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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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synechist
Legendary
 Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 02, 2014, 02:49:46 PM |
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Heard through the grapevine a couple NFL players are on the XC rocket  I can confirm this rumour. Two professional NFL players are XC investors. We'll release more information on this once their ability to speak on behalf of XC has been clarified. |
Co-Founder, the Blocknet
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RW-Stott
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July 02, 2014, 02:51:51 PM |
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Heard through the grapevine a couple NFL players are on the XC rocket I can confirm this rumour. Two professional NFL players are XC investors. We'll release more information on this once their ability to speak on behalf of XC has been clarified. Holy shit... this could be huge publicity for XC!  |
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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, 02:54:40 PM |
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After only a few hours the press release now has over 30k headline impressions. Wow. |
Co-Founder, the Blocknet
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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, 02:55:45 PM |
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XC
0.00165188
up 35.40% Bittrex
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XChat: XQ6YhjRgXHuZKPwDTps6J6i8mwdYnXYdtY
Donatations for the starving pigmies: XC XSoc3Eb7u2EwMaqV6jYChHrhdDvtZp6Cap
BTC 1ALk4YtmNTLwAvPZszQvrNwmrUBSUPXNKr
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CryptoGretzky
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July 02, 2014, 02:56:42 PM |
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Heard through the grapevine a couple NFL players are on the XC rocket I can confirm this rumour. Two professional NFL players are XC investors. We'll release more information on this once their ability to speak on behalf of XC has been clarified. Holy shit... this could be huge publicity for XC! WOW... no words. |
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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, 02:57:43 PM |
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After only a few hours the press release now has over 30k headline impressions. Wow. So far it has been submitted to 112 media companies. Expect more and more articles to appear over the coming week. |
Co-Founder, the Blocknet
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benthach
Legendary
Offline
Activity: 1764
Merit: 1000
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July 02, 2014, 02:58:11 PM |
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first peer-2-peer(p2p) truthless coin. yay! im in.  so vericoin, supercoin and darkcoin still not p2p, yet? |
reddit btcwriter1 - twitter kingpininvestor
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pratico
Newbie
Offline
Activity: 28
Merit: 0
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July 02, 2014, 03:03:09 PM |
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Well, I'm sold...
"ALL-IN"
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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, 03:07:34 PM |
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Heard through the grapevine a couple NFL players are on the XC rocket I can confirm this rumour. Two professional NFL players are XC investors. We'll release more information on this once their ability to speak on behalf of XC has been clarified. Holy shit... this could be huge publicity for XC! WOW... no words. Yes, with the NFL preseason starting in August and ridiculous amounts of media coverage that the NFL commands are really second to none. Another factor is: the players are a close knit group, regardless of being on different teams they look out for each other, and they will definitely share good investment advice. |
XChat: XQ6YhjRgXHuZKPwDTps6J6i8mwdYnXYdtY
Donatations for the starving pigmies: XC XSoc3Eb7u2EwMaqV6jYChHrhdDvtZp6Cap
BTC 1ALk4YtmNTLwAvPZszQvrNwmrUBSUPXNKr
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cyberhacker
Legendary
Offline
Activity: 1330
Merit: 1000
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July 02, 2014, 03:08:23 PM |
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first peer-2-peer(p2p) truthless coin. yay! im in. so vericoin, supercoin and darkcoin still not p2p, yet? actually drk is much more honest than others. at least drk is decentralized masternode. not central server in devs' hand. |
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SpringfieldM1A
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July 02, 2014, 03:08:48 PM |
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I don't know if you guys are watching the markets right now, but the trading action is exciting. There are multiple attempts by whales to bring down the price (to buy in cheaper) but due to the buy support their attempts fail.
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CryptoGretzky
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July 02, 2014, 03:09:43 PM |
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Heard through the grapevine a couple NFL players are on the XC rocket I can confirm this rumour. Two professional NFL players are XC investors. We'll release more information on this once their ability to speak on behalf of XC has been clarified. Holy shit... this could be huge publicity for XC! WOW... no words. Yes, with the NFL preseason starting in August and ridiculous amounts of media coverage that the NFL commands are really second to none. Another factor is: the players are a close knit group, regardless of being on different teams they look out for each other, and they will definitely share good investment advice. The untapped millions waiting to invest. Yum... |
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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, 03:11:27 PM |
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first peer-2-peer(p2p) truthless coin. yay! im in. so vericoin, supercoin and darkcoin still not p2p, yet? No, they are P2P, but the release does not give this as grounds for XC being the industry leader. The reason given for its position is a combination of: (a) having successfully resolved technical challenges: avoiding blockchain bloat, avoiding semi-centralisation, being designed as a platform, and not encountering forking issues (b) achieving the highest working level of anonymity due to its layered approach to privacy - TOR, end-to-end encrypted communication, fully decentralised xnodes, and multipath. |
Co-Founder, the Blocknet
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