really do not know what that means, I will try and find it out.

[holyprofit]

What does that mean?

http://www.investopedia.com/university/charts/charts7.asp

So that will be the lowest point?

doing a technical analysis on that small datasets and markets that have a low marketcap is nonesense and won't provide any future predictions you should count on. Nearly all crypto markets are manipulated as only a small amount of BTC/LTC is needed to create a sudden price increase.

It has the same amount of information as the "richlist"

Not sure I agree. Manipulated or not, if TA was completely invalid you wouldn't see the same patterns in crypto as normal stocks, but
if anything the TA patterns are more precisely followed - e.g. the accuracy of resistance and support lines is often
amazing including for XC. On the other hand you can ask if TA "predictions" in general aren't just confirmation bias and there I might have to agree - if you go
on tradingview you get as many conflicting predictions of future btc/usd movements as there are assholes - (i.e. a lot). But  
anyway I'll throw my hat in the ring and say that TA's indicating a movement (probably up) before the 11th.  EDIT: by the way I'm sure we
can revisit these pages on the 12th and see how we did.