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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1483641 times)
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?!bennscammed!?
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October 20, 2014, 09:37:17 PM
 #29961

How do we get the shares off the exchange? will there be a wallet?
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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ib88
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October 20, 2014, 09:41:13 PM
 #29962

SDC no longer part of it ?

They pulled out a few days ago without explaining why. Seems the dev there was pressured by a couple whales to pull out. No official reason given.
tat123
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October 20, 2014, 09:41:34 PM
 #29963

SDC no longer part of it ?

Long-windedAndShort-sighted complained to Ryno, as well as PoopieLaxitive... so no. They are out.
akula999
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October 20, 2014, 09:42:21 PM
 #29964

So if dividends are issued, then who will supply tax paperwork to back up the payments? Or will you reword it to something else other than dividends?  Grin

Bitcoin: 1FzZehkiwfeeUmfmBrym8VvXX7gUj3miHe
XMR: 4AqrzGPfEKeZrVXyPDNXUrNeKZZGNYiXMDoY49PvdffKNTRg6xp2Qz74SZ72gT5F9HH8Vaic99ndRg6 UBGcVijaNStQjwwf
synechist
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October 20, 2014, 09:42:59 PM
 #29965

How do we get the shares off the exchange? will there be a wallet?

Yes there'll be a traditional wallet initially.

Then once the Blocknet gains the capacity to pay dividends on shares, you'll redeem your tokens for shares on the NHZ asset exchange.


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synechist
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October 20, 2014, 09:43:20 PM
 #29966

So if dividends are issued, then who will supply tax paperwork to back up the payments? Or will you reword it to something else other than dividends?  Grin

Heh. Reword. Or something.


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October 20, 2014, 09:43:44 PM
 #29967

Well done Synechist on a very well written press release. A question regarding the shares:

If someone buys 100,000 shares they own 1% of Blocknet Inc if all shares are sold. If, however, not all the shares are sold does that percentage increase? I'm assuming yes but just checking...

Thanks :-)

Yes it would increase the percentage.

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ssmc2
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October 20, 2014, 09:44:51 PM
 #29968

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.
The-C-Word
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October 20, 2014, 09:49:12 PM
 #29969

Will dividends will be paid in Btc, Fiat, or in the coin the shares were purchased with?
infinitechaos
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October 20, 2014, 09:50:35 PM
 #29970

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

Remember you can also use XC for the XC Inc. ITO in Q1 2015.

I'll probably save my XC and get Blocknet shares with other coins.

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synechist
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October 20, 2014, 09:50:49 PM
 #29971

Will dividends will be paid in Btc, Fiat, or in the coin the shares were purchased with?

You should be able to receive them in any fee through the decentralised exchange.

Not fiat though.

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Nuttynut1987
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October 20, 2014, 09:54:31 PM
 #29972

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

Remember you can also use XC for the XC Inc. ITO in Q1 2015.

I'll probably save my XC and get Blocknet shares with other coins.

now it gets confusing - what do ya mean exactly?
ssmc2
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October 20, 2014, 09:55:01 PM
 #29973

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

Remember you can also use XC for the XC Inc. ITO in Q1 2015.

I'll probably save my XC and get Blocknet shares with other coins.

That's right! I forgot about that haha. Not making this any easier  Tongue
tat123
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October 20, 2014, 09:55:44 PM
 #29974

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

This is actually a big concern for me. Where is the 2500 BTC going to come from? Will XC holders start dumping to buy shares? I understand that the coins involved all have a community, but XC is by far the biggest. So I am a little worried that XC may take a hit. Any opinions to quell my fears is appreciated.
akula999
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October 20, 2014, 09:58:28 PM
 #29975

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

This is actually a big concern for me. Where is the 2500 BTC going to come from? Will XC holders start dumping to buy shares? I understand that the coins involved all have a community, but XC is by far the biggest. So I am a little worried that XC may take a hit. Any opinions to quell my fears is appreciated.

Not all 2500 BTC will be needed. They will offer ITO until incoming funds run out (to my understanding). So if 100 BTC comes in, then that's it.

Bitcoin: 1FzZehkiwfeeUmfmBrym8VvXX7gUj3miHe
XMR: 4AqrzGPfEKeZrVXyPDNXUrNeKZZGNYiXMDoY49PvdffKNTRg6xp2Qz74SZ72gT5F9HH8Vaic99ndRg6 UBGcVijaNStQjwwf
synechist
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October 20, 2014, 09:58:51 PM
 #29976

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

This is actually a big concern for me. Where is the 2500 BTC going to come from? Will XC holders start dumping to buy shares? I understand that the coins involved all have a community, but XC is by far the biggest. So I am a little worried that XC may take a hit. Any opinions to quell my fears is appreciated.

If XC is spent, its price won't decrease at all.

People won't sell XC for BTC. They'll sell XC for Blocknet tokens.

Co-Founder, the Blocknet
Driv3n
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October 20, 2014, 10:00:40 PM
 #29977

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

This is actually a big concern for me. Where is the 2500 BTC going to come from? Will XC holders start dumping to buy shares? I understand that the coins involved all have a community, but XC is by far the biggest. So I am a little worried that XC may take a hit. Any opinions to quell my fears is appreciated.

If XC is spent, its price won't decrease at all.

People won't sell XC for BTC. They'll sell XC for Blocknet tokens.


Paying in XC offers a 10% discount so no one should sell XC for BTC to invest, they would do the opposite to acquire more shares.
ib88
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October 20, 2014, 10:02:23 PM
 #29978

What privileges do participating coins have for being a member of the Foundations board? is it just voting rights or do they get some of the profits?
Come-In-Behind
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October 20, 2014, 10:03:21 PM
 #29979

Hmmm so I'm torn... if I only have 1k XC do I sell some to buy shares OR do I keep the 1k since with that I can run an X-mixer. What to do.

This is actually a big concern for me. Where is the 2500 BTC going to come from? Will XC holders start dumping to buy shares? I understand that the coins involved all have a community, but XC is by far the biggest. So I am a little worried that XC may take a hit. Any opinions to quell my fears is appreciated.

If XC is spent, its price won't decrease at all.

People won't sell XC for BTC. They'll sell XC for Blocknet tokens.


Paying in XC offers a 10% discount so no one should sell XC for BTC to invest, they would do the opposite to acquire more shares.

Oh I didn't know that you get a 10% discount from using XC to buy shares...Was going to use XC anyway to get the shares.
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October 20, 2014, 10:03:27 PM
 #29980

Nice.  Now I have to juggle between how much blockNET and XC Inc. to get.
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