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CryptoGretzky
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July 02, 2014, 01:42:49 PM |
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This is a great day to be a XC holder. There is no other coins out there with this much professionalism and potential!
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synechist
Legendary
 Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 02, 2014, 01:43:12 PM |
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Co-Founder, the Blocknet
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therightmintality
Member
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Activity: 98
Merit: 10
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July 02, 2014, 01:44:41 PM |
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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. +1. This is Bitcoin 2.0! What a great way to start my long holiday weekend. These are the fundamentals and tangible business plan that seperated XC from other coins when I was deciding to make my entry into alternative currency. Thanks for the professional work and all those involved. |
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addergebroed
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July 02, 2014, 01:45:43 PM |
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Remove your sell orders if any, this is going to the moon  |
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wevus
Member
Offline
Activity: 70
Merit: 10
Long Term Investor with Short Term Memory Loss
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July 02, 2014, 01:50:36 PM |
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A lot of us have waited patiently for this day. This is just the beginning of something massive! We endured the lies, FUD now the dust has started to settle and the cream is raising to the top. Happy camper here. Heard through the grapevine a couple NFL players are on the XC rocket  |
XChat: XQ6YhjRgXHuZKPwDTps6J6i8mwdYnXYdtY
Donatations for the starving pigmies: XC XSoc3Eb7u2EwMaqV6jYChHrhdDvtZp6Cap
BTC 1ALk4YtmNTLwAvPZszQvrNwmrUBSUPXNKr
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CryptoTradeBrah
Newbie
Offline
Activity: 4
Merit: 0
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July 02, 2014, 01:52:58 PM |
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A lot of us have waited patiently for this day. This is just the beginning of something massive! We endured the lies, FUD now the dust has started to settle and the cream is raising to the top. Happy camper here. Heard through the grapevine a couple NFL players are on the XC rocket wot? |
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coin2.0
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July 02, 2014, 01:53:04 PM |
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TAKE OFF |
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benthach
Legendary
Offline
Activity: 1764
Merit: 1000
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July 02, 2014, 01:53:48 PM |
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i think XC need to be added to something like www.moolah.io to be useful |
reddit btcwriter1 - twitter kingpininvestor
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RW-Stott
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July 02, 2014, 01:54:58 PM |
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A lot of us have waited patiently for this day. This is just the beginning of something massive! We endured the lies, FUD now the dust has started to settle and the cream is raising to the top. Happy camper here. Heard through the grapevine a couple NFL players are on the XC rocket  |
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anujjain
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July 02, 2014, 01:55:31 PM |
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Wow, so many press releases in 1 day, it will going to upwards surely with this kind of media attention. |
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 02, 2014, 02:00:22 PM |
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Co-Founder, the Blocknet
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SpringfieldM1A
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July 02, 2014, 02:06:46 PM |
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This is a great day to be a XC holder. There is no other coins out there with this much professionalism and potential!
You are right. I am here since the first week and ever since i held on to my XC because i knew it will be the best out there. My guess this day will be a followed by even better days. I am imagining some venture capitalists browsing Yahoo Finance right now and thinking 'now what is this thing they call XC?' Brace yourself for a true bull run towards the moon, hold on to your coins and stand fast. |
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RW-Stott
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July 02, 2014, 02:11:51 PM |
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I'm hedged with 4 different coins right now, XC is one of them, is todays growth just a temporary pump?
REV2 releases in 5 days... will be a game changer in terms of anon technology. |
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JakeThePanda
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July 02, 2014, 02:16:51 PM |
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I'm hedged with 4 different coins right now, XC is one of them, is todays growth just a temporary pump?
Everyone needs to understand something about financial markets. It doesn't matter how profitable a company is, it's stock will never go up in a straight line. There will always be profit taking from traders after significant moves. Crypto is no different and therefore XC is no different. Will there be pullbacks from here? Possibly. The higher it goes in one move the higher the probability there will be a pullback. It's just human nature and the psychological factors that impact financial markets, all of them. Keep in mind there are many different types of players and not all of them care about the long-term fundamentals. There are liquidity providers that play the spread, swing/day traders that play the charts and fundamental holders, or long-term investors. They all have different strategies and affect the market in different ways. |
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RW-Stott
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July 02, 2014, 02:18:23 PM |
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I'm hedged with 4 different coins right now, XC is one of them, is todays growth just a temporary pump?
Everyone needs to understand something about financial markets. It doesn't matter how profitable a company is, it's stock will never go up in a straight line. There will always be profit taking from traders after significant moves. Crypto is no different and therefore XC is no different. Will there be pullbacks from here? Possibly. The higher it goes in one move the higher the probability there will be a pullback. It's just human nature and the psychological factors that impact financial markets, all of them. But XC's overall trend is up, and has been for a couple weeks now. |
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JakeThePanda
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July 02, 2014, 02:21:41 PM |
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I'm hedged with 4 different coins right now, XC is one of them, is todays growth just a temporary pump?
Everyone needs to understand something about financial markets. It doesn't matter how profitable a company is, it's stock will never go up in a straight line. There will always be profit taking from traders after significant moves. Crypto is no different and therefore XC is no different. Will there be pullbacks from here? Possibly. The higher it goes in one move the higher the probability there will be a pullback. It's just human nature and the psychological factors that impact financial markets, all of them. But XC's overall trend is up, and has been for a couple weeks now. Over the long-term, the fundamentals will win. But, over the short-term many different factors are at play. Yes, the trend has been up, but my point is that not every move has something to do with the fundamentals of the asset. Derail/ Back to XC! |
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almond
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July 02, 2014, 02:28:59 PM |
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I'm hedged with 4 different coins right now, XC is one of them, is todays growth just a temporary pump?
Everyone needs to understand something about financial markets. It doesn't matter how profitable a company is, it's stock will never go up in a straight line. There will always be profit taking from traders after significant moves. Crypto is no different and therefore XC is no different. Will there be pullbacks from here? Possibly. The higher it goes in one move the higher the probability there will be a pullback. It's just human nature and the psychological factors that impact financial markets, all of them. But XC's overall trend is up, and has been for a couple weeks now. Over the long-term, the fundamentals will win. But, over the short-term many different factors are at play. Yes, the trend has been up, but my point is that not every move has something to do with the fundamentals of the asset. Derail/ & crypto's in general because of their low volume exhibit high volatility. XC has had relatively low volatility the past month, for a crypto, mostly because it's been caught in a trading range. but we can't expect that lower volatility to continue on a move up. Allez les XC! |
Freedom of the press is guaranteed only to those who own one
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philipvdlinde
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July 02, 2014, 02:40:38 PM |
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I am so glad that the hype cooled off, I will never make the same mistake again. On the 7th I will be in XC. It happened while I was busy accumilating.
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