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

[Mountaingoat]

Guys do you think BTC is DEAD? I mean it seem it is on the verge on another Dump after the paypall ann..

I don't think so, Bitcoin is and always will be the main cryptocurrency.

But that is just my thoughts on it.

I know it was a stupid question.. But it seems that it is struggling a lot on going Mainstream it is really high in difficulty but not so in price and if It continues like that it will not be profitable anymore to mine and the network hence the price will go further down..there could be a downward spiral..but maybe im just paranoid..It is that now I do not really see any value in BTC and any others Crypto rather then XC..

Everything new struggles, only time will tell.

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[cryptico]

Guys do you think BTC is DEAD? I mean it seem it is on the verge on another Dump after the paypall ann..

I don't think so, Bitcoin is and always will be the main cryptocurrency.

But that is just my thoughts on it.

I know it was a stupid question.. But it seems that it is struggling a lot on going Mainstream it is really high in difficulty but not so in price and if It continues like that it will not be profitable anymore to mine and the network hence the price will go further down..there could be a downward spiral..but maybe im just paranoid..It is that now I do not really see any value in BTC and any others Crypto rather then XC..

Bitcoin is literally just doing what its good at right now. The price swings can easily make up loss margins on no time at all. http://www.coindesk.com/hedge-fund-gabi-makes-first-bitcoin-purchase-via-digitalbtc/   - That link for example, Hedge fund firm Gabi pledging to invest 200 million into bitcoin within the next 6 months, through OTC trades, but still. Most other big money is waiting for the regulation to be a little bit more clear before dumping their money into it as well. The bitcoin ETF will also play a large role once that is able to be traded on NASDAQ.

What is the Bitcoin ETF?

[synechist]

Coin Telegraph features XC's ITO!




http://cointelegraph.com/news/112597/xcurrency-plans-to-launch-public-corporation-currently-bullet-proofing-its-code



Social media:

Twitter: https://twitter.com/XCurrency/status/514878667173134336

Facebook: https://www.facebook.com/XCurrency/posts/1549809571909611?notif_t=like

[Mountaingoat]

Coin Telegraph features XC's ITO!




http://cointelegraph.com/news/112597/xcurrency-plans-to-launch-public-corporation-currently-bullet-proofing-its-code



Social media:

Twitter: https://twitter.com/XCurrency/status/514878667173134336

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

I am just waiting for a site to feature the official unofficial mascot.

[savagesam]

Guys do you think BTC is DEAD? I mean it seem it is on the verge on another Dump after the paypall ann..

I don't think so, Bitcoin is and always will be the main cryptocurrency.

But that is just my thoughts on it.

I know it was a stupid question.. But it seems that it is struggling a lot on going Mainstream it is really high in difficulty but not so in price and if It continues like that it will not be profitable anymore to mine and the network hence the price will go further down..there could be a downward spiral..but maybe im just paranoid..It is that now I do not really see any value in BTC and any others Crypto rather then XC..

Bitcoin is literally just doing what its good at right now. The price swings can easily make up loss margins on no time at all. http://www.coindesk.com/hedge-fund-gabi-makes-first-bitcoin-purchase-via-digitalbtc/   - That link for example, Hedge fund firm Gabi pledging to invest 200 million into bitcoin within the next 6 months, through OTC trades, but still. Most other big money is waiting for the regulation to be a little bit more clear before dumping their money into it as well. The bitcoin ETF will also play a large role once that is able to be traded on NASDAQ.

What is the Bitcoin ETF?

Its being constructed and put together by the Winklevoss twins. It means formal investors that buy stocks will be able to buy bitcoin through actual stock exchanges. Not having to worry about actually holding coin and what to do with it. In their wording it states that when investors do buy their ETF on NASDAQ which will be called COIN, they have to turn around and buy bitcoin through the regulated exchanges, hence bringing up the price. Bitcoin will be bought and sold through traditional stock exchanges pretty much. Its all just waiting on US regulation so it can actually get its stamp of approval.

[jibble]

Anybody else watched the new season of person of interest, they were making a secure communications network made from Nodes and mesh networks, done in a different way, just was funny to see.

[synechist]

Coin Telegraph features XC's ITO!

[snip]


http://cointelegraph.com/news/112597/xcurrency-plans-to-launch-public-corporation-currently-bullet-proofing-its-code



Social media:

Twitter: https://twitter.com/XCurrency/status/514878667173134336

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

I am just waiting for a site to feature the official unofficial mascot.

One day MountainGoat.

[sugarboy321]

Guys do you think BTC is DEAD? I mean it seem it is on the verge on another Dump after the paypall ann..

Yes, I have done some research on this. Bitcoin is suffering from a few hiccups that will turn into a full grown plague and die a gruesome death, then it will get run over by a train.

In bitcoin the P2P node and the miner are separate, unlike XC where the node and POS is incorporated in the wallet. This article explains that there is no benefit from having a Node online. All the benefits go to the miners who are rewarded for processing the transaction. If there are few nodes operating it might create a bottleneck for transactions to be processed.

http://www.coindesk.com/bitcoin-nodes-need/

The bitcoin difficulty requires the miners who process the transaction to use ASIC miners. They use a lot of power and generate a lot of heat, from what I have read forcing the miners to convert BTC to Fiat to pay for the Cooling and the energy expenses. If the bitcoin price drops below the miners expenditures than the miner might be taken offline until the price becomes profitable. The more miners taken offline then the slower the bitcoin transaction will take.

I personally do not believe that ASIC technology will be able to keep up with the bitcoin difficulty vs profit. I also do not believe that bitcoin will reach it's 21 million max coin mark.

I believe the only hope bitcoin has is to convert to a POS system, this will piss a lot of ASIC miners off because they spent $50,000 for mining gear.

https://bitcointalk.org/index.php?topic=68213.0

please be kind in your responses


Oh yeah, forget to mention this, BLOCKCHAIN bloat anyone? The size requirements are enormous. Current space requirements 22 GB, as of today.

https://blockchain.info/charts/blocks-size  

[synechist]

Coin Telegraph features XC's ITO!

[snip]


http://cointelegraph.com/news/112597/xcurrency-plans-to-launch-public-corporation-currently-bullet-proofing-its-code



Social media:

Twitter: https://twitter.com/XCurrency/status/514878667173134336

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

I am just waiting for a site to feature the official unofficial mascot.

One day MountainGoat.

On a more serious note, this is a high quality article.

It's great to see more and more solid, original work about XC coming out.

[sugarboy321]

XCurrency needs its own exchange.

Xchange?

Nice, I like that.

[rdnkjdi]

XCurrency needs its own exchange.

Xchange?

Nice, I like that.

You should partner with Jasinlee.  He's coming out with one.

https://fibonacci.io/

[laredo7mm]

I am just waiting for a site to feature the official unofficial mascot.

imgur has you covered

[Mountaingoat]

Granted that this isn't my finest work, but here is another one of my creations.

[synechist]

My, what a... metaphysical cape you have.

[sugarboy321]

I am just waiting for a site to feature the official unofficial mascot.

imgur has you covered

It needs a XC tattoo on his forehead.

[sugarboy321]

ok, so how do we get XC on the China exchange?

http://www.cryptocoincharts.info/markets/info

[Mountaingoat]

My, what a... metaphysical cape you have.

It isn't one of my finest creations unfortunately.

[policymaker]

I am noticing something.

Almost everybody in this thread is very exited and supportive of XCurrency and they say that this is going to be the coin of the future.

But when I go to another coin thread I see the exact same thing.

Can somebody explain to me why this is?

From the first time Dan was proven to be the real him, this coin gained a lot of attention I assure you. A couple of months ago or more, I think around June, I had a very interesting discussion with some1 much more experienced in crypto than me, and a lot of people in here actually. He raised some quite legitimate concerns on a couple of XC weaknesses/flaws, that he supported where enough not to let him invest in the coin(at least not that much). He did agree that XC the second most serious privacy competitor in a market of two, because of Dan's resume and up to then results in XC.

That was pre-rev1. The couple of "issues" he brought up, have since been ironed out, eradicated, actually. So if I were to take his word back then, and fast forward to today, with all the latest XC buzz even he would go all in XC.

[cryptico]

Granted that this isn't my finest work, but here is another one of my creations.

ahhahahahahahhahahahah GENIUS!!

[holyprofit]

Coin Telegraph features XC's ITO!




http://cointelegraph.com/news/112597/xcurrency-plans-to-launch-public-corporation-currently-bullet-proofing-its-code



Social media:

Twitter: https://twitter.com/XCurrency/status/514878667173134336

Facebook: https://www.facebook.com/XCurrency/posts/1549809571909611?notif_t=like

Superb ! I just love rereading it