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?!bennscammed!?
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October 15, 2014, 11:27:58 PM |
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7
Provisional ITO rules.
This is completely separate from the XC Inc ITO, which will happen a fair bit later.
[snip]
The one thing im missing in this is: why would i want to buy into this? What's in it for token holders? You'll be speculating on the success of the biggest powerhouse in crypto. (Also, Blocknet-specific services (i.e. those not linked to any specific coin) are monetised and the revenues from them will be returned to holders.) Maybe to soon to ask now but my next question would be: where is the line? eg: Integration of 'known atm' functionality will be routed true the XBridge == XMixer == XCurrency. With that part revenue is clear. ( although got a lot of questions about choices to be made with conflicting tech) But your answer implicates that in the future there will also be 'some new' functionality (blocknet specific) thats only available to end-users (the ones that pay) in another way/tech. Think there is need for a clear line between the two set in stone. Well a decentralized exchange could be an example of some new tech that is blocknet specific.... This should be a priority I recon. The sooner this happens the sooner we can stop worrying about things like Mintpal and the likes. What a bunch of News im so excited. Btw a decentralized exchange is a must regarding this post https://docs.google.com/document/d/10JYJZ8-e_0SIXsDz_b2MYJxq8fVZ37PsOK689e4Bnng/pubfrom here https://twitter.com/ummjackson/status/522523718900133888and a little fun http://mintpal.pw/  |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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synechist
Legendary
 Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 15, 2014, 11:29:37 PM |
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Good questions! Thanks. Just a few musings of mine:
1. Won't XC's resources be hugely stretched with Blocknets (cool name btw!) development on top of an already demanding XC roadmap? I mean we're still a long way off Rev 3 and can only see it being delayed further with this new project, Dan is only human after all! - No it'll be the opposite: the huge development muscle of all the participating coins will become available (and funded) for Blocknet development. 2. I can see a lot of XC holders, myself included, hedging their bets by trading XC for shares of Blocknet. This will surely see the price of XC drop quite a bit as the XC supplied to Blocknet Inc. will be sold on the exchanges to help fund their development. - XC will not be dumped onto the market. It'll be used to pay for development. Also, XC's price will rise because shares are 10% cheaper when you buy them with XC. 3. I'm also wondering how much does Blocknet's success depend on the success of XCurrency the coin? I ask because I'm worried that if XCurrency isn't doing so well in the medium term future, for whatever reason, could Dan and co 'jump ship' so to speak and focus solely on Blocknet services? I mean that could be very profitable in its own right.
- The Blocknet is like the internet: any web company can rise or fall and it'll still be there. - XC is the powerhouse behind the majority of the Blocknet's tech. - XC Inc will launch and its purpose will be solely to develop XC-based tech. So XC will only get more powerful. |
Co-Founder, the Blocknet
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atcsecure
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October 15, 2014, 11:31:32 PM |
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3. I'm also wondering how much does Blocknet's success depend on the success of XCurrency the coin? I ask because I'm worried that if XCurrency isn't doing so well in the medium term future, for whatever reason, could Dan and co 'jump ship' so to speak and focus solely on Blocknet services? I mean that could be very profitable in its own right.
I think Arlyn answered #1 and #2, but I need everybody to understand something, XCurrency is my baby, always has and always will be - that will never change. Dan |
Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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G-Bert
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October 15, 2014, 11:33:15 PM |
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You cruel bastard hahaha! (Do not click rokkyroad) |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 15, 2014, 11:35:48 PM |
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Co-Founder, the Blocknet
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Come-In-Behind
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October 15, 2014, 11:39:50 PM |
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You cruel bastard hahaha! (Do not click rokkyroad) Literally rofl. |
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G-Bert
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October 15, 2014, 11:40:14 PM |
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shall I post a link to this in all the contributing coins threads for help with fud etc? |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 15, 2014, 11:42:12 PM |
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shall I post a link to this in all the contributing coins threads for help with fud etc? Ah, yes. Great idea. |
Co-Founder, the Blocknet
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ib88
Newbie
Offline
Activity: 56
Merit: 0
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October 15, 2014, 11:43:59 PM |
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3. I'm also wondering how much does Blocknet's success depend on the success of XCurrency the coin? I ask because I'm worried that if XCurrency isn't doing so well in the medium term future, for whatever reason, could Dan and co 'jump ship' so to speak and focus solely on Blocknet services? I mean that could be very profitable in its own right.
I think Arlyn answered #1 and #2, but I need everybody to understand something, XCurrency is my baby, always has and always will be - that will never change. Dan Good questions! Thanks. Just a few musings of mine:
1. Won't XC's resources be hugely stretched with Blocknets (cool name btw!) development on top of an already demanding XC roadmap? I mean we're still a long way off Rev 3 and can only see it being delayed further with this new project, Dan is only human after all! - No it'll be the opposite: the huge development muscle of all the participating coins will become available (and funded) for Blocknet development. 2. I can see a lot of XC holders, myself included, hedging their bets by trading XC for shares of Blocknet. This will surely see the price of XC drop quite a bit as the XC supplied to Blocknet Inc. will be sold on the exchanges to help fund their development. - XC will not be dumped onto the market. It'll be used to pay for development. Also, XC's price will rise because shares are 10% cheaper when you buy them with XC. 3. I'm also wondering how much does Blocknet's success depend on the success of XCurrency the coin? I ask because I'm worried that if XCurrency isn't doing so well in the medium term future, for whatever reason, could Dan and co 'jump ship' so to speak and focus solely on Blocknet services? I mean that could be very profitable in its own right.
- The Blocknet is like the internet: any web company can rise or fall and it'll still be there. - XC is the powerhouse behind the majority of the Blocknet's tech. - XC Inc will launch and its purpose will be solely to develop XC-based tech. So XC will only get more powerful. Thanks for the feedback. XC is the only coin I'm invested in and been following since early June. Really excited to be apart of this technological revolution. My biggest problem now is to find more funds to invest in Blocknet Inc. shares. I have a tidy sum of XC but don't want it to get any smaller!  Keep up the good work btw! |
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 15, 2014, 11:45:17 PM |
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3. I'm also wondering how much does Blocknet's success depend on the success of XCurrency the coin? I ask because I'm worried that if XCurrency isn't doing so well in the medium term future, for whatever reason, could Dan and co 'jump ship' so to speak and focus solely on Blocknet services? I mean that could be very profitable in its own right.
I think Arlyn answered #1 and #2, but I need everybody to understand something, XCurrency is my baby, always has and always will be - that will never change. Dan Good questions! Thanks. Just a few musings of mine:
1. Won't XC's resources be hugely stretched with Blocknets (cool name btw!) development on top of an already demanding XC roadmap? I mean we're still a long way off Rev 3 and can only see it being delayed further with this new project, Dan is only human after all! - No it'll be the opposite: the huge development muscle of all the participating coins will become available (and funded) for Blocknet development. 2. I can see a lot of XC holders, myself included, hedging their bets by trading XC for shares of Blocknet. This will surely see the price of XC drop quite a bit as the XC supplied to Blocknet Inc. will be sold on the exchanges to help fund their development. - XC will not be dumped onto the market. It'll be used to pay for development. Also, XC's price will rise because shares are 10% cheaper when you buy them with XC. 3. I'm also wondering how much does Blocknet's success depend on the success of XCurrency the coin? I ask because I'm worried that if XCurrency isn't doing so well in the medium term future, for whatever reason, could Dan and co 'jump ship' so to speak and focus solely on Blocknet services? I mean that could be very profitable in its own right.
- The Blocknet is like the internet: any web company can rise or fall and it'll still be there. - XC is the powerhouse behind the majority of the Blocknet's tech. - XC Inc will launch and its purpose will be solely to develop XC-based tech. So XC will only get more powerful. Thanks for the feedback. XC is the only coin I'm invested in and been following since early June. Really excited to be apart of this technological revolution. My biggest problem now is to find more funds to invest in Blocknet Inc. shares. I have a tidy sum of XC but don't want it to get any smaller! Keep up the good work btw! Thank you! (My advice for getting capital for the Blocknet ITO: find the smallest, newest participant in the Blocknet and buy some coins now.) |
Co-Founder, the Blocknet
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KimmyF
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October 15, 2014, 11:46:18 PM |
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7
Provisional ITO rules.
This is completely separate from the XC Inc ITO, which will happen a fair bit later.
[snip]
The one thing im missing in this is: why would i want to buy into this? What's in it for token holders? You'll be speculating on the success of the biggest powerhouse in crypto. (Also, Blocknet-specific services (i.e. those not linked to any specific coin) are monetised and the revenues from them will be returned to holders.) Maybe to soon to ask now but my next question would be: where is the line? eg: Integration of 'known atm' functionality will be routed true the XBridge == XMixer == XCurrency. With that part revenue is clear. ( although got a lot of questions about choices to be made with conflicting tech) But your answer implicates that in the future there will also be 'some new' functionality (blocknet specific) thats only available to end-users (the ones that pay) in another way/tech. Think there is need for a clear line between the two set in stone. Well a decentralized exchange could be an example of some new tech that is blocknet specific.... This should be a priority I recon. The sooner this happens the sooner we can stop worrying about things like Mintpal and the likes. So far XC is the only coin besides BTC that i like because the focus is on the base tech, not marketing. Hope focus stays on that untill its perfect/scalable/extendable/etc before the focus shifts to stuff like a decentralized exchange. Great things take time |
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atcsecure
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October 15, 2014, 11:48:06 PM |
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7
Provisional ITO rules.
This is completely separate from the XC Inc ITO, which will happen a fair bit later.
[snip]
The one thing im missing in this is: why would i want to buy into this? What's in it for token holders? You'll be speculating on the success of the biggest powerhouse in crypto. (Also, Blocknet-specific services (i.e. those not linked to any specific coin) are monetised and the revenues from them will be returned to holders.) Maybe to soon to ask now but my next question would be: where is the line? eg: Integration of 'known atm' functionality will be routed true the XBridge == XMixer == XCurrency. With that part revenue is clear. ( although got a lot of questions about choices to be made with conflicting tech) But your answer implicates that in the future there will also be 'some new' functionality (blocknet specific) thats only available to end-users (the ones that pay) in another way/tech. Think there is need for a clear line between the two set in stone. Well a decentralized exchange could be an example of some new tech that is blocknet specific.... This should be a priority I recon. The sooner this happens the sooner we can stop worrying about things like Mintpal and the likes. So far i XC is the only coin besides BTC that i like because the focus is on the base tech, not marketing. Hope focus stays on that untill its perfect/scalable/extendable/etc before the focus shifts to stuff like a decentralized exchange. Great things take there time XC will continue to focus on its core mission |
Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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G-Bert
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October 15, 2014, 11:55:34 PM |
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shall I post a link to this in all the contributing coins threads for help with fud etc? Ah, yes. Great idea. Done. |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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GameStarter
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October 16, 2014, 12:01:26 AM |
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Revolution is coming!
This synergy will accelerate technology development rate , media exposure and adoption.
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XChat adress + Key: XVgjcg7tnFgkthL2hi4yvXiU66FWkZ
Key: bjmK3SsiNEUC2VJkcEGTMRBmqYx3rXhxRh39BvbtpAof
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G-Bert
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October 16, 2014, 12:04:00 AM |
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Is there some big PR to come with this news?
Is there an ETA on implementation?
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XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 16, 2014, 12:04:33 AM |
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Revolution is coming!
This synergy will accelerate technology development rate , media exposure and adoption.
I couldn't agree more. |
Co-Founder, the Blocknet
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G-Bert
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October 16, 2014, 12:09:59 AM |
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Revolution is coming!
This synergy will accelerate technology development rate , media exposure and adoption.
here here! the time of 1000's of shitcoins is over! |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 16, 2014, 12:10:55 AM |
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Is there some big PR to come with this news?
Is there an ETA on implementation?
All the crypto news sites will be contacted at 3am EST. The news will be widely spread by all the other coins too. Implementation should commence once funds are collected (via the ITO), a budget created, and funds allocated to various milestones. |
Co-Founder, the Blocknet
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jibble
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October 16, 2014, 12:14:40 AM |
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G-Bert
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October 16, 2014, 12:16:00 AM |
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Is there some big PR to come with this news?
Is there an ETA on implementation?
All the crypto news sites will be contacted at 3am EST. The news will be widely spread by all the other coins too. Implementation should commence once funds are collected (via the ITO), a budget created, and funds allocated to various milestones. |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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