policymaker
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 210
Merit: 100
Crypto Currency Supporter
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:06:28 PM |
|
We need a estimated XC payout on the new multipool pool... i know i dont mine for nothing but i like to see a progress on my mining
yeah its still beta so I guess all these stuff will be available at some point. Its just nice to know team's working on so many things at the same time and actually delivering!
|
|
|
|
wevus
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 70
Merit: 10
Long Term Investor with Short Term Memory Loss
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:10:10 PM |
|
Never a dull moment in XC land. This weekend we are looking to test out the XC Multipool. We need SHA256, scrypt and X11 miners for testing the backend. If your interested in testing - head over to http://www.hashevolved.com/ to get started. We may need to restart the pool at times for updates, your miners should automatically reconnect when we do. thanks, ATCSECURE Never mined x11 before, but now's a good a time as any. 6 card 750 ti rig pointing to :5555 with new ccminer 3.5 - Anyone know what MH I should expect on x11 with this rig? 750 ti gets around 2.3 mhz per card, if your question hasnt been answered yet
|
XChat: XQ6YhjRgXHuZKPwDTps6J6i8mwdYnXYdtY Donatations for the starving pigmies: XC XSoc3Eb7u2EwMaqV6jYChHrhdDvtZp6Cap BTC 1ALk4YtmNTLwAvPZszQvrNwmrUBSUPXNKr
|
|
|
therightmintality
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 98
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:10:22 PM |
|
As a traditional investment professional, as I have stated before, I am impressed with the underlying fundamentals. A good traditional stock has a good management team, good R & D to stays relevant and appealing to the masses, and if lucky enough a dividend. XC has a great management team, cutting edge technology that has been delivered or is being worked on that will have mass appeal, and it coins increase only 3.3% a year, which is similar to a dividend being paid to current holders. It also has a market cap of $4 to $5 million with plenty of room for growth.
Other coins that intrigued me at first have some flawed fundamentals. They over promise and under deliver. They do no have a set amount of coins (shares). This will lead to dilution. An example is a traditional stock who's price increased over the years and it becomes cumbersome to record keep so they do a stock split. A 2-1 split increases everyones shares by 2, but cuts the price in half. A few other coins have less than half of their final coin number in circulation. This will cause dilution of that coin over time... It simple economics. You look at these same coins and they will have resistance to growth. Say a coin has a $40 million market cap, or approx. 10x XC's, it will struggle to grow. It will take another $40 million to double the price, it will also take more if the number of coins continues to grow as mining continues and causes dilution. You are looking at a $60-$80 million of additional market capitalization to double the price. While doubling is not bad, I see XC with as much or more technology as these coins after only 6 weeks. I see the roadmap and the marketing that has been organized, the developer and his skill set, and the fact this coin can not be diluted as an opportunity that is very rare. A chance to earn many times your initial investment if you hold and trust the plan. As I said before, I bought more earlier this week when the price was low, and will continue to hold until I see a bad diversion from the plan. However, I don't expect this, because so far this team has under promised and over delivered and I expect this to continue.
|
|
|
|
Artoodeetoo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:14:40 PM |
|
As an traditional investment professional, as I have stated before, I am impressed with the underlying fundamentals. A good traditional stock has a good management team, good R & D to stays relevant and appealing to the masses, and if lucky enough a dividend. XC has a great management team, cutting edge technology that has been delivered or is being worked on that will have mass appeal, and it shares increase only 3.3% a year, which is similar to a dividend being paid to current holders. It also has a market cap of $4 to $5 million with plenty of room for growth.
Other coins that intrigued me at first have some flawed fundamentals. They over promise and under deliver. They do no have a set amount of coins (shares). This will lead to dilution. An example is a traditional stock who's price increased over the years and it becomes cumbersome to record keep so they do a stock split. A 2-1 split increases everyones shares by 2, but cuts the price in half. A few other coins have less than half of their final coin number in circulation. This will cause dilution of that coin over time... It simple economics. You look at these same coins and they will have resistance to growth. Say a coin has a $40 million market cap, or approx. 10x XC's, it will struggle to grow. It will take another $40 million to double the price, it will also take more if the number of coins continues to grow as mining continues and causes dilution. You are looking at a $60-$80 million of additional market capitalization to double the price. While doubling is not bad, I see XC with as much or more technology as these coins after only 6 weeks. I see the roadmap and the marketing that has been organized, the developer and his skill set, and the fact this coin can not be diluted as an opportunity that is very rare. A chance to earn many times your initial investment if you hold and trust the plan. As I said before, I bought more earlier this week when the price was low, and will continue to hold until I see a bad diversion from the plan. However, I don't expect this, because so far this team has under promised and over delivered and I expect this to continue.
Have to agree with this 100% ....
|
DASH #DashDC #DashIntoDigitalCash
|
|
|
qawzsx
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 280
Merit: 250
NOT FUD! FACTS!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:16:39 PM |
|
As a traditional investment professional, as I have stated before, I am impressed with the underlying fundamentals. A good traditional stock has a good management team, good R & D to stays relevant and appealing to the masses, and if lucky enough a dividend. XC has a great management team, cutting edge technology that has been delivered or is being worked on that will have mass appeal, and it coins increase only 3.3% a year, which is similar to a dividend being paid to current holders. It also has a market cap of $4 to $5 million with plenty of room for growth.
Other coins that intrigued me at first have some flawed fundamentals. They over promise and under deliver. They do no have a set amount of coins (shares). This will lead to dilution. An example is a traditional stock who's price increased over the years and it becomes cumbersome to record keep so they do a stock split. A 2-1 split increases everyones shares by 2, but cuts the price in half. A few other coins have less than half of their final coin number in circulation. This will cause dilution of that coin over time... It simple economics. You look at these same coins and they will have resistance to growth. Say a coin has a $40 million market cap, or approx. 10x XC's, it will struggle to grow. It will take another $40 million to double the price, it will also take more if the number of coins continues to grow as mining continues and causes dilution. You are looking at a $60-$80 million of additional market capitalization to double the price. While doubling is not bad, I see XC with as much or more technology as these coins after only 6 weeks. I see the roadmap and the marketing that has been organized, the developer and his skill set, and the fact this coin can not be diluted as an opportunity that is very rare. A chance to earn many times your initial investment if you hold and trust the plan. As I said before, I bought more earlier this week when the price was low, and will continue to hold until I see a bad diversion from the plan. However, I don't expect this, because so far this team has under promised and over delivered and I expect this to continue.
Always trust a serious face Take a look at Dan, and know that you're in good hands
|
|
|
|
dadon
Legendary
Offline
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:18:45 PM |
|
As a traditional investment professional, as I have stated before, I am impressed with the underlying fundamentals. A good traditional stock has a good management team, good R & D to stays relevant and appealing to the masses, and if lucky enough a dividend. XC has a great management team, cutting edge technology that has been delivered or is being worked on that will have mass appeal, and it coins increase only 3.3% a year, which is similar to a dividend being paid to current holders. It also has a market cap of $4 to $5 million with plenty of room for growth.
Other coins that intrigued me at first have some flawed fundamentals. They over promise and under deliver. They do no have a set amount of coins (shares). This will lead to dilution. An example is a traditional stock who's price increased over the years and it becomes cumbersome to record keep so they do a stock split. A 2-1 split increases everyones shares by 2, but cuts the price in half. A few other coins have less than half of their final coin number in circulation. This will cause dilution of that coin over time... It simple economics. You look at these same coins and they will have resistance to growth. Say a coin has a $40 million market cap, or approx. 10x XC's, it will struggle to grow. It will take another $40 million to double the price, it will also take more if the number of coins continues to grow as mining continues and causes dilution. You are looking at a $60-$80 million of additional market capitalization to double the price. While doubling is not bad, I see XC with as much or more technology as these coins after only 6 weeks. I see the roadmap and the marketing that has been organized, the developer and his skill set, and the fact this coin can not be diluted as an opportunity that is very rare. A chance to earn many times your initial investment if you hold and trust the plan. As I said before, I bought more earlier this week when the price was low, and will continue to hold until I see a bad diversion from the plan. However, I don't expect this, because so far this team has under promised and over delivered and I expect this to continue.
so what do you think...do you see any reason why in the next few years XC cant have a marketcap equal to BTC..what do you think the future holds, if XC keeps delivering like it has?
|
|
|
|
benthach
Legendary
Offline
Activity: 1764
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:21:11 PM |
|
XC need to copy SuperCoin wallet idea, it is the best one right now.
|
reddit btcwriter1 - twitter kingpininvestor
|
|
|
GrGr
Newbie
Offline
Activity: 39
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:26:25 PM |
|
XC need to copy xxxxxxxx wallet idea, it is the best one right now.
No we need to go our own way. To copy something is stupid and lazy ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
|
|
|
|
benthach
Legendary
Offline
Activity: 1764
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:31:37 PM |
|
XC need to copy SuperCoin wallet idea, it is the best one right now.
No we need to go our own way. To copy something is stupid and lazy ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) just some idea. i don't think it can copy.
|
reddit btcwriter1 - twitter kingpininvestor
|
|
|
JCPoon
Newbie
Offline
Activity: 40
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:33:11 PM |
|
Just turned my 12 MH into the pool.... didn't even make a sound
|
|
|
|
Artoodeetoo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:40:57 PM |
|
XC need to copy xxxxxxxx wallet idea, it is the best one right now.
No we need to go our own way. To copy something is stupid and lazy ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Exactly, check the roadmap, we have more than enough to keep us busy for now!
|
DASH #DashDC #DashIntoDigitalCash
|
|
|
BrewCrewFan
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:43:41 PM |
|
0 stratum+tcp://stratum.hashevolved.com:5555 48.0 c 99% 2749 Kh/s 60 / 0 0.00% 200 Series 70% (3026) 1170 Mhz 1200 Mhz 1 stratum+tcp://stratum.hashevolved.com:5555 50.0 c 99% 2609 Kh/s 45 / 0 0.00% 200 Series 70% (2913) 1100 Mhz 1200 Mhz 2 stratum+tcp://stratum.hashevolved.com:5555 51.0 c 99% 2755 Kh/s 51 / 0 0.00% 200 Series 70% (3104) 1170 Mhz 1200 Mhz 3 stratum+tcp://stratum.hashevolved.com:5555 46.0 c 99% 2713 Kh/s 38 / 0 0.00% 200 Series 70% (2828) 1150 Mhz 1200 Mhz 4 stratum+tcp://stratum.hashevolved.com:5555 43.0 c 99% 2715 Kh/s 43 / 0 0.00% 200 Series 70% (2724) 1150 Mhz 1200 Mhz
all 270x 0,2 gigabyte 1,3,4 saphire
Dead God man.... look at your temps... no need to run those fans so high you will burn them out faster!
|
|
|
|
RW-Stott
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:47:15 PM |
|
XC need to copy xxxxxxxx wallet idea, it is the best one right now.
No we need to go our own way. To copy something is stupid and lazy ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) +11 or how about xc's anon solution is superior? so why would it copy? hello?
|
|
|
|
Grifftech2k4
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:49:31 PM |
|
As a traditional investment professional, as I have stated before, I am impressed with the underlying fundamentals. A good traditional stock has a good management team, good R & D to stays relevant and appealing to the masses, and if lucky enough a dividend. XC has a great management team, cutting edge technology that has been delivered or is being worked on that will have mass appeal, and it coins increase only 3.3% a year, which is similar to a dividend being paid to current holders. It also has a market cap of $4 to $5 million with plenty of room for growth.
Other coins that intrigued me at first have some flawed fundamentals. They over promise and under deliver. They do no have a set amount of coins (shares). This will lead to dilution. An example is a traditional stock who's price increased over the years and it becomes cumbersome to record keep so they do a stock split. A 2-1 split increases everyones shares by 2, but cuts the price in half. A few other coins have less than half of their final coin number in circulation. This will cause dilution of that coin over time... It simple economics. You look at these same coins and they will have resistance to growth. Say a coin has a $40 million market cap, or approx. 10x XC's, it will struggle to grow. It will take another $40 million to double the price, it will also take more if the number of coins continues to grow as mining continues and causes dilution. You are looking at a $60-$80 million of additional market capitalization to double the price. While doubling is not bad, I see XC with as much or more technology as these coins after only 6 weeks. I see the roadmap and the marketing that has been organized, the developer and his skill set, and the fact this coin can not be diluted as an opportunity that is very rare. A chance to earn many times your initial investment if you hold and trust the plan. As I said before, I bought more earlier this week when the price was low, and will continue to hold until I see a bad diversion from the plan. However, I don't expect this, because so far this team has under promised and over delivered and I expect this to continue.
Excellent and useful analysis my good sir. Thank you!
|
|
|
|
ChilliWinter
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:50:32 PM |
|
|
Cloakcoin, Blocknet and Syscoin supporter
|
|
|
therightmintality
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 98
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:52:34 PM |
|
As a traditional investment professional, as I have stated before, I am impressed with the underlying fundamentals. A good traditional stock has a good management team, good R & D to stays relevant and appealing to the masses, and if lucky enough a dividend. XC has a great management team, cutting edge technology that has been delivered or is being worked on that will have mass appeal, and it coins increase only 3.3% a year, which is similar to a dividend being paid to current holders. It also has a market cap of $4 to $5 million with plenty of room for growth.
Other coins that intrigued me at first have some flawed fundamentals. They over promise and under deliver. They do no have a set amount of coins (shares). This will lead to dilution. An example is a traditional stock who's price increased over the years and it becomes cumbersome to record keep so they do a stock split. A 2-1 split increases everyones shares by 2, but cuts the price in half. A few other coins have less than half of their final coin number in circulation. This will cause dilution of that coin over time... It simple economics. You look at these same coins and they will have resistance to growth. Say a coin has a $40 million market cap, or approx. 10x XC's, it will struggle to grow. It will take another $40 million to double the price, it will also take more if the number of coins continues to grow as mining continues and causes dilution. You are looking at a $60-$80 million of additional market capitalization to double the price. While doubling is not bad, I see XC with as much or more technology as these coins after only 6 weeks. I see the roadmap and the marketing that has been organized, the developer and his skill set, and the fact this coin can not be diluted as an opportunity that is very rare. A chance to earn many times your initial investment if you hold and trust the plan. As I said before, I bought more earlier this week when the price was low, and will continue to hold until I see a bad diversion from the plan. However, I don't expect this, because so far this team has under promised and over delivered and I expect this to continue.
so what do you think...do you see any reason why in the next few years XC cant have a marketcap equal to BTC..what do you think the future holds, if XC keeps delivering like it has? Potentially... I think it has one of the best chances to emerge. A couple of reasons why... If this coin continues with its advancement on a technical side as well as doing those things that make it easier for the general population to adopt, it will grow its base. It won't fight dilution, Its coins in circulation are set, except for 3.3% (which may not be as much as those lost). So if it would go to $1000k a coin, you would be able to add other forms of XC easier. This would be much like the US having pennies, nickels, dimes, quarters, dollars, tens, twenties etc. If it has an easy payment system and you can use an XC credit card on one of the networks (visa, mc, discover) to buy goods and services across the world, especially if physically traveling the sky is the limit. I went overseas this year and had to convert the US dollar to a foreign currency. I did this at a currency desk at a large bank. I paid a premium when exchanging before the trip and exchanged at a discount when I returned home, not to mention the foreign transaction fees on my VISA... XC would avoid these hassles... Will this happen in 2 years, maybe. Will XC be the coin? In my mind it has the potential. Bitcoin is like a DOW JONES company. It is hard to turn those big ships and make big advancements. If XC can get it right early, they may be the Facebook replacing the myspace. I also always look at what I say is a conservative side to a company. The minimum I see for XC is a very functional alternate currency that is spent and used due to its anonymous features, easy and safe to use technology and continues to grow at a slower pace. This would still put the price $150 to $200 with a market cap around $1 billion. If they continue to deliver I see the range being $150 to $750 in the next 2 years.
|
|
|
|
PowderMonkey
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 105
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:58:28 PM |
|
As a traditional investment professional, as I have stated before, I am impressed with the underlying fundamentals. A good traditional stock has a good management team, good R & D to stays relevant and appealing to the masses, and if lucky enough a dividend. XC has a great management team, cutting edge technology that has been delivered or is being worked on that will have mass appeal, and it coins increase only 3.3% a year, which is similar to a dividend being paid to current holders. It also has a market cap of $4 to $5 million with plenty of room for growth.
Other coins that intrigued me at first have some flawed fundamentals. They over promise and under deliver. They do no have a set amount of coins (shares). This will lead to dilution. An example is a traditional stock who's price increased over the years and it becomes cumbersome to record keep so they do a stock split. A 2-1 split increases everyones shares by 2, but cuts the price in half. A few other coins have less than half of their final coin number in circulation. This will cause dilution of that coin over time... It simple economics. You look at these same coins and they will have resistance to growth. Say a coin has a $40 million market cap, or approx. 10x XC's, it will struggle to grow. It will take another $40 million to double the price, it will also take more if the number of coins continues to grow as mining continues and causes dilution. You are looking at a $60-$80 million of additional market capitalization to double the price. While doubling is not bad, I see XC with as much or more technology as these coins after only 6 weeks. I see the roadmap and the marketing that has been organized, the developer and his skill set, and the fact this coin can not be diluted as an opportunity that is very rare. A chance to earn many times your initial investment if you hold and trust the plan. As I said before, I bought more earlier this week when the price was low, and will continue to hold until I see a bad diversion from the plan. However, I don't expect this, because so far this team has under promised and over delivered and I expect this to continue.
so what do you think...do you see any reason why in the next few years XC cant have a marketcap equal to BTC..what do you think the future holds, if XC keeps delivering like it has? Potentially... I think it has one of the best chances to emerge. A couple of reasons why... If this coin continues with its advancement on a technical side as well as doing those things that make it easier for the general population to adopt, it will grow its base. It won't fight dilution, Its coins in circulation are set, except for 3.3% (which may not be as much as those lost). So if it would go to $1000k a coin, you would be able to add other forms of XC easier. This would be much like the US having pennies, nickels, dimes, quarters, dollars, tens, twenties etc. If I have an easy payment system and can use an XC credit card on one of the networks (visa, mc, discover) to buy goods and services across the world, especially if physically traveling the sky is the limit. I went overseas this year and had to convert the US dollar to a foreign currency. I did this at a currency desk at a large bank. I paid a premium when exchanging before the trip and exchanged at a discount when I returned home, not to mention the foreign transaction fees on my VISA... Will this happen in 2 years, maybe. Will XC be the coin? In my mind it has the potential. Bitcoin is like a DOW JONES company. It is hard to turn those big ships and make big advancements. If XC can get it right early, they may be the Facebook replacing the myspace. I also always look at what I say is a conservative side to a company. The minimum I see for XC is a very functional alternate currency that is spent and used due to its anonymous features, easy and safe to use technology and continues to grow at a slower pace. This would still put the price $150 to $200 with a market cap around $1 billion. If they continue to deliver I see the range being $150 to $750 in the next 2 years. Thank you for this useful post. Many of your predictions for XCurrency's future align with my own.
|
|
|
|
dadon
Legendary
Offline
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 08:59:22 PM |
|
As a traditional investment professional, as I have stated before, I am impressed with the underlying fundamentals. A good traditional stock has a good management team, good R & D to stays relevant and appealing to the masses, and if lucky enough a dividend. XC has a great management team, cutting edge technology that has been delivered or is being worked on that will have mass appeal, and it coins increase only 3.3% a year, which is similar to a dividend being paid to current holders. It also has a market cap of $4 to $5 million with plenty of room for growth.
Other coins that intrigued me at first have some flawed fundamentals. They over promise and under deliver. They do no have a set amount of coins (shares). This will lead to dilution. An example is a traditional stock who's price increased over the years and it becomes cumbersome to record keep so they do a stock split. A 2-1 split increases everyones shares by 2, but cuts the price in half. A few other coins have less than half of their final coin number in circulation. This will cause dilution of that coin over time... It simple economics. You look at these same coins and they will have resistance to growth. Say a coin has a $40 million market cap, or approx. 10x XC's, it will struggle to grow. It will take another $40 million to double the price, it will also take more if the number of coins continues to grow as mining continues and causes dilution. You are looking at a $60-$80 million of additional market capitalization to double the price. While doubling is not bad, I see XC with as much or more technology as these coins after only 6 weeks. I see the roadmap and the marketing that has been organized, the developer and his skill set, and the fact this coin can not be diluted as an opportunity that is very rare. A chance to earn many times your initial investment if you hold and trust the plan. As I said before, I bought more earlier this week when the price was low, and will continue to hold until I see a bad diversion from the plan. However, I don't expect this, because so far this team has under promised and over delivered and I expect this to continue.
so what do you think...do you see any reason why in the next few years XC cant have a marketcap equal to BTC..what do you think the future holds, if XC keeps delivering like it has? Potentially... I think it has one of the best chances to emerge. A couple of reasons why... If this coin continues with its advancement on a technical side as well as doing those things that make it easier for the general population to adopt, it will grow its base. It won't fight dilution, Its coins in circulation are set, except for 3.3% (which may not be as much as those lost). So if it would go to $1000k a coin, you would be able to add other forms of XC easier. This would be much like the US having pennies, nickels, dimes, quarters, dollars, tens, twenties etc. If it has an easy payment system and you can use an XC credit card on one of the networks (visa, mc, discover) to buy goods and services across the world, especially if physically traveling the sky is the limit. I went overseas this year and had to convert the US dollar to a foreign currency. I did this at a currency desk at a large bank. I paid a premium when exchanging before the trip and exchanged at a discount when I returned home, not to mention the foreign transaction fees on my VISA... Will this happen in 2 years, maybe. Will XC be the coin? In my mind it has the potential. Bitcoin is like a DOW JONES company. It is hard to turn those big ships and make big advancements. If XC can get it right early, they may be the Facebook replacing the myspace. I also always look at what I say is a conservative side to a company. The minimum I see for XC is a very functional alternate currency that is spent and used due to its anonymous features, easy and safe to use technology and continues to grow at a slower pace. This would still put the price $150 to $200 with a market cap around $1 billion. If they continue to deliver I see the range being $150 to $750 in the next 2 years. Thank you for your response, i agree 100%. though i do think it can happen faster possibly only because BTC has laid the foundations for XC to thrive.
|
|
|
|
synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 09:23:40 PM |
|
As a traditional investment professional, as I have stated before, I am impressed with the underlying fundamentals. A good traditional stock has a good management team, good R & D to stays relevant and appealing to the masses, and if lucky enough a dividend. XC has a great management team, cutting edge technology that has been delivered or is being worked on that will have mass appeal, and it coins increase only 3.3% a year, which is similar to a dividend being paid to current holders. It also has a market cap of $4 to $5 million with plenty of room for growth.
Other coins that intrigued me at first have some flawed fundamentals. They over promise and under deliver. They do no have a set amount of coins (shares). This will lead to dilution. An example is a traditional stock who's price increased over the years and it becomes cumbersome to record keep so they do a stock split. A 2-1 split increases everyones shares by 2, but cuts the price in half. A few other coins have less than half of their final coin number in circulation. This will cause dilution of that coin over time... It simple economics. You look at these same coins and they will have resistance to growth. Say a coin has a $40 million market cap, or approx. 10x XC's, it will struggle to grow. It will take another $40 million to double the price, it will also take more if the number of coins continues to grow as mining continues and causes dilution. You are looking at a $60-$80 million of additional market capitalization to double the price. While doubling is not bad, I see XC with as much or more technology as these coins after only 6 weeks. I see the roadmap and the marketing that has been organized, the developer and his skill set, and the fact this coin can not be diluted as an opportunity that is very rare. A chance to earn many times your initial investment if you hold and trust the plan. As I said before, I bought more earlier this week when the price was low, and will continue to hold until I see a bad diversion from the plan. However, I don't expect this, because so far this team has under promised and over delivered and I expect this to continue.
so what do you think...do you see any reason why in the next few years XC cant have a marketcap equal to BTC..what do you think the future holds, if XC keeps delivering like it has? Potentially... I think it has one of the best chances to emerge. A couple of reasons why... If this coin continues with its advancement on a technical side as well as doing those things that make it easier for the general population to adopt, it will grow its base. It won't fight dilution, Its coins in circulation are set, except for 3.3% (which may not be as much as those lost). So if it would go to $1000k a coin, you would be able to add other forms of XC easier. This would be much like the US having pennies, nickels, dimes, quarters, dollars, tens, twenties etc. If it has an easy payment system and you can use an XC credit card on one of the networks (visa, mc, discover) to buy goods and services across the world, especially if physically traveling the sky is the limit. I went overseas this year and had to convert the US dollar to a foreign currency. I did this at a currency desk at a large bank. I paid a premium when exchanging before the trip and exchanged at a discount when I returned home, not to mention the foreign transaction fees on my VISA... XC would avoid these hassles... Will this happen in 2 years, maybe. Will XC be the coin? In my mind it has the potential. Bitcoin is like a DOW JONES company. It is hard to turn those big ships and make big advancements. If XC can get it right early, they may be the Facebook replacing the myspace. I also always look at what I say is a conservative side to a company. The minimum I see for XC is a very functional alternate currency that is spent and used due to its anonymous features, easy and safe to use technology and continues to grow at a slower pace. This would still put the price $150 to $200 with a market cap around $1 billion. If they continue to deliver I see the range being $150 to $750 in the next 2 years. Thanks for the forecast. There's lots of room for disruption in this space, and I'd be very happy to bring some. :-)
|
Co-Founder, the Blocknet
|
|
|
RW-Stott
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 09:29:17 PM |
|
When XC releases REV2, there really needs to be an audit performed so that people can see how XC's anon solution is superior to competitor solutions.
|
|
|
|
|