[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos

[Mwalshe89]

Hi, everyone

I've recently encountered the opportunity of sponsoring two voleyball teams that plays within the national divsion in the UK. This a start out team so they are in the 3rd division for now. Currently we could sponsor them for a single season from september to may. Within this deal, we sponsor two teams, one ladies and the other man.

The cost of this would be roughly 750 dollars. I understand it's a lot of money but it's a great opportunity especially for pr and the club that runs both of these teams is quite large. Let me know if this something the community would be interested in crowdfunding.

Hey dude,

While I think this is a great idea down the line. The scope currently for the cost seems extremely small, especially as the audience is going to be pretty much completely unknown to cryptocurrency.

I think the money would be better spent on targeted online ad campaigns or more paid media/PR releases.

It's definitely a good idea a year down the line though.

Really appreciate the hard work you are putting in! Keep it up!!

[BrewCrewFan]

Hi, everyone

I've recently encountered the opportunity of sponsoring two voleyball teams that plays within the national divsion in the UK. This a start out team so they are in the 3rd division for now. Currently we could sponsor them for a single season from september to may. Within this deal, we sponsor two teams, one ladies and the other man.

The cost of this would be roughly 750 dollars. I understand it's a lot of money but it's a great opportunity especially for pr and the club that runs both of these teams is quite large. Let me know if this something the community would be interested in crowdfunding.

Picks of the ladies please.... I dont want no women who looks like men to have the XC logo lol... .( just kidding ... maybe.... )

[bitcad4u]

Pure PoS coins are never going to be valued high since there's no actual money (invested in hardware) backing the price. Not to mention they are unfairly distributed, they benefit just early adopters who had the chance to mine them in the brief mining phase. Just look at PeerCoin for a PoS coin done right which allows mining besides staking.

If you think that hardware is backing up the price of a coin...man, your math is so wrong...

Yep - Crypto not backed by nothing but faith... and u gata have faith... gata have faith.... gata have FAITHHHHHHHHHHHHHHHHHHHHH!

-fred durst

[Teka]

Hi, everyone

I've recently encountered the opportunity of sponsoring two voleyball teams that plays within the national divsion in the UK. This a start out team so they are in the 3rd division for now. Currently we could sponsor them for a single season from september to may. Within this deal, we sponsor two teams, one ladies and the other man.

The cost of this would be roughly 750 dollars. I understand it's a lot of money but it's a great opportunity especially for pr and the club that runs both of these teams is quite large. Let me know if this something the community would be interested in crowdfunding.

Hey dude,

While I think this is a great idea down the line. The scope currently for the cost seems extremely small, especially as the audience is going to be pretty much completely unknown to cryptocurrency.

I think the money would be better spent on targeted online ad campaigns or more paid media/PR releases.

It's definitely a good idea a year down the line though.

Really appreciate the hard work you are putting in! Keep it up!!

I think that's actually a good thing rather than bad because we could get them invested in xc. However I do see your point.

[Driv3n]

As price and volume undoubtedly rise throughout the next few days, just a reminder theres a price speculation thread on the official forum.

http://forum.xctalk.com/index.php?/topic/76-xc-price-speculation-topic/

[Driv3n]

Sushi & Kimmy - hows everything going on the XC faucets?

[therightmintality]

What a great Holiday... woke up, had a coffee, fired up the Ipad and saw I could buy XC below 19 again, picked up some more coins and also noticed the sell wall looks great.  Only 25 BTC to get to .00228 and the buy wall is giant...

I have buy orders back in at 150sat.. if it ever gets there again.. but yes, time to stock up  more today

Doesn't look like will get there.   Sell wall is small. The last few days shook out some more weak hands.  BTC down a little, its a great time to buy.  

The thing I like most about this coin is that the mining is complete.  Other coins that have watched are fighting dilution.   They go up in value, it becomes more and more attractive to mine, and many sell as soon as they get the coins.   The supply of coins is increasing on a daily basis and this increases volume, and Market Cap, but puts downward pressure on the price.   I looked at some of these coins and thought about investing, but the price I pay per coin is much higher that a the cost of mining a coin.  This will eventually catch up and the price will slowly fluctuate up a down, with a longer term downward trend.  I am comparing this to traditional investment where if a stock splits, the price in turn doubles so the stock is not diluted.  So, why would I invest in a coin that added significant shares through continued mining, with no immediate price change, other than downward sell pressure due to miners wanting to recoup cost and see this as an income source/job.   I like XC because it rewards current coinholders with a dividend, like a traditional stock, that is usually kept in the account and not immediately sold.  Just trying to think through this... Does this make sense to you?

I've enjoyed reading your posts.  You are dead on accurate about the dilution of value with coins that are still being minted.  An advantage that XC clearly enjoys.

Another factor to watch, that will contribute to the rise in value of XC is the velocity of money.  The velocity of money is how often a given unit of currency changes hands. Economists say that as the velocity of money goes up for a given currency, so does that currency's value, relative to other currencies.  In other words, the more 'useful' a currency is, the more valuable it becomes.

XC currently has an extrememly low velocity of money.  The only reason to own XC these days is to speculate on it's future value; the coin is still in beta, and we can only send a max of 10 coins anonymously. And the dev team is only just starting to work on creating multiple uses for XC, including  acceptance as a medium of exchange.

As XC becomes useful it's velocity of money will increase, and so will it's value relative to other currencies.
I'm hoping for escape velocity.

I agree, while this is called a currency, it is still in it's infancy.  Once XC is used as a true currency, its value will stabilize and fluctuate with other currencies in the world market.  When or if that happens the price with only 5.5M coins would be beyond most on this board's imagination.  This is what makes XC different...  Other coins with mining continuing for 20-30 years will struggle for price stability.  If they would become a true currency, they would fight inflationary pressures of their coin.  An example, if you google or look at the history of Zimbabwe.  They printed excess currency to fund political goals and debt.  They had hyperinflation of over well over million percent.   It cost $145,000 in 2008 for a bread roll, or .69 in USD.   Their currency collapsed and now they use other world currencies.    While this is an extreme example, cryptocurrency  with ongoing mining will fight dilution.  I believe this is true of Bitcoin.  It had a run up with the principals of velocity and its wider use and acceptance, but it will now fluctuate with other currency and what goods and services it can buy, while fighting dilution from new mined bitcoins entering the market.  This is why it has come back to its current range.  

I thought I would repost the above... We have some fudders talking about the # of shares.  As a traditional investor, as well as potential institutional investors, the closed mining makes is much more fundamentally sound.

[SushiChef]

Sushi & Kimmy - hows everything going on the XC faucets?

Good you brougt this up. They are pretty much done but there are other questions we have at the moment. Keep an eye out on the official forum ill post there today!

[Driv3n]

Sushi & Kimmy - hows everything going on the XC faucets?

Good you brougt did up. They are pretty much done but they are other questions we have at The moment. Keep EUR on The forum ill post there today!

---

Hangover
Smoked
Mobile

You get The point

Lol sounds good, I'll be looking for it later, thanks again.

[Youghoor]

Sushi & Kimmy - hows everything going on the XC faucets?

Good you brougt did up. They are pretty much done but they are other questions we have at The moment. Keep EUR on The forum ill post there today!

---

Hangover
Smoked
Mobile

You get The point

great working on the faucet.

[yourstruly]

Why are all the items in the development plan unrelated to the protocol? Are you not concerned with blockchain size, centralization of PoS or any of the other issues with the protocol? Could encrypted messaging and the likes not be provided by other services? Most of the development plan seems to be focused around building out a wallet than working on the protocol. Seems like a bad move in my opinion.

[Teka]

Why are all the items in the development plan unrelated to the protocol? Are you not concerned with blockchain size, centralization of PoS or any of the other issues with the protocol? Could encrypted messaging and the likes not be provided by other services? Most of the development plan seems to be focused around building out a wallet than working on the protocol. Seems like a bad move in my opinion.

XC is a privacy platform built around the coin, that's something not a lot of cryptos do. We are building a platform, I'm pretty certain that most people understand just how much potential that has.

[CryptoGretzky]

Why are all the items in the development plan unrelated to the protocol? Are you not concerned with blockchain size, centralization of PoS or any of the other issues with the protocol? Could encrypted messaging and the likes not be provided by other services? Most of the development plan seems to be focused around building out a wallet than working on the protocol. Seems like a bad move in my opinion.

Do you even know what the word protocol means?   We are not changing the blockchain like other coins...   XC don't bloat the blockchain.....

ps. this is the same troll that talked about the Git history.

[mig5000]

Hi, everyone

I've recently encountered the opportunity of sponsoring two voleyball teams that plays within the national divsion in the UK. This a start out team so they are in the 3rd division for now. Currently we could sponsor them for a single season from september to may. Within this deal, we sponsor two teams, one ladies and the other man.

The cost of this would be roughly 750 dollars. I understand it's a lot of money but it's a great opportunity especially for pr and the club that runs both of these teams is quite large. Let me know if this something the community would be interested in crowdfunding.

Hey dude,

While I think this is a great idea down the line. The scope currently for the cost seems extremely small, especially as the audience is going to be pretty much completely unknown to cryptocurrency.

I think the money would be better spent on targeted online ad campaigns or more paid media/PR releases.

It's definitely a good idea a year down the line though.

Really appreciate the hard work you are putting in! Keep it up!!

I think that's actually a good thing rather than bad because we could get them invested in xc. However I do see your point.

No it's a bad thing. Crypto is very hard to get into right now and you don't want to spend money on people who are 3 steps behind. I'd rather you sponsor some geek superstars for 10k than a volleyball team for .75k. The people following the geeks are 1 or 2 steps behind. You average joe going to see volleyball is 3+ steps behind, easily.

[bitcad4u]

Why are all the items in the development plan unrelated to the protocol? Are you not concerned with blockchain size, centralization of PoS or any of the other issues with the protocol? Could encrypted messaging and the likes not be provided by other services? Most of the development plan seems to be focused around building out a wallet than working on the protocol. Seems like a bad move in my opinion.

No we are not concerned, thank you for your thoughts though. 

[SushiChef]

Hi, everyone

I've recently encountered the opportunity of sponsoring two voleyball teams that plays within the national divsion in the UK. This a start out team so they are in the 3rd division for now. Currently we could sponsor them for a single season from september to may. Within this deal, we sponsor two teams, one ladies and the other man.

The cost of this would be roughly 750 dollars. I understand it's a lot of money but it's a great opportunity especially for pr and the club that runs both of these teams is quite large. Let me know if this something the community would be interested in crowdfunding.

Hey dude,

While I think this is a great idea down the line. The scope currently for the cost seems extremely small, especially as the audience is going to be pretty much completely unknown to cryptocurrency.

I think the money would be better spent on targeted online ad campaigns or more paid media/PR releases.

It's definitely a good idea a year down the line though.

Really appreciate the hard work you are putting in! Keep it up!!

I think that's actually a good thing rather than bad because we could get them invested in xc. However I do see your point.

No it's a bad thing. Crypto is very hard to get into right now and you don't want to spend money on people who are 3 steps behind. I'd rather you sponsor some geek superstars for 10k than a volleyball team for .75k. The people following the geeks are 1 or 2 steps behind. You average joe going to see volleyball is 3+ steps behind, easily.

You seem to make the same mistake I made with the faucets. We want to bring XCurrency to NON crypto users. Not The geeks. Remember we are smart money we seek gain in the future

Geeks will be reached threw the standard channels (twitter, facebook, add campaigns, trollboxes). We need to think outside of that

About Crypto hard to get into right now you are right. But probably soon after the official release we will have some sort of own tradingplatform on our blockchain where people can get easy XCess (trademarked!) to XCurrency within they're easy GUI wallet

[dida]

Why are all the items in the development plan unrelated to the protocol? Are you not concerned with blockchain size, centralization of PoS or any of the other issues with the protocol? Could encrypted messaging and the likes not be provided by other services? Most of the development plan seems to be focused around building out a wallet than working on the protocol. Seems like a bad move in my opinion.

..and you have so much time in crypto ...  

[SushiChef]

Thanks guys! For quoting my very well written post 

[DogTheHunter]

Is there an updated roadmap?

Haven't seen the OP main dev post for a while.

[CryptoGretzky]

Is there an updated roadmap?

Haven't seen the OP main dev post for a while.

For anyone new to XC please refer to the following info on why the price is rising.  This is a correction more than anything, and for anyone wondering if they should buy some XC, now is definitely the time.  We are just warming up.

http://www.reuters.com/article/2014/07/02/idUSnGNXbb8nSq+1c2+GNW20140702

Here you go... if you even bothered to click one page back.. you will see it.

Troll harder next time.  Dev is busy coding for tomorrow release, not to chat in the forum... That's what PR/Teka is here for.